Al Fajar AL Alamia CoOG (MUS:AFAI) Days Payable: 42.94 (As of Mar. 2019)


What is Al Fajar AL Alamia CoOG Days Payable?

Al Fajar AL Alamia CoOG MUS:AFAI Days Payable is 42.94 as of Mar. 2019.

Al Fajar AL Alamia CoOG's average Accounts Payable for the three months ended in Mar. 2019 was ر.ع1.87 Mil. Al Fajar AL Alamia CoOG's Cost of Goods Sold for the three months ended in Mar. 2019 was ر.ع3.98 Mil. Hence, Al Fajar AL Alamia CoOG's Days Payable for the three months ended in Mar. 2019 was 42.94.

The historical rank and industry rank for Al Fajar AL Alamia CoOG's Days Payable or its related term are showing as below:

MUS:AFAI's Days Payable is not ranked *
in the Metals & Mining industry.
Industry Median: 127.26
* Ranked among companies with meaningful Days Payable only.

Al Fajar AL Alamia CoOG's Days Payable declined from Mar. 2018 (54.55) to Mar. 2019 (42.94). It may suggest that Al Fajar AL Alamia CoOG accelerated paying its suppliers.

Al Fajar AL Alamia CoOG Days Payable Historical Data

* Premium members only.

The historical data trend for Al Fajar AL Alamia CoOG'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.

Al Fajar AL Alamia CoOG Days Payable Chart

Al Fajar AL Alamia CoOG Annual Data
Trend Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 37.78 51.05 53.20 55.93 55.71

Al Fajar AL Alamia CoOG Quarterly Data
Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 54.55 55.39 44.20 37.54 42.94

MUS:AFAI vs SND: Days Payable Comparison

For the Other Industrial Metals & Mining subindustry, Al Fajar AL Alamia CoOG'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.

Al Fajar AL Alamia CoOG Days Payable vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Al Fajar AL Alamia CoOG's Days Payable distribution charts can be found below:

* The bar in red indicates where Al Fajar AL Alamia CoOG's Days Payable falls into.


Al Fajar AL Alamia CoOG 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.

Al Fajar AL Alamia CoOG's Days Payable for the fiscal year that ended in Jun. 2018 is calculated as

Days Payable (A: Jun. 2018 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jun. 2017 ) + Accounts Payable (A: Jun. 2018 )) / count ) / Cost of Goods Sold (A: Jun. 2018 )*Days in Period
=( (2.399 + 2.36) / 2 ) / 15.59*365
=2.3795 / 15.59*365
=55.71

Al Fajar AL Alamia CoOG's Days Payable for the quarter that ended in Mar. 2019 is calculated as:

Days Payable (Q: Mar. 2019 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2018 ) + Accounts Payable (Q: Mar. 2019 )) / count ) / Cost of Goods Sold (Q: Mar. 2019 )*Days in Period
=( (1.967 + 1.781) / 2 ) / 3.982*365 / 4
=1.874 / 3.982*365 / 4
=42.94

* 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 42.94 mean?
Al Fajar AL Alamia CoOG (MUS:AFAI) has a Days Payable of 42.94 as of Mar. 2019. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Al Fajar AL Alamia CoOG and its competitors.
Is Al Fajar AL Alamia CoOG's Days Payable too high?
Al Fajar AL Alamia CoOG's current Days Payable is 42.94. The Metals & Mining industry median Days Payable is 127.26. Al Fajar AL Alamia CoOG's value of 42.94 is 66.3% below this industry median.
How does Al Fajar AL Alamia CoOG's Days Payable compare to SND?
Al Fajar AL Alamia CoOG's Days Payable of 42.94 can be compared against companies in the Metals & Mining industry. The industry median Days Payable is 127.26. Al Fajar AL Alamia CoOG's value of 42.94 is 66.3% below this benchmark. 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 Metals & Mining company?
The median Days Payable among Metals & Mining companies is 127.26, based on 1,063 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. Al Fajar AL Alamia CoOG's current Days Payable of 42.94 is 66.3% below the industry median. 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 Al Fajar AL Alamia CoOG and its competitors. For the Metals & Mining industry, the median Days Payable is 127.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Al Fajar AL Alamia CoOG's current Days Payable is 42.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Al Fajar AL Alamia CoOG stock overvalued right now?
Al Fajar AL Alamia CoOG (MUS:AFAI) has a current Days Payable of 42.94. The current Days Payable is 42.94 and 66.3% below the Metals & Mining industry median of 127.26. 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 Al Fajar AL Alamia CoOG (MUS:AFAI), the current Days Payable is 42.94 as of Mar. 2019. 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.

Al Fajar AL Alamia CoOG Business Description

Address Ghala Industrial Estate, Block No: 260, Plot no: 969, Complex no: 260, Street no: 6037, Building no: 2822, City Center Al Qurum, Muscat, OMN, 102
Al Fajar AL Alamia Co SAOG along with its subsidiaries engages in the manufacture and sale of industrial grade explosives. The company primarily manufactures, packages and stores ammonium nitrate, fuel oil (ANFO) and emulsion explosives. ANFO explosives are priced lower than emulsion high explosives and are used in larger quantities. It also provide service of import and storage of initiating systems and drilling accessories. The group operates in two segments:Explosives manufacturing and trading segment includes manufacture and sale of explosives. The Drilling and blasting segment engages in the business of providing drilling and blasting services. It provide services to roads, pipelines, dams, tunnels, undersea blasting for ports, mining and quarrying companies.