Car & General (K) (NAI:CGEN) Days Payable : 51.56 (As of Sep. 2022)

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What is Car & General (K) Days Payable?

Car & General (K)'s average Accounts Payable for the six months ended in Sep. 2022 was KES2,316 Mil. Car & General (K)'s Cost of Goods Sold for the six months ended in Sep. 2022 was KES16,393 Mil. Hence, Car & General (K)'s Days Payable for the six months ended in Sep. 2022 was 25.78.

The historical rank and industry rank for Car & General (K)'s Days Payable or its related term are showing as below:

NAI:CGEN's Days Payable is not ranked ^*
in the Industrial Products industry.
Industry Median: 75.59
* Ranked among companies with meaningful Days Payable only.

Car & General (K)'s Days Payable declined from Sep. 2020 (60.92) to Sep. 2022 (51.56). It may suggest that Car & General (K) accelerated paying its suppliers.

Car & General (K) Days Payable Historical Data

The historical data trend for Car & General (K)'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.

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Car & General (K) Days Payable Chart

Car & General (K) Annual Data

Trend

Sep13

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Days Payable

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50.36

53.01

60.92

44.40

51.56

Car & General (K) Semi-Annual Data
	Sep08	Sep09	Sep10	Sep11	Sep12	Sep13	Sep14	Sep15	Sep16	Sep17	Sep18	Sep19	Sep20	Sep21	Sep22
Days Payable	Get a 7-Day Free Trial										50.36	53.01	60.92	44.40	51.56

Competitive Comparison of Car & General (K)'s Days Payable

For the Specialty Industrial Machinery subindustry, Car & General (K)'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.

Car & General (K)'s Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Car & General (K)'s Days Payable distribution charts can be found below:

* The bar in red indicates where Car & General (K)'s Days Payable falls into.

Car & General (K) 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.

Car & General (K)'s Days Payable for the fiscal year that ended in Sep. 2022 is calculated as

	Days Payable (A: Sep. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Sep. 2021 )	+	Accounts Payable (A: Sep. 2022 ))	/	count )	/	Cost of Goods Sold (A: Sep. 2022 )	*	Days in Period
=	( (1588.137	+	3043.069)	/	2 )	/	16392.618	*	365
=	2315.603					/	16392.618	*	365
=	51.56

Car & General (K)'s Days Payable for the quarter that ended in Sep. 2022 is calculated as:

	Days Payable (Q: Sep. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2021 )	+	Accounts Payable (Q: Sep. 2022 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2022 )	*	Days in Period
=	( (1588.137	+	3043.069)	/	2 )	/	16392.618	*	365 / 2
=	2315.603					/	16392.618	*	365 / 2
=	25.78

Car & General (K) Days Payable Related Terms

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Car & General (K) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Car & General (K) Ltd (NAI:CGEN) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

New Cargen House, Lusaka Road, P.O. Box 20001, Nairobi, KEN, 00200

Website

https://www.cargen.com

Car & General (K) Ltd is a supplier of generators, motorbikes, tuk-tuks, laundry equipment, lawnmowers, scooters, marine engines, construction equipment and power generation, automotive and engineering products. The company's reportable segment includes Trade and workshop, Investment properties, Poultry and ICT Training, and Manufacturing. It generates a variety of its revenue from Trade and workshop Segments. Geographically, it derives a majority of its revenue from Kenya.