MOBI Industry Co (SAU:9517) Days Payable : 36.53 (As of Dec. 2023)

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What is MOBI Industry Co Days Payable?

MOBI Industry Co's average Accounts Payable for the six months ended in Dec. 2023 was ﷼13.0 Mil. MOBI Industry Co's Cost of Goods Sold for the six months ended in Dec. 2023 was ﷼65.2 Mil. Hence, MOBI Industry Co's Days Payable for the six months ended in Dec. 2023 was 36.53.

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

SAU:9517' s Days Payable Range Over the Past 10 Years
Min: 20.42 Med: 30.39 Max: 37.13
Current: 37.13

During the past 7 years, MOBI Industry Co's highest Days Payable was 37.13. The lowest was 20.42. And the median was 30.39.

SAU:9517's Days Payable is ranked worse than
73.42% of 1505 companies
in the Chemicals industry
Industry Median: 61 vs SAU:9517: 37.13

MOBI Industry Co's Days Payable declined from Dec. 2022 (40.06) to Dec. 2023 (36.53). It may suggest that MOBI Industry Co accelerated paying its suppliers.

MOBI Industry Co Days Payable Historical Data

The historical data trend for MOBI Industry 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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MOBI Industry Co Days Payable Chart

MOBI Industry Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

20.42

28.17

34.79

32.60

MOBI Industry Co Semi-Annual Data
	Dec18	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial				34.66	30.32	40.06	42.26	36.53

Competitive Comparison of MOBI Industry Co's Days Payable

For the Chemicals subindustry, MOBI Industry 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.

MOBI Industry Co's Days Payable Distribution in the Chemicals Industry

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

* The bar in red indicates where MOBI Industry Co's Days Payable falls into.

MOBI Industry 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.

MOBI Industry 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
=	( (13.607	+	9.631)	/	2 )	/	130.076	*	365
=	11.619					/	130.076	*	365
=	32.60

MOBI Industry 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: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (16.455	+	9.631)	/	2 )	/	65.166	*	365 / 2
=	13.043					/	65.166	*	365 / 2
=	36.53

MOBI Industry Co Days Payable Related Terms

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MOBI Industry Co (SAU:9517) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » MOBI Industry Co (SAU:9517) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

220 Second Industrial City Street, Riyadh, SAU

Website

https://www.nafkal.com

MOBI Industry Co is a Saudi Arabia based company. The company is engaged in the manufacture of soap in all forms, including (paste, liquid and dry), manufacture of industrial detergents, manufacture of fertilizers and nitrogenous compounds, manufacture of plastics in their primary forms, manufacture of washing and cleaning material and preparations.

MOBI Industry Co (SAU:9517) Headlines

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