Maroc Telecom (XPAR:IAM) Days Payable : 751.72 (As of Dec. 2023)

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What is Maroc Telecom Days Payable?

Maroc Telecom's average Accounts Payable for the six months ended in Dec. 2023 was €1,888 Mil. Maroc Telecom's Cost of Goods Sold for the six months ended in Dec. 2023 was €458 Mil. Hence, Maroc Telecom's Days Payable for the six months ended in Dec. 2023 was 751.72.

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

XPAR:IAM' s Days Payable Range Over the Past 10 Years
Min: 569.94 Med: 764.41 Max: 1256.44
Current: 897.5

During the past 13 years, Maroc Telecom's highest Days Payable was 1256.44. The lowest was 569.94. And the median was 764.41.

XPAR:IAM's Days Payable is ranked better than
96.54% of 347 companies
in the Telecommunication Services industry
Industry Median: 101.41 vs XPAR:IAM: 897.50

Maroc Telecom's Days Payable declined from Dec. 2022 (789.34) to Dec. 2023 (751.72). It may suggest that Maroc Telecom accelerated paying its suppliers.

Maroc Telecom Days Payable Historical Data

The historical data trend for Maroc Telecom'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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Maroc Telecom Days Payable Chart

Maroc Telecom Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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909.09

895.11

619.11

678.95

669.10

Maroc Telecom 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															732.74	1,601.89	789.34	1,520.57	751.72

Competitive Comparison of Maroc Telecom's Days Payable

For the Telecom Services subindustry, Maroc Telecom'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.

Maroc Telecom's Days Payable Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Maroc Telecom's Days Payable distribution charts can be found below:

* The bar in red indicates where Maroc Telecom's Days Payable falls into.

Maroc Telecom 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.

Maroc Telecom'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
=	( (1332.398	+	1206.066)	/	2 )	/	692.374	*	365
=	1269.232					/	692.374	*	365
=	669.10

Maroc Telecom'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
=	( (2569.002	+	1206.066)	/	2 )	/	458.251	*	365 / 2
=	1887.534					/	458.251	*	365 / 2
=	751.72

Maroc Telecom Days Payable Related Terms

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Maroc Telecom (XPAR:IAM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Maroc Telecom SA (XPAR:IAM) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

IAM:Morocco MSPA:Germany

Address

Avenue Annakhil, Hay Riad, Rabat, MAR

Website

https://www.iam.ma

Maroc Telecom SA telecommunications operator in the Kingdom of Morocco. The company provides a wide range of services covering Fixed-Line and Mobile communications, data transfer, and other value-added services. It operates in the Fixed-Line telephony, Mobile telephony and Internet segments. The Fixed-Line and Mobile operating segments are combined within the Services Division (DGS) and the Networks and Systems Division. The company derives majority revenues from Morocco.

Maroc Telecom (XPAR:IAM) Headlines

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