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Alujain (SAU:2170) Days Payable : 19.25 (As of Mar. 2024)


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What is Alujain Days Payable?

Alujain's average Accounts Payable for the three months ended in Mar. 2024 was ﷼84 Mil. Alujain's Cost of Goods Sold for the three months ended in Mar. 2024 was ﷼399 Mil. Hence, Alujain's Days Payable for the three months ended in Mar. 2024 was 19.25.

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

SAU:2170' s Days Payable Range Over the Past 10 Years
Min: 16.64   Med: 53.82   Max: 72.02
Current: 16.64

During the past 13 years, Alujain's highest Days Payable was 72.02. The lowest was 16.64. And the median was 53.82.

SAU:2170's Days Payable is ranked worse than
93.16% of 1506 companies
in the Chemicals industry
Industry Median: 61.065 vs SAU:2170: 16.64

Alujain's Days Payable increased from Mar. 2023 (8.98) to Mar. 2024 (19.25). It may suggest that Alujain delayed paying its suppliers.


Alujain Days Payable Historical Data

The historical data trend for Alujain'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.

Alujain Days Payable Chart

Alujain Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 57.19 53.82 72.02 23.19 18.48

Alujain Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 8.98 10.32 9.92 34.96 19.25

Competitive Comparison of Alujain's Days Payable

For the Specialty Chemicals subindustry, Alujain'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.


Alujain's Days Payable Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Alujain's Days Payable distribution charts can be found below:

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



Alujain 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.

Alujain'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
=( (35.177 + 82.657) / 2 ) / 1163.886*365
=58.917 / 1163.886*365
=18.48

Alujain's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

Days Payable (Q: Mar. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2023 ) + Accounts Payable (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (82.657 + 85.684) / 2 ) / 398.961*365 / 4
=84.1705 / 398.961*365 / 4
=19.25

* 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.


Alujain Days Payable Related Terms

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Alujain (SAU:2170) Business Description

Traded in Other Exchanges
N/A
Address
6807 Othman Bin Affan, Unit No. 6817, Al Ezdihar District, Riyadh, SAU, 12485 - 2523
Alujain Corp is a company that promotes, develops, and invests in industrial projects in the petrochemicals, mining, metals, and energy sectors in the Kingdom of Saudi Arabia. The company operates in two segments: Manufacturing of petrochemical products; and Manufacturing of home-care products. It generates maximum revenue from the Manufacturing of petrochemical products segment.

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