African Potash (LSE:AFPO) Days Payable: 0.00 (As of Jun. 2016)

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What is African Potash Days Payable?

African Potash LSE:AFPO +20.00% Days Payable is 0.00 as of Jun. 2016. The stock has 3 warning signs investors should review.

African Potash's average Accounts Payable for the six months ended in Jun. 2016 was £0.24 Mil. African Potash's Cost of Goods Sold for the six months ended in Jun. 2016 was £-0.00 Mil.

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

LSE:AFPO' s Days Payable Range Over the Past 10 Years
Min: 2   Med: 2778.98   Max: 2778.98
Current: 2

During the past 5 years, African Potash's highest Days Payable was 2778.98. The lowest was 2.00. And the median was 2778.98.

LSE:AFPO's Days Payable is not ranked
in the Agriculture industry.
Industry Median: 72.56 vs LSE:AFPO: 2.00

African Potash's Days Payable stayed the same from Jun. 2015 (0.00) to Jun. 2016 (0.00).

African Potash Days Payable Historical Data

* Premium members only.

The historical data trend for African Potash'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.

African Potash Days Payable Chart

African Potash Annual Data
Trend Jun12 Jun13 Jun14 Jun15 Jun16
Days Payable
0.00 0.00 0.00 0.00 2,089.92

African Potash Semi-Annual Data
Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16
Days Payable Get a 7-Day Free Trial Premium Member Only 0.00 0.00 0.00 723.92 0.00

LSE:AFPO vs RKDA, VEGL, CGA: Days Payable Comparison

For the Agricultural Inputs subindustry, African Potash'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.

African Potash Days Payable vs Agriculture Industry

For the Agriculture industry and Basic Materials sector, African Potash's Days Payable distribution charts can be found below:

* The bar in red indicates where African Potash's Days Payable falls into.


African Potash 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.

African Potash's Days Payable for the fiscal year that ended in Jun. 2016 is calculated as

Days Payable (A: Jun. 2016 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jun. 2015 ) + Accounts Payable (A: Jun. 2016 )) / count ) / Cost of Goods Sold (A: Jun. 2016 )*Days in Period
=( (0.119 + 0.236) / 2 ) / 0.031*365
=0.1775 / 0.031*365
=2,089.92

African Potash's Days Payable for the quarter that ended in Jun. 2016 is calculated as:

Days Payable (Q: Jun. 2016 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2015 ) + Accounts Payable (Q: Jun. 2016 )) / count ) / Cost of Goods Sold (Q: Jun. 2016 )*Days in Period
=( (0 + 0.236) / 1 ) / -0.001*365 / 2
=0.236 / -0.001*365 / 2
=N/A

* 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 0.00 mean?
African Potash (LSE:AFPO) has a Days Payable of 0.00 as of Jun. 2016. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on African Potash and its competitors. Over the past decade, African Potash's Days Payable has ranged from 2.00 to 2,778.98.
Is African Potash's Days Payable too high?
African Potash's current Days Payable is 0.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 2,778.98.
How does African Potash's Days Payable compare to RKDA and VEGL?
African Potash's Days Payable of 0.00 can be compared against companies in the Agriculture industry. The industry median Days Payable is 72.56. Historically, African Potash's own Days Payable has ranged from 2.00 to 2,778.98 over the past decade. 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 Agriculture company?
The median Days Payable among Agriculture companies is 72.56, based on 245 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. 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 African Potash and its competitors. For the Agriculture industry, the median Days Payable is 72.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. African Potash's current Days Payable is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is African Potash stock overvalued right now?
African Potash (LSE:AFPO) has a current Days Payable of 0.00. The current Days Payable is 0.00. 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 African Potash (LSE:AFPO), the current Days Payable is 0.00 as of Jun. 2016. 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.

African Potash Business Description

Address Richmond House, St Julian's Avenue, St Peter Port, GGY, GY1 1GZ
Block Commodities Ltd is focused on building a platform for the mining, production, and distribution of fertilizer. The business operates through various segments that are Trading, which trades fertilizer; and Exploration, which explores potash properties. The company operates in one geographical segment that is Africa. It has one project namely the Lac Dinga project.