Ah Vest (JSE:AHL) Days Payable : 133.45 (As of Dec. 2023)

View and export this data going back to 1998. Start your Free Trial

What is Ah Vest Days Payable?

Ah Vest's average Accounts Payable for the six months ended in Dec. 2023 was R57.1 Mil. Ah Vest's Cost of Goods Sold for the six months ended in Dec. 2023 was R78.1 Mil. Hence, Ah Vest's Days Payable for the six months ended in Dec. 2023 was 133.45.

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

JSE:AHL' s Days Payable Range Over the Past 10 Years
Min: 93.7 Med: 110.13 Max: 153.02
Current: 153.02

During the past 12 years, Ah Vest's highest Days Payable was 153.02. The lowest was 93.70. And the median was 110.13.

JSE:AHL's Days Payable is not ranked
in the Consumer Packaged Goods industry.
Industry Median: 46.18 vs JSE:AHL: 153.02

Ah Vest's Days Payable declined from Dec. 2022 (143.70) to Dec. 2023 (133.45). It may suggest that Ah Vest accelerated paying its suppliers.

Ah Vest Days Payable Historical Data

The historical data trend for Ah Vest'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.

Ah Vest Days Payable Chart

Ah Vest Annual Data

Trend

Mar12

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Payable

Get a 7-Day Free Trial

111.19

102.41

134.11

125.07

128.89

Ah Vest Semi-Annual Data
	Mar10	Mar11	Mar12	Jun15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial															133.33	163.58	143.70	163.15	133.45

Competitive Comparison of Ah Vest's Days Payable

For the Packaged Foods subindustry, Ah Vest'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.

Ah Vest's Days Payable Distribution in the Consumer Packaged Goods Industry

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

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

Ah Vest 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.

Ah Vest's Days Payable for the fiscal year that ended in Jun. 2023 is calculated as

	Days Payable (A: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jun. 2022 )	+	Accounts Payable (A: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2023 )	*	Days in Period
=	( (46.335	+	50.893)	/	2 )	/	137.667	*	365
=	48.614					/	137.667	*	365
=	128.89

Ah Vest'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: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (50.893	+	63.323)	/	2 )	/	78.1	*	365 / 2
=	57.108					/	78.1	*	365 / 2
=	133.45

Ah Vest Days Payable Related Terms

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

Ah Vest (JSE:AHL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Ah Vest Ltd (JSE:AHL) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

15 Misgund Road, Eikenhof, Johannesburg, GT, ZAF, 1872

Website

http://www.alljoy.co.za

Ah Vest Ltd is involved in the manufacturing of food sauces and condiments for supply to retail chains, independent traders, and the catering industry. The company operates in a single segment which is Sauces. Geographically it only operates in South Africa.