East African Portland Cement (NAI:PORT) Days Payable: 258.90 (As of Jun. 2024)

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NAI:PORT East African Portland Cement NAI:PORT
19 GF Score
Price KES109.00
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What is East African Portland Cement Days Payable?

East African Portland Cement NAI:PORT +0.46% 19 Days Payable is 258.90 as of Jun. 2024. GuruFocus rates NAI:PORT with a GF Score™ of 19/100.

East African Portland Cement's average Accounts Payable for the six months ended in Jun. 2024 was KES2,877 Mil. East African Portland Cement's Cost of Goods Sold for the six months ended in Jun. 2024 was KES4,057 Mil. Hence, East African Portland Cement's Days Payable for the six months ended in Jun. 2024 was 129.45.

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

NAI:PORT's Days Payable is not ranked *
in the Building Materials industry.
Industry Median: 69.16
* Ranked among companies with meaningful Days Payable only.

East African Portland Cement's Days Payable declined from Jun. 2022 (357.58) to Jun. 2024 (258.90). It may suggest that East African Portland Cement accelerated paying its suppliers.


East African Portland Cement Days Payable Historical Data

* Premium members only.

The historical data trend for East African Portland Cement'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.

East African Portland Cement Days Payable Chart

East African Portland Cement Annual Data
Trend Jun11 Jun12 Jun15 Jun16 Jun17 Jun18 Jun22 Jun23 Jun24
Days Payable
Get a 7-Day Free Trial Premium Member Only 139.45 189.51 357.58 237.89 258.90

East African Portland Cement Semi-Annual Data
Jun11 Jun12 Jun15 Jun16 Jun17 Jun18 Jun22 Jun23 Jun24
Days Payable Get a 7-Day Free Trial Premium Member Only 139.45 189.51 357.58 237.89 258.90

NAI:PORT vs CRH, MLM, VMC: Days Payable Comparison

For the Building Materials subindustry, East African Portland Cement'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.


East African Portland Cement Days Payable vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, East African Portland Cement's Days Payable distribution charts can be found below:

* The bar in red indicates where East African Portland Cement's Days Payable falls into.


NAI:PORT
19GF Score
East African Portland Cement NAI:PORT
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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East African Portland Cement 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.

East African Portland Cement's Days Payable for the fiscal year that ended in Jun. 2024 is calculated as

Days Payable (A: Jun. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jun. 2023 ) + Accounts Payable (A: Jun. 2024 )) / count ) / Cost of Goods Sold (A: Jun. 2024 )*Days in Period
=( (2665.661 + 3089.037) / 2 ) / 4056.504*365
=2877.349 / 4056.504*365
=258.90

East African Portland Cement's Days Payable for the quarter that ended in Jun. 2024 is calculated as:

Days Payable (Q: Jun. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2023 ) + Accounts Payable (Q: Jun. 2024 )) / count ) / Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=( (2665.661 + 3089.037) / 2 ) / 4056.504*365 / 2
=2877.349 / 4056.504*365 / 2
=129.45

* 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 258.90 mean?
East African Portland Cement (NAI:PORT) has a Days Payable of 258.90 as of Jun. 2024. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on East African Portland Cement and its competitors.
Is East African Portland Cement's Days Payable too high?
East African Portland Cement's current Days Payable is 258.90. The Building Materials industry median Days Payable is 69.16. East African Portland Cement's value of 258.90 is 274.3% above this industry median. Overall, East African Portland Cement has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does East African Portland Cement's Days Payable compare to CRH and MLM?
East African Portland Cement's Days Payable of 258.90 can be compared against companies in the Building Materials industry. The industry median Days Payable is 69.16. East African Portland Cement's value of 258.90 is 274.3% 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 Building Materials company?
The median Days Payable among Building Materials companies is 69.16, based on 394 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. East African Portland Cement's current Days Payable of 258.90 is 274.3% 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 East African Portland Cement and its competitors. For the Building Materials industry, the median Days Payable is 69.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. East African Portland Cement's current Days Payable is 258.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is East African Portland Cement stock overvalued right now?
East African Portland Cement (NAI:PORT) has a current Days Payable of 258.90. The current Days Payable is 258.90 and 274.3% above the Building Materials industry median of 69.16. East African Portland Cement's overall GF Score™ is 19/100. 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 East African Portland Cement (NAI:PORT), the current Days Payable is 258.90 as of Jun. 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.

East African Portland Cement Business Description

Address Namanga Road, Off Mombasa Road, P. O. Box 40101 - 00100, L R 337/113/1, Nairobi, KEN
East African Portland Cement is a Kenya based company engaged in the manufacturing of cement. The company serves many key areas, including housing, education, health, tourism, transport, and communication. Geographically, it operates through the region of the local market of Kenya and the regional market of East Africa, of which the local market of Kenya generates a majority of revenue. Its product portfolio includes PPC, Ordinary Portland Cement (OPC), and Paving Blocks.
19GF Score

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

KES109.00
Price