Dubai Investments PJSC (DFM:DIC) Days Payable : 247.35 (As of Dec. 2023)

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What is Dubai Investments PJSC Days Payable?

Dubai Investments PJSC's average Accounts Payable for the three months ended in Dec. 2023 was د.إ1,271 Mil. Dubai Investments PJSC's Cost of Goods Sold for the three months ended in Dec. 2023 was د.إ469 Mil. Hence, Dubai Investments PJSC's Days Payable for the three months ended in Dec. 2023 was 247.35.

The historical rank and industry rank for Dubai Investments PJSC's Days Payable or its related term are showing as below:

DFM:DIC' s Days Payable Range Over the Past 10 Years
Min: 91.75 Med: 105.04 Max: 243.54
Current: 243.54

During the past 13 years, Dubai Investments PJSC's highest Days Payable was 243.54. The lowest was 91.75. And the median was 105.04.

DFM:DIC's Days Payable is ranked better than
91.88% of 468 companies
in the Conglomerates industry
Industry Median: 58.265 vs DFM:DIC: 243.54

Dubai Investments PJSC's Days Payable increased from Dec. 2022 (242.63) to Dec. 2023 (247.35). It may suggest that Dubai Investments PJSC delayed paying its suppliers.

Dubai Investments PJSC Days Payable Historical Data

The historical data trend for Dubai Investments PJSC'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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Dubai Investments PJSC Days Payable Chart

Dubai Investments PJSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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136.64

135.79

100.42

102.00

92.39

Dubai Investments PJSC Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															242.63	203.67	353.19	318.27	247.35

Competitive Comparison of Dubai Investments PJSC's Days Payable

For the Conglomerates subindustry, Dubai Investments PJSC'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.

Dubai Investments PJSC's Days Payable Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Dubai Investments PJSC's Days Payable distribution charts can be found below:

* The bar in red indicates where Dubai Investments PJSC's Days Payable falls into.

Dubai Investments PJSC 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.

Dubai Investments PJSC'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
=	( (490.899	+	544.434)	/	2 )	/	2045.011	*	365
=	517.6665					/	2045.011	*	365
=	92.39

Dubai Investments PJSC'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: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (1997.5	+	544.434)	/	2 )	/	468.878	*	365 / 4
=	1270.967					/	468.878	*	365 / 4
=	247.35

Dubai Investments PJSC Days Payable Related Terms

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Dubai Investments PJSC (DFM:DIC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Dubai Investments PJSC (DFM:DIC) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Dubai Investments Park, P.O. Box 28171, Jebel Ali, Dubai, ARE

Website

http://www.dubaiinvestments.com

Dubai Investments PJSC is an investment company with a focus in real estate, manufacturing, industrial, and financial investments across the Middle East. The operations are divided into three segments: The property segment develops real estate for sale and leasing. The manufacturing, contracting, and Services segment manufactures and sells materials used in construction projects, executing construction contracts, production of raw and architectural glass, pharmaceutical products, cooling services, production, aluminium extruded products, laboratory furniture, healthcare, and education. The investments segment includes strategic minority investments in associates, investment banking, asset management and financial investments.

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