National Cement Co PSC (DFM:NCC) Days Payable

: 41.54 (As of Dec. 2023)

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National Cement Co PSC's average Accounts Payable for the three months ended in Dec. 2023 was د.إ23.2 Mil. National Cement Co PSC's Cost of Goods Sold for the three months ended in Dec. 2023 was د.إ51.0 Mil. Hence, National Cement Co PSC's Days Payable for the three months ended in Dec. 2023 was 41.54.

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

DFM:NCC' s Days Payable Range Over the Past 10 Years
Min: 25.33 Med: 51.15 Max: 168.18
Current: 34.22

During the past 13 years, National Cement Co PSC's highest Days Payable was 168.18. The lowest was 25.33. And the median was 51.15.

DFM:NCC's Days Payable is ranked worse than
80.05% of 371 companies
in the Building Materials industry
Industry Median: 67.69 vs DFM:NCC: 34.22

National Cement Co PSC's Days Payable declined from Dec. 2022 (41.65) to Dec. 2023 (41.54). It may suggest that National Cement Co PSC accelerated paying its suppliers.

National Cement Co PSC Days Payable Historical Data

The historical data trend for National Cement Co PSC'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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National Cement Co PSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

75.35

25.33

39.67

41.62

31.48

National Cement Co PSC Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable																41.65	25.74	27.86	43.50	41.54

Competitive Comparison

For the Building Materials subindustry, National Cement Co PSC'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.

National Cement Co PSC Days Payable Distribution

For the Building Materials industry and Basic Materials sector, National Cement Co PSC's Days Payable distribution charts can be found below:

* The bar in red indicates where National Cement Co PSC's Days Payable falls into.

National Cement Co PSC 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.

National Cement Co PSC'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
=	( (16.767	+	15.965)	/	2 )	/	189.787	*	365
=	16.366					/	189.787	*	365
=	31.48

National Cement Co PSC'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
=	( (30.453	+	15.965)	/	2 )	/	50.978	*	365 / 4
=	23.209					/	50.978	*	365 / 4
=	41.54

National Cement Co PSC Days Payable Related Terms

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National Cement Co PSC (DFM:NCC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » National Cement Co PSC (DFM:NCC) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Sheikh Zayed Road, P.O. Box 4041, Al-Quoz Industrial Area, Dubai, ARE

Website

http://www.nationalcement.ae

National Cement Co PSC is a UAE-based company which manufactures cement and gypsum products. Its product portfolio includes Ordinary Portland Cement, High Sulphate Resisting Portland Cement, Moderate Sulphate Resisting Portland Cement, Portland Blast Furnace Cement, High Slag Portland Blast Cement and White Aggregates. The company serves the UAE and GCC markets with its array of branded cement products. It is involved in manufacturing and supply of Cement and clinker in the United Arab Emirates and the region.

National Cement Co PSC (DFM:NCC) Headlines

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