Jordan Masaken for Land and Industrial Development Projects (AMM:MSKN) Days Payable : 14.04 (As of Mar. 2024)

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What is Jordan Masaken for Land and Industrial Development Projects Days Payable?

Jordan Masaken for Land and Industrial Development Projects's average Accounts Payable for the three months ended in Mar. 2024 was JOD0.01 Mil. Jordan Masaken for Land and Industrial Development Projects's Cost of Goods Sold for the three months ended in Mar. 2024 was JOD0.05 Mil. Hence, Jordan Masaken for Land and Industrial Development Projects's Days Payable for the three months ended in Mar. 2024 was 14.04.

The historical rank and industry rank for Jordan Masaken for Land and Industrial Development Projects's Days Payable or its related term are showing as below:

AMM:MSKN' s Days Payable Range Over the Past 10 Years
Min: 18.11 Med: 166.91 Max: 343.53
Current: 18.11

During the past 13 years, Jordan Masaken for Land and Industrial Development Projects's highest Days Payable was 343.53. The lowest was 18.11. And the median was 166.91.

AMM:MSKN's Days Payable is ranked worse than
88.47% of 1578 companies
in the Real Estate industry
Industry Median: 99.725 vs AMM:MSKN: 18.11

Jordan Masaken for Land and Industrial Development Projects's Days Payable declined from Mar. 2023 (28.24) to Mar. 2024 (14.04). It may suggest that Jordan Masaken for Land and Industrial Development Projects accelerated paying its suppliers.

Jordan Masaken for Land and Industrial Development Projects Days Payable Historical Data

The historical data trend for Jordan Masaken for Land and Industrial Development Projects'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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Jordan Masaken for Land and Industrial Development Projects Days Payable Chart

Jordan Masaken for Land and Industrial Development Projects Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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176.21

252.61

68.10

31.87

32.91

Jordan Masaken for Land and Industrial Development Projects 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															28.24	19.21	2.98	-	14.04

Competitive Comparison of Jordan Masaken for Land and Industrial Development Projects's Days Payable

For the Real Estate Services subindustry, Jordan Masaken for Land and Industrial Development Projects'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.

Jordan Masaken for Land and Industrial Development Projects's Days Payable Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Jordan Masaken for Land and Industrial Development Projects's Days Payable distribution charts can be found below:

* The bar in red indicates where Jordan Masaken for Land and Industrial Development Projects's Days Payable falls into.

Jordan Masaken for Land and Industrial Development Projects 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.

Jordan Masaken for Land and Industrial Development Projects'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
=	( (0.011	+	0)	/	1 )	/	0.122	*	365
=	0.011					/	0.122	*	365
=	32.91

Jordan Masaken for Land and Industrial Development Projects'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
=	( (0	+	0.008)	/	1 )	/	0.052	*	365 / 4
=	0.008					/	0.052	*	365 / 4
=	14.04

Jordan Masaken for Land and Industrial Development Projects Days Payable Related Terms

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Jordan Masaken for Land and Industrial Development Projects (AMM:MSKN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Jordan Masaken for Land and Industrial Development Projects (AMM:MSKN) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

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Address

Al Madina Al Munawwarah Street, P.O.Box 5821, 5th Floor, Suit 504, Masaken 1 complex, Amman, JOR, 11953

Website

https://www.masaken.jo

Jordan Masaken for Land and Industrial Development Projects operates in the real estate sector. The company's main activities are Land acquisitions in the Kingdom of Jordon with a view to either develop or make the plots infrastructure enabled and sell, Develop the plots into residential housing. It is also engaged in building a diversified portfolio of assets in various sectors. Jordan Masaken offers luxurious, spacious office spaces, outstanding designs, and ample parking spaces.

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