Airtel Africa (MEX:AAFN) Days Payable: 116.70 (As of Mar. 2026) — Near Median


MEX:AAFN Airtel Africa PLC MEX:AAFN
39 GF Score
Price MXN86.92
! 3 Warning Signs
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What is Airtel Africa Days Payable?

Airtel Africa MEX:AAFN 39 Days Payable is 116.70 as of Mar. 2026, which is 1% above its 10-year median of 115.07. GuruFocus rates MEX:AAFN with a GF Score™ of 39/100. The stock has 3 warning signs investors should review. Among 342 Telecommunication Services companies, Airtel Africa ranks better than 54.39% on this metric.

Airtel Africa's average Accounts Payable for the three months ended in Mar. 2026 was MXN10,632 Mil. Airtel Africa's Cost of Goods Sold for the three months ended in Mar. 2026 was MXN8,313 Mil. Hence, Airtel Africa's Days Payable for the three months ended in Mar. 2026 was 116.70.

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

MEX:AAFN' s Days Payable Range Over the Past 10 Years
Min: 80.18   Med: 115.07   Max: 260.83
Current: 115.66

During the past 10 years, Airtel Africa's highest Days Payable was 260.83. The lowest was 80.18. And the median was 115.07.

MEX:AAFN's Days Payable is ranked better than
54.39% of 342 companies
in the Telecommunication Services industry
Industry Median: 106.335 vs MEX:AAFN: 115.66

Airtel Africa's Days Payable increased from Mar. 2025 (106.05) to Mar. 2026 (116.70). It may suggest that Airtel Africa delayed paying its suppliers.


Airtel Africa Days Payable Historical Data

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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.

Airtel Africa Days Payable Chart

Airtel Africa 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 83.17 98.57 113.34 102.50 122.11

Airtel Africa Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 106.05 116.99 114.11 117.85 116.70

MEX:AAFN vs TMUS, VZ, T: Days Payable Comparison

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 Days Payable vs 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.


MEX:AAFN
39GF Score
Airtel Africa PLC MEX:AAFN
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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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. 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
=( (9922.227 + 11036.012) / 2 ) / 31322.8*365
=10479.1195 / 31322.8*365
=122.11

Airtel Africa'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: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (10227.238 + 11036.012) / 2 ) / 8313.075*365 / 4
=10631.625 / 8313.075*365 / 4
=116.70

* 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 116.70 mean?
Airtel Africa (MEX:AAFN) has a Days Payable of 116.70 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 Airtel Africa and its competitors. This is near median its historical median of 115.07. Over the past decade, Airtel Africa's Days Payable has ranged from 80.18 to 260.83. According to the industry distribution chart, Airtel Africa ranks #156 out of 342 companies in the Telecommunication Services industry, placing it in the top 45.6%.
Is Airtel Africa's Days Payable too high?
Airtel Africa's current Days Payable of 116.70 is near median its 10-year median of 115.07. Over the past 10 years, this metric has ranged from a low of 80.18 to a high of 260.83. The Telecommunication Services industry median Days Payable is 106.34. Airtel Africa's value of 116.70 is 9.7% above this industry median. Based on the distribution chart, Airtel Africa ranks #156 out of 342 companies in the Telecommunication Services industry, which is above the industry midpoint. Overall, Airtel Africa has a GF Score™ of 39/100, reflecting its overall financial health beyond just this single metric.
How does Airtel Africa's Days Payable compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Airtel Africa ranks #156 out of 342 companies for Days Payable. This puts Airtel Africa in the upper half of its industry. The industry median Days Payable is 106.34. Airtel Africa's value of 116.70 is 9.7% above this benchmark. Historically, Airtel Africa's own Days Payable has ranged from 80.18 to 260.83 over the past decade. While the company's 10-year median is 115.07 vs. the industry median of 106.34, Airtel Africa 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 Telecommunication Services company?
The median Days Payable among Telecommunication Services companies is 106.34, based on 342 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. Airtel Africa's current Days Payable of 116.70 is 9.7% 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 Airtel Africa and its competitors. For the Telecommunication Services industry, the median Days Payable is 106.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Airtel Africa's current Days Payable is 116.70, which is near median its own 10-year median of 115.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Airtel Africa stock overvalued right now?
Airtel Africa (MEX:AAFN) has a current Days Payable of 116.70. The current Days Payable is 116.70, which is near median its 10-year median of 115.07 and 9.7% above the Telecommunication Services industry median of 106.34. Airtel Africa's overall GF Score™ is 39/100 with 3 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 Airtel Africa (MEX:AAFN), the current Days Payable is 116.70 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.

Airtel Africa Business Description

Address 15 Davies Street, London, GBR, W1K 3DE
Airtel Africa PLC is a telecoms and financial services provider transforming lives across the continent through increased digital and financial inclusion. The principal activities of the Group mainly consist of the provision of telecommunications and mobile money services. Its services include Voice, Data, Mobile money, Enterprise, and Data centers. The Group's operating segments are Nigeria mobile services, East Africa mobile services, Francophone Africa mobile services, and Mobile money. It generates maximum revenue from East Africa mobile services, comprising mobile service operations in Uganda, Kenya, Zambia, Tanzania, Malawi, and Rwanda.
39GF Score

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