National Industrialization Co (SAU:2060) Days Payable: 157.58 (As of Mar. 2026) — 25% Below Median

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SAU:2060 National Industrialization Co SAU:2060
49 GF Score
Price ﷼9.07
GF Value ﷼8.39
Valuation Fairly Valued
! 6 Warning Signs
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What is National Industrialization Co Days Payable?

National Industrialization Co SAU:2060 -0.33% 49 Days Payable is 157.58 as of Mar. 2026, which is 25% below its 10-year median of 210.53. GuruFocus rates SAU:2060 with a GF Score™ of 49/100 and a GF Value™ of ﷼8.39 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,554 Chemicals companies, National Industrialization Co ranks better than 93.69% on this metric.

National Industrialization Co's average Accounts Payable for the three months ended in Mar. 2026 was ﷼890 Mil. National Industrialization Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ﷼515 Mil. Hence, National Industrialization Co's Days Payable for the three months ended in Mar. 2026 was 157.58.

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

SAU:2060' s Days Payable Range Over the Past 10 Years
Min: 102.66   Med: 210.53   Max: 332.63
Current: 205.09

During the past 13 years, National Industrialization Co's highest Days Payable was 332.63. The lowest was 102.66. And the median was 210.53.

SAU:2060's Days Payable is ranked better than
93.69% of 1554 companies
in the Chemicals industry
Industry Median: 59.565 vs SAU:2060: 205.09

National Industrialization Co's Days Payable declined from Mar. 2025 (219.47) to Mar. 2026 (157.58). It may suggest that National Industrialization Co accelerated paying its suppliers.


National Industrialization Co Days Payable Historical Data

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The historical data trend for National Industrialization 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.

National Industrialization Co Days Payable Chart

National Industrialization Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 222.65 199.69 197.64 221.36 193.35

National Industrialization Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 Premium Member Only Premium Member Only 219.47 199.43 154.40 916.20 157.58

SAU:2060 vs DOW: Days Payable Comparison

For the Chemicals subindustry, National Industrialization 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.


National Industrialization Co Days Payable vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, National Industrialization Co's Days Payable distribution charts can be found below:

* The bar in red indicates where National Industrialization Co's Days Payable falls into.


SAU:2060
49GF Score
National Industrialization Co SAU:2060
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

National Industrialization 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.

National Industrialization Co's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as

Days Payable (A: Dec. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2024 ) + Accounts Payable (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (1511.588 + 1034.602) / 2 ) / 2403.365*365
=1273.095 / 2403.365*365
=193.35

National Industrialization Co's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (1034.602 + 744.415) / 2 ) / 515.1*365 / 4
=889.5085 / 515.1*365 / 4
=157.58

* 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 157.58 mean?
National Industrialization Co (SAU:2060) has a Days Payable of 157.58 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on National Industrialization Co and its competitors. This is 25% below median its historical median of 210.53. Over the past decade, National Industrialization Co's Days Payable has ranged from 102.66 to 332.63. According to the industry distribution chart, National Industrialization Co ranks #98 out of 1554 companies in the Chemicals industry, placing it in the top 6.3%.
Is National Industrialization Co's Days Payable too high?
National Industrialization Co's current Days Payable of 157.58 is 25% below median its 10-year median of 210.53. Over the past 10 years, this metric has ranged from a low of 102.66 to a high of 332.63. The Chemicals industry median Days Payable is 59.57. National Industrialization Co's value of 157.58 is 164.6% above this industry median. Based on the distribution chart, National Industrialization Co ranks #98 out of 1554 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, National Industrialization Co has a GF Score™ of 49/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does National Industrialization Co's Days Payable compare to DOW?
According to the Chemicals industry distribution chart, National Industrialization Co ranks #98 out of 1554 companies for Days Payable. This places National Industrialization Co in the top 6% of its industry — outperforming the majority of peers. The industry median Days Payable is 59.57. National Industrialization Co's value of 157.58 is 164.6% above this benchmark. Historically, National Industrialization Co's own Days Payable has ranged from 102.66 to 332.63 over the past decade. While the company's 10-year median is 210.53 vs. the industry median of 59.57, National Industrialization Co has consistently been above the industry average. 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 Chemicals company?
The median Days Payable among Chemicals companies is 59.57, based on 1,554 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. National Industrialization Co's current Days Payable of 157.58 is 164.6% 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 National Industrialization Co and its competitors. For the Chemicals industry, the median Days Payable is 59.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. National Industrialization Co's current Days Payable is 157.58, which is 25% below median its own 10-year median of 210.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Industrialization Co stock overvalued right now?
Based on GuruFocus' analysis, National Industrialization Co (SAU:2060) is currently considered Fairly Valued. The stock's GF Value™ is ﷼8.39, compared to a current price of ﷼9.07 — trading 8.1% above its estimated fair value. The current Days Payable is 157.58, which is 25% below median its 10-year median of 210.53 and 164.6% above the Chemicals industry median of 59.57. National Industrialization Co's overall GF Score™ is 49/100 with 6 warning signs to review. 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 National Industrialization Co (SAU:2060), the current Days Payable is 157.58 as of Mar. 2026. 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.

Is National Industrialization Co (SAU:2060) Overvalued in 2026?

Based on GuruFocus' analysis, National Industrialization Co stock appears to be overvalued. The current stock price of ﷼9.07 is trading 8.1% above its estimated GF Value™ of ﷼8.39. GuruFocus considers National Industrialization Co to be Fairly Valued.

Key valuation signals for SAU:2060:

  • Days Payable: 157.58 (25% below median its 10-year median of 210.53)
  • GF Value™: ﷼8.39 vs. price of ﷼9.07 (8.1% above fair value)
  • GF Score™: 49/100 with 6 warning signs
  • Industry Position: 164.6% above the Chemicals median (#98 of 1554)

No single metric tells the full story. See the SAU:2060 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


National Industrialization Co Business Description

Address Eastern Ring Road, P.O. Box 26707, The Business Gate, Building No. C3, Qurtuba Area, Riyadh, SAU, 11496
National Industrialization Co is engaged in industrial investment and transfer of advanced industrial technology to the Kingdom of Saudi Arabia. The Group operates in the manufacturing and marketing of products in various segments including petrochemicals, chemicals, metals, wires, plastics and industrial and automotive batteries. Additionally, the Group also provides the technical industrial services to engineering and mechanical sectors. It provides technical testing to equipment, and industrial, chemical, petrochemical, and metallurgical plants and water desalination and power generation plants. Its segment consists of Metallurgy, Petrochemicals, Downstream, and Others. The company generates maximum revenue from the Petrochemicals segment. It derives maximum revenue from Saudi Arabia.
49GF Score

Get the complete analysis for SAU:2060

Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

﷼9.07
Price
﷼8.39
GF Value