Douja Promotion Groupe Addoha (CAS:ADH) Days Payable : 303.12 (As of Dec. 2023)

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What is Douja Promotion Groupe Addoha Days Payable?

Douja Promotion Groupe Addoha's average Accounts Payable for the six months ended in Dec. 2023 was MAD1,732 Mil. Douja Promotion Groupe Addoha's Cost of Goods Sold for the six months ended in Dec. 2023 was MAD1,043 Mil. Hence, Douja Promotion Groupe Addoha's Days Payable for the six months ended in Dec. 2023 was 303.12.

The historical rank and industry rank for Douja Promotion Groupe Addoha's Days Payable or its related term are showing as below:

CAS:ADH' s Days Payable Range Over the Past 10 Years
Min: 282.55 Med: 413.91 Max: 884.55
Current: 298.05

During the past 13 years, Douja Promotion Groupe Addoha's highest Days Payable was 884.55. The lowest was 282.55. And the median was 413.91.

CAS:ADH's Days Payable is ranked better than
78.72% of 1579 companies
in the Real Estate industry
Industry Median: 99.69 vs CAS:ADH: 298.05

Douja Promotion Groupe Addoha's Days Payable declined from Dec. 2022 (380.92) to Dec. 2023 (303.12). It may suggest that Douja Promotion Groupe Addoha accelerated paying its suppliers.

Douja Promotion Groupe Addoha Days Payable Historical Data

The historical data trend for Douja Promotion Groupe Addoha'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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Douja Promotion Groupe Addoha Days Payable Chart

Douja Promotion Groupe Addoha Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec21

Dec22

Dec23

Days Payable

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624.61

884.55

598.97

419.00

296.60

Douja Promotion Groupe Addoha Semi-Annual Data
	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial															-	-	380.92	294.49	303.12

Competitive Comparison of Douja Promotion Groupe Addoha's Days Payable

For the Real Estate Services subindustry, Douja Promotion Groupe Addoha'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.

Douja Promotion Groupe Addoha's Days Payable Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Douja Promotion Groupe Addoha's Days Payable distribution charts can be found below:

* The bar in red indicates where Douja Promotion Groupe Addoha's Days Payable falls into.

Douja Promotion Groupe Addoha 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.

Douja Promotion Groupe Addoha'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
=	( (1675.626	+	1733.558)	/	2 )	/	2097.675	*	365
=	1704.592					/	2097.675	*	365
=	296.60

Douja Promotion Groupe Addoha's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (1729.607	+	1733.558)	/	2 )	/	1042.533	*	365 / 2
=	1731.5825					/	1042.533	*	365 / 2
=	303.12

Douja Promotion Groupe Addoha Days Payable Related Terms

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Douja Promotion Groupe Addoha (CAS:ADH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Douja Promotion Groupe Addoha SA (CAS:ADH) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Km 7, Route de Rabat, Ain Sebaa, Casablanca, MAR

Website

http://www.groupeaddoha.com

Douja Promotion Groupe Addoha SA operates in the real estate sector. Its activities include the construction, development, and marketing of real estate properties. It holds an interest in a project such as Casablanca and regions, Rabat and regions, Tangier, Meknes, Oujda and many others. In addition, the group is also involved in providing financing and legal advisory services. Geographically activities are carried out through the region of Morocco.

Douja Promotion Groupe Addoha (CAS:ADH) Headlines

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