Tsogo Sun (JSE:TSG) Days Payable: 91.39 (As of Mar. 2026) — 375% Above Median


JSE:TSG Tsogo Sun Ltd JSE:TSG
83 GF Score
Price R7.90
GF Value R10.61
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Tsogo Sun Days Payable?

Tsogo Sun JSE:TSG 83 Days Payable is 91.39 as of Mar. 2026, which is 375% above its 10-year median of 19.22. GuruFocus rates JSE:TSG with a GF Score™ of 83/100 and a GF Value™ of R10.61 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 778 Travel & Leisure companies, Tsogo Sun ranks better than 54.5% on this metric.

Tsogo Sun's average Accounts Payable for the six months ended in Mar. 2026 was R977 Mil. Tsogo Sun's Cost of Goods Sold for the six months ended in Mar. 2026 was R1,950 Mil. Hence, Tsogo Sun's Days Payable for the six months ended in Mar. 2026 was 91.39.

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

JSE:TSG' s Days Payable Range Over the Past 10 Years
Min: 11.06   Med: 19.22   Max: 64.73
Current: 64.73

During the past 13 years, Tsogo Sun's highest Days Payable was 64.73. The lowest was 11.06. And the median was 19.22.

JSE:TSG's Days Payable is ranked better than
54.5% of 778 companies
in the Travel & Leisure industry
Industry Median: 56.525 vs JSE:TSG: 64.73

Tsogo Sun's Days Payable increased from Mar. 2025 (53.51) to Mar. 2026 (91.39). It may suggest that Tsogo Sun delayed paying its suppliers.


Tsogo Sun Days Payable Historical Data

* Premium members only.

The historical data trend for Tsogo Sun'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.

Tsogo Sun Days Payable Chart

Tsogo Sun Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.11 11.06 20.03 12.75 51.58

Tsogo Sun Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 295.75 50.79 53.51 51.69 91.39

JSE:TSG vs LVS, MGM, WYNN: Days Payable Comparison

For the Resorts & Casinos subindustry, Tsogo Sun'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.


Tsogo Sun Days Payable vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Tsogo Sun's Days Payable distribution charts can be found below:

* The bar in red indicates where Tsogo Sun's Days Payable falls into.


JSE:TSG
83GF Score
Tsogo Sun Ltd JSE:TSG
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Tsogo Sun 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.

Tsogo Sun's Days Payable for the fiscal year that ended in Mar. 2026 is calculated as

Days Payable (A: Mar. 2026 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2025 ) + Accounts Payable (A: Mar. 2026 )) / count ) / Cost of Goods Sold (A: Mar. 2026 )*Days in Period
=( (146 + 969) / 2 ) / 3945*365
=557.5 / 3945*365
=51.58

Tsogo Sun's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (984 + 969) / 2 ) / 1950*365 / 2
=976.5 / 1950*365 / 2
=91.39

* 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 91.39 mean?
Tsogo Sun (JSE:TSG) has a Days Payable of 91.39 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Tsogo Sun and its competitors. This is 375% above median its historical median of 19.22. Over the past decade, Tsogo Sun's Days Payable has ranged from 11.06 to 64.73. According to the industry distribution chart, Tsogo Sun ranks #354 out of 778 companies in the Travel & Leisure industry, placing it in the top 45.5%.
Is Tsogo Sun's Days Payable too high?
Tsogo Sun's current Days Payable of 91.39 is 375% above median its 10-year median of 19.22. Over the past 10 years, this metric has ranged from a low of 11.06 to a high of 64.73. The Travel & Leisure industry median Days Payable is 56.53. Tsogo Sun's value of 91.39 is 61.7% above this industry median. Based on the distribution chart, Tsogo Sun ranks #354 out of 778 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, Tsogo Sun has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tsogo Sun's Days Payable compare to LVS and MGM?
According to the Travel & Leisure industry distribution chart, Tsogo Sun ranks #354 out of 778 companies for Days Payable. This puts Tsogo Sun in the upper half of its industry. The industry median Days Payable is 56.53. Tsogo Sun's value of 91.39 is 61.7% above this benchmark. Historically, Tsogo Sun's own Days Payable has ranged from 11.06 to 64.73 over the past decade. While the company's 10-year median is 19.22 vs. the industry median of 56.53, Tsogo Sun has consistently been above 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 a Travel & Leisure company?
The median Days Payable among Travel & Leisure companies is 56.53, based on 778 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. Tsogo Sun's current Days Payable of 91.39 is 61.7% above 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 Tsogo Sun and its competitors. For the Travel & Leisure industry, the median Days Payable is 56.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tsogo Sun's current Days Payable is 91.39, which is 375% above median its own 10-year median of 19.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tsogo Sun stock overvalued right now?
Based on GuruFocus' analysis, Tsogo Sun (JSE:TSG) is currently considered Modestly Undervalued. The stock's GF Value™ is R10.61, compared to a current price of R7.90 — trading 25.5% below its estimated fair value. The current Days Payable is 91.39, which is 375% above median its 10-year median of 19.22 and 61.7% above the Travel & Leisure industry median of 56.53. Tsogo Sun's overall GF Score™ is 83/100 with 4 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 Tsogo Sun (JSE:TSG), the current Days Payable is 91.39 as of Mar. 2026. 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 Tsogo Sun (JSE:TSG) Overvalued in 2026?

Based on GuruFocus' analysis, Tsogo Sun stock appears to be undervalued. The current stock price of R7.90 is trading 25.5% below its estimated GF Value™ of R10.61. GuruFocus considers Tsogo Sun to be Modestly Undervalued.

Key valuation signals for JSE:TSG:

  • Days Payable: 91.39 (375% above median its 10-year median of 19.22)
  • GF Value™: R10.61 vs. price of R7.90 (25.5% below fair value)
  • GF Score™: 83/100 with 4 warning signs
  • Industry Position: 61.7% above the Travel & Leisure median (#354 of 778)

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


Tsogo Sun Business Description

Other Exchanges G5E:Germany
Address Montecasino Boulevard, Palazzo Towers East, Fourways, Johannesburg, GT, ZAF, 2055
Tsogo Sun Ltd is engaged principally in the gaming, entertainment, and hospitality industry operating in South Africa. It owns and operates casino and entertainment destinations in South Africa, hotels, Galaxy Bingo sites, VSlots limited payout machines, playTSOGO, Bet.co.za, a Theme Park, theatres, cinemas, restaurants, bars, and conference facilities. The company's operating segments are; Casinos, LPMs, Other gaming and betting, and Corporate. Maximum revenue for the company is derived from its Casinos segment.
83GF Score

Get the complete analysis for JSE:TSG

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

R7.90
Price
R10.61
GF Value