Lesaka Technologies (JSE:LSK) Days Payable : 15.94 (As of Mar. 2024)

View and export this data going back to 2008. Start your Free Trial

What is Lesaka Technologies Days Payable?

Lesaka Technologies's average Accounts Payable for the three months ended in Mar. 2024 was R355 Mil. Lesaka Technologies's Cost of Goods Sold for the three months ended in Mar. 2024 was R2,033 Mil. Hence, Lesaka Technologies's Days Payable for the three months ended in Mar. 2024 was 15.94.

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

JSE:LSK' s Days Payable Range Over the Past 10 Years
Min: 13.53 Med: 26.29 Max: 45.55
Current: 14.63

During the past 13 years, Lesaka Technologies's highest Days Payable was 45.55. The lowest was 13.53. And the median was 26.29.

JSE:LSK's Days Payable is ranked worse than
86.37% of 2531 companies
in the Software industry
Industry Median: 50.13 vs JSE:LSK: 14.63

Lesaka Technologies's Days Payable declined from Mar. 2023 (20.64) to Mar. 2024 (15.94). It may suggest that Lesaka Technologies accelerated paying its suppliers.

Lesaka Technologies Days Payable Historical Data

The historical data trend for Lesaka Technologies'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.

* Premium members only.

Lesaka Technologies Days Payable Chart

Lesaka Technologies Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Payable

Get a 7-Day Free Trial

42.84

26.20

28.17

26.92

12.26

Lesaka Technologies Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															20.64	15.33	10.96	13.07	15.94

Competitive Comparison of Lesaka Technologies's Days Payable

For the Software - Infrastructure subindustry, Lesaka Technologies'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.

Lesaka Technologies's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, Lesaka Technologies's Days Payable distribution charts can be found below:

* The bar in red indicates where Lesaka Technologies's Days Payable falls into.

Lesaka Technologies 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.

Lesaka Technologies's Days Payable for the fiscal year that ended in Jun. 2023 is calculated as

	Days Payable (A: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jun. 2022 )	+	Accounts Payable (A: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2023 )	*	Days in Period
=	( (293.705	+	232.061)	/	2 )	/	7826.779	*	365
=	262.883					/	7826.779	*	365
=	12.26

Lesaka Technologies's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (351.862	+	358.447)	/	2 )	/	2032.811	*	365 / 4
=	355.1545					/	2032.811	*	365 / 4
=	15.94

Lesaka Technologies Days Payable Related Terms

Thank you for viewing the detailed overview of Lesaka Technologies's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Lesaka Technologies (JSE:LSK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Lesaka Technologies Inc (JSE:LSK) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

LSAK:USA

Address

Corner Jan Smuts Avenue and Bolton Road, President Place, 4th Floor, Rosebank, Johannesburg, GT, ZAF, 2196

Website

https://www.lesakatech.com

Lesaka Technologies Inc provides payment solutions, transaction processing solutions, and financial technologies. The company operates two reportable segments: Merchant and Consumer. The company operates mainly within South Africa. The Merchant segment that derives majority revenue includes activities related to the provision of goods and services provided to corporate and other juristic entities. It earns fees from processing activities performed for its customers and revenue generated from the distribution of prepaid airtime. The Consumer segment includes activities related to the provision of financial services to customers, including bank accounts, loans, and insurance products. The firm charges monthly administration fees for all bank accounts.

Lesaka Technologies (JSE:LSK) Headlines

No Headlines