Saudi Arabian Amiantit Co (SAU:2160) Days Payable : 90.26 (As of Sep. 2024)

View and export this data going back to 1996. Start your Free Trial

What is Saudi Arabian Amiantit Co Days Payable?

Saudi Arabian Amiantit Co's average Accounts Payable for the three months ended in Sep. 2024 was ﷼182.5 Mil. Saudi Arabian Amiantit Co's Cost of Goods Sold for the three months ended in Sep. 2024 was ﷼184.5 Mil. Hence, Saudi Arabian Amiantit Co's Days Payable for the three months ended in Sep. 2024 was 90.26.

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

SAU:2160' s Days Payable Range Over the Past 10 Years
Min: 64.45 Med: 110.6 Max: 234.39
Current: 82.76

During the past 13 years, Saudi Arabian Amiantit Co's highest Days Payable was 234.39. The lowest was 64.45. And the median was 110.60.

SAU:2160's Days Payable is ranked better than
53.98% of 1671 companies
in the Construction industry
Industry Median: 76.84 vs SAU:2160: 82.76

Saudi Arabian Amiantit Co's Days Payable declined from Sep. 2023 (119.30) to Sep. 2024 (90.26). It may suggest that Saudi Arabian Amiantit Co accelerated paying its suppliers.

Saudi Arabian Amiantit Co Days Payable Historical Data

The historical data trend for Saudi Arabian Amiantit 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.

* Premium members only.

Saudi Arabian Amiantit Co Days Payable Chart

Saudi Arabian Amiantit Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

127.63

234.39

230.17

Saudi Arabian Amiantit Co 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															119.30	86.26	65.12	102.71	90.26

Competitive Comparison of Saudi Arabian Amiantit Co's Days Payable

For the Building Products & Equipment subindustry, Saudi Arabian Amiantit 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.

Saudi Arabian Amiantit Co's Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, Saudi Arabian Amiantit Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Saudi Arabian Amiantit Co's Days Payable falls into.

Save Embed

;

Save Embed

;

Saudi Arabian Amiantit 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.

Saudi Arabian Amiantit Co'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
=	( (0	+	0)	/	1 )	/	630.209	*	365
=	0					/	630.209	*	365
=	0.00

Saudi Arabian Amiantit Co'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
=	( (184.573	+	180.408)	/	2 )	/	184.5	*	365 / 4
=	182.4905					/	184.5	*	365 / 4
=	90.26

Saudi Arabian Amiantit Co Days Payable Related Terms

Thank you for viewing the detailed overview of Saudi Arabian Amiantit Co's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Saudi Arabian Amiantit Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Saudi Arabian Amiantit Co (SAU:2160) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Industrial Area No.1, Building No. 101, Dammam, SAU, 32234

Website

https://www.amiantit.com

Saudi Arabian Amiantit Co is engaged in the operation of pipes and its related products. It serves two market segments; Pipe manufacturing and technology and Water management. The group's core business activities comprise of manufacturing of various pipe systems, developing and licensing of related pipe technologies and offering water solutions, a provider of water management consultancy and engineering operations. Geographically the business of the firm is expanded across Saudi Arabia, Europe and in other regions. It derives maximum revenue from Saudi Arabia.

Saudi Arabian Amiantit Co Headlines

No Headlines