Mumias Sugar Co (NAI:MSC) Days Payable: 228.53 (As of Jun. 2018)


NAI:MSC Mumias Sugar Co Ltd NAI:MSC
6 GF Score
Price KES0.28
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What is Mumias Sugar Co Days Payable?

Mumias Sugar Co NAI:MSC 6 Days Payable is 228.53 as of Jun. 2018. GuruFocus rates NAI:MSC with a GF Score™ of 6/100.

Mumias Sugar Co's average Accounts Payable for the six months ended in Jun. 2018 was KES2,438 Mil. Mumias Sugar Co's Cost of Goods Sold for the six months ended in Jun. 2018 was KES3,894 Mil. Hence, Mumias Sugar Co's Days Payable for the six months ended in Jun. 2018 was 114.27.

The historical rank and industry rank for Mumias Sugar Co's Days Payable or its related term are showing as below:

NAI:MSC's Days Payable is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 44.14
* Ranked among companies with meaningful Days Payable only.

Mumias Sugar Co's Days Payable increased from Jun. 2016 (222.36) to Jun. 2018 (228.53). It may suggest that Mumias Sugar Co delayed paying its suppliers.

Mumias Sugar Co Days Payable Historical Data

* Premium members only.

The historical data trend for Mumias Sugar Co'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.

Mumias Sugar Co Days Payable Chart

Mumias Sugar Co Annual Data
Trend Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 88.04 245.28 222.36 158.83 228.53

Mumias Sugar Co Semi-Annual Data
Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only 88.04 245.28 222.36 158.83 228.53

Mumias Sugar Co Days Payable Competitor Comparison

For the Confectioners subindustry, Mumias Sugar Co'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.

Mumias Sugar Co Days Payable vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Mumias Sugar Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Mumias Sugar Co's Days Payable falls into.


NAI:MSC
6GF Score
Mumias Sugar Co Ltd NAI:MSC
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Mumias Sugar Co 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.

Mumias Sugar Co's Days Payable for the fiscal year that ended in Jun. 2018 is calculated as

Days Payable (A: Jun. 2018 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jun. 2017 ) + Accounts Payable (A: Jun. 2018 )) / count ) / Cost of Goods Sold (A: Jun. 2018 )*Days in Period
=( (2419.474 + 2456.658) / 2 ) / 3893.965*365
=2438.066 / 3893.965*365
=228.53

Mumias Sugar Co's Days Payable for the quarter that ended in Jun. 2018 is calculated as:

Days Payable (Q: Jun. 2018 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2017 ) + Accounts Payable (Q: Jun. 2018 )) / count ) / Cost of Goods Sold (Q: Jun. 2018 )*Days in Period
=( (2419.474 + 2456.658) / 2 ) / 3893.965*365 / 2
=2438.066 / 3893.965*365 / 2
=114.27

* 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 228.53 mean?
Mumias Sugar Co (NAI:MSC) has a Days Payable of 228.53 as of Jun. 2018. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Mumias Sugar Co and its competitors.
Is Mumias Sugar Co's Days Payable too high?
Mumias Sugar Co's current Days Payable is 228.53. The Consumer Packaged Goods industry median Days Payable is 44.14. Mumias Sugar Co's value of 228.53 is 417.7% above this industry median. Overall, Mumias Sugar Co has a GF Score™ of 6/100, reflecting its overall financial health beyond just this single metric.
How does Mumias Sugar Co's Days Payable compare to competitors?
Mumias Sugar Co's Days Payable of 228.53 can be compared against companies in the Consumer Packaged Goods industry. The industry median Days Payable is 44.14. Mumias Sugar Co's value of 228.53 is 417.7% 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 a Consumer Packaged Goods company?
The median Days Payable among Consumer Packaged Goods companies is 44.14, based on 1,881 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. Mumias Sugar Co's current Days Payable of 228.53 is 417.7% 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 Mumias Sugar Co and its competitors. For the Consumer Packaged Goods industry, the median Days Payable is 44.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mumias Sugar Co's current Days Payable is 228.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mumias Sugar Co stock overvalued right now?
Mumias Sugar Co (NAI:MSC) has a current Days Payable of 228.53. The current Days Payable is 228.53 and 417.7% above the Consumer Packaged Goods industry median of 44.14. Mumias Sugar Co'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 Mumias Sugar Co (NAI:MSC), the current Days Payable is 228.53 as of Jun. 2018. 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.

Mumias Sugar Co Business Description

Address Kakamega-Bungoma Road, P. O Box Private Bag, Kakamega County, Mumias, KEN
Mumias Sugar Co Ltd is engaged in the production and sale of sugar, ethanol, water. The company is also engaged in the generation and sale of electricity, and also sells bottled drinking water. Its segments include Sugar; Energy; Ethanol and Water in which Sugar segment generates most of the revenue.
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KES0.28
Price