Arabian Food Industries Co (DOMTY) (CAI:DOMT) Days Payable : 13.38 (As of Dec. 2023)

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What is Arabian Food Industries Co (DOMTY) Days Payable?

Arabian Food Industries Co (DOMTY)'s average Accounts Payable for the three months ended in Dec. 2023 was E£279 Mil. Arabian Food Industries Co (DOMTY)'s Cost of Goods Sold for the three months ended in Dec. 2023 was E£1,902 Mil. Hence, Arabian Food Industries Co (DOMTY)'s Days Payable for the three months ended in Dec. 2023 was 13.38.

The historical rank and industry rank for Arabian Food Industries Co (DOMTY)'s Days Payable or its related term are showing as below:

CAI:DOMT' s Days Payable Range Over the Past 10 Years
Min: 14.75 Med: 31.5 Max: 46.86
Current: 14.75

During the past 10 years, Arabian Food Industries Co (DOMTY)'s highest Days Payable was 46.86. The lowest was 14.75. And the median was 31.50.

CAI:DOMT's Days Payable is ranked worse than
91.55% of 1787 companies
in the Consumer Packaged Goods industry
Industry Median: 45.77 vs CAI:DOMT: 14.75

Arabian Food Industries Co (DOMTY)'s Days Payable declined from Dec. 2022 (20.49) to Dec. 2023 (13.38). It may suggest that Arabian Food Industries Co (DOMTY) accelerated paying its suppliers.

Arabian Food Industries Co (DOMTY) Days Payable Historical Data

The historical data trend for Arabian Food Industries Co (DOMTY)'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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Arabian Food Industries Co (DOMTY) Days Payable Chart

Arabian Food Industries Co (DOMTY) Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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41.82

42.73

46.86

27.41

16.13

Arabian Food Industries Co (DOMTY) 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															20.49	15.56	16.05	13.46	13.38

Competitive Comparison of Arabian Food Industries Co (DOMTY)'s Days Payable

For the Packaged Foods subindustry, Arabian Food Industries Co (DOMTY)'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.

Arabian Food Industries Co (DOMTY)'s Days Payable Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Arabian Food Industries Co (DOMTY)'s Days Payable distribution charts can be found below:

* The bar in red indicates where Arabian Food Industries Co (DOMTY)'s Days Payable falls into.

Arabian Food Industries Co (DOMTY) 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.

Arabian Food Industries Co (DOMTY)'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
=	( (229.886	+	293.868)	/	2 )	/	5924.735	*	365
=	261.877					/	5924.735	*	365
=	16.13

Arabian Food Industries Co (DOMTY)'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
=	( (264.086	+	293.868)	/	2 )	/	1902.247	*	365 / 4
=	278.977					/	1902.247	*	365 / 4
=	13.38

Arabian Food Industries Co (DOMTY) Days Payable Related Terms

Thank you for viewing the detailed overview of Arabian Food Industries Co (DOMTY)'s Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Arabian Food Industries Co (DOMTY) (CAI:DOMT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Arabian Food Industries Co (DOMTY) (CAI:DOMT) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

32 c Taha Hussein Street, PO Box 245, Orman, Giza, EGY

Website

https://www.domty.org

Arabian Food Industries Co (DOMTY) is engaged in manufacturing all types of dairy and food products. It operates in three segments namely, Dairy products, Bakery products and Juice products. Maximum revenue is generated by the Dairy products segment. Geographically, the majority of revenue is derived from the local market. The main activities are to manufacture all types of dairy and food products, reclamation and cultivation, the establishment of feed factories, dairy farms, cow breeding and all food industries, production and sale of cheese products, production and sale of juice products, & production and sale of baked goods.

Arabian Food Industries Co (DOMTY) (CAI:DOMT) Headlines

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