Jamaica Stock Exchange (XJAM:JSE) Days Payable: 53.56 (As of Dec. 2023)


XJAM:JSE Jamaica Stock Exchange Ltd XJAM:JSE
22 GF Score
Price JMD9.01
View Full Analysis

What is Jamaica Stock Exchange Days Payable?

Jamaica Stock Exchange XJAM:JSE -0.88% 22 Days Payable is 53.56 as of Dec. 2023. GuruFocus rates XJAM:JSE with a GF Score™ of 22/100.

Jamaica Stock Exchange's average Accounts Payable for the six months ended in Dec. 2023 was JMD110 Mil. Jamaica Stock Exchange's Cost of Goods Sold for the six months ended in Dec. 2023 was JMD750 Mil. Hence, Jamaica Stock Exchange's Days Payable for the six months ended in Dec. 2023 was 26.78.

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

XJAM:JSE's Days Payable is not ranked *
in the Capital Markets industry.
Industry Median: 91.67
* Ranked among companies with meaningful Days Payable only.

Jamaica Stock Exchange's Days Payable declined from Dec. 2021 (62.85) to Dec. 2023 (53.56). It may suggest that Jamaica Stock Exchange accelerated paying its suppliers.

Jamaica Stock Exchange Days Payable Historical Data

* Premium members only.

The historical data trend for Jamaica Stock Exchange'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.

Jamaica Stock Exchange Days Payable Chart

Jamaica Stock Exchange Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 108.93 75.47 62.85 58.28 53.56

Jamaica Stock Exchange Semi-Annual Data
Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
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 108.93 75.47 62.85 58.28 53.56

XJAM:JSE vs SPGI, ICE, CME: Days Payable Comparison

For the Financial Data & Stock Exchanges subindustry, Jamaica Stock Exchange'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.

Jamaica Stock Exchange Days Payable vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Jamaica Stock Exchange's Days Payable distribution charts can be found below:

* The bar in red indicates where Jamaica Stock Exchange's Days Payable falls into.


XJAM:JSE
22GF Score
Jamaica Stock Exchange Ltd XJAM:JSE
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Jamaica Stock Exchange 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.

Jamaica Stock Exchange's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

Days Payable (A: Dec. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2022 ) + Accounts Payable (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (105.274 + 114.693) / 2 ) / 749.565*365
=109.9835 / 749.565*365
=53.56

Jamaica Stock Exchange's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

Days Payable (Q: Dec. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2022 ) + Accounts Payable (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (105.274 + 114.693) / 2 ) / 749.565*365 / 2
=109.9835 / 749.565*365 / 2
=26.78

* 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 53.56 mean?
Jamaica Stock Exchange (XJAM:JSE) has a Days Payable of 53.56 as of Dec. 2023. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Jamaica Stock Exchange and its competitors.
Is Jamaica Stock Exchange's Days Payable too high?
Jamaica Stock Exchange's current Days Payable is 53.56. The Capital Markets industry median Days Payable is 91.67. Jamaica Stock Exchange's value of 53.56 is 41.6% below this industry median. Overall, Jamaica Stock Exchange has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does Jamaica Stock Exchange's Days Payable compare to SPGI and ICE?
Jamaica Stock Exchange's Days Payable of 53.56 can be compared against companies in the Capital Markets industry. The industry median Days Payable is 91.67. Jamaica Stock Exchange's value of 53.56 is 41.6% below 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 Capital Markets company?
The median Days Payable among Capital Markets companies is 91.67, based on 541 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. Jamaica Stock Exchange's current Days Payable of 53.56 is 41.6% 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 Jamaica Stock Exchange and its competitors. For the Capital Markets industry, the median Days Payable is 91.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jamaica Stock Exchange's current Days Payable is 53.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jamaica Stock Exchange stock overvalued right now?
Jamaica Stock Exchange (XJAM:JSE) has a current Days Payable of 53.56. The current Days Payable is 53.56 and 41.6% below the Capital Markets industry median of 91.67. Jamaica Stock Exchange's overall GF Score™ is 22/100. 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 Jamaica Stock Exchange (XJAM:JSE), the current Days Payable is 53.56 as of Dec. 2023. 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.

Jamaica Stock Exchange Business Description

Address 40 Harbour Street, P.O. Box 1084, Kingston, JAM
Jamaica Stock Exchange Ltd operates and regulates a stock exchange and develops a stock market in Jamaica. Through its subsidiary, the company is also establishing and maintaining a Central Securities Depository in Jamaica to facilitate the transfer of ownership of securities. Its operating segments are Exchange operations; JCSD services; Investments; and Trustee, custodian, company management, and other activities. It derives a portion of the revenue from the Exchange operations involving the Stock exchange's operation and regulation. Another critical revenue source is from JCSD services provided in connection with transferring and holding securities, shares, stocks, bonds, debentures, and registrar services. The firm's operations are in Jamaica.
22GF Score

Get the complete analysis for XJAM:JSE

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

JMD9.01
Price