Electrical Industries Co (SAU:1303) Days Payable : 54.65 (As of Dec. 2024)

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What is Electrical Industries Co Days Payable?

Electrical Industries Co's average Accounts Payable for the three months ended in Dec. 2024 was ﷼169 Mil. Electrical Industries Co's Cost of Goods Sold for the three months ended in Dec. 2024 was ﷼283 Mil. Hence, Electrical Industries Co's Days Payable for the three months ended in Dec. 2024 was 54.65.

The historical rank and industry rank for Electrical Industries Co's Days Payable or its related term are showing as below:

SAU:1303' s Days Payable Range Over the Past 10 Years
Min: 42.4 Med: 51.25 Max: 62.79
Current: 43.47

During the past 12 years, Electrical Industries Co's highest Days Payable was 62.79. The lowest was 42.40. And the median was 51.25.

SAU:1303's Days Payable is ranked worse than
75.25% of 2942 companies
in the Industrial Products industry
Industry Median: 76.25 vs SAU:1303: 43.47

Electrical Industries Co's Days Payable declined from Dec. 2023 (83.76) to Dec. 2024 (54.65). It may suggest that Electrical Industries Co accelerated paying its suppliers.

Electrical Industries Co Days Payable Historical Data

The historical data trend for Electrical Industries Co'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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Electrical Industries Co Days Payable Chart

Electrical Industries Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

Get a 7-Day Free Trial

51.25

62.79

60.45

49.69

42.40

Electrical Industries Co Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Payable	Get a 7-Day Free Trial															83.76	36.29	39.54	47.52	54.65

Competitive Comparison of Electrical Industries Co's Days Payable

For the Electrical Equipment & Parts subindustry, Electrical Industries Co'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.

Electrical Industries Co's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Electrical Industries Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Electrical Industries Co's Days Payable falls into.

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Electrical Industries Co 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.

Electrical Industries Co's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

	Days Payable (A: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2023 )	+	Accounts Payable (A: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2024 )	*	Days in Period
=	( (164.882	+	142.224)	/	2 )	/	1321.754	*	365
=	153.553					/	1321.754	*	365
=	42.40

Electrical Industries Co's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

	Days Payable (Q: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2024 )	+	Accounts Payable (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (196.36	+	142.224)	/	2 )	/	282.651	*	365 / 4
=	169.292					/	282.651	*	365 / 4
=	54.65

Electrical Industries Co Days Payable Related Terms

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Electrical Industries Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Electrical Industries Co (SAU:1303) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

First Industrial City of Dammam, P.O. Box 6033, Dammam, SAU, 31442

Website

https://www.eic.com.sa

Electrical Industries Co is engaged in producing electrical products and equipment. The company operates in two reportable segments namely Manufacturing, assembly and supply of various types of electrical equipment; and Provision of technical services. Its product portfolio includes Transformers, Cable Management System, Low, Medium and High Voltage Equipment and Industrial Services.

Electrical Industries Co Headlines

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