Industrial Commercial and Agricultural Co (AMM:ICAG) Days Payable : 46.96 (As of Mar. 2024)

View and export this data going back to 1978. Start your Free Trial

What is Industrial Commercial and Agricultural Co Days Payable?

Industrial Commercial and Agricultural Co's average Accounts Payable for the three months ended in Mar. 2024 was JOD2.88 Mil. Industrial Commercial and Agricultural Co's Cost of Goods Sold for the three months ended in Mar. 2024 was JOD5.61 Mil. Hence, Industrial Commercial and Agricultural Co's Days Payable for the three months ended in Mar. 2024 was 46.96.

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

AMM:ICAG' s Days Payable Range Over the Past 10 Years
Min: 26.07 Med: 43.2 Max: 72.61
Current: 35.87

During the past 13 years, Industrial Commercial and Agricultural Co's highest Days Payable was 72.61. The lowest was 26.07. And the median was 43.20.

AMM:ICAG's Days Payable is ranked worse than
63.09% of 1788 companies
in the Consumer Packaged Goods industry
Industry Median: 46.18 vs AMM:ICAG: 35.87

Industrial Commercial and Agricultural Co's Days Payable increased from Mar. 2023 (23.48) to Mar. 2024 (46.96). It may suggest that Industrial Commercial and Agricultural Co delayed paying its suppliers.

Industrial Commercial and Agricultural Co Days Payable Historical Data

The historical data trend for Industrial Commercial and Agricultural 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.

* Premium members only.

Industrial Commercial and Agricultural Co Days Payable Chart

Industrial Commercial and Agricultural Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

43.09

62.10

43.20

26.07

Industrial Commercial and Agricultural Co 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															23.48	29.27	33.03	31.92	46.96

Competitive Comparison of Industrial Commercial and Agricultural Co's Days Payable

For the Household & Personal Products subindustry, Industrial Commercial and Agricultural 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.

Industrial Commercial and Agricultural Co's Days Payable Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Industrial Commercial and Agricultural Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Industrial Commercial and Agricultural Co's Days Payable falls into.

Industrial Commercial and Agricultural 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.

Industrial Commercial and Agricultural 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
=	( (2.238	+	1.57)	/	2 )	/	26.658	*	365
=	1.904					/	26.658	*	365
=	26.07

Industrial Commercial and Agricultural Co'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
=	( (1.57	+	4.199)	/	2 )	/	5.605	*	365 / 4
=	2.8845					/	5.605	*	365 / 4
=	46.96

Industrial Commercial and Agricultural Co Days Payable Related Terms

Thank you for viewing the detailed overview of Industrial Commercial and Agricultural Co's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Industrial Commercial and Agricultural Co (AMM:ICAG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Industrial Commercial and Agricultural Co Ltd (AMM:ICAG) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Wasfi Al -Tal Street, Real Estate Development Building No.145, PO Box 6066, Amman, JOR, 11118

Website

https://www.ica-jo.com

Industrial Commercial and Agricultural Co Ltd is a Jordan-based company that specializes in the field of chemical industries and personal care items. It exports its products to Saudi Arabia, Iraq, Lebanon, Libya, Algeria, Egypt, Kuwait, Palestine, and other markets. The company has three plants: a cosmetics plant, a Liquid Detergents plant, and a Plastic plant. Its product portfolio includes Neon Detergent, Orval Dish Washing, Super White Detergent, and Zein Soap.

Industrial Commercial and Agricultural Co (AMM:ICAG) Headlines

No Headlines