Al Khaleej Investment PJSC (ADX:KICO) Days Payable : 31.44 (As of Dec. 2023)

View and export this data going back to 2009. Start your Free Trial

What is Al Khaleej Investment PJSC Days Payable?

Al Khaleej Investment PJSC's average Accounts Payable for the six months ended in Dec. 2023 was د.إ0.30 Mil. Al Khaleej Investment PJSC's Cost of Goods Sold for the six months ended in Dec. 2023 was د.إ3.49 Mil. Hence, Al Khaleej Investment PJSC's Days Payable for the six months ended in Dec. 2023 was 15.72.

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: 31.44 Med: 61.85 Max: 696.37
Current: 31.44

During the past 11 years, Al Khaleej Investment PJSC's highest Days Payable was 696.37. The lowest was 31.44. And the median was 61.85.

ADX:KICO's Days Payable is ranked worse than
79.44% of 1566 companies
in the Real Estate industry
Industry Median: 96.165 vs ADX:KICO: 31.44

Al Khaleej Investment PJSC's Days Payable declined from Dec. 2021 (59.31) to Dec. 2023 (31.44). It may suggest that Al Khaleej Investment PJSC accelerated 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.

* Premium members only.

Al Khaleej Investment PJSC Days Payable Chart

Al Khaleej Investment PJSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

49.76

64.39

59.31

48.28

31.44

Al Khaleej Investment PJSC Semi-Annual Data
	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23
Days Payable	Get a 7-Day Free Trial						49.76	64.39	59.31	48.28	31.44

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.

Save Embed

;

Save Embed

;

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. 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
=	( (0.153	+	0.448)	/	2 )	/	3.489	*	365
=	0.3005					/	3.489	*	365
=	31.44

Al Khaleej Investment PJSC'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: Dec. 2022 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (0.153	+	0.448)	/	2 )	/	3.489	*	365 / 2
=	0.3005					/	3.489	*	365 / 2
=	15.72

Al Khaleej Investment PJSC Days Payable Related Terms

Thank you for viewing the detailed overview of Al Khaleej Investment PJSC's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

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.

Al Khaleej Investment PJSC Headlines

No Headlines