East African Cables (NAI:CABL) Days Payable : 266.39 (As of Dec. 2023)

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What is East African Cables Days Payable?

East African Cables's average Accounts Payable for the six months ended in Dec. 2023 was KES1,448 Mil. East African Cables's Cost of Goods Sold for the six months ended in Dec. 2023 was KES992 Mil. Hence, East African Cables's Days Payable for the six months ended in Dec. 2023 was 266.39.

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

NAI:CABL' s Days Payable Range Over the Past 10 Years
Min: 60.13 Med: 119.72 Max: 190.95
Current: 169.24

During the past 13 years, East African Cables's highest Days Payable was 190.95. The lowest was 60.13. And the median was 119.72.

NAI:CABL's Days Payable is ranked better than
81.34% of 2936 companies
in the Industrial Products industry
Industry Median: 76.705 vs NAI:CABL: 169.24

East African Cables's Days Payable increased from Dec. 2022 (55.13) to Dec. 2023 (266.39). It may suggest that East African Cables delayed paying its suppliers.

East African Cables Days Payable Historical Data

The historical data trend for East African Cables'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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East African Cables Days Payable Chart

East African Cables Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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102.15

93.97

94.90

60.13

169.24

East African Cables Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial															96.72	64.54	55.13	57.50	266.39

Competitive Comparison of East African Cables's Days Payable

For the Electrical Equipment & Parts subindustry, East African Cables'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.

East African Cables's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, East African Cables's Days Payable distribution charts can be found below:

* The bar in red indicates where East African Cables's Days Payable falls into.

East African Cables 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.

East African Cables'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
=	( (271.704	+	1447.846)	/	2 )	/	1854.293	*	365
=	859.775					/	1854.293	*	365
=	169.24

East African Cables'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: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (0	+	1447.846)	/	1 )	/	991.887	*	365 / 2
=	1447.846					/	991.887	*	365 / 2
=	266.39

East African Cables Days Payable Related Terms

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East African Cables (NAI:CABL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » East African Cables Ltd (NAI:CABL) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Addis Ababa Road, Industrial Area, P.O. Box 18243, Nairobi, KEN, 00500

Website

http://www.eacables.com

East African Cables Ltd manufactures a range of cables for applications in domestic and industrial lighting, transmission, and distribution of electricity. It also offers data, telecommunication, and fiber optic solutions with requisite accessories. The company's geographical segments include Kenya and Uganda and Tanzania. It generates maximum revenue from Kenya and Uganda region. The company's product portfolio includes Utility Cables; House Wiring Cables; Armoured and Non-Armoured Cables; Automotive Cables; Telecommunication Cables; and others.

East African Cables (NAI:CABL) Headlines

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