Sameer Africa (NAI:SMER) Days Payable : 345.90 (As of Jun. 2023)

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What is Sameer Africa Days Payable?

Sameer Africa's average Accounts Payable for the six months ended in Jun. 2023 was KES50.5 Mil. Sameer Africa's Cost of Goods Sold for the six months ended in Jun. 2023 was KES26.6 Mil. Hence, Sameer Africa's Days Payable for the six months ended in Jun. 2023 was 345.90.

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

NAI:SMER' s Days Payable Range Over the Past 10 Years
Min: 24.91 Med: 71.48 Max: 114.37
Current: 114.37

During the past 12 years, Sameer Africa's highest Days Payable was 114.37. The lowest was 24.91. And the median was 71.48.

NAI:SMER's Days Payable is ranked better than
77.58% of 1258 companies
in the Vehicles & Parts industry
Industry Median: 66.48 vs NAI:SMER: 114.37

Sameer Africa's Days Payable increased from Jun. 2022 (82.46) to Jun. 2023 (345.90). It may suggest that Sameer Africa delayed paying its suppliers.

Sameer Africa Days Payable Historical Data

The historical data trend for Sameer 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.

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Sameer Africa Days Payable Chart

Sameer Africa Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

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67.76

58.73

94.29

96.82

75.20

Sameer Africa Semi-Annual Data
	Dec11	Dec12	Dec13	Jun14	Dec14	Jun15	Dec15	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Days Payable	Get a 7-Day Free Trial															154.00	76.49	82.46	69.21	345.90

Competitive Comparison of Sameer Africa's Days Payable

For the Auto Parts subindustry, Sameer 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.

Sameer Africa's Days Payable Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Sameer Africa's Days Payable distribution charts can be found below:

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

Sameer 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.

Sameer Africa's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (49.633	+	50.485)	/	2 )	/	242.974	*	365
=	50.059					/	242.974	*	365
=	75.20

Sameer Africa's Days Payable for the quarter that ended in Jun. 2023 is calculated as:

	Days Payable (Q: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2022 )	+	Accounts Payable (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (50.485	+	0)	/	1 )	/	26.636	*	365 / 2
=	50.485					/	26.636	*	365 / 2
=	345.90

Sameer Africa Days Payable Related Terms

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Sameer Africa (NAI:SMER) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Sameer Africa Ltd (NAI:SMER) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Mombasa Road Junction, PO Box 30429, LR No. 12081/9, Nairobi, KEN, 00100

Website

https://www.sameerafrica.com

Sameer Africa Ltd engages in the manufacturing and distribution of tyres and allied products and the letting of investment property. The company operates through four business segments: sourcing and distribution, regional operations, Yana tyre centre, and rental business where the sourcing and distribution segment is engaged in the manufacturing and distribution of tires, tubes, and flaps, the regional operations segment engages in the buying and distribution of tires, tubes, and flaps in the Eastern Africa region, Yana tyre center segment is involved in the retailing of tires, tubes, and flaps, and the provision of tire-related services and the rental business segment is engaged in the letting of investment properties.

Sameer Africa (NAI:SMER) Headlines

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