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Alpha Dhabi Holding PJSC (ADX:ALPHADHABI) Days Payable : 223.50 (As of Sep. 2023)


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What is Alpha Dhabi Holding PJSC Days Payable?

Alpha Dhabi Holding PJSC's average Accounts Payable for the three months ended in Sep. 2023 was د.إ20,160 Mil. Alpha Dhabi Holding PJSC's Cost of Goods Sold for the three months ended in Sep. 2023 was د.إ8,231 Mil. Hence, Alpha Dhabi Holding PJSC's Days Payable for the three months ended in Sep. 2023 was 223.50.

The historical rank and industry rank for Alpha Dhabi Holding PJSC's Days Payable or its related term are showing as below:

ADX:ALPHADHABI' s Days Payable Range Over the Past 10 Years
Min: 174.38   Med: 204.7   Max: 269.1
Current: 208.05

During the past 3 years, Alpha Dhabi Holding PJSC's highest Days Payable was 269.10. The lowest was 174.38. And the median was 204.70.

ADX:ALPHADHABI's Days Payable is ranked better than
89.13% of 469 companies
in the Conglomerates industry
Industry Median: 58.24 vs ADX:ALPHADHABI: 208.05

Alpha Dhabi Holding PJSC's Days Payable declined from Sep. 2022 (228.84) to Sep. 2023 (223.50). It may suggest that Alpha Dhabi Holding PJSC accelerated paying its suppliers.


Alpha Dhabi Holding PJSC Days Payable Historical Data

The historical data trend for Alpha Dhabi Holding PJSC'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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Alpha Dhabi Holding PJSC Days Payable Chart

Alpha Dhabi Holding PJSC Annual Data
Trend Dec20 Dec21 Dec22
Days Payable
269.10 174.38 204.70

Alpha Dhabi Holding PJSC Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 228.84 186.48 197.11 244.13 223.50

Competitive Comparison of Alpha Dhabi Holding PJSC's Days Payable

For the Conglomerates subindustry, Alpha Dhabi Holding PJSC'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.


Alpha Dhabi Holding PJSC's Days Payable Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Alpha Dhabi Holding PJSC's Days Payable distribution charts can be found below:

* The bar in red indicates where Alpha Dhabi Holding PJSC's Days Payable falls into.



Alpha Dhabi Holding PJSC 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.

Alpha Dhabi Holding PJSC'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
=( (9914.951 + 24084.827) / 2 ) / 30312.28*365
=16999.889 / 30312.28*365
=204.70

Alpha Dhabi Holding PJSC'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
=( (19641.382 + 20679.231) / 2 ) / 8230.927*365 / 4
=20160.3065 / 8230.927*365 / 4
=223.50

* 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.


Alpha Dhabi Holding PJSC Days Payable Related Terms

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Alpha Dhabi Holding PJSC (ADX:ALPHADHABI) Business Description

Traded in Other Exchanges
N/A
Address
108, Al Muntazah Street, Office 1003, Level 10, TwoFour54 Building 6, P.O. Box 111059, Adjacent Park Rotana Hotel, Abu Dhabi, ARE
Alpha Dhabi Holding PJSC is an investment holding company in the UAE. It invests in five major verticals namely industrials, which relates to the providing of dredging and associated land reclamation works; healthcare, which includes hospital and medical laboratory management services and laboratory diagnostic services; Construction segment provides contracting services relating to saleable and residential buildings, infrastructure development and civil construction works; Real estate, which includes rental income from properties and income from investment in real estate companies or sale of real estate; and Services, which comprise management services, hospitality income as well as a variety of smaller ancillary activities. It generates the majority of its revenue from the UAE.

Alpha Dhabi Holding PJSC (ADX:ALPHADHABI) Headlines

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