PZ Cussons Nigeria (NSA:PZ) Days Payable: 17.01 (As of Feb. 2026) — 77% Below Median


NSA:PZ PZ Cussons Nigeria PLC NSA:PZ
64 GF Score
Price ₦94.95
GF Value ₦52.05
Valuation Significantly Overvalued
! 2 Warning Signs
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What is PZ Cussons Nigeria Days Payable?

PZ Cussons Nigeria NSA:PZ 64 Days Payable is 17.01 as of Feb. 2026, which is 77% below its 10-year median of 73.26. GuruFocus rates NSA:PZ with a GF Score™ of 64/100 and a GF Value™ of ₦52.05 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,883 Consumer Packaged Goods companies, PZ Cussons Nigeria ranks worse than 86.78% on this metric.

PZ Cussons Nigeria's average Accounts Payable for the three months ended in Feb. 2026 was ₦9,242 Mil. PZ Cussons Nigeria's Cost of Goods Sold for the three months ended in Feb. 2026 was ₦49,568 Mil. Hence, PZ Cussons Nigeria's Days Payable for the three months ended in Feb. 2026 was 17.01.

The historical rank and industry rank for PZ Cussons Nigeria's Days Payable or its related term are showing as below:

NSA:PZ' s Days Payable Range Over the Past 10 Years
Min: 17.8   Med: 73.26   Max: 216.64
Current: 17.8

During the past 13 years, PZ Cussons Nigeria's highest Days Payable was 216.64. The lowest was 17.80. And the median was 73.26.

NSA:PZ's Days Payable is ranked worse than
86.78% of 1883 companies
in the Consumer Packaged Goods industry
Industry Median: 44.15 vs NSA:PZ: 17.80

PZ Cussons Nigeria's Days Payable declined from Feb. 2025 (24.02) to Feb. 2026 (17.01). It may suggest that PZ Cussons Nigeria accelerated paying its suppliers.


PZ Cussons Nigeria Days Payable Historical Data

* Premium members only.

The historical data trend for PZ Cussons Nigeria'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.

PZ Cussons Nigeria Days Payable Chart

PZ Cussons Nigeria Annual Data
Trend May16 May17 May18 May19 May20 May21 May22 May23 May24 May25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 153.54 35.85 33.63 44.71 25.83

PZ Cussons Nigeria Quarterly Data
Feb21 May21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
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 24.02 18.28 18.99 17.54 17.01

NSA:PZ vs PG, CL, KVUE: Days Payable Comparison

For the Household & Personal Products subindustry, PZ Cussons Nigeria'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.


PZ Cussons Nigeria Days Payable vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, PZ Cussons Nigeria's Days Payable distribution charts can be found below:

* The bar in red indicates where PZ Cussons Nigeria's Days Payable falls into.


NSA:PZ
64GF Score
PZ Cussons Nigeria PLC NSA:PZ
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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PZ Cussons Nigeria 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.

PZ Cussons Nigeria's Days Payable for the fiscal year that ended in May. 2025 is calculated as

Days Payable (A: May. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: May. 2024 ) + Accounts Payable (A: May. 2025 )) / count ) / Cost of Goods Sold (A: May. 2025 )*Days in Period
=( (13723.365 + 8205.534) / 2 ) / 154926.172*365
=10964.4495 / 154926.172*365
=25.83

PZ Cussons Nigeria's Days Payable for the quarter that ended in Feb. 2026 is calculated as:

Days Payable (Q: Feb. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Nov. 2025 ) + Accounts Payable (Q: Feb. 2026 )) / count ) / Cost of Goods Sold (Q: Feb. 2026 )*Days in Period
=( (9676.366 + 8808.49) / 2 ) / 49567.524*365 / 4
=9242.428 / 49567.524*365 / 4
=17.01

