Dangote Sugar Refinery (NSA:DSRP) Days Payable: 23.98 (As of Dec. 2025) — 29% Below Median


NSA:DSRP Dangote Sugar Refinery PLC NSA:DSRP
70 GF Score
Price ₦64.65
GF Value ₦78.80
Valuation Modestly Undervalued
! 9 Warning Signs
View Full Analysis

What is Dangote Sugar Refinery Days Payable?

Dangote Sugar Refinery NSA:DSRP -4.93% 70 Days Payable is 23.98 as of Dec. 2025, which is 29% below its 10-year median of 33.57. GuruFocus rates NSA:DSRP with a GF Score™ of 70/100 and a GF Value™ of ₦78.80 (Modestly Undervalued). The stock has 9 warning signs investors should review. Among 1,882 Consumer Packaged Goods companies, Dangote Sugar Refinery ranks worse than 79.28% on this metric.

Dangote Sugar Refinery's average Accounts Payable for the six months ended in Dec. 2025 was ₦46,415 Mil. Dangote Sugar Refinery's Cost of Goods Sold for the six months ended in Dec. 2025 was ₦706,586 Mil. Hence, Dangote Sugar Refinery's Days Payable for the six months ended in Dec. 2025 was 11.99.

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

NSA:DSRP' s Days Payable Range Over the Past 10 Years
Min: 10.88   Med: 33.57   Max: 147.25
Current: 23.98

During the past 13 years, Dangote Sugar Refinery's highest Days Payable was 147.25. The lowest was 10.88. And the median was 33.57.

NSA:DSRP's Days Payable is ranked worse than
79.28% of 1882 companies
in the Consumer Packaged Goods industry
Industry Median: 44.145 vs NSA:DSRP: 23.98

Dangote Sugar Refinery's Days Payable increased from Dec. 2023 (10.88) to Dec. 2025 (23.98). It may suggest that Dangote Sugar Refinery delayed paying its suppliers.


Dangote Sugar Refinery Days Payable Historical Data

* Premium members only.

The historical data trend for Dangote Sugar Refinery'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.

Dangote Sugar Refinery Days Payable Chart

Dangote Sugar Refinery Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.73 11.38 10.88 18.97 23.98

Dangote Sugar Refinery Semi-Annual Data
Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
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 13.73 11.38 10.88 18.97 23.98

NSA:DSRP vs MDLZ, HSY, TR: Days Payable Comparison

For the Confectioners subindustry, Dangote Sugar Refinery'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.


Dangote Sugar Refinery Days Payable vs Consumer Packaged Goods Industry

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

* The bar in red indicates where Dangote Sugar Refinery's Days Payable falls into.


NSA:DSRP
70GF Score
Dangote Sugar Refinery PLC NSA:DSRP
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dangote Sugar Refinery 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.

Dangote Sugar Refinery's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as

Days Payable (A: Dec. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2024 ) + Accounts Payable (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (52341.999 + 40488.313) / 2 ) / 706586.072*365
=46415.156 / 706586.072*365
=23.98

Dangote Sugar Refinery's Days Payable for the quarter that ended in Dec. 2025 is calculated as:

Days Payable (Q: Dec. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2024 ) + Accounts Payable (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (52341.999 + 40488.313) / 2 ) / 706586.072*365 / 2
=46415.156 / 706586.072*365 / 2
=11.99

* 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 23.98 mean?
Dangote Sugar Refinery (NSA:DSRP) has a Days Payable of 23.98 as of Dec. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Dangote Sugar Refinery and its competitors. This is 29% below median its historical median of 33.57. Over the past decade, Dangote Sugar Refinery's Days Payable has ranged from 10.88 to 147.25. According to the industry distribution chart, Dangote Sugar Refinery ranks #1492 out of 1882 companies in the Consumer Packaged Goods industry, placing it in the top 79.3%.
Is Dangote Sugar Refinery's Days Payable too high?
Dangote Sugar Refinery's current Days Payable of 23.98 is 29% below median its 10-year median of 33.57. Over the past 10 years, this metric has ranged from a low of 10.88 to a high of 147.25. The Consumer Packaged Goods industry median Days Payable is 44.15. Dangote Sugar Refinery's value of 23.98 is 45.7% below this industry median. Based on the distribution chart, Dangote Sugar Refinery ranks #1492 out of 1882 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Dangote Sugar Refinery has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Dangote Sugar Refinery's Days Payable compare to MDLZ and HSY?
According to the Consumer Packaged Goods industry distribution chart, Dangote Sugar Refinery ranks #1492 out of 1882 companies for Days Payable. This places Dangote Sugar Refinery in the lower half of its industry. The industry median Days Payable is 44.15. Dangote Sugar Refinery's value of 23.98 is 45.7% below this benchmark. Historically, Dangote Sugar Refinery's own Days Payable has ranged from 10.88 to 147.25 over the past decade. While the company's 10-year median is 33.57 vs. the industry median of 44.15, Dangote Sugar Refinery has consistently been below the industry average. 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 44.15, based on 1,882 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. Dangote Sugar Refinery's current Days Payable of 23.98 is 45.7% below 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 Dangote Sugar Refinery and its competitors. For the Consumer Packaged Goods industry, the median Days Payable is 44.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dangote Sugar Refinery's current Days Payable is 23.98, which is 29% below median its own 10-year median of 33.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dangote Sugar Refinery stock overvalued right now?
Based on GuruFocus' analysis, Dangote Sugar Refinery (NSA:DSRP) is currently considered Modestly Undervalued. The stock's GF Value™ is ₦78.80, compared to a current price of ₦64.65 — trading 18% below its estimated fair value. The current Days Payable is 23.98, which is 29% below median its 10-year median of 33.57 and 45.7% below the Consumer Packaged Goods industry median of 44.15. Dangote Sugar Refinery's overall GF Score™ is 70/100 with 9 warning signs to review. 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 Dangote Sugar Refinery (NSA:DSRP), the current Days Payable is 23.98 as of Dec. 2025. 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.

Is Dangote Sugar Refinery (NSA:DSRP) Overvalued in 2026?

Based on GuruFocus' analysis, Dangote Sugar Refinery stock appears to be undervalued. The current stock price of ₦64.65 is trading 18% below its estimated GF Value™ of ₦78.80. GuruFocus considers Dangote Sugar Refinery to be Modestly Undervalued.

Key valuation signals for NSA:DSRP:

  • Days Payable: 23.98 (29% below median its 10-year median of 33.57)
  • GF Value™: ₦78.80 vs. price of ₦64.65 (18% below fair value)
  • GF Score™: 70/100 with 9 warning signs
  • Industry Position: 45.7% below the Consumer Packaged Goods median (#1492 of 1882)

No single metric tells the full story. See the NSA:DSRP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Dangote Sugar Refinery Business Description

Address Terminal E, Shed 20, 3rd Floor, GDNL Building, NPA Wharf Port Complex, Apapa, Lagos, NGA
Dangote Sugar Refinery PLC is engaged in refining raw sugar to produce fortified and non-fortified granulated white sugar. The company distributes refined white sugar to consumers and industrial customers in Nigeria. The company is also engaged in the cultivation and milling of sugar cane to finished sugar. Its geographical segments include Northern Nigeria, Western Nigeria, Eastern Nigeria, and Lagos. The company derives a majority of its revenue from the Lagos region.
70GF Score

Get the complete analysis for NSA:DSRP

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

₦64.65
Price
₦78.80
GF Value