Anan Investment Holding PJSC (ADX:ANAN) Days Payable: 124.71 (As of Jun. 2019)

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What is Anan Investment Holding PJSC Days Payable?

Anan Investment Holding PJSC ADX:ANAN -0.84% Days Payable is 124.71 as of Jun. 2019.

Anan Investment Holding PJSC's average Accounts Payable for the six months ended in Jun. 2019 was د.إ182 Mil. Anan Investment Holding PJSC's Cost of Goods Sold for the six months ended in Jun. 2019 was د.إ267 Mil. Hence, Anan Investment Holding PJSC's Days Payable for the six months ended in Jun. 2019 was 124.71.

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

ADX:ANAN's Days Payable is not ranked *
in the Real Estate industry.
Industry Median: 94.205
* Ranked among companies with meaningful Days Payable only.

Anan Investment Holding PJSC's Days Payable increased from Jun. 2018 (1.75) to Jun. 2019 (124.71). It may suggest that Anan Investment Holding PJSC delayed paying its suppliers.

Anan Investment Holding PJSC Days Payable Historical Data

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The historical data trend for Anan Investment 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.

Anan Investment Holding PJSC Days Payable Chart

Anan Investment Holding PJSC Annual Data
Trend Dec17 Dec18
Days Payable
1,367.28 37.72

Anan Investment Holding PJSC Semi-Annual Data
Dec17 Jun18 Dec18 Jun19
Days Payable 0.00 1.75 55.86 124.71

Anan Investment Holding PJSC Days Payable Competitor Comparison

For the Real Estate - Development subindustry, Anan Investment 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.

Anan Investment Holding PJSC Days Payable vs Real Estate Industry

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

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


Anan Investment 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.

Anan Investment Holding PJSC's Days Payable for the fiscal year that ended in Dec. 2018 is calculated as

Days Payable (A: Dec. 2018 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2017 ) + Accounts Payable (A: Dec. 2018 )) / count ) / Cost of Goods Sold (A: Dec. 2018 )*Days in Period
=( (2.33 + 147.617) / 2 ) / 725.571*365
=74.9735 / 725.571*365
=37.72

Anan Investment Holding PJSC's Days Payable for the quarter that ended in Jun. 2019 is calculated as:

Days Payable (Q: Jun. 2019 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2018 ) + Accounts Payable (Q: Jun. 2019 )) / count ) / Cost of Goods Sold (Q: Jun. 2019 )*Days in Period
=( (147.617 + 216.809) / 2 ) / 266.655*365 / 2
=182.213 / 266.655*365 / 2
=124.71

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 124.71 mean?
Anan Investment Holding PJSC (ADX:ANAN) has a Days Payable of 124.71 as of Jun. 2019. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Anan Investment Holding PJSC and its competitors.
Is Anan Investment Holding PJSC's Days Payable too high?
Anan Investment Holding PJSC's current Days Payable is 124.71. The Real Estate industry median Days Payable is 94.21. Anan Investment Holding PJSC's value of 124.71 is 32.4% above this industry median.
How does Anan Investment Holding PJSC's Days Payable compare to competitors?
Anan Investment Holding PJSC's Days Payable of 124.71 can be compared against companies in the Real Estate industry. The industry median Days Payable is 94.21. Anan Investment Holding PJSC's value of 124.71 is 32.4% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Real Estate company?
The median Days Payable among Real Estate companies is 94.21, based on 1,568 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Anan Investment Holding PJSC's current Days Payable of 124.71 is 32.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Anan Investment Holding PJSC and its competitors. For the Real Estate industry, the median Days Payable is 94.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Anan Investment Holding PJSC's current Days Payable is 124.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Anan Investment Holding PJSC stock overvalued right now?
Anan Investment Holding PJSC (ADX:ANAN) has a current Days Payable of 124.71. The current Days Payable is 124.71 and 32.4% above the Real Estate industry median of 94.21. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Anan Investment Holding PJSC (ADX:ANAN), the current Days Payable is 124.71 as of Jun. 2019. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Anan Investment Holding PJSC Business Description

Address Kan'ad Street, Zone 1, Fotouh Al Khair Center, Tower No. 1, Floor No. 0, Office No. 2, Abu Dhabi, ARE
Anan Investment Holding PJSC is engaged in developing, investing in, and managing real estate properties. The company's operations are focused on real estate development. investment and marketing in various sectors, including tourism, industry, and others. Its project profile includes Wahat Alzaweya, Aryaf, Nasayem, Shamma Centre, Waha Living, Marya Boutique, and others.