Al Yamamah Steel Industries Co (SAU:1304) Days Payable : 31.51 (As of Jun. 2024)

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What is Al Yamamah Steel Industries Co Days Payable?

Al Yamamah Steel Industries Co's average Accounts Payable for the three months ended in Jun. 2024 was ﷼131 Mil. Al Yamamah Steel Industries Co's Cost of Goods Sold for the three months ended in Jun. 2024 was ﷼378 Mil. Hence, Al Yamamah Steel Industries Co's Days Payable for the three months ended in Jun. 2024 was 31.51.

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

SAU:1304' s Days Payable Range Over the Past 10 Years
Min: 6.52 Med: 11.1 Max: 24.16
Current: 24.16

During the past 9 years, Al Yamamah Steel Industries Co's highest Days Payable was 24.16. The lowest was 6.52. And the median was 11.10.

SAU:1304's Days Payable is ranked worse than
73.47% of 603 companies
in the Steel industry
Industry Median: 40.36 vs SAU:1304: 24.16

Al Yamamah Steel Industries Co's Days Payable increased from Jun. 2023 (30.98) to Jun. 2024 (31.51). It may suggest that Al Yamamah Steel Industries Co delayed paying its suppliers.

Al Yamamah Steel Industries Co Days Payable Historical Data

The historical data trend for Al Yamamah Steel 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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Al Yamamah Steel Industries Co Days Payable Chart

Al Yamamah Steel Industries Co Annual Data

Trend

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Days Payable

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9.09

8.28

13.76

13.10

15.72

Al Yamamah Steel Industries Co Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Days Payable	Get a 7-Day Free Trial															30.98	22.92	16.63	27.13	31.51

Competitive Comparison of Al Yamamah Steel Industries Co's Days Payable

For the Steel subindustry, Al Yamamah Steel 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.

Al Yamamah Steel Industries Co's Days Payable Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Al Yamamah Steel Industries Co's Days Payable distribution charts can be found below:

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

Al Yamamah Steel 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.

Al Yamamah Steel Industries Co's Days Payable for the fiscal year that ended in Sep. 2023 is calculated as

	Days Payable (A: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Sep. 2022 )	+	Accounts Payable (A: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (A: Sep. 2023 )	*	Days in Period
=	( (49.166	+	87.646)	/	2 )	/	1587.829	*	365
=	68.406					/	1587.829	*	365
=	15.72

Al Yamamah Steel Industries Co's Days Payable for the quarter that ended in Jun. 2024 is calculated as:

	Days Payable (Q: Jun. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2024 )	+	Accounts Payable (Q: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
=	( (139.27	+	121.836)	/	2 )	/	378.12	*	365 / 4
=	130.553					/	378.12	*	365 / 4
=	31.51

Al Yamamah Steel Industries Co Days Payable Related Terms

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Al Yamamah Steel Industries Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Al Yamamah Steel Industries Co (SAU:1304) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

6th Floor, Building 2, Office No. 6201, P.O. Box 55303, Aqaria Asteen, Riyadh, SAU, 11583

Website

http://www.yamsteel.com

Al Yamamah Steel Industries Co is a manufacturer of tubes, pipes and hollow shapes from iron, metal structures and their parts for bridges and towers, poles and their parts, including poles, lighting cabins, traffic lights, etc. and installation of prefabricated steel structures for industrial facilities. The company produces and sells steel welded tubes, steel sheets, steel reinforcement bars, and three-dimension space structures. The company's operating segments include Construction and Electric. It generates maximum revenue from the Construction segment.

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