Ariston Holdings (XZIM:ARIS.ZW) Days Payable : 35.91 (As of Sep. 2023)

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What is Ariston Holdings Days Payable?

Ariston Holdings's average Accounts Payable for the six months ended in Sep. 2023 was ZWL8,358 Mil. Ariston Holdings's Cost of Goods Sold for the six months ended in Sep. 2023 was ZWL42,480 Mil. Hence, Ariston Holdings's Days Payable for the six months ended in Sep. 2023 was 35.91.

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

XZIM:ARIS.ZW' s Days Payable Range Over the Past 10 Years
Min: 24.63 Med: 77.22 Max: 2865.62
Current: 60.68

During the past 9 years, Ariston Holdings's highest Days Payable was 2865.62. The lowest was 24.63. And the median was 77.22.

XZIM:ARIS.ZW's Days Payable is ranked better than
64.77% of 1788 companies
in the Consumer Packaged Goods industry
Industry Median: 46.18 vs XZIM:ARIS.ZW: 60.68

Ariston Holdings's Days Payable increased from Sep. 2022 (13.69) to Sep. 2023 (35.91). It may suggest that Ariston Holdings delayed paying its suppliers.

Ariston Holdings Days Payable Historical Data

The historical data trend for Ariston Holdings'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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Ariston Holdings Days Payable Chart

Ariston Holdings Annual Data

Trend

Sep09

Sep11

Sep12

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Days Payable

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28.25

72.02

24.63

25.92

82.42

Ariston Holdings Semi-Annual Data
	Mar11	Sep11	Mar12	Sep12	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Payable	Get a 7-Day Free Trial										15.84	27.38	13.69	300.62	35.91

Competitive Comparison of Ariston Holdings's Days Payable

For the Farm Products subindustry, Ariston Holdings'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.

Ariston Holdings's Days Payable Distribution in the Consumer Packaged Goods Industry

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

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

Ariston Holdings 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.

Ariston Holdings'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
=	( (5644.288	+	14604.345)	/	2 )	/	44833.736	*	365
=	10124.3165					/	44833.736	*	365
=	82.42

Ariston Holdings'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
=	( (2110.979	+	14604.345)	/	2 )	/	42479.699	*	365 / 2
=	8357.662					/	42479.699	*	365 / 2
=	35.91

Ariston Holdings Days Payable Related Terms

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Ariston Holdings (XZIM:ARIS.ZW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Ariston Holdings Ltd (XZIM:ARIS.ZW) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

18 Coghlan Road, P. O. Box 4019 , Greendale, Harare, ZWE

Website

http://www.ariston.co.zw

Ariston Holdings Ltd is an agro-industrial company. Its principal activities are farming operations which include, tea, macadamia nuts, horticulture, deciduous fruits, fishery, and poultry. The company is organized into three operating divisions. The Southdown Estates division is engaged in the growing and manufacturing of tea, macadamia nuts, avocados, potatoes, and bananas as well as generates maximum revenue. Claremont Estate division is engaged in the growing of pome and stone fruit, passion fruit, and potatoes. Kent Estate division engages in the growing of horticultural crops, and the rearing of poultry and livestock.

Ariston Holdings (XZIM:ARIS.ZW) Headlines

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