ESG Emirates Stallions Group PJSC (ADX:ESG) Days Payable : 287.44 (As of Dec. 2023)

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What is ESG Emirates Stallions Group PJSC Days Payable?

ESG Emirates Stallions Group PJSC's average Accounts Payable for the three months ended in Dec. 2023 was د.إ429.0 Mil. ESG Emirates Stallions Group PJSC's Cost of Goods Sold for the three months ended in Dec. 2023 was د.إ136.2 Mil. Hence, ESG Emirates Stallions Group PJSC's Days Payable for the three months ended in Dec. 2023 was 287.44.

The historical rank and industry rank for ESG Emirates Stallions Group PJSC's Days Payable or its related term are showing as below:

ADX:ESG' s Days Payable Range Over the Past 10 Years
Min: 183.73 Med: 312.79 Max: 435.97
Current: 435.97

During the past 4 years, ESG Emirates Stallions Group PJSC's highest Days Payable was 435.97. The lowest was 183.73. And the median was 312.79.

ADX:ESG's Days Payable is ranked better than
94.01% of 1602 companies
in the Construction industry
Industry Median: 73.785 vs ADX:ESG: 435.97

ESG Emirates Stallions Group PJSC's Days Payable declined from Sep. 2022 (366.60) to Dec. 2023 (287.44). It may suggest that ESG Emirates Stallions Group PJSC accelerated paying its suppliers.

ESG Emirates Stallions Group PJSC Days Payable Historical Data

The historical data trend for ESG Emirates Stallions Group 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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ESG Emirates Stallions Group PJSC Days Payable Chart

ESG Emirates Stallions Group PJSC Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Payable

278.43

183.73

347.15

354.18

ESG Emirates Stallions Group PJSC Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial							366.60	254.47	398.85	271.27	287.44

Competitive Comparison of ESG Emirates Stallions Group PJSC's Days Payable

For the Engineering & Construction subindustry, ESG Emirates Stallions Group 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.

ESG Emirates Stallions Group PJSC's Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, ESG Emirates Stallions Group PJSC's Days Payable distribution charts can be found below:

* The bar in red indicates where ESG Emirates Stallions Group PJSC's Days Payable falls into.

ESG Emirates Stallions Group 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.

ESG Emirates Stallions Group PJSC'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
=	( (309.269	+	548.035)	/	2 )	/	441.746	*	365
=	428.652					/	441.746	*	365
=	354.18

ESG Emirates Stallions Group PJSC'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
=	( (309.974	+	548.035)	/	2 )	/	136.193	*	365 / 4
=	429.0045					/	136.193	*	365 / 4
=	287.44

ESG Emirates Stallions Group PJSC Days Payable Related Terms

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ESG Emirates Stallions Group PJSC (ADX:ESG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » ESG Emirates Stallions Group PJSC (ADX:ESG) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Emirates Stallions Group, The Royal Group Building, PO Box 63811, 5th Floor, Abu Dhabi, ARE

Website

https://www.esguae.com

ESG Emirates Stallions Group PJSC main activities are buying, selling, and dividing plots and real estates, management and leasing of real estate and developing real estate, management services of companies and private institutions, performing technical, commercial, and contracting services. The operating segments of company are Contracting & consultancy, Landscaping & Business process/manpower outsourcing.