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PPC (PPCLY) Days Payable : 47.91 (As of Sep. 2024)


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What is PPC Days Payable?

PPC's average Accounts Payable for the six months ended in Sep. 2024 was $61.2 Mil. PPC's Cost of Goods Sold for the six months ended in Sep. 2024 was $233.2 Mil. Hence, PPC's Days Payable for the six months ended in Sep. 2024 was 47.91.

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

PPCLY' s Days Payable Range Over the Past 10 Years
Min: 34.92   Med: 45.89   Max: 66.73
Current: 53.91

During the past 13 years, PPC's highest Days Payable was 66.73. The lowest was 34.92. And the median was 45.89.

PPCLY's Days Payable is ranked worse than
63.94% of 391 companies
in the Building Materials industry
Industry Median: 68.16 vs PPCLY: 53.91

PPC's Days Payable declined from Sep. 2023 (50.64) to Sep. 2024 (47.91). It may suggest that PPC accelerated paying its suppliers.


PPC Days Payable Historical Data

The historical data trend for PPC'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.

* Premium members only.

PPC Days Payable Chart

PPC Annual Data
Trend Sep14 Sep15 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 72.25 57.24 44.17 50.21 40.44

PPC Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 48.49 68.78 50.64 51.22 47.91

Competitive Comparison of PPC's Days Payable

For the Building Materials subindustry, PPC'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.


PPC's Days Payable Distribution in the Building Materials Industry

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

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


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PPC 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.

PPC's Days Payable for the fiscal year that ended in Mar. 2024 is calculated as

Days Payable (A: Mar. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2023 ) + Accounts Payable (A: Mar. 2024 )) / count ) / Cost of Goods Sold (A: Mar. 2024 )*Days in Period
=( (51.809 + 47.061) / 2 ) / 446.153*365
=49.435 / 446.153*365
=40.44

PPC's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

Days Payable (Q: Sep. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2024 ) + Accounts Payable (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (47.061 + 75.363) / 2 ) / 233.194*365 / 2
=61.212 / 233.194*365 / 2
=47.91

* 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.


PPC Days Payable Related Terms

Thank you for viewing the detailed overview of PPC's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.


PPC Business Description

Traded in Other Exchanges
Address
5 Parks Boulevard, First Floor, Oxford Parks, Dunkeld, Johannesburg, GT, ZAF, 2196
PPC Ltd is a South Africa-based company that supplies cement and other related products in South Africa and several other African countries. Its production facilities span South Africa, Botswana, Zimbabwe, and Rwanda. The operating segments are South Africa and Botswana Cement, Zimbabwe, Rwanda, Aggregates, ash and readymix, and Group services and others. The company generates the majority of its revenue from the South Africa and Botswana domestic markets, where it marketed its cement products under the brand names OPC, SureRoad, IDM Best Build, Castle, and Spar Build-It. It also distributes cement products in Botswana, Zimbabwe, Mozambique, the Democratic Republic of the Congo, Rwanda, and Ethiopia under the brands OPC, Unicem, Botcem, and Surebuild PMC.

PPC Headlines

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