Saudi Chemical Co (SAU:2230) Days Payable : 120.28 (As of Dec. 2023)

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What is Saudi Chemical Co Days Payable?

Saudi Chemical Co's average Accounts Payable for the three months ended in Dec. 2023 was ﷼1,578 Mil. Saudi Chemical Co's Cost of Goods Sold for the three months ended in Dec. 2023 was ﷼1,197 Mil. Hence, Saudi Chemical Co's Days Payable for the three months ended in Dec. 2023 was 120.28.

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

SAU:2230' s Days Payable Range Over the Past 10 Years
Min: 110.91 Med: 178.16 Max: 200.03
Current: 121.61

During the past 13 years, Saudi Chemical Co's highest Days Payable was 200.03. The lowest was 110.91. And the median was 178.16.

SAU:2230's Days Payable is ranked better than
67.38% of 975 companies
in the Drug Manufacturers industry
Industry Median: 87.13 vs SAU:2230: 121.61

Saudi Chemical Co's Days Payable increased from Dec. 2022 (110.87) to Dec. 2023 (120.28). It may suggest that Saudi Chemical Co delayed paying its suppliers.

Saudi Chemical Co Days Payable Historical Data

The historical data trend for Saudi Chemical Co'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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Saudi Chemical Co Days Payable Chart

Saudi Chemical Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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200.03

178.16

130.26

110.91

115.80

Saudi Chemical Co 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															110.87	122.49	114.50	135.56	120.28

Competitive Comparison of Saudi Chemical Co's Days Payable

For the Drug Manufacturers - Specialty & Generic subindustry, Saudi Chemical Co'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.

Saudi Chemical Co's Days Payable Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Saudi Chemical Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Saudi Chemical Co's Days Payable falls into.

Saudi Chemical Co 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.

Saudi Chemical Co'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
=	( (1148.417	+	1505.245)	/	2 )	/	4182.187	*	365
=	1326.831					/	4182.187	*	365
=	115.80

Saudi Chemical Co'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
=	( (1650.119	+	1505.245)	/	2 )	/	1196.935	*	365 / 4
=	1577.682					/	1196.935	*	365 / 4
=	120.28

Saudi Chemical Co Days Payable Related Terms

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Saudi Chemical Co (SAU:2230) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Saudi Chemical Co (SAU:2230) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

7632 Al-Ihsa Rd, Al-Malaz, P.O. Box 2665, Riyadh, SAU, 11461

Website

https://www.saudichemical.com

Saudi Chemical Co, along with its subsidiaries, is engaged in the manufacturing and distribution of explosives and their derivatives. Its other business operations include providing technical support services in explosions, wholesale and retail trading in medicines, medical materials and syrups, pharmaceutical preparations, medical and surgical tools and equipment, supplies of hospitals and medical centers, and manufacture of ammonium nitrate. The company operates in three segments: Explosives, Medicines & medical supplies, and Production of Ammonium Nitrate.

Saudi Chemical Co (SAU:2230) Headlines

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