African Dawn Capital (JSE:ADW) Days Payable : 62.63 (As of Aug. 2023)

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What is African Dawn Capital Days Payable?

African Dawn Capital's average Accounts Payable for the six months ended in Aug. 2023 was R3.07 Mil. African Dawn Capital's Cost of Goods Sold for the six months ended in Aug. 2023 was R8.95 Mil. Hence, African Dawn Capital's Days Payable for the six months ended in Aug. 2023 was 62.63.

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

JSE:ADW' s Days Payable Range Over the Past 10 Years
Min: 24.9 Med: 49.01 Max: 3716.09
Current: 74.05

During the past 13 years, African Dawn Capital's highest Days Payable was 3716.09. The lowest was 24.90. And the median was 49.01.

JSE:ADW's Days Payable is ranked better than
60.92% of 284 companies
in the Credit Services industry
Industry Median: 48.93 vs JSE:ADW: 74.05

African Dawn Capital's Days Payable increased from Aug. 2022 (55.81) to Aug. 2023 (62.63). It may suggest that African Dawn Capital delayed paying its suppliers.

African Dawn Capital Days Payable Historical Data

The historical data trend for African Dawn Capital'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.

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African Dawn Capital Days Payable Chart

African Dawn Capital Annual Data

Trend

Feb14

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Days Payable

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25.61

43.42

49.01

24.90

26.54

African Dawn Capital Semi-Annual Data
	Feb14	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23
Days Payable	Get a 7-Day Free Trial															52.49	41.42	55.81	63.98	62.63

Competitive Comparison of African Dawn Capital's Days Payable

For the Credit Services subindustry, African Dawn Capital'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.

African Dawn Capital's Days Payable Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, African Dawn Capital's Days Payable distribution charts can be found below:

* The bar in red indicates where African Dawn Capital's Days Payable falls into.

African Dawn Capital 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.

African Dawn Capital's Days Payable for the fiscal year that ended in Feb. 2023 is calculated as

	Days Payable (A: Feb. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Feb. 2022 )	+	Accounts Payable (A: Feb. 2023 ))	/	count )	/	Cost of Goods Sold (A: Feb. 2023 )	*	Days in Period
=	( (0.918	+	1.428)	/	2 )	/	16.135	*	365
=	1.173					/	16.135	*	365
=	26.54

African Dawn Capital's Days Payable for the quarter that ended in Aug. 2023 is calculated as:

	Days Payable (Q: Aug. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Feb. 2023 )	+	Accounts Payable (Q: Aug. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Aug. 2023 )	*	Days in Period
=	( (1.428	+	4.716)	/	2 )	/	8.951	*	365 / 2
=	3.072					/	8.951	*	365 / 2
=	62.63

African Dawn Capital Days Payable Related Terms

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African Dawn Capital (JSE:ADW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » African Dawn Capital Ltd (JSE:ADW) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Corner of Sonop and Ontdekkers Roads, 3rd Floor, The Village at Horizon, Horizon View, Johannesburg, GT, ZAF, 1724

Website

https://www.afdawn.co.za

African Dawn Capital Ltd operates as a microfinance company. The company's operating segment includes Investment advisory and investment management and Microfinance. It generates maximum revenue from the Microfinance segment. Geographically, it operates only in South Africa.

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