Irbid District Electricity (AMM:IREL) Days Payable : 179.48 (As of Dec. 2024)

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What is Irbid District Electricity Days Payable?

Irbid District Electricity's average Accounts Payable for the three months ended in Dec. 2024 was JOD118.7 Mil. Irbid District Electricity's Cost of Goods Sold for the three months ended in Dec. 2024 was JOD60.3 Mil. Hence, Irbid District Electricity's Days Payable for the three months ended in Dec. 2024 was 179.48.

The historical rank and industry rank for Irbid District Electricity's Days Payable or its related term are showing as below:

AMM:IREL' s Days Payable Range Over the Past 10 Years
Min: 126.71 Med: 190.67 Max: 310.36
Current: 155.08

During the past 13 years, Irbid District Electricity's highest Days Payable was 310.36. The lowest was 126.71. And the median was 190.67.

AMM:IREL's Days Payable is ranked better than
77.97% of 472 companies
in the Utilities - Regulated industry
Industry Median: 68.275 vs AMM:IREL: 155.08

Irbid District Electricity's Days Payable increased from Dec. 2023 (157.80) to Dec. 2024 (179.48). It may suggest that Irbid District Electricity delayed paying its suppliers.

Irbid District Electricity Days Payable Historical Data

The historical data trend for Irbid District Electricity'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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Irbid District Electricity Days Payable Chart

Irbid District Electricity Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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180.70

200.64

162.40

108.42

Irbid District Electricity Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Payable	Get a 7-Day Free Trial															157.80	120.65	158.22	154.40	179.48

Competitive Comparison of Irbid District Electricity's Days Payable

For the Utilities - Regulated Electric subindustry, Irbid District Electricity'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.

Irbid District Electricity's Days Payable Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Irbid District Electricity's Days Payable distribution charts can be found below:

* The bar in red indicates where Irbid District Electricity's Days Payable falls into.

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Irbid District Electricity 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.

Irbid District Electricity'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
=	( (74.088	+	0)	/	1 )	/	249.422	*	365
=	74.088					/	249.422	*	365
=	108.42

Irbid District Electricity's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

	Days Payable (Q: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2024 )	+	Accounts Payable (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (118.697	+	0)	/	1 )	/	60.347	*	365 / 4
=	118.697					/	60.347	*	365 / 4
=	179.48

Irbid District Electricity Days Payable Related Terms

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Irbid District Electricity Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Irbid District Electricity (AMM:IREL) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ratib Al Batayneh Street, P.O. Box 46, Irbid Main Building, Irbid, JOR, 21110

Website

https://www.ideco.com.jo

Irbid District Electricity is engaged in the generation, transmission, and distribution of electric power in Jordan. The main activities of the company are to distribute electric power and to provide it to retail customers in the north of Jordan including Irbid, Mafraq, Jerash, and Ajloun.

Irbid District Electricity Headlines

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