Dangote Sugar Refinery (NSA:DSRP) Days Payable : 11.38 (As of Dec. 2022)

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What is Dangote Sugar Refinery Days Payable?

Dangote Sugar Refinery's average Accounts Payable for the six months ended in Dec. 2022 was ₦9,703 Mil. Dangote Sugar Refinery's Cost of Goods Sold for the six months ended in Dec. 2022 was ₦311,283 Mil. Hence, Dangote Sugar Refinery's Days Payable for the six months ended in Dec. 2022 was 5.69.

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

NSA:DSRP' s Days Payable Range Over the Past 10 Years
Min: 11.38 Med: 110.7 Max: 147.25
Current: 11.38

During the past 13 years, Dangote Sugar Refinery's highest Days Payable was 147.25. The lowest was 11.38. And the median was 110.70.

NSA:DSRP's Days Payable is ranked worse than
94.69% of 1788 companies
in the Consumer Packaged Goods industry
Industry Median: 46.18 vs NSA:DSRP: 11.38

Dangote Sugar Refinery's Days Payable declined from Dec. 2020 (43.16) to Dec. 2022 (11.38). It may suggest that Dangote Sugar Refinery accelerated paying its suppliers.

Dangote Sugar Refinery Days Payable Historical Data

The historical data trend for Dangote Sugar Refinery'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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Dangote Sugar Refinery Days Payable Chart

Dangote Sugar Refinery Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

Get a 7-Day Free Trial

105.75

93.00

43.16

13.73

11.38

Dangote Sugar Refinery Semi-Annual Data
	Dec08	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22
Days Payable	Get a 7-Day Free Trial										105.75	93.00	43.16	13.73	11.38

Competitive Comparison of Dangote Sugar Refinery's Days Payable

For the Confectioners subindustry, Dangote Sugar Refinery'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.

Dangote Sugar Refinery's Days Payable Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Dangote Sugar Refinery's Days Payable falls into.

Dangote Sugar Refinery 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.

Dangote Sugar Refinery's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (11845.97	+	7560.691)	/	2 )	/	311282.95	*	365
=	9703.3305					/	311282.95	*	365
=	11.38

Dangote Sugar Refinery's Days Payable for the quarter that ended in Dec. 2022 is calculated as:

	Days Payable (Q: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2021 )	+	Accounts Payable (Q: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2022 )	*	Days in Period
=	( (11845.97	+	7560.691)	/	2 )	/	311282.95	*	365 / 2
=	9703.3305					/	311282.95	*	365 / 2
=	5.69

Dangote Sugar Refinery Days Payable Related Terms

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

Dangote Sugar Refinery (NSA:DSRP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Dangote Sugar Refinery PLC (NSA:DSRP) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Terminal E, Shed 20, 3rd Floor, GDNL Administrative Building, NPA Wharf Port Complex, Apapa, Lagos, NGA

Website

https://sugar.dangote.com

Dangote Sugar Refinery PLC is engaged in refining raw sugar into edible sugar and selling refined sugar. The company is also engaged in the cultivation and milling of sugar cane to finished sugar. Its geographical segments include Northern Nigeria, Western Nigeria, Eastern Nigeria, and Lagos. The company derives a majority of revenue from the Northern Nigeria region.

Dangote Sugar Refinery (NSA:DSRP) Headlines

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