Almunajem Foods (SAU:4162) Days Payable : 54.26 (As of Dec. 2023)

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What is Almunajem Foods Days Payable?

Almunajem Foods's average Accounts Payable for the three months ended in Dec. 2023 was ﷼400 Mil. Almunajem Foods's Cost of Goods Sold for the three months ended in Dec. 2023 was ﷼673 Mil. Hence, Almunajem Foods's Days Payable for the three months ended in Dec. 2023 was 54.26.

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

SAU:4162' s Days Payable Range Over the Past 10 Years
Min: 26.66 Med: 47.83 Max: 57.2
Current: 55.07

During the past 4 years, Almunajem Foods's highest Days Payable was 57.20. The lowest was 26.66. And the median was 47.83.

SAU:4162's Days Payable is ranked better than
65.26% of 308 companies
in the Retail - Defensive industry
Industry Median: 43.72 vs SAU:4162: 55.07

Almunajem Foods's Days Payable increased from Dec. 2022 (53.61) to Dec. 2023 (54.26). It may suggest that Almunajem Foods delayed paying its suppliers.

Almunajem Foods Days Payable Historical Data

The historical data trend for Almunajem Foods'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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Almunajem Foods Days Payable Chart

Almunajem Foods Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Payable

26.66

40.34

55.32

57.20

Almunajem Foods Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial								53.61	52.32	61.39	50.81	54.26

Competitive Comparison of Almunajem Foods's Days Payable

For the Food Distribution subindustry, Almunajem Foods'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.

Almunajem Foods's Days Payable Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Almunajem Foods's Days Payable distribution charts can be found below:

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

Almunajem Foods 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.

Almunajem Foods'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
=	( (403.764	+	452.495)	/	2 )	/	2732.096	*	365
=	428.1295					/	2732.096	*	365
=	57.20

Almunajem Foods'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
=	( (347.597	+	452.495)	/	2 )	/	672.711	*	365 / 4
=	400.046					/	672.711	*	365 / 4
=	54.26

Almunajem Foods Days Payable Related Terms

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Almunajem Foods (SAU:4162) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Almunajem Foods (SAU:4162) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

7510 Takhassusi Street, P O Box 1544, North Mathar, Riyadh, SAU, 11441

Website

https://www.almunajemfoods.com

Almunajem Foods is a food company which is engaged in the importation, marketing, and distribution of frozen, chilled, and dry foodstuff. It serves over 18,000 customer outlets including retail, food services, and wholesale channels.

Almunajem Foods (SAU:4162) Headlines

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