GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Jamaica Stock Exchange Ltd (XJAM:JSE) » Definitions » Days Payable

Jamaica Stock Exchange (XJAM:JSE) Days Payable : 58.28 (As of Dec. 2022)


View and export this data going back to 2013. Start your Free Trial

What is Jamaica Stock Exchange Days Payable?

Jamaica Stock Exchange's average Accounts Payable for the six months ended in Dec. 2022 was JMD102 Mil. Jamaica Stock Exchange's Cost of Goods Sold for the six months ended in Dec. 2022 was JMD638 Mil. Hence, Jamaica Stock Exchange's Days Payable for the six months ended in Dec. 2022 was 29.14.

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 Range Over the Past 10 Years
Min: 58.28   Med: 131.61   Max: 250.71
Current: 58.28

During the past 13 years, Jamaica Stock Exchange's highest Days Payable was 250.71. The lowest was 58.28. And the median was 131.61.

XJAM:JSE's Days Payable is ranked worse than
59.66% of 528 companies
in the Capital Markets industry
Industry Median: 105.84 vs XJAM:JSE: 58.28

Jamaica Stock Exchange's Days Payable declined from Dec. 2020 (75.47) to Dec. 2022 (58.28). It may suggest that Jamaica Stock Exchange accelerated paying its suppliers.


Jamaica Stock Exchange Days Payable Historical Data

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.

* Premium members only.

Jamaica Stock Exchange Days Payable Chart

Jamaica Stock Exchange Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 196.49 108.93 75.47 62.85 58.28

Jamaica Stock Exchange Semi-Annual Data
Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
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 196.49 108.93 75.47 62.85 58.28

Competitive Comparison of Jamaica Stock Exchange's Days Payable

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's Days Payable Distribution in the 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.



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. 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
=( (98.605 + 105.274) / 2 ) / 638.393*365
=101.9395 / 638.393*365
=58.28

Jamaica Stock Exchange's Days Payable for the quarter that ended in Dec. 2022 is calculated as:

Days Payable (Q: Dec. 2022 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2021 ) + Accounts Payable (Q: Dec. 2022 )) / count ) / Cost of Goods Sold (Q: Dec. 2022 )*Days in Period
=( (98.605 + 105.274) / 2 ) / 638.393*365 / 2
=101.9395 / 638.393*365 / 2
=29.14

* 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 Related Terms

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


Jamaica Stock Exchange (XJAM:JSE) Business Description

Traded in Other Exchanges
N/A
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 group's operations are in Jamaica.

Jamaica Stock Exchange (XJAM:JSE) Headlines

No Headlines