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Emirates Integrated Telecommunications Co PJSC (DFM:DU) Days Payable : 135.86 (As of Mar. 2024)


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What is Emirates Integrated Telecommunications Co PJSC Days Payable?

Emirates Integrated Telecommunications Co PJSC's average Accounts Payable for the three months ended in Mar. 2024 was د.إ2,114 Mil. Emirates Integrated Telecommunications Co PJSC's Cost of Goods Sold for the three months ended in Mar. 2024 was د.إ1,420 Mil. Hence, Emirates Integrated Telecommunications Co PJSC's Days Payable for the three months ended in Mar. 2024 was 135.86.

The historical rank and industry rank for Emirates Integrated Telecommunications Co PJSC's Days Payable or its related term are showing as below:

DFM:DU' s Days Payable Range Over the Past 10 Years
Min: 80.79   Med: 116.45   Max: 176.77
Current: 176.77

During the past 13 years, Emirates Integrated Telecommunications Co PJSC's highest Days Payable was 176.77. The lowest was 80.79. And the median was 116.45.

DFM:DU's Days Payable is ranked better than
73.99% of 346 companies
in the Telecommunication Services industry
Industry Median: 101.86 vs DFM:DU: 176.77

Emirates Integrated Telecommunications Co PJSC's Days Payable increased from Mar. 2023 (101.73) to Mar. 2024 (135.86). It may suggest that Emirates Integrated Telecommunications Co PJSC delayed paying its suppliers.


Emirates Integrated Telecommunications Co PJSC Days Payable Historical Data

The historical data trend for Emirates Integrated Telecommunications Co 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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Emirates Integrated Telecommunications Co PJSC Days Payable Chart

Emirates Integrated Telecommunications Co PJSC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 91.12 94.29 108.42 119.82 113.08

Emirates Integrated Telecommunications Co PJSC Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 101.73 338.93 476.92 101.92 135.86

Competitive Comparison of Emirates Integrated Telecommunications Co PJSC's Days Payable

For the Telecom Services subindustry, Emirates Integrated Telecommunications Co 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.


Emirates Integrated Telecommunications Co PJSC's Days Payable Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Emirates Integrated Telecommunications Co PJSC's Days Payable distribution charts can be found below:

* The bar in red indicates where Emirates Integrated Telecommunications Co PJSC's Days Payable falls into.



Emirates Integrated Telecommunications Co 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.

Emirates Integrated Telecommunications Co 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
=( (2087.312 + 2135.354) / 2 ) / 6814.807*365
=2111.333 / 6814.807*365
=113.08

Emirates Integrated Telecommunications Co PJSC's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

Days Payable (Q: Mar. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2023 ) + Accounts Payable (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (2135.354 + 2092.136) / 2 ) / 1419.652*365 / 4
=2113.745 / 1419.652*365 / 4
=135.86

* 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.


Emirates Integrated Telecommunications Co PJSC Days Payable Related Terms

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Emirates Integrated Telecommunications Co PJSC (DFM:DU) Business Description

Traded in Other Exchanges
N/A
Address
Al Salam Tower, Dubai Media City, P.O. Box 502666, Dubai, ARE
Emirates Integrated Telecommunications Co PJSC is a telecommunication service provider. The company provides telecommunications and entertainment services to customers in the UAE. It is organized into four business segments: Mobile, Fixed, Wholesale, and Others Segment. Mobile Segment, which derives the company's revenue, offers mobility services to the enterprise and consumer market; the Fixed Segment provides wireline services; Wholesale Segment provides voice and data services to national and international carriers and operators, and Others include broadcasting services, international roaming, site sharing, etc.

Emirates Integrated Telecommunications Co PJSC (DFM:DU) Headlines

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