* 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 17.01 mean?
PZ Cussons Nigeria (NSA:PZ) has a Days Payable of 17.01 as of Feb. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on PZ Cussons Nigeria and its competitors. This is 77% below median its historical median of 73.26. Over the past decade, PZ Cussons Nigeria's Days Payable has ranged from 17.80 to 216.64. According to the industry distribution chart, PZ Cussons Nigeria ranks #1634 out of 1883 companies in the Consumer Packaged Goods industry, placing it in the top 86.8%.
Is PZ Cussons Nigeria's Days Payable too high?
PZ Cussons Nigeria's current Days Payable of 17.01 is 77% below median its 10-year median of 73.26. Over the past 10 years, this metric has ranged from a low of 17.80 to a high of 216.64. The Consumer Packaged Goods industry median Days Payable is 44.15. PZ Cussons Nigeria's value of 17.01 is 61.5% below this industry median. Based on the distribution chart, PZ Cussons Nigeria ranks #1634 out of 1883 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, PZ Cussons Nigeria has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PZ Cussons Nigeria's Days Payable compare to PG and CL?
According to the Consumer Packaged Goods industry distribution chart, PZ Cussons Nigeria ranks #1634 out of 1883 companies for Days Payable. This places PZ Cussons Nigeria in the lower half of its industry. The industry median Days Payable is 44.15. PZ Cussons Nigeria's value of 17.01 is 61.5% below this benchmark. Historically, PZ Cussons Nigeria's own Days Payable has ranged from 17.80 to 216.64 over the past decade. While the company's 10-year median is 73.26 vs. the industry median of 44.15, PZ Cussons Nigeria 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 1,883 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. PZ Cussons Nigeria's current Days Payable of 17.01 is 61.5% 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 PZ Cussons Nigeria 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. PZ Cussons Nigeria's current Days Payable is 17.01, which is 77% below median its own 10-year median of 73.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PZ Cussons Nigeria stock overvalued right now?
Based on GuruFocus' analysis, PZ Cussons Nigeria (NSA:PZ) is currently considered Significantly Overvalued. The stock's GF Value™ is ₦52.05, compared to a current price of ₦94.95 — trading 82.4% above its estimated fair value. The current Days Payable is 17.01, which is 77% below median its 10-year median of 73.26 and 61.5% below the Consumer Packaged Goods industry median of 44.15. PZ Cussons Nigeria's overall GF Score™ is 64/100 with 2 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 PZ Cussons Nigeria (NSA:PZ), the current Days Payable is 17.01 as of Feb. 2026. 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 PZ Cussons Nigeria (NSA:PZ) Overvalued in 2026?

Based on GuruFocus' analysis, PZ Cussons Nigeria stock appears to be overvalued. The current stock price of ₦94.95 is trading 82.4% above its estimated GF Value™ of ₦52.05. GuruFocus considers PZ Cussons Nigeria to be Significantly Overvalued.

Key valuation signals for NSA:PZ:

  • Days Payable: 17.01 (77% below median its 10-year median of 73.26)
  • GF Value™: ₦52.05 vs. price of ₦94.95 (82.4% above fair value)
  • GF Score™: 64/100 with 2 warning signs
  • Industry Position: 61.5% below the Consumer Packaged Goods median (#1634 of 1883)

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


PZ Cussons Nigeria Business Description

Address 3500 Aviator Way, Manchester Business Park, Manchester, GBR, M22 5TG
PZ Cussons Nigeria PLC manufactures, distributes and sells consumer products and home appliances. The company's operating segment includes Home and Personal Care Products and Durable Electrical Appliances. It generates maximum revenue from the Home and Personal Care Products segment. Home and Personal Care Products segment includes the production and sale of Morning Fresh, Zip, Canoe, Premier, Excel, Joy, Stella, Venus, Imperial Leather, Cussons Baby, Original Source, Carex, Robb, and others. The Durable Electrical Appliances segment includes the production and sale of Haier Thermocool Refrigerators, Freezers, Televisions, Generators, Air conditioners, Washing Machines and others. Geographically it derives revenue from Nigeria.
64GF Score

Get the complete analysis for NSA:PZ

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

₦94.95
Price
₦52.05
GF Value