The National Investor Co (ADX:TNI) Days Payable : 158.73 (As of Jun. 2024)

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What is The National Investor Co Days Payable?

The National Investor Co's average Accounts Payable for the six months ended in Jun. 2024 was د.إ2.23 Mil. The National Investor Co's Cost of Goods Sold for the six months ended in Jun. 2024 was د.إ2.56 Mil. Hence, The National Investor Co's Days Payable for the six months ended in Jun. 2024 was 158.73.

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

ADX:TNI' s Days Payable Range Over the Past 10 Years
Min: 32.82 Med: 49.17 Max: 172.77
Current: 172.77

During the past 12 years, The National Investor Co's highest Days Payable was 172.77. The lowest was 32.82. And the median was 49.17.

ADX:TNI's Days Payable is not ranked
in the Asset Management industry.
Industry Median: 71.83 vs ADX:TNI: 172.77

The National Investor Co's Days Payable increased from Jun. 2023 (141.10) to Jun. 2024 (158.73). It may suggest that The National Investor Co delayed paying its suppliers.

The National Investor Co Days Payable Historical Data

The historical data trend for The National Investor Co'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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The National Investor Co Days Payable Chart

The National Investor Co Annual Data

Trend

Mar14

Mar15

Mar16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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44.34

169.55

123.70

157.22

The National Investor Co Semi-Annual Data
	Mar10	Mar11	Mar14	Mar15	Mar16	Dec17	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Days Payable	Get a 7-Day Free Trial												183.33	89.95	141.10	187.33	158.73

Competitive Comparison of The National Investor Co's Days Payable

For the Asset Management subindustry, The National Investor Co'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.

The National Investor Co's Days Payable Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, The National Investor Co's Days Payable distribution charts can be found below:

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

The National Investor Co 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.

The National Investor Co'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
=	( (1.827	+	2.11)	/	2 )	/	4.57	*	365
=	1.9685					/	4.57	*	365
=	157.22

The National Investor Co's Days Payable for the quarter that ended in Jun. 2024 is calculated as:

	Days Payable (Q: Jun. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
=	( (2.11	+	2.343)	/	2 )	/	2.56	*	365 / 2
=	2.2265					/	2.56	*	365 / 2
=	158.73

The National Investor Co Days Payable Related Terms

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The National Investor Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » The National Investor Co (ADX:TNI) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Al Corniche Tower, P.O. Box 47435, Mezzanine Floor, Abu Dhabi, ARE

Website

http://www.tni.ae

The National Investor Co is an integrated investment and financial services company. Its financial services include asset management, investment banking, private equity, funds, and securities investment, hospitality, third-party real estate, and provision of consultancy. Its segments include Asset Management which manages investment portfolios and funds in regional equities; Merchant Banking provides corporate finance advisory, private placements, public offerings of equity and debt securities, mergers, and acquisitions; and Principal Investments manages and controls all cash related to the group, and all proprietary investments in associates, joint ventures, investments at fair value through profit or loss and other comprehensive income and investment properties.

The National Investor Co Headlines

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