Orascom Development EgyptE (CAI:ORHD) Days Payable : 15.66 (As of Dec. 2023)

View and export this data going back to 1998. Start your Free Trial

What is Orascom Development EgyptE Days Payable?

Orascom Development EgyptE's average Accounts Payable for the three months ended in Dec. 2023 was E£589 Mil. Orascom Development EgyptE's Cost of Goods Sold for the three months ended in Dec. 2023 was E£3,432 Mil. Hence, Orascom Development EgyptE's Days Payable for the three months ended in Dec. 2023 was 15.66.

The historical rank and industry rank for Orascom Development EgyptE's Days Payable or its related term are showing as below:

CAI:ORHD' s Days Payable Range Over the Past 10 Years
Min: 19.63 Med: 34.14 Max: 47.76
Current: 19.78

During the past 10 years, Orascom Development EgyptE's highest Days Payable was 47.76. The lowest was 19.63. And the median was 34.14.

CAI:ORHD's Days Payable is ranked worse than
91.7% of 470 companies
in the Conglomerates industry
Industry Median: 58.395 vs CAI:ORHD: 19.78

Orascom Development EgyptE's Days Payable declined from Dec. 2022 (19.06) to Dec. 2023 (15.66). It may suggest that Orascom Development EgyptE accelerated paying its suppliers.

Orascom Development EgyptE Days Payable Historical Data

The historical data trend for Orascom Development EgyptE'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.

* Premium members only.

Orascom Development EgyptE Days Payable Chart

Orascom Development EgyptE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

34.06

47.76

47.19

32.54

19.63

Orascom Development EgyptE 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															19.06	25.25	21.27	19.19	15.66

Competitive Comparison of Orascom Development EgyptE's Days Payable

For the Conglomerates subindustry, Orascom Development EgyptE'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.

Orascom Development EgyptE's Days Payable Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Orascom Development EgyptE's Days Payable distribution charts can be found below:

* The bar in red indicates where Orascom Development EgyptE's Days Payable falls into.

Orascom Development EgyptE 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.

Orascom Development EgyptE'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
=	( (542.23	+	586.042)	/	2 )	/	10487.614	*	365
=	564.136					/	10487.614	*	365
=	19.63

Orascom Development EgyptE'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
=	( (591.881	+	586.042)	/	2 )	/	3431.933	*	365 / 4
=	588.9615					/	3431.933	*	365 / 4
=	15.66

Orascom Development EgyptE Days Payable Related Terms

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

Orascom Development EgyptE (CAI:ORHD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Orascom Development Egypt SAE (CAI:ORHD) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Nile City Towers, South Tower, 9th Floor, 2005 A Corniche El Nil, Cairo, EGY, 11221

Website

https://www.orascomde.com

Orascom Development Egypt SAE is engaged in the development of integrated destinations in Egypt including private villas and apartments, hotels, leisure facilities and other supporting infrastructure. Its segments are Hotels, Real estate, Land sales, Town Management and Other Operations. The Hotel segment includes the provision of hospitality services in two to five-star hotels. Its Real-estate and construction segment includes an acquisition of land in undeveloped areas. The Land sales segment includes the sale of land and land rights to others. Town management consists of the provision of facilities and infrastructure services at resorts and towns. The Other segment comprises of rentals from investment properties, mortgages, hospital services, educational services, and other services.

Orascom Development EgyptE (CAI:ORHD) Headlines

No Headlines