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Zara Investment (Holding) Co (AMM:ZARA) Days Payable : 46.77 (As of Dec. 2024)


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What is Zara Investment (Holding) Co Days Payable?

Zara Investment (Holding) Co's average Accounts Payable for the three months ended in Dec. 2024 was JOD5.46 Mil. Zara Investment (Holding) Co's Cost of Goods Sold for the three months ended in Dec. 2024 was JOD10.66 Mil. Hence, Zara Investment (Holding) Co's Days Payable for the three months ended in Dec. 2024 was 46.77.

The historical rank and industry rank for Zara Investment (Holding) Co's Days Payable or its related term are showing as below:

AMM:ZARA' s Days Payable Range Over the Past 10 Years
Min: 38.9   Med: 42.27   Max: 71.78
Current: 50.99

During the past 13 years, Zara Investment (Holding) Co's highest Days Payable was 71.78. The lowest was 38.90. And the median was 42.27.

AMM:ZARA's Days Payable is ranked worse than
54.24% of 754 companies
in the Travel & Leisure industry
Industry Median: 57.025 vs AMM:ZARA: 50.99

Zara Investment (Holding) Co's Days Payable declined from Dec. 2023 (46.82) to Dec. 2024 (46.77). It may suggest that Zara Investment (Holding) Co accelerated paying its suppliers.


Zara Investment (Holding) Co Days Payable Historical Data

The historical data trend for Zara Investment (Holding) 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.

Zara Investment (Holding) Co Days Payable Chart

Zara Investment (Holding) Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 71.78 59.21 41.95 38.90 44.52

Zara Investment (Holding) Co 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 46.82 58.69 52.76 44.95 46.77

Competitive Comparison of Zara Investment (Holding) Co's Days Payable

For the Lodging subindustry, Zara Investment (Holding) 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.


Zara Investment (Holding) Co's Days Payable Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Zara Investment (Holding) Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Zara Investment (Holding) Co's Days Payable falls into.


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Zara Investment (Holding) 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.

Zara Investment (Holding) Co'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
=( (5.463 + 0) / 1 ) / 44.789*365
=5.463 / 44.789*365
=44.52

Zara Investment (Holding) Co'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
=( (5.463 + 0) / 1 ) / 10.659*365 / 4
=5.463 / 10.659*365 / 4
=46.77

* 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.


Zara Investment (Holding) Co Days Payable Related Terms

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Zara Investment (Holding) Co Business Description

Traded in Other Exchanges
N/A
Address
Hussein Bin Ali Street, P.O.Box 5315, Astra Building Wadi Saqra, Amman, JOR, 11183
Zara Investment (Holding) Co Ltd is the owner of luxury 5-star hotels in Jordan with strategic locations in Amman, Dead Sea, Petra, and Aqaba. Zara owns seven 5-star hotels with a combined total of more than 2000 rooms. The hotels include Grand Hyatt Amman, Intercontinental Jordan, Movenpick Resort Petra, Zara Spa and The Movenpick Nabatean Castle.

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