Hudaco Industries (JSE:HDC) Days Payable : 72.00 (As of Nov. 2023)

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What is Hudaco Industries Days Payable?

Hudaco Industries's average Accounts Payable for the six months ended in Nov. 2023 was R1,161 Mil. Hudaco Industries's Cost of Goods Sold for the six months ended in Nov. 2023 was R2,943 Mil. Hence, Hudaco Industries's Days Payable for the six months ended in Nov. 2023 was 72.00.

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

JSE:HDC' s Days Payable Range Over the Past 10 Years
Min: 56.9 Med: 64.37 Max: 71.54
Current: 68.72

During the past 13 years, Hudaco Industries's highest Days Payable was 71.54. The lowest was 56.90. And the median was 64.37.

JSE:HDC's Days Payable is ranked better than
65.73% of 143 companies
in the Industrial Distribution industry
Industry Median: 53.28 vs JSE:HDC: 68.72

Hudaco Industries's Days Payable increased from Nov. 2022 (65.87) to Nov. 2023 (72.00). It may suggest that Hudaco Industries delayed paying its suppliers.

Hudaco Industries Days Payable Historical Data

The historical data trend for Hudaco Industries'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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Hudaco Industries Days Payable Chart

Hudaco Industries Annual Data

Trend

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Days Payable

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65.81

61.13

61.80

64.19

56.90

Hudaco Industries Semi-Annual Data
	May14	Nov14	May15	Nov15	May16	Nov16	May17	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	May21	Nov21	May22	Nov22	May23	Nov23
Days Payable	Get a 7-Day Free Trial															72.42	76.92	65.87	77.46	72.00

Competitive Comparison of Hudaco Industries's Days Payable

For the Industrial Distribution subindustry, Hudaco Industries'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.

Hudaco Industries's Days Payable Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Hudaco Industries's Days Payable distribution charts can be found below:

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

Hudaco Industries 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.

Hudaco Industries's Days Payable for the fiscal year that ended in Nov. 2023 is calculated as

	Days Payable (A: Nov. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Nov. 2022 )	+	Accounts Payable (A: Nov. 2023 ))	/	count )	/	Cost of Goods Sold (A: Nov. 2023 )	*	Days in Period
=	( (894.178	+	880.89)	/	2 )	/	5693.784	*	365
=	887.534					/	5693.784	*	365
=	56.90

Hudaco Industries's Days Payable for the quarter that ended in Nov. 2023 is calculated as:

	Days Payable (Q: Nov. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: May. 2023 )	+	Accounts Payable (Q: Nov. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Nov. 2023 )	*	Days in Period
=	( (1441	+	880.89)	/	2 )	/	2942.784	*	365 / 2
=	1160.945					/	2942.784	*	365 / 2
=	72.00

Hudaco Industries Days Payable Related Terms

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Hudaco Industries (JSE:HDC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Hudaco Industries Ltd (JSE:HDC) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Emerald Boulevard, Greenstone Hill, Building 9, 1st Floor, Greenstone Hill Office Park, Edenvale, GT, ZAF, 1609

Website

http://www.hudaco.co.za

Hudaco Industries Ltd is engaged in importing and distributing branded automotive, industrial and electrical consumable products. The company operates in two business segment such as Consumer-related product segment which includes power tools, security equipment, communication equipment, automotive and batteries, and Engineering consumables segment which consist of bearings, diesel engines and spares, and power transmission. It generates maximum revenue from Consumer-related product segment. Geographically, it derives a majority of revenue from South Africa.

Hudaco Industries (JSE:HDC) Headlines

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