Oriental Weavers Carpet Co (CAI:ORWE) Days Payable : 53.76 (As of Mar. 2024)

View and export this data going back to 1994. Start your Free Trial

What is Oriental Weavers Carpet Co Days Payable?

Oriental Weavers Carpet Co's average Accounts Payable for the three months ended in Mar. 2024 was E£2,402 Mil. Oriental Weavers Carpet Co's Cost of Goods Sold for the three months ended in Mar. 2024 was E£4,077 Mil. Hence, Oriental Weavers Carpet Co's Days Payable for the three months ended in Mar. 2024 was 53.76.

The historical rank and industry rank for Oriental Weavers Carpet Co's Days Payable or its related term are showing as below:

CAI:ORWE' s Days Payable Range Over the Past 10 Years
Min: 32.27 Med: 40.92 Max: 49.56
Current: 41.61

During the past 13 years, Oriental Weavers Carpet Co's highest Days Payable was 49.56. The lowest was 32.27. And the median was 40.92.

CAI:ORWE's Days Payable is ranked worse than
62.94% of 1020 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 56.16 vs CAI:ORWE: 41.61

Oriental Weavers Carpet Co's Days Payable increased from Mar. 2023 (15.06) to Mar. 2024 (53.76). It may suggest that Oriental Weavers Carpet Co delayed paying its suppliers.

Oriental Weavers Carpet Co Days Payable Historical Data

The historical data trend for Oriental Weavers Carpet 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.

Oriental Weavers Carpet Co Days Payable Chart

Oriental Weavers Carpet Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

41.34

37.49

37.23

32.27

38.39

Oriental Weavers Carpet 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															15.06	28.81	51.45	48.62	53.76

Competitive Comparison of Oriental Weavers Carpet Co's Days Payable

For the Textile Manufacturing subindustry, Oriental Weavers Carpet 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.

Oriental Weavers Carpet Co's Days Payable Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Oriental Weavers Carpet Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Oriental Weavers Carpet Co's Days Payable falls into.

Oriental Weavers Carpet 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.

Oriental Weavers Carpet 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
=	( (1016.637	+	2161.617)	/	2 )	/	15108.839	*	365
=	1589.127					/	15108.839	*	365
=	38.39

Oriental Weavers Carpet 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
=	( (2161.617	+	2641.728)	/	2 )	/	4076.572	*	365 / 4
=	2401.6725					/	4076.572	*	365 / 4
=	53.76

Oriental Weavers Carpet Co Days Payable Related Terms

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

Oriental Weavers Carpet Co (CAI:ORWE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Oriental Weavers Carpet Co (CAI:ORWE) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

Cairo-Ismailia Road, 10th OF Ramadan City Industrial Area A1, Cairo, EGY

Website

https://www.orientalweavers.com

Oriental Weavers Carpet Co is principally engaged in the production and sale of machine-woven carpets and rugs for the residential, commercial, and hospitality industries. The company offers various lines of area rugs, as well as manufactures woven goblins, door, and kitchen rugs, rubber-backed bathroom mats, multilevel textured mats for outdoor applications, and tapestries. The firm also produces custom-made rugs and carpets, contracts to fulfill the carpeting needs of homes, hotels, and offices, and provides related carpet care services. The segments of the group are Woven, where the majority of revenue is derived, Tufted, and Non-woven. In addition to sales made within the country, the company also exports its products to Europe, Africa, America and Canada, Asia, and Arab countries.

Oriental Weavers Carpet Co (CAI:ORWE) Headlines

No Headlines