Dubai Refreshments PSC (DFM:DRC) Days Payable : 50.65 (As of Dec. 2023)

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What is Dubai Refreshments PSC Days Payable?

Dubai Refreshments PSC's average Accounts Payable for the three months ended in Dec. 2023 was د.إ75.2 Mil. Dubai Refreshments PSC's Cost of Goods Sold for the three months ended in Dec. 2023 was د.إ135.5 Mil. Hence, Dubai Refreshments PSC's Days Payable for the three months ended in Dec. 2023 was 50.65.

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

DFM:DRC' s Days Payable Range Over the Past 10 Years
Min: 35.42 Med: 44.34 Max: 69.85
Current: 49.01

During the past 13 years, Dubai Refreshments PSC's highest Days Payable was 69.85. The lowest was 35.42. And the median was 44.34.

DFM:DRC's Days Payable is ranked worse than
63.89% of 108 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 59.3 vs DFM:DRC: 49.01

Dubai Refreshments PSC's Days Payable increased from Dec. 2022 (46.59) to Dec. 2023 (50.65). It may suggest that Dubai Refreshments PSC delayed paying its suppliers.

Dubai Refreshments PSC Days Payable Historical Data

The historical data trend for Dubai Refreshments PSC'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 Refreshments PSC Days Payable Chart

Dubai Refreshments PSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

37.44

47.31

35.42

36.78

44.73

Dubai Refreshments PSC 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															46.59	49.04	46.63	53.61	50.65

Competitive Comparison of Dubai Refreshments PSC's Days Payable

For the Beverages - Non-Alcoholic subindustry, Dubai Refreshments PSC'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 Refreshments PSC's Days Payable Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Dubai Refreshments PSC's Days Payable distribution charts can be found below:

* The bar in red indicates where Dubai Refreshments PSC's Days Payable falls into.

Dubai Refreshments PSC 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 Refreshments PSC'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
=	( (61.352	+	65.644)	/	2 )	/	518.205	*	365
=	63.498					/	518.205	*	365
=	44.73

Dubai Refreshments PSC'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
=	( (84.716	+	65.644)	/	2 )	/	135.451	*	365 / 4
=	75.18					/	135.451	*	365 / 4
=	50.65

Dubai Refreshments PSC Days Payable Related Terms

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Dubai Refreshments PSC (DFM:DRC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » Dubai Refreshments PSC (DFM:DRC) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Dubai Investment Park 2, Street 49, P.O Box 420, Dubai, ARE

Website

https://www.pepsidrc.com

Dubai Refreshments PSC is operating in the refreshments industry engaged in the canning, bottling, distribution, and trading of soft drinks and related beverages products. The Company is engaged in bottling and selling Pepsi Cola International products in Dubai, Sharjah, and the other Northern Emirates of UAE. The Company also exports Pepsi Cola International products from time to time to foreign countries after obtaining authorization from Pepsi Cola International. The Company holds 7Up and Aquafina bottling and selling rights for the whole of the UAE.

Dubai Refreshments PSC (DFM:DRC) Headlines

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