Ghitha Holding PJSC (ADX:GHITHA) Days Payable: 102.64 (As of Mar. 2025)


ADX:GHITHA Ghitha Holding PJSC ADX:GHITHA
64 GF Score
Price د.إ11.88
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What is Ghitha Holding PJSC Days Payable?

Ghitha Holding PJSC ADX:GHITHA +0.85% 64 Days Payable is 102.64 as of Mar. 2025. GuruFocus rates ADX:GHITHA with a GF Score™ of 64/100.

Ghitha Holding PJSC's average Accounts Payable for the three months ended in Mar. 2025 was د.إ1,168 Mil. Ghitha Holding PJSC's Cost of Goods Sold for the three months ended in Mar. 2025 was د.إ1,039 Mil. Hence, Ghitha Holding PJSC's Days Payable for the three months ended in Mar. 2025 was 102.64.

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

ADX:GHITHA's Days Payable is not ranked *
in the Retail - Defensive industry.
Industry Median: 43.26
* Ranked among companies with meaningful Days Payable only.

Ghitha Holding PJSC's Days Payable increased from Mar. 2024 (64.01) to Mar. 2025 (102.64). It may suggest that Ghitha Holding PJSC delayed paying its suppliers.

Ghitha Holding PJSC Days Payable Historical Data

* Premium members only.

The historical data trend for Ghitha 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.

Ghitha Holding PJSC Days Payable Chart

Ghitha Holding PJSC Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Payable
Get a 7-Day Free Trial 57.29 64.82 49.91 53.44 85.56

Ghitha Holding PJSC Quarterly Data
Dec19 Sep20 Dec20 Jun21 Sep21 Dec21 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 64.01 104.87 99.03 98.31 102.64

ADX:GHITHA vs SYY, USFD, PFGC: Days Payable Comparison

For the Food Distribution subindustry, Ghitha 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.

Ghitha Holding PJSC Days Payable vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Ghitha Holding PJSC's Days Payable distribution charts can be found below:

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


ADX:GHITHA
64GF Score
Ghitha Holding PJSC ADX:GHITHA
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Ghitha 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.

Ghitha Holding 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
=( (711.587 + 1159.086) / 2 ) / 3990.353*365
=935.3365 / 3990.353*365
=85.56

Ghitha Holding PJSC's Days Payable for the quarter that ended in Mar. 2025 is calculated as:

Days Payable (Q: Mar. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2024 ) + Accounts Payable (Q: Mar. 2025 )) / count ) / Cost of Goods Sold (Q: Mar. 2025 )*Days in Period
=( (1159.086 + 1177.757) / 2 ) / 1038.741*365 / 4
=1168.4215 / 1038.741*365 / 4
=102.64

* 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 102.64 mean?
Ghitha Holding PJSC (ADX:GHITHA) has a Days Payable of 102.64 as of Mar. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Ghitha Holding PJSC and its competitors.
Is Ghitha Holding PJSC's Days Payable too high?
Ghitha Holding PJSC's current Days Payable is 102.64. The Retail - Defensive industry median Days Payable is 43.26. Ghitha Holding PJSC's value of 102.64 is 137.3% above this industry median. Overall, Ghitha Holding PJSC has a GF Score™ of 64/100, reflecting its overall financial health beyond just this single metric.
How does Ghitha Holding PJSC's Days Payable compare to SYY and USFD?
Ghitha Holding PJSC's Days Payable of 102.64 can be compared against companies in the Retail - Defensive industry. The industry median Days Payable is 43.26. Ghitha Holding PJSC's value of 102.64 is 137.3% 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 Retail - Defensive company?
The median Days Payable among Retail - Defensive companies is 43.26, based on 304 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. Ghitha Holding PJSC's current Days Payable of 102.64 is 137.3% 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 Ghitha Holding PJSC and its competitors. For the Retail - Defensive industry, the median Days Payable is 43.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ghitha Holding PJSC's current Days Payable is 102.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ghitha Holding PJSC stock overvalued right now?
Ghitha Holding PJSC (ADX:GHITHA) has a current Days Payable of 102.64. The current Days Payable is 102.64 and 137.3% above the Retail - Defensive industry median of 43.26. Ghitha Holding PJSC's overall GF Score™ is 64/100. 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 Ghitha Holding PJSC (ADX:GHITHA), the current Days Payable is 102.64 as of Mar. 2025. 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.

Ghitha Holding PJSC Business Description

Address Al Faymah Street, PO Box 53314, Business Avenue Tower, Unit 1501, Al Danah, Abu Dhabi, ARE
Ghitha Holding PJSC is engaged in trading, re-packaging, and distribution of food products. Its segments include Fruits and vegetables, Dairy and protein, Trading and distribution, Edible oil and fats, Investment, and Others. The majority of its revenue is generated from the Dairy and protein segment.
64GF Score

Get the complete analysis for ADX:GHITHA

Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

د.إ11.88
Price