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Affa FoodOG (MUS:SPFI) Days Payable : 58.98 (As of Sep. 2023)


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What is Affa FoodOG Days Payable?

Affa FoodOG's average Accounts Payable for the three months ended in Sep. 2023 was ر.ع5.57 Mil. Affa FoodOG's Cost of Goods Sold for the three months ended in Sep. 2023 was ر.ع8.61 Mil. Hence, Affa FoodOG's Days Payable for the three months ended in Sep. 2023 was 58.98.

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

MUS:SPFI' s Days Payable Range Over the Past 10 Years
Min: 34.86   Med: 61.53   Max: 92.15
Current: 64.36

During the past 13 years, Affa FoodOG's highest Days Payable was 92.15. The lowest was 34.86. And the median was 61.53.

MUS:SPFI's Days Payable is ranked better than
68.27% of 1787 companies
in the Consumer Packaged Goods industry
Industry Median: 45.76 vs MUS:SPFI: 64.36

Affa FoodOG's Days Payable declined from Jun. 2022 (73.83) to Sep. 2023 (58.98). It may suggest that Affa FoodOG accelerated paying its suppliers.


Affa FoodOG Days Payable Historical Data

The historical data trend for Affa FoodOG'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.

Affa FoodOG Days Payable Chart

Affa FoodOG Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 38.10 76.76 92.15 58.76 40.08

Affa FoodOG Quarterly Data
Jun17 Sep17 Dec17 Mar18 Dec18 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Jun23 Sep23
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 73.83 66.82 31.96 57.86 58.98

Competitive Comparison of Affa FoodOG's Days Payable

For the Packaged Foods subindustry, Affa FoodOG'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.


Affa FoodOG's Days Payable Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Affa FoodOG's Days Payable distribution charts can be found below:

* The bar in red indicates where Affa FoodOG's Days Payable falls into.



Affa FoodOG 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.

Affa FoodOG'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
=( (5.441 + 3.984) / 2 ) / 42.916*365
=4.7125 / 42.916*365
=40.08

Affa FoodOG's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

Days Payable (Q: Sep. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2023 ) + Accounts Payable (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (6.904 + 4.226) / 2 ) / 8.61*365 / 4
=5.565 / 8.61*365 / 4
=58.98

* 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.


Affa FoodOG Days Payable Related Terms

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Affa FoodOG (MUS:SPFI) Business Description

Traded in Other Exchanges
N/A
Address
P.O Box 3436, Ruwi, Muscat, OMN, PC 112
A Saffa Food SAOG is an Oman-based company engaged in the manufacturing and distribution of poultry meat. In addition, the company, through its subsidiaries is also involved in the manufacturing and distribution of meat, vegetables and fish products. The products offered by the group include frozen chicken, vegetables, seafood range, fruits and fruit pulps, natural and mineral water, and other related products. The company operates in Oman, and international countries, of which the majority of the revenue is generated within Oman.