Ready Made Clothes (IQS:IRMC) Days Payable: 0.00 (As of . 20)


What is Ready Made Clothes Days Payable?

Ready Made Clothes IQS:IRMC Days Payable is 0.00 as of . 20.

Ready Made Clothes's average Accounts Payable for the three months ended in . 20 was ع.د0.00 Mil. Ready Made Clothes's Cost of Goods Sold for the three months ended in . 20 was ع.د0.00 Mil.

The historical rank and industry rank for Ready Made Clothes's Days Payable or its related term are showing as below:

IQS:IRMC's Days Payable is not ranked *
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 54.045
* Ranked among companies with meaningful Days Payable only.

Ready Made Clothes's Days Payable stayed the same from . 20 (0.00) to . 20 (0.00). stayed the same

Ready Made Clothes Days Payable Historical Data

* Premium members only.

The historical data trend for Ready Made Clothes'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.

Ready Made Clothes Days Payable Chart

Ready Made Clothes Annual Data
Trend
Days Payable

Ready Made Clothes Quarterly Data
Days Payable

Ready Made Clothes Days Payable Competitor Comparison

For the Apparel Manufacturing subindustry, Ready Made Clothes'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.

Ready Made Clothes Days Payable vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Ready Made Clothes's Days Payable distribution charts can be found below:

* The bar in red indicates where Ready Made Clothes's Days Payable falls into.


Ready Made Clothes 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.

Ready Made Clothes's Days Payable for the fiscal year that ended in . 20 is calculated as

Days Payable (A: . 20 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: . 20 ) + Accounts Payable (A: . 20 )) / count ) / Cost of Goods Sold (A: . 20 )*Days in Period
=( ( + ) / 1 ) / *365
=0 / *365
=N/A

Ready Made Clothes's Days Payable for the quarter that ended in . 20 is calculated as:

Days Payable (Q: . 20 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: . 20 ) + Accounts Payable (Q: . 20 )) / count ) / Cost of Goods Sold (Q: . 20 )*Days in Period
=( ( + ) / 1 ) / *365 / 4
=0 / *365 / 4
=N/A

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 0.00 mean?
Ready Made Clothes (IQS:IRMC) has a Days Payable of 0.00 as of . 20. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Ready Made Clothes and its competitors.
Is Ready Made Clothes' Days Payable too high?
Ready Made Clothes' current Days Payable is 0.00.
How does Ready Made Clothes' Days Payable compare to competitors?
Ready Made Clothes' Days Payable of 0.00 can be compared against companies in the Manufacturing - Apparel & Accessories industry. The industry median Days Payable is 54.05. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Manufacturing - Apparel & Accessories company?
The median Days Payable among Manufacturing - Apparel & Accessories companies is 54.05, based on 1,014 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Ready Made Clothes and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Payable is 54.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ready Made Clothes's current Days Payable is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ready Made Clothes stock overvalued right now?
Ready Made Clothes (IQS:IRMC) has a current Days Payable of 0.00. The current Days Payable is 0.00. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Ready Made Clothes (IQS:IRMC), the current Days Payable is 0.00 as of . 20. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Ready Made Clothes Business Description

Address Near MIB, Al-Mahmoudia, Baghdad, IRQ
Ready Made Clothes manufactures cloth and accessories. The company markets its products throughout Iraq.