Lafarge Africa (NSA:WAPCO) Days Payable : 72.26 (As of Dec. 2023)

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What is Lafarge Africa Days Payable?

Lafarge Africa's average Accounts Payable for the three months ended in Dec. 2023 was ₦45,743 Mil. Lafarge Africa's Cost of Goods Sold for the three months ended in Dec. 2023 was ₦57,768 Mil. Hence, Lafarge Africa's Days Payable for the three months ended in Dec. 2023 was 72.26.

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

NSA:WAPCO' s Days Payable Range Over the Past 10 Years
Min: 44.34 Med: 115.61 Max: 194.99
Current: 64.25

During the past 13 years, Lafarge Africa's highest Days Payable was 194.99. The lowest was 44.34. And the median was 115.61.

NSA:WAPCO's Days Payable is ranked worse than
53.91% of 371 companies
in the Building Materials industry
Industry Median: 66.44 vs NSA:WAPCO: 64.25

Lafarge Africa's Days Payable increased from Dec. 2022 (65.34) to Dec. 2023 (72.26). It may suggest that Lafarge Africa delayed paying its suppliers.

Lafarge Africa Days Payable Historical Data

The historical data trend for Lafarge Africa'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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Lafarge Africa Days Payable Chart

Lafarge Africa Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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115.60

56.51

44.34

46.00

68.59

Lafarge Africa Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															65.34	58.06	52.84	67.71	72.26

Competitive Comparison of Lafarge Africa's Days Payable

For the Building Materials subindustry, Lafarge Africa'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.

Lafarge Africa's Days Payable Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Lafarge Africa's Days Payable distribution charts can be found below:

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

Lafarge Africa 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.

Lafarge Africa's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (26798.891	+	47916.414)	/	2 )	/	198786.889	*	365
=	37357.6525					/	198786.889	*	365
=	68.59

Lafarge Africa'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: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (43570.312	+	47916.414)	/	2 )	/	57768.243	*	365 / 4
=	45743.363					/	57768.243	*	365 / 4
=	72.26

Lafarge Africa Days Payable Related Terms

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Lafarge Africa (NSA:WAPCO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Lafarge Africa PLC (NSA:WAPCO) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

No. 27B, Gerrard Road, Ikoyi, Lagos, NGA

Website

https://www.lafarge.com.ng

Lafarge Africa PLC through its subsidiaries is engaged in the manufacturing and marketing of cement, concrete, and aggregates products, including the provision of building solutions. Its products include Ashakacem, UniCem, Elephant cement, Lafarge Powermax, RoadCem, and Supaset cement among others. It has operations in South Africa and Nigeria generating a vast majority of its revenues within Nigeria from the sales of Cement. It has two segments Cement & Readymixed products. The majority is from the cement segment.

Lafarge Africa (NSA:WAPCO) Headlines

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