Al Hassan Ghazi Ibrahim Shaker (SAU:1214) Days Payable : 104.70 (As of Sep. 2024)

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What is Al Hassan Ghazi Ibrahim Shaker Days Payable?

Al Hassan Ghazi Ibrahim Shaker's average Accounts Payable for the three months ended in Sep. 2024 was ﷼310 Mil. Al Hassan Ghazi Ibrahim Shaker's Cost of Goods Sold for the three months ended in Sep. 2024 was ﷼270 Mil. Hence, Al Hassan Ghazi Ibrahim Shaker's Days Payable for the three months ended in Sep. 2024 was 104.70.

The historical rank and industry rank for Al Hassan Ghazi Ibrahim Shaker's Days Payable or its related term are showing as below:

SAU:1214' s Days Payable Range Over the Past 10 Years
Min: 58.16 Med: 133.21 Max: 158.03
Current: 120.88

During the past 13 years, Al Hassan Ghazi Ibrahim Shaker's highest Days Payable was 158.03. The lowest was 58.16. And the median was 133.21.

SAU:1214's Days Payable is ranked better than
77.49% of 2403 companies
in the Hardware industry
Industry Median: 68.91 vs SAU:1214: 120.88

Al Hassan Ghazi Ibrahim Shaker's Days Payable declined from Sep. 2023 (183.68) to Sep. 2024 (104.70). It may suggest that Al Hassan Ghazi Ibrahim Shaker accelerated paying its suppliers.

Al Hassan Ghazi Ibrahim Shaker Days Payable Historical Data

The historical data trend for Al Hassan Ghazi Ibrahim Shaker'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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Al Hassan Ghazi Ibrahim Shaker Days Payable Chart

Al Hassan Ghazi Ibrahim Shaker Annual Data

Trend

Dec12

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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152.12

130.11

112.29

107.66

86.08

Al Hassan Ghazi Ibrahim Shaker Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Payable	Get a 7-Day Free Trial															183.68	151.71	97.51	134.54	104.70

Competitive Comparison of Al Hassan Ghazi Ibrahim Shaker's Days Payable

For the Electronics & Computer Distribution subindustry, Al Hassan Ghazi Ibrahim Shaker'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 Hassan Ghazi Ibrahim Shaker's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Al Hassan Ghazi Ibrahim Shaker's Days Payable distribution charts can be found below:

* The bar in red indicates where Al Hassan Ghazi Ibrahim Shaker's Days Payable falls into.

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Al Hassan Ghazi Ibrahim Shaker 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 Hassan Ghazi Ibrahim Shaker'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
=	( (234.8	+	198.442)	/	2 )	/	918.474	*	365
=	216.621					/	918.474	*	365
=	86.08

Al Hassan Ghazi Ibrahim Shaker's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

	Days Payable (Q: Sep. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2024 )	+	Accounts Payable (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (296.648	+	322.395)	/	2 )	/	269.771	*	365 / 4
=	309.5215					/	269.771	*	365 / 4
=	104.70

Al Hassan Ghazi Ibrahim Shaker Days Payable Related Terms

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Al Hassan Ghazi Ibrahim Shaker Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Al Hassan Ghazi Ibrahim Shaker (SAU:1214) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

King Fahad Road, Near the Raval Tower, P.O.Box 5124, Shaker Group Building, Alsahafa District, Riyadh, SAU, 11422

Website

https://www.shaker.com.sa

Al Hassan Ghazi Ibrahim Shaker is engaged in trading and wholesale parts, electronic equipment, household equipment and air-conditioners, and maintenance. It also provides agency services for companies in the same business. The segments of the company are HVAC Solutions, and Home appliances. The company generates maximum revenue from the HVAC Solution segment. The company trades for the brands like LG, maytag, Ariston, Indesit, Midea, and Bompani.

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