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Mahube Infrastructure (JSE:MHB) Days Payable : 33.17 (As of Aug. 2024)


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What is Mahube Infrastructure Days Payable?

Mahube Infrastructure's average Accounts Payable for the six months ended in Aug. 2024 was R0.73 Mil. Mahube Infrastructure's Cost of Goods Sold for the six months ended in Aug. 2024 was R4.02 Mil. Hence, Mahube Infrastructure's Days Payable for the six months ended in Aug. 2024 was 33.17.

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

JSE:MHB' s Days Payable Range Over the Past 10 Years
Min: 30.12   Med: 89.8   Max: 562.76
Current: 30.12

During the past 9 years, Mahube Infrastructure's highest Days Payable was 562.76. The lowest was 30.12. And the median was 89.80.

JSE:MHB's Days Payable is ranked worse than
74.78% of 456 companies
in the Asset Management industry
Industry Median: 72.135 vs JSE:MHB: 30.12

Mahube Infrastructure's Days Payable increased from Aug. 2023 (31.33) to Aug. 2024 (33.17). It may suggest that Mahube Infrastructure delayed paying its suppliers.


Mahube Infrastructure Days Payable Historical Data

The historical data trend for Mahube Infrastructure'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.

Mahube Infrastructure Days Payable Chart

Mahube Infrastructure Annual Data
Trend Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Days Payable
Get a 7-Day Free Trial Premium Member Only 107.39 72.20 50.62 33.57 30.70

Mahube Infrastructure Semi-Annual Data
Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24
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 70.59 48.86 31.33 29.89 33.17

Competitive Comparison of Mahube Infrastructure's Days Payable

For the Asset Management subindustry, Mahube Infrastructure'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.


Mahube Infrastructure's Days Payable Distribution in the Asset Management Industry

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

* The bar in red indicates where Mahube Infrastructure's Days Payable falls into.



Mahube Infrastructure 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.

Mahube Infrastructure's Days Payable for the fiscal year that ended in Feb. 2024 is calculated as

Days Payable (A: Feb. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Feb. 2023 ) + Accounts Payable (A: Feb. 2024 )) / count ) / Cost of Goods Sold (A: Feb. 2024 )*Days in Period
=( (0.477 + 0.824) / 2 ) / 7.734*365
=0.6505 / 7.734*365
=30.70

Mahube Infrastructure's Days Payable for the quarter that ended in Aug. 2024 is calculated as:

Days Payable (Q: Aug. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Feb. 2024 ) + Accounts Payable (Q: Aug. 2024 )) / count ) / Cost of Goods Sold (Q: Aug. 2024 )*Days in Period
=( (0.824 + 0.637) / 2 ) / 4.019*365 / 2
=0.7305 / 4.019*365 / 2
=33.17

* 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.


Mahube Infrastructure Days Payable Related Terms

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Mahube Infrastructure Business Description

Traded in Other Exchanges
N/A
Address
4 The High Street, 3rd Floor, Penthouse 5, Melrose Arch, Johannesburg, GT, ZAF, 2196
Mahube Infrastructure Ltd is an investment entity holding its investments in operational infrastructure assets. The company's business is to own infrastructure assets in the energy, transportation and water and sanitation sectors across Southern Africa.

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