Salungano Group (JSE:SLG) Days Payable: 38.37 (As of Sep. 2025) — 37% Below Median


JSE:SLG Salungano Group Ltd JSE:SLG
26 GF Score
Price R0.88
GF Value R0.62
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Salungano Group Days Payable?

Salungano Group JSE:SLG -12.00% 26 Days Payable is 38.37 as of Sep. 2025, which is 37% below its 10-year median of 61.37. GuruFocus rates JSE:SLG with a GF Score™ of 26/100 and a GF Value™ of R0.62 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 128 Other Energy Sources companies, Salungano Group ranks worse than 67.97% on this metric.

Salungano Group's average Accounts Payable for the six months ended in Sep. 2025 was R549 Mil. Salungano Group's Cost of Goods Sold for the six months ended in Sep. 2025 was R2,609 Mil. Hence, Salungano Group's Days Payable for the six months ended in Sep. 2025 was 38.37.

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

JSE:SLG' s Days Payable Range Over the Past 10 Years
Min: 40.01   Med: 61.37   Max: 104.73
Current: 48.04

During the past 13 years, Salungano Group's highest Days Payable was 104.73. The lowest was 40.01. And the median was 61.37.

JSE:SLG's Days Payable is ranked worse than
67.97% of 128 companies
in the Other Energy Sources industry
Industry Median: 66.315 vs JSE:SLG: 48.04

Salungano Group's Days Payable declined from Sep. 2024 (79.02) to Sep. 2025 (38.37). It may suggest that Salungano Group accelerated paying its suppliers.


Salungano Group Days Payable Historical Data

* Premium members only.

The historical data trend for Salungano Group'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.

Salungano Group Days Payable Chart

Salungano Group 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 61.71 62.05 79.99 104.73 63.30

Salungano Group 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 118.73 83.41 79.02 55.90 38.37

JSE:SLG vs CNR: Days Payable Comparison

For the Thermal Coal subindustry, Salungano Group'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.


Salungano Group Days Payable vs Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Salungano Group's Days Payable distribution charts can be found below:

* The bar in red indicates where Salungano Group's Days Payable falls into.


JSE:SLG
26GF Score
Salungano Group Ltd JSE:SLG
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Salungano Group 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.

Salungano Group'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
=( (858.087 + 528.528) / 2 ) / 3997.662*365
=693.3075 / 3997.662*365
=63.30

Salungano Group'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
=( (528.528 + 568.686) / 2 ) / 2609.121*365 / 2
=548.607 / 2609.121*365 / 2
=38.37

* 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 38.37 mean?
Salungano Group (JSE:SLG) has a Days Payable of 38.37 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 Salungano Group and its competitors. This is 37% below median its historical median of 61.37. Over the past decade, Salungano Group's Days Payable has ranged from 40.01 to 104.73. According to the industry distribution chart, Salungano Group ranks #87 out of 128 companies in the Other Energy Sources industry, placing it in the top 68%.
Is Salungano Group's Days Payable too high?
Salungano Group's current Days Payable of 38.37 is 37% below median its 10-year median of 61.37. Over the past 10 years, this metric has ranged from a low of 40.01 to a high of 104.73. The Other Energy Sources industry median Days Payable is 66.32. Salungano Group's value of 38.37 is 42.1% below this industry median. Based on the distribution chart, Salungano Group ranks #87 out of 128 companies in the Other Energy Sources industry, which is below the industry midpoint. Overall, Salungano Group has a GF Score™ of 26/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Salungano Group's Days Payable compare to CNR?
According to the Other Energy Sources industry distribution chart, Salungano Group ranks #87 out of 128 companies for Days Payable. This places Salungano Group in the lower half of its industry. The industry median Days Payable is 66.32. Salungano Group's value of 38.37 is 42.1% below this benchmark. Historically, Salungano Group's own Days Payable has ranged from 40.01 to 104.73 over the past decade. While the company's 10-year median is 61.37 vs. the industry median of 66.32, Salungano Group 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 Other Energy Sources company?
The median Days Payable among Other Energy Sources companies is 66.32, based on 128 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. Salungano Group's current Days Payable of 38.37 is 42.1% 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 Salungano Group and its competitors. For the Other Energy Sources industry, the median Days Payable is 66.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Salungano Group's current Days Payable is 38.37, which is 37% below median its own 10-year median of 61.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Salungano Group stock overvalued right now?
Based on GuruFocus' analysis, Salungano Group (JSE:SLG) is currently considered Significantly Overvalued. The stock's GF Value™ is R0.62, compared to a current price of R0.88 — trading 41.9% above its estimated fair value. The current Days Payable is 38.37, which is 37% below median its 10-year median of 61.37 and 42.1% below the Other Energy Sources industry median of 66.32. Salungano Group's overall GF Score™ is 26/100 with 7 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 Salungano Group (JSE:SLG), the current Days Payable is 38.37 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 Salungano Group (JSE:SLG) Overvalued in 2026?

Based on GuruFocus' analysis, Salungano Group stock appears to be overvalued. The current stock price of R0.88 is trading 41.9% above its estimated GF Value™ of R0.62. GuruFocus considers Salungano Group to be Significantly Overvalued.

Key valuation signals for JSE:SLG:

  • Days Payable: 38.37 (37% below median its 10-year median of 61.37)
  • GF Value™: R0.62 vs. price of R0.88 (41.9% above fair value)
  • GF Score™: 26/100 with 7 warning signs
  • Industry Position: 42.1% below the Other Energy Sources median (#87 of 128)

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


Salungano Group Business Description

Address 142 Western Service Road, First Floor, Building 10, Woodmead Business Park, Woodmead, Sandton, Johannesburg, GT, ZAF, 2191
Salungano Group Ltd is a South African firm mainly engaged in the mining, processing, sale, and distribution of thermal coal. Along with its subsidiaries, it operates in the following reportable segments: Mining, Trading, Property rental and other, and Investment holding. The majority of its revenue is generated from the Mining segment, which is involved in the exploration, beneficiation, and mining of bituminous coal. The mining operations of the Group are carried out at Elandspruit, Khanyisa, Vanggatfontein, Arnot, and Moabsvelden mining complexes. The Trading segment buys and sells coal to inland customers, and the property rental segment rents property to other segments within the group.
26GF Score

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

R0.88
Price
R0.62
GF Value