Dar Al Dawa Development and Investment (AMM:DADI) Days Payable : 159.42 (As of Mar. 2024)

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What is Dar Al Dawa Development and Investment Days Payable?

Dar Al Dawa Development and Investment's average Accounts Payable for the three months ended in Mar. 2024 was JOD12.56 Mil. Dar Al Dawa Development and Investment's Cost of Goods Sold for the three months ended in Mar. 2024 was JOD7.19 Mil. Hence, Dar Al Dawa Development and Investment's Days Payable for the three months ended in Mar. 2024 was 159.42.

The historical rank and industry rank for Dar Al Dawa Development and Investment's Days Payable or its related term are showing as below:

AMM:DADI' s Days Payable Range Over the Past 10 Years
Min: 73.33 Med: 87.85 Max: 291.87
Current: 291.87

During the past 13 years, Dar Al Dawa Development and Investment's highest Days Payable was 291.87. The lowest was 73.33. And the median was 87.85.

AMM:DADI's Days Payable is ranked better than
89.08% of 971 companies
in the Drug Manufacturers industry
Industry Median: 88.69 vs AMM:DADI: 291.87

Dar Al Dawa Development and Investment's Days Payable declined from Mar. 2023 (212.91) to Mar. 2024 (159.42). It may suggest that Dar Al Dawa Development and Investment accelerated paying its suppliers.

Dar Al Dawa Development and Investment Days Payable Historical Data

The historical data trend for Dar Al Dawa Development and Investment'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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Dar Al Dawa Development and Investment Days Payable Chart

Dar Al Dawa Development and Investment Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

100.63

107.12

93.30

96.93

87.85

Dar Al Dawa Development and Investment Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															212.91	132.17	-	-	159.42

Competitive Comparison of Dar Al Dawa Development and Investment's Days Payable

For the Drug Manufacturers - Specialty & Generic subindustry, Dar Al Dawa Development and Investment'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.

Dar Al Dawa Development and Investment's Days Payable Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Dar Al Dawa Development and Investment's Days Payable distribution charts can be found below:

* The bar in red indicates where Dar Al Dawa Development and Investment's Days Payable falls into.

Dar Al Dawa Development and Investment 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.

Dar Al Dawa Development and Investment'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
=	( (12.299	+	9.611)	/	2 )	/	45.515	*	365
=	10.955					/	45.515	*	365
=	87.85

Dar Al Dawa Development and Investment's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (9.611	+	15.508)	/	2 )	/	7.189	*	365 / 4
=	12.5595					/	7.189	*	365 / 4
=	159.42

Dar Al Dawa Development and Investment Days Payable Related Terms

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Dar Al Dawa Development and Investment (AMM:DADI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Dar Al Dawa Development and Investment (AMM:DADI) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Naour, P.O. Box 9364, Amman, JOR, 11191

Website

https://www.dadgroup.com

Dar Al Dawa Development and Investment is a pharmaceutical company. The main objectives of the company are to manufacture pharmaceutical, chemical, pharmaceutical, and related products and to import medicines. It offers products in the therapeutic areas of anti-infective, cardiovascular and diabetes, dermatology, eye-ear preparations, gastroenterology and metabolism, genitourinary system and sex hormones, musculoskeletal system, nervous system, ophthalmological/otological, and respiratory system, as well as vitamins. The company's geographical segments are Levant and Iraq, Gulf and Yemen, Africa, and Europe and Asia.

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