Al Khaleej Investment PJSC (ADX:KICO) Days Payable : 223.00 (As of Dec. 2024)

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What is Al Khaleej Investment PJSC Days Payable?

Al Khaleej Investment PJSC's average Accounts Payable for the six months ended in Dec. 2024 was د.إ2.32 Mil. Al Khaleej Investment PJSC's Cost of Goods Sold for the six months ended in Dec. 2024 was د.إ1.90 Mil. Hence, Al Khaleej Investment PJSC's Days Payable for the six months ended in Dec. 2024 was 223.00.

The historical rank and industry rank for Al Khaleej Investment PJSC's Days Payable or its related term are showing as below:

ADX:KICO' s Days Payable Range Over the Past 10 Years
Min: 29.08 Med: 57.95 Max: 696.37
Current: 173.68

During the past 12 years, Al Khaleej Investment PJSC's highest Days Payable was 696.37. The lowest was 29.08. And the median was 57.95.

ADX:KICO's Days Payable is ranked better than
66.65% of 1556 companies
in the Real Estate industry
Industry Median: 95.505 vs ADX:KICO: 173.68

Al Khaleej Investment PJSC's Days Payable increased from Dec. 2023 (43.70) to Dec. 2024 (223.00). It may suggest that Al Khaleej Investment PJSC delayed paying its suppliers.

Al Khaleej Investment PJSC Days Payable Historical Data

The historical data trend for Al Khaleej Investment 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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Al Khaleej Investment PJSC Days Payable Chart

Al Khaleej Investment PJSC Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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64.39

59.31

48.28

31.43

29.08

Al Khaleej Investment PJSC Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Dec22	Jun23	Dec23	Jun24	Dec24
Days Payable	Get a 7-Day Free Trial															-	17.25	43.70	272.16	223.00

Competitive Comparison of Al Khaleej Investment PJSC's Days Payable

For the Real Estate Services subindustry, Al Khaleej Investment 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.

Al Khaleej Investment PJSC's Days Payable Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Al Khaleej Investment PJSC's Days Payable distribution charts can be found below:

* The bar in red indicates where Al Khaleej Investment PJSC's Days Payable falls into.

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Al Khaleej Investment 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.

Al Khaleej Investment PJSC's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

	Days Payable (A: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2023 )	+	Accounts Payable (A: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2024 )	*	Days in Period
=	( (0.448	+	0.119)	/	2 )	/	3.558	*	365
=	0.2835					/	3.558	*	365
=	29.08

Al Khaleej Investment PJSC's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

	Days Payable (Q: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2024 )	+	Accounts Payable (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (4.512	+	0.119)	/	2 )	/	1.895	*	365 / 2
=	2.3155					/	1.895	*	365 / 2
=	223.00

Al Khaleej Investment PJSC Days Payable Related Terms

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Al Khaleej Investment PJSC Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Al Khaleej Investment PJSC (ADX:KICO) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

P.O. Box 5662, AI Khaleej Building, Ras Al Khaimah, ARE

Website

https://www.kico.ae

Al Khaleej Investment PJSC is a company whose principal activities are real estate enterprise investment, development, institution and management, detection service for real estate, private fund investment, buildings maintenance, commercial enterprise investment, institution and management. The company operates in two reportable segments Real Estate, and Investments. The majority of the revenue is generated from the real estate segment in the form of rents received.

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