Nass BSC (BAH:NASS) Days Payable : 41.03 (As of Dec. 2023)

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What is Nass BSC Days Payable?

Nass BSC's average Accounts Payable for the three months ended in Dec. 2023 was BHD23.2 Mil. Nass BSC's Cost of Goods Sold for the three months ended in Dec. 2023 was BHD51.6 Mil. Hence, Nass BSC's Days Payable for the three months ended in Dec. 2023 was 41.03.

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

BAH:NASS' s Days Payable Range Over the Past 10 Years
Min: 51.34 Med: 58.01 Max: 68.69
Current: 51.34

During the past 13 years, Nass BSC's highest Days Payable was 68.69. The lowest was 51.34. And the median was 58.01.

BAH:NASS's Days Payable is ranked worse than
69.58% of 1604 companies
in the Construction industry
Industry Median: 74.12 vs BAH:NASS: 51.34

Nass BSC's Days Payable declined from Dec. 2022 (63.83) to Dec. 2023 (41.03). It may suggest that Nass BSC accelerated paying its suppliers.

Nass BSC Days Payable Historical Data

The historical data trend for Nass BSC'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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Nass BSC Days Payable Chart

Nass BSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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56.74

56.17

68.69

63.95

59.27

Nass BSC Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															63.83	64.17	52.66	45.50	41.03

Competitive Comparison of Nass BSC's Days Payable

For the Engineering & Construction subindustry, Nass BSC'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.

Nass BSC's Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, Nass BSC's Days Payable distribution charts can be found below:

* The bar in red indicates where Nass BSC's Days Payable falls into.

Nass BSC 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.

Nass BSC'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
=	( (22.398	+	27.21)	/	2 )	/	152.74	*	365
=	24.804					/	152.74	*	365
=	59.27

Nass BSC'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: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (19.171	+	27.21)	/	2 )	/	51.575	*	365 / 4
=	23.1905					/	51.575	*	365 / 4
=	41.03

Nass BSC Days Payable Related Terms

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Nass BSC (BAH:NASS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Nass Corp BSC (BAH:NASS) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

P.O. Box 669, Manama, BHR

Website

http://www.nasscorporation.com

Nass Corp BSC is engaged in civil engineering, mechanical and electrical contracting, and the manufacture and supply of manpower to related contracting activities. it is also involved in the sale of ready-mixed concrete, ice blocks, spare parts, foodstuff, and general trading and undertakes contracts relating to precast concrete and water supply. The company's segment includes Construction and allied activities and Trading activities. It generates maximum revenue from the Construction and allied activities segment.

Nass BSC (BAH:NASS) Headlines

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