African Sun (XZIM:ASUN.ZW) Days Payable : 157.03 (As of Dec. 2022)

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What is African Sun Days Payable?

African Sun's average Accounts Payable for the six months ended in Dec. 2022 was ZWL5,385 Mil. African Sun's Cost of Goods Sold for the six months ended in Dec. 2022 was ZWL6,258 Mil. Hence, African Sun's Days Payable for the six months ended in Dec. 2022 was 157.03.

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

XZIM:ASUN.ZW's Days Payable is not ranked ^*
in the Travel & Leisure industry.
Industry Median: 57.87
* Ranked among companies with meaningful Days Payable only.

African Sun's Days Payable increased from Dec. 2021 (38.16) to Dec. 2022 (157.03). It may suggest that African Sun delayed paying its suppliers.

African Sun Days Payable Historical Data

The historical data trend for African Sun'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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African Sun Days Payable Chart

African Sun Annual Data

Trend

Sep09

Sep11

Sep12

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

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4,606.71

179.31

252.44

53.32

163.32

African Sun Semi-Annual Data
	Sep09	Mar11	Sep11	Mar12	Sep12	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22
Days Payable	Get a 7-Day Free Trial									135.06	163.39	38.16	161.97	157.03

Competitive Comparison of African Sun's Days Payable

For the Lodging subindustry, African Sun'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.

African Sun's Days Payable Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, African Sun's Days Payable distribution charts can be found below:

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

African Sun 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.

African Sun'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
=	( (589.865	+	7138.537)	/	2 )	/	8635.774	*	365
=	3864.201					/	8635.774	*	365
=	163.32

African Sun'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: Jun. 2022 )	+	Accounts Payable (Q: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2022 )	*	Days in Period
=	( (3630.719	+	7138.537)	/	2 )	/	6257.983	*	365 / 2
=	5384.628					/	6257.983	*	365 / 2
=	157.03

African Sun Days Payable Related Terms

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

African Sun (XZIM:ASUN.ZW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » African Sun Ltd (XZIM:ASUN.ZW) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

870 Endeavour Crescent off Norfolk Road, Bally House, P.O. Box CY 1211, Mount Pleasant Business Park, Causeway, Harare, ZWE

Website

https://www.africansunhotels.com

African Sun Ltd is a hotel investment company. It manages hotel operations in Zimbabwe. The company has five segments namely, Resort Hotels, City and Country Hotels, Victoria Falls Hotel Partnership, Sun Leisure and Real Estate and Others. It generates the majority of its revenue from the City and Country Hotels segment.

African Sun (XZIM:ASUN.ZW) Headlines

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