Invicta Holdings (JSE:IVT) Days Payable : 73.03 (As of Sep. 2023)

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What is Invicta Holdings Days Payable?

Invicta Holdings's average Accounts Payable for the six months ended in Sep. 2023 was R1,157 Mil. Invicta Holdings's Cost of Goods Sold for the six months ended in Sep. 2023 was R2,891 Mil. Hence, Invicta Holdings's Days Payable for the six months ended in Sep. 2023 was 73.03.

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

JSE:IVT' s Days Payable Range Over the Past 10 Years
Min: 67.35 Med: 92.83 Max: 117.23
Current: 77.78

During the past 13 years, Invicta Holdings's highest Days Payable was 117.23. The lowest was 67.35. And the median was 92.83.

JSE:IVT's Days Payable is ranked better than
74.13% of 143 companies
in the Industrial Distribution industry
Industry Median: 52.83 vs JSE:IVT: 77.78

Invicta Holdings's Days Payable declined from Sep. 2022 (76.85) to Sep. 2023 (73.03). It may suggest that Invicta Holdings accelerated paying its suppliers.

Invicta Holdings Days Payable Historical Data

The historical data trend for Invicta Holdings'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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Invicta Holdings Days Payable Chart

Invicta Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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70.75

109.26

104.62

74.47

67.35

Invicta Holdings Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Payable	Get a 7-Day Free Trial															84.46	78.39	76.85	76.46	73.03

Competitive Comparison of Invicta Holdings's Days Payable

For the Industrial Distribution subindustry, Invicta Holdings'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.

Invicta Holdings's Days Payable Distribution in the Industrial Distribution Industry

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

* The bar in red indicates where Invicta Holdings's Days Payable falls into.

Invicta Holdings 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.

Invicta Holdings's Days Payable for the fiscal year that ended in Mar. 2023 is calculated as

	Days Payable (A: Mar. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2022 )	+	Accounts Payable (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (941.648	+	994.416)	/	2 )	/	5246.005	*	365
=	968.032					/	5246.005	*	365
=	67.35

Invicta Holdings's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

	Days Payable (Q: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (994.416	+	1319.763)	/	2 )	/	2891.488	*	365 / 2
=	1157.0895					/	2891.488	*	365 / 2
=	73.03

Invicta Holdings Days Payable Related Terms

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Invicta Holdings (JSE:IVT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Invicta Holdings Ltd (JSE:IVT) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

IVTP.PFD:South Africa

Address

3 Droste Crescent, Droste Park Extension 7, Jeppestown, Johannesburg, GT, ZAF, 2001

Website

https://www.invictaholdings.co.za

Invicta Holdings Ltd is an investment holding management company. The company's segment includes Replacement parts, Services, and Solutions: Industrial (RSS: Industrial); Replacement parts, Services and Solutions: Auto-agri (RSS: Auto-agri); Capital equipment (CE); Replacement parts, Services and Solutions: Earthmoving equipment (RSS: Earthmoving); Kian Ann Group (Joint Venture) and Corporate Group. It generates maximum revenue from RSS: Industrial segment.