PSV Holdings (JSE:PSV) Days Payable: 74.41 (As of Aug. 2019)


What is PSV Holdings Days Payable?

PSV Holdings JSE:PSV Days Payable is 74.41 as of Aug. 2019.

PSV Holdings's average Accounts Payable for the six months ended in Aug. 2019 was R29.9 Mil. PSV Holdings's Cost of Goods Sold for the six months ended in Aug. 2019 was R73.4 Mil. Hence, PSV Holdings's Days Payable for the six months ended in Aug. 2019 was 74.41.

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

JSE:PSV's Days Payable is not ranked *
in the Industrial Products industry.
Industry Median: 78.08
* Ranked among companies with meaningful Days Payable only.

PSV Holdings's Days Payable declined from Aug. 2018 (76.20) to Aug. 2019 (74.41). It may suggest that PSV Holdings accelerated paying its suppliers.

PSV Holdings Days Payable Historical Data

* Premium members only.

The historical data trend for PSV 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.

PSV Holdings Days Payable Chart

PSV Holdings Annual Data
Trend Feb10 Feb11 Feb12 Feb13 Feb14 Feb15 Feb16 Feb17 Feb18 Feb19
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 63.47 86.82 102.93 98.11 68.13

PSV Holdings Semi-Annual Data
Feb10 Aug10 Feb11 Aug11 Feb12 Aug12 Feb13 Aug13 Feb14 Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19
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 78.42 114.85 76.20 58.99 74.41

JSE:PSV vs HON, MMM, GE: Days Payable Comparison

For the Specialty Industrial Machinery subindustry, PSV 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.

PSV Holdings Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, PSV Holdings's Days Payable distribution charts can be found below:

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


PSV 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.

PSV Holdings's Days Payable for the fiscal year that ended in Feb. 2019 is calculated as

Days Payable (A: Feb. 2019 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Feb. 2018 ) + Accounts Payable (A: Feb. 2019 )) / count ) / Cost of Goods Sold (A: Feb. 2019 )*Days in Period
=( (49.231 + 28.909) / 2 ) / 209.317*365
=39.07 / 209.317*365
=68.13

PSV Holdings's Days Payable for the quarter that ended in Aug. 2019 is calculated as:

Days Payable (Q: Aug. 2019 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Feb. 2019 ) + Accounts Payable (Q: Aug. 2019 )) / count ) / Cost of Goods Sold (Q: Aug. 2019 )*Days in Period
=( (28.909 + 30.977) / 2 ) / 73.437*365 / 2
=29.943 / 73.437*365 / 2
=74.41

* 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 74.41 mean?
PSV Holdings (JSE:PSV) has a Days Payable of 74.41 as of Aug. 2019. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on PSV Holdings and its competitors.
Is PSV Holdings' Days Payable too high?
PSV Holdings' current Days Payable is 74.41. The Industrial Products industry median Days Payable is 78.08. PSV Holdings' value of 74.41 is 4.7% below this industry median.
How does PSV Holdings' Days Payable compare to HON and MMM?
PSV Holdings' Days Payable of 74.41 can be compared against companies in the Industrial Products industry. The industry median Days Payable is 78.08. PSV Holdings' value of 74.41 is 4.7% below this benchmark. 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 Industrial Products company?
The median Days Payable among Industrial Products companies is 78.08, based on 2,991 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. PSV Holdings's current Days Payable of 74.41 is 4.7% 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 PSV Holdings and its competitors. For the Industrial Products industry, the median Days Payable is 78.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PSV Holdings's current Days Payable is 74.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PSV Holdings stock overvalued right now?
PSV Holdings (JSE:PSV) has a current Days Payable of 74.41. The current Days Payable is 74.41 and 4.7% below the Industrial Products industry median of 78.08. 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 PSV Holdings (JSE:PSV), the current Days Payable is 74.41 as of Aug. 2019. 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.

PSV Holdings Business Description

Address Corner of Serenade & North Reef Roads, Henville Ext. Elandsfontein Rail, Germiston, ZAF, 1429
PSV Holdings Ltd is an industrial engineering holding company. It is engaged in providing steel, stainless steel, industrial supplies, specialized control valves, engineering linings, cryogenic equipment and storage tankers and also provides technology to the mining, water, wastewater management, health care, infrastructure and manufacturing sectors in South Africa and Africa. The company operates in two segments namely Industrial Supplies that includes steel, piping, industrial tools and consumable supplies and others; and Specialized Services that includes comprehensive cryogenic and gas systems. It derives key revenue from the Industrial supplies segment. Geographically, the group has operations in South Africa and other countries.