Eveready East Africa (NAI:EVRD) Days Payable: 11,145.37 (As of Mar. 2024)

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NAI:EVRD Eveready East Africa PLC NAI:EVRD
6 GF Score
Price KES1.04
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What is Eveready East Africa Days Payable?

Eveready East Africa NAI:EVRD -0.95% 6 Days Payable is 11,145.37 as of Mar. 2024. GuruFocus rates NAI:EVRD with a GF Score™ of 6/100.

Eveready East Africa's average Accounts Payable for the six months ended in Mar. 2024 was KES84.89 Mil. Eveready East Africa's Cost of Goods Sold for the six months ended in Mar. 2024 was KES1.39 Mil. Hence, Eveready East Africa's Days Payable for the six months ended in Mar. 2024 was 11,145.37.

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

NAI:EVRD's Days Payable is not ranked *
in the Industrial Distribution industry.
Industry Median: 56.57
* Ranked among companies with meaningful Days Payable only.

Eveready East Africa's Days Payable increased from Mar. 2023 (2,363.48) to Mar. 2024 (11,145.37). It may suggest that Eveready East Africa delayed paying its suppliers.


Eveready East Africa Days Payable Historical Data

* Premium members only.

The historical data trend for Eveready East 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.

Eveready East Africa Days Payable Chart

Eveready East Africa Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 102.15 142.62 219.12 250.40 1,143.33

Eveready East Africa Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
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 503.79 442.87 2,363.48 1,522.38 11,145.37

NAI:EVRD vs GWW, FAST, FERG: Days Payable Comparison

For the Industrial Distribution subindustry, Eveready East 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.


Eveready East Africa Days Payable vs Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Eveready East Africa's Days Payable distribution charts can be found below:

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


NAI:EVRD
6GF Score
Eveready East Africa PLC NAI:EVRD
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Eveready East 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.

Eveready East Africa's Days Payable for the fiscal year that ended in Sep. 2023 is calculated as

Days Payable (A: Sep. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Sep. 2022 ) + Accounts Payable (A: Sep. 2023 )) / count ) / Cost of Goods Sold (A: Sep. 2023 )*Days in Period
=( (41.287 + 43.827) / 2 ) / 13.586*365
=42.557 / 13.586*365
=1,143.33

Eveready East Africa's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

Days Payable (Q: Mar. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2023 ) + Accounts Payable (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (43.827 + 125.949) / 2 ) / 1.39*365 / 2
=84.888 / 1.39*365 / 2
=11,145.37

* 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 11,145.37 mean?
Eveready East Africa (NAI:EVRD) has a Days Payable of 11,145.37 as of Mar. 2024. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Eveready East Africa and its competitors.
Is Eveready East Africa's Days Payable too high?
Eveready East Africa's current Days Payable is 11,145.37. The Industrial Distribution industry median Days Payable is 56.57. Eveready East Africa's value of 11,145.37 is 19601.9% above this industry median. Overall, Eveready East Africa has a GF Score™ of 6/100, reflecting its overall financial health beyond just this single metric.
How does Eveready East Africa's Days Payable compare to GWW and FAST?
Eveready East Africa's Days Payable of 11,145.37 can be compared against companies in the Industrial Distribution industry. The industry median Days Payable is 56.57. Eveready East Africa's value of 11,145.37 is 19601.9% above this benchmark. 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 Industrial Distribution company?
The median Days Payable among Industrial Distribution companies is 56.57, based on 155 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. Eveready East Africa's current Days Payable of 11,145.37 is 19601.9% 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 Eveready East Africa and its competitors. For the Industrial Distribution industry, the median Days Payable is 56.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Eveready East Africa's current Days Payable is 11,145.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eveready East Africa stock overvalued right now?
Eveready East Africa (NAI:EVRD) has a current Days Payable of 11,145.37. The current Days Payable is 11,145.37 and 19601.9% above the Industrial Distribution industry median of 56.57. Eveready East Africa's overall GF Score™ is 6/100. 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 Eveready East Africa (NAI:EVRD), the current Days Payable is 11,145.37 as of Mar. 2024. 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.

Eveready East Africa Business Description

Address Mombasa Road, P.O. Box 30429, Sameer Industrial Park, Nairobi, KEN, 00100
Eveready East Africa PLC is Kenya-based firm. The company is mainly engaged in the production, distribution, and sales of portable power solutions. Its product portfolio is divided into three categories namely, Automotive comprises of free car batteries, battery water, and battery acid; Fabric comprises of Clorox and cleaning products; and Household dry cell batteries. The company offers its products under the brand name, TURBO, EVERCLEAN.
6GF Score

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

KES1.04
Price