East Pipes Integrated Co for Industry (SAU:1321) Days Payable : 5.02 (As of Mar. 2024)

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What is East Pipes Integrated Co for Industry Days Payable?

East Pipes Integrated Co for Industry's average Accounts Payable for the three months ended in Mar. 2024 was ﷼28 Mil. East Pipes Integrated Co for Industry's Cost of Goods Sold for the three months ended in Mar. 2024 was ﷼509 Mil. Hence, East Pipes Integrated Co for Industry's Days Payable for the three months ended in Mar. 2024 was 5.02.

The historical rank and industry rank for East Pipes Integrated Co for Industry's Days Payable or its related term are showing as below:

SAU:1321' s Days Payable Range Over the Past 10 Years
Min: 5.97 Med: 18.58 Max: 39.6
Current: 5.97

During the past 4 years, East Pipes Integrated Co for Industry's highest Days Payable was 39.60. The lowest was 5.97. And the median was 18.58.

SAU:1321's Days Payable is ranked worse than
95.04% of 585 companies
in the Steel industry
Industry Median: 41.52 vs SAU:1321: 5.97

East Pipes Integrated Co for Industry's Days Payable declined from Mar. 2023 (19.82) to Mar. 2024 (5.02). It may suggest that East Pipes Integrated Co for Industry accelerated paying its suppliers.

East Pipes Integrated Co for Industry Days Payable Historical Data

The historical data trend for East Pipes Integrated Co for Industry'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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East Pipes Integrated Co for Industry Days Payable Chart

East Pipes Integrated Co for Industry Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Days Payable

39.60

30.20

6.53

6.95

East Pipes Integrated Co for Industry Quarterly Data
	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial								19.82	33.68	3.10	4.85	5.02

Competitive Comparison of East Pipes Integrated Co for Industry's Days Payable

For the Steel subindustry, East Pipes Integrated Co for Industry'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.

East Pipes Integrated Co for Industry's Days Payable Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, East Pipes Integrated Co for Industry's Days Payable distribution charts can be found below:

* The bar in red indicates where East Pipes Integrated Co for Industry's Days Payable falls into.

East Pipes Integrated Co for Industry 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.

East Pipes Integrated Co for Industry's Days Payable for the fiscal year that ended in Mar. 2024 is calculated as

	Days Payable (A: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2023 )	+	Accounts Payable (A: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2024 )	*	Days in Period
=	( (28.142	+	17.291)	/	2 )	/	1192.609	*	365
=	22.7165					/	1192.609	*	365
=	6.95

East Pipes Integrated Co for Industry's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (38.756	+	17.291)	/	2 )	/	508.931	*	365 / 4
=	28.0235					/	508.931	*	365 / 4
=	5.02

East Pipes Integrated Co for Industry Days Payable Related Terms

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East Pipes Integrated Co for Industry (SAU:1321) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » East Pipes Integrated Co for Industry (SAU:1321) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Street No 89, 2nd Industrial City, P.O Box 12943, P. Code 31483, Dammam, SAU

Website

https://www.eastpipes.com

East Pipes Integrated Co for Industry is engaged in the manufacturing of Helical Submerged Arc Welded (HSAW) pipes. It produces pipes that transport Water, Oil, and Gas, according to a wide range of diameters of spiral pipes. The firm provides coating services on pipes provided by the customers and generates revenue from the same. The business operating assets of the firm are located in the Kingdom of Saudi Arabia.

East Pipes Integrated Co for Industry (SAU:1321) Headlines

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