Goldrush Holdings (JSE:GRSP) Days Payable: 56.45 (As of Sep. 2025) — Near Median


JSE:GRSP Goldrush Holdings Ltd JSE:GRSP
66 GF Score
Price R6.15
GF Value R1,176.62
Valuation Possible Value Trap
! 3 Warning Signs
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What is Goldrush Holdings Days Payable?

Goldrush Holdings JSE:GRSP +3.19% 66 Days Payable is 56.45 as of Sep. 2025, which is 3% above its 10-year median of 54.78. GuruFocus rates JSE:GRSP with a GF Score™ of 66/100 and a GF Value™ of R1,176.62 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 485 Asset Management companies, Goldrush Holdings ranks worse than 55.46% on this metric.

Goldrush Holdings's average Accounts Payable for the six months ended in Sep. 2025 was R125 Mil. Goldrush Holdings's Cost of Goods Sold for the six months ended in Sep. 2025 was R405 Mil. Hence, Goldrush Holdings's Days Payable for the six months ended in Sep. 2025 was 56.45.

The historical rank and industry rank for Goldrush Holdings's Days Payable or its related term are showing as below:

JSE:GRSP' s Days Payable Range Over the Past 10 Years
Min: 54.78   Med: 54.78   Max: 57.17
Current: 57.17

During the past 13 years, Goldrush Holdings's highest Days Payable was 57.17. The lowest was 54.78. And the median was 54.78.

JSE:GRSP's Days Payable is ranked worse than
55.46% of 485 companies
in the Asset Management industry
Industry Median: 70.69 vs JSE:GRSP: 57.17

Goldrush Holdings's Days Payable increased from Sep. 2024 (52.51) to Sep. 2025 (56.45). It may suggest that Goldrush Holdings delayed paying its suppliers.


Goldrush Holdings Days Payable Historical Data

* Premium members only.

The historical data trend for Goldrush Holdings's Days Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Goldrush Holdings Days Payable Chart

Goldrush Holdings Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 54.78

Goldrush Holdings Semi-Annual Data
Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 52.51 56.86 56.45

JSE:GRSP vs BLK, BX, KKR: Days Payable Comparison

For the Asset Management subindustry, Goldrush Holdings's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Goldrush Holdings Days Payable vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Goldrush Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Goldrush Holdings's Days Payable falls into.


JSE:GRSP
66GF Score
Goldrush Holdings Ltd JSE:GRSP
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Goldrush Holdings Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Goldrush Holdings's Days Payable for the fiscal year that ended in Mar. 2025 is calculated as

Days Payable (A: Mar. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2024 ) + Accounts Payable (A: Mar. 2025 )) / count ) / Cost of Goods Sold (A: Mar. 2025 )*Days in Period
=( (0 + 118.387) / 1 ) / 788.791*365
=118.387 / 788.791*365
=54.78

Goldrush Holdings's Days Payable for the quarter that ended in Sep. 2025 is calculated as:

Days Payable (Q: Sep. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2025 ) + Accounts Payable (Q: Sep. 2025 )) / count ) / Cost of Goods Sold (Q: Sep. 2025 )*Days in Period
=( (118.387 + 132.365) / 2 ) / 405.327*365 / 2
=125.376 / 405.327*365 / 2
=56.45

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 56.45 mean?
Goldrush Holdings (JSE:GRSP) has a Days Payable of 56.45 as of Sep. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Goldrush Holdings and its competitors. This is near median its historical median of 54.78. Over the past decade, Goldrush Holdings' Days Payable has ranged from 54.78 to 57.17. According to the industry distribution chart, Goldrush Holdings ranks #269 out of 485 companies in the Asset Management industry, placing it in the top 55.5%.
Is Goldrush Holdings' Days Payable too high?
Goldrush Holdings' current Days Payable of 56.45 is near median its 10-year median of 54.78. Over the past 10 years, this metric has ranged from a low of 54.78 to a high of 57.17. The Asset Management industry median Days Payable is 70.69. Goldrush Holdings' value of 56.45 is 20.1% below this industry median. Based on the distribution chart, Goldrush Holdings ranks #269 out of 485 companies in the Asset Management industry, which is below the industry midpoint. Overall, Goldrush Holdings has a GF Score™ of 66/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Goldrush Holdings' Days Payable compare to BLK and BX?
According to the Asset Management industry distribution chart, Goldrush Holdings ranks #269 out of 485 companies for Days Payable. This places Goldrush Holdings in the lower half of its industry. The industry median Days Payable is 70.69. Goldrush Holdings' value of 56.45 is 20.1% below this benchmark. Historically, Goldrush Holdings' own Days Payable has ranged from 54.78 to 57.17 over the past decade. While the company's 10-year median is 54.78 vs. the industry median of 70.69, Goldrush Holdings has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for an Asset Management company?
The median Days Payable among Asset Management companies is 70.69, based on 485 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Goldrush Holdings's current Days Payable of 56.45 is 20.1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Goldrush Holdings and its competitors. For the Asset Management industry, the median Days Payable is 70.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Goldrush Holdings's current Days Payable is 56.45, which is near median its own 10-year median of 54.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Goldrush Holdings stock overvalued right now?
Based on GuruFocus' analysis, Goldrush Holdings (JSE:GRSP) is currently considered Possible Value Trap. The stock's GF Value™ is R1,176.62, compared to a current price of R6.15 — trading 99.5% below its estimated fair value. The current Days Payable is 56.45, which is near median its 10-year median of 54.78 and 20.1% below the Asset Management industry median of 70.69. Goldrush Holdings' overall GF Score™ is 66/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Goldrush Holdings (JSE:GRSP), the current Days Payable is 56.45 as of Sep. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Goldrush Holdings (JSE:GRSP) Overvalued in 2026?

Based on GuruFocus' analysis, Goldrush Holdings stock appears to be undervalued. The current stock price of R6.15 is trading 99.5% below its estimated GF Value™ of R1,176.62. GuruFocus considers Goldrush Holdings to be Possible Value Trap.

Key valuation signals for JSE:GRSP:

  • Days Payable: 56.45 (near median its 10-year median of 54.78)
  • GF Value™: R1,176.62 vs. price of R6.15 (99.5% below fair value)
  • GF Score™: 66/100 with 3 warning signs
  • Industry Position: 20.1% below the Asset Management median (#269 of 485)

No single metric tells the full story. See the JSE:GRSP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Goldrush Holdings Business Description

Address 50 Bree Street, 1st Floor, The Barracks, Cape Town, WC, ZAF, 8001
Goldrush Holdings Ltd is a closed-end investment company making long-term investments. Its investment objective is to make long-term investments for generating high real returns from capital appreciation, and investment income. It operates principally in South Africa. The company's revenue source is from dividends and interests.
66GF Score

Get the complete analysis for JSE:GRSP

Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R6.15
Price
R1,176.62
GF Value