Safaricom (NAI:SCOM) Days Payable : 298.64 (As of Mar. 2024)

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What is Safaricom Days Payable?

Safaricom's average Accounts Payable for the six months ended in Mar. 2024 was KES86,153 Mil. Safaricom's Cost of Goods Sold for the six months ended in Mar. 2024 was KES52,648 Mil. Hence, Safaricom's Days Payable for the six months ended in Mar. 2024 was 298.64.

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

NAI:SCOM' s Days Payable Range Over the Past 10 Years
Min: 16.47 Med: 28.73 Max: 315.19
Current: 307.15

During the past 13 years, Safaricom's highest Days Payable was 315.19. The lowest was 16.47. And the median was 28.73.

NAI:SCOM's Days Payable is ranked better than
85.8% of 345 companies
in the Telecommunication Services industry
Industry Median: 104.28 vs NAI:SCOM: 307.15

Safaricom's Days Payable increased from Mar. 2023 (250.72) to Mar. 2024 (298.64). It may suggest that Safaricom delayed paying its suppliers.

Safaricom Days Payable Historical Data

The historical data trend for Safaricom'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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Safaricom Days Payable Chart

Safaricom Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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26.65

93.00

150.31

225.57

315.19

Safaricom Semi-Annual Data
	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Days Payable	Get a 7-Day Free Trial															152.65	182.10	250.72	308.44	298.64

Competitive Comparison of Safaricom's Days Payable

For the Telecom Services subindustry, Safaricom'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.

Safaricom's Days Payable Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Safaricom's Days Payable distribution charts can be found below:

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

Safaricom 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.

Safaricom's Days Payable for the fiscal year that ended in Mar. 2024 is calculated as

	Days Payable (A: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2023 )	+	Accounts Payable (A: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2024 )	*	Days in Period
=	( (72688.2	+	94919.5)	/	2 )	/	97046.9	*	365
=	83803.85					/	97046.9	*	365
=	315.19

Safaricom's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (77386.6	+	94919.5)	/	2 )	/	52648.2	*	365 / 2
=	86153.05					/	52648.2	*	365 / 2
=	298.64

Safaricom Days Payable Related Terms

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

Safaricom (NAI:SCOM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Safaricom PLC (NAI:SCOM) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Safaricom House, Waiyaki Way, P.O. Box 66827, Westlands, Nairobi, KEN, 00800

Website

https://www.safaricom.co.ke

Safaricom PLC is a Kenya-based telecommunications company. The principal activities of the company are the provision of telecommunication services, providing a comprehensive range of integrated telecommunication services including voice and data both mobile and fixed, SMS, the internet, and m-pesa. The company also offers a wide range of devices such as Mobile handsets, mobile broadband modems, routers, tablets, and notebooks. The majority of its revenue comes from service revenues: Voice, m-pesa, mobile data, messaging, fixed data and other service revenue. The company serves both individual and corporate/enterprise customers.