Transaction Capital (JSE:TCP) Days Payable : 17.84 (As of Sep. 2023)

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What is Transaction Capital Days Payable?

Transaction Capital's average Accounts Payable for the six months ended in Sep. 2023 was R1,405 Mil. Transaction Capital's Cost of Goods Sold for the six months ended in Sep. 2023 was R14,370 Mil. Hence, Transaction Capital's Days Payable for the six months ended in Sep. 2023 was 17.84.

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

JSE:TCP' s Days Payable Range Over the Past 10 Years
Min: 12.69 Med: 44.1 Max: 89.99
Current: 17.03

During the past 13 years, Transaction Capital's highest Days Payable was 89.99. The lowest was 12.69. And the median was 44.10.

JSE:TCP's Days Payable is ranked worse than
74.3% of 284 companies
in the Credit Services industry
Industry Median: 48.93 vs JSE:TCP: 17.03

Transaction Capital's Days Payable increased from Sep. 2022 (13.67) to Sep. 2023 (17.84). It may suggest that Transaction Capital delayed paying its suppliers.

Transaction Capital Days Payable Historical Data

The historical data trend for Transaction Capital'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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Transaction Capital Days Payable Chart

Transaction Capital Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Days Payable

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89.99

65.16

34.23

13.00

12.69

Transaction Capital 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															28.33	18.17	13.67	20.91	17.84

Competitive Comparison of Transaction Capital's Days Payable

For the Credit Services subindustry, Transaction Capital'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.

Transaction Capital's Days Payable Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Transaction Capital's Days Payable distribution charts can be found below:

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

Transaction Capital 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.

Transaction Capital's Days Payable for the fiscal year that ended in Sep. 2023 is calculated as

	Days Payable (A: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Sep. 2022 )	+	Accounts Payable (A: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (A: Sep. 2023 )	*	Days in Period
=	( (799	+	994)	/	2 )	/	25783	*	365
=	896.5					/	25783	*	365
=	12.69

Transaction Capital'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
=	( (1816	+	994)	/	2 )	/	14370	*	365 / 2
=	1405					/	14370	*	365 / 2
=	17.84

Transaction Capital Days Payable Related Terms

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Transaction Capital (JSE:TCP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Transaction Capital Ltd (JSE:TCP) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

W55:Germany

Address

24 Cradock and Tyrwhitt Avenue, The Bank, 12th Floor, Rosebank, Johannesburg, GT, ZAF, 2196

Website

https://www.transactioncapital.co.za

Transaction Capital Ltd is an investment holding company. The company's operating segment includes SA Taxi; Nutun, WeBuyCars, and Group executive office. It generates maximum revenue from the WeBuyCars segment. WeBuyCars segment includes buyer, distributor, and retailer of vehicles, which also offers financial and other allied products. SA Taxi segment is engaged in a vertically integrated taxi platform incorporating a unique blend of vehicle procurement, retail, repossession and refurbishment capabilities with asset-backed developmental finance and insurance competencies for focused vehicle types.