GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Airtel Africa PLC (MEX:AAF) » Definitions » Days Payable

Airtel Africa (MEX:AAF) Days Payable : 104.20 (As of Sep. 2024)


View and export this data going back to 2023. Start your Free Trial

What is Airtel Africa Days Payable?

Airtel Africa's average Accounts Payable for the three months ended in Sep. 2024 was MXN8,050 Mil. Airtel Africa's Cost of Goods Sold for the three months ended in Sep. 2024 was MXN7,049 Mil. Hence, Airtel Africa's Days Payable for the three months ended in Sep. 2024 was 104.20.

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

MEX:AAF' s Days Payable Range Over the Past 10 Years
Min: 80.18   Med: 114.71   Max: 260.83
Current: 109.59

During the past 8 years, Airtel Africa's highest Days Payable was 260.83. The lowest was 80.18. And the median was 114.71.

MEX:AAF's Days Payable is ranked better than
51.16% of 346 companies
in the Telecommunication Services industry
Industry Median: 107.52 vs MEX:AAF: 109.59

Airtel Africa's Days Payable declined from Sep. 2023 (105.53) to Sep. 2024 (104.20). It may suggest that Airtel Africa accelerated paying its suppliers.


Airtel Africa Days Payable Historical Data

The historical data trend for Airtel Africa'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.

Airtel Africa Days Payable Chart

Airtel Africa Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Payable
Get a 7-Day Free Trial 111.02 107.24 83.17 98.57 113.34

Airtel Africa Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 105.53 106.56 116.60 103.66 104.20

Competitive Comparison of Airtel Africa's Days Payable

For the Telecom Services subindustry, Airtel Africa'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.


Airtel Africa's Days Payable Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Airtel Africa's Days Payable distribution charts can be found below:

* The bar in red indicates where Airtel Africa's Days Payable falls into.



Airtel Africa 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.

Airtel Africa's Days Payable for the fiscal year that ended in Mar. 2024 is calculated as

Days Payable (A: Mar. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2023 ) + Accounts Payable (A: Mar. 2024 )) / count ) / Cost of Goods Sold (A: Mar. 2024 )*Days in Period
=( (8291.5 + 7003.62) / 2 ) / 24628.843*365
=7647.56 / 24628.843*365
=113.34

Airtel Africa's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

Days Payable (Q: Sep. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2024 ) + Accounts Payable (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (7731.083 + 8368.378) / 2 ) / 7049.127*365 / 4
=8049.7305 / 7049.127*365 / 4
=104.20

* 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.


Airtel Africa Days Payable Related Terms

Thank you for viewing the detailed overview of Airtel Africa's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.


Airtel Africa Business Description

Comparable Companies
Address
53/54 Grosvenor Street, First Floor, London, GBR, W1K 3HU
Airtel Africa PLC is engaged in providing affordable and inventive mobile services. The principal activities of the company primarily consist of the provision of telecommunications and mobile money services. The company's segment includes Nigeria mobile services; East Africa mobile services; Francophone Africa mobile services; Mobile money and others. It generates maximum revenue from the Nigeria mobile services segment. Nigeria's mobile services segment comprises mobile service operations in Nigeria.

Airtel Africa Headlines

No Headlines