Al Maha Ceramics CoOC (MUS:AMCI) Days Payable: 135.49 (As of Mar. 2018)


What is Al Maha Ceramics CoOC Days Payable?

Al Maha Ceramics CoOC MUS:AMCI Days Payable is 135.49 as of Mar. 2018.

Al Maha Ceramics CoOC's average Accounts Payable for the three months ended in Mar. 2018 was ر.ع1.95 Mil. Al Maha Ceramics CoOC's Cost of Goods Sold for the three months ended in Mar. 2018 was ر.ع1.32 Mil. Hence, Al Maha Ceramics CoOC's Days Payable for the three months ended in Mar. 2018 was 135.49.

The historical rank and industry rank for Al Maha Ceramics CoOC's Days Payable or its related term are showing as below:

MUS:AMCI's Days Payable is not ranked *
in the Construction industry.
Industry Median: 76.78
* Ranked among companies with meaningful Days Payable only.

Al Maha Ceramics CoOC's Days Payable increased from Mar. 2017 (67.31) to Mar. 2018 (135.49). It may suggest that Al Maha Ceramics CoOC delayed paying its suppliers.

Al Maha Ceramics CoOC Days Payable Historical Data

* Premium members only.

The historical data trend for Al Maha Ceramics CoOC'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 Maha Ceramics CoOC Days Payable Chart

Al Maha Ceramics CoOC Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17
Days Payable
108.55 88.04 125.15 118.14 96.63

Al Maha Ceramics CoOC Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18
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 67.31 104.37 116.90 118.95 135.49

Al Maha Ceramics CoOC Days Payable Competitor Comparison

For the Building Products & Equipment subindustry, Al Maha Ceramics CoOC'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 Maha Ceramics CoOC Days Payable vs Construction Industry

For the Construction industry and Industrials sector, Al Maha Ceramics CoOC's Days Payable distribution charts can be found below:

* The bar in red indicates where Al Maha Ceramics CoOC's Days Payable falls into.


Al Maha Ceramics CoOC 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 Maha Ceramics CoOC's Days Payable for the fiscal year that ended in Dec. 2017 is calculated as

Days Payable (A: Dec. 2017 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2016 ) + Accounts Payable (A: Dec. 2017 )) / count ) / Cost of Goods Sold (A: Dec. 2017 )*Days in Period
=( (0.872 + 1.95) / 2 ) / 5.33*365
=1.411 / 5.33*365
=96.63

Al Maha Ceramics CoOC's Days Payable for the quarter that ended in Mar. 2018 is calculated as:

Days Payable (Q: Mar. 2018 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2017 ) + Accounts Payable (Q: Mar. 2018 )) / count ) / Cost of Goods Sold (Q: Mar. 2018 )*Days in Period
=( (1.95 + 1.955) / 2 ) / 1.315*365 / 4
=1.9525 / 1.315*365 / 4
=135.49

* 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 135.49 mean?
Al Maha Ceramics CoOC (MUS:AMCI) has a Days Payable of 135.49 as of Mar. 2018. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Al Maha Ceramics CoOC and its competitors.
Is Al Maha Ceramics CoOC's Days Payable too high?
Al Maha Ceramics CoOC's current Days Payable is 135.49. The Construction industry median Days Payable is 76.78. Al Maha Ceramics CoOC's value of 135.49 is 76.5% above this industry median.
How does Al Maha Ceramics CoOC's Days Payable compare to competitors?
Al Maha Ceramics CoOC's Days Payable of 135.49 can be compared against companies in the Construction industry. The industry median Days Payable is 76.78. Al Maha Ceramics CoOC's value of 135.49 is 76.5% above 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 Construction company?
The median Days Payable among Construction companies is 76.78, based on 1,715 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 Maha Ceramics CoOC's current Days Payable of 135.49 is 76.5% above 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 Maha Ceramics CoOC and its competitors. For the Construction industry, the median Days Payable is 76.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Al Maha Ceramics CoOC's current Days Payable is 135.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Al Maha Ceramics CoOC stock overvalued right now?
Al Maha Ceramics CoOC (MUS:AMCI) has a current Days Payable of 135.49. The current Days Payable is 135.49 and 76.5% above the Construction industry median of 76.78. 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 Maha Ceramics CoOC (MUS:AMCI), the current Days Payable is 135.49 as of Mar. 2018. 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 Maha Ceramics CoOC Business Description

Address Falaj Al Qabail, PO BOX 482, Sohar, OMN, 322
Al Maha Ceramics Co SAOC is a ceramic tile producing company in Oman. Its product offerings include ceramic tiles, glazed wall, floor tiles, border and highlighter tiles in a variety of designs and shades. The company also exports its products to the United Arab Emirates, Saudi Arabia, Qatar, Bahrain, Syria, Lebanon, Jordan, Africa, and South Asia.