Zamil Industrial Investment Co (SAU:2240) Days Payable : 42.36 (As of Jun. 2024)

View and export this data going back to 2002. Start your Free Trial

What is Zamil Industrial Investment Co Days Payable?

Zamil Industrial Investment Co's average Accounts Payable for the three months ended in Jun. 2024 was ﷼521 Mil. Zamil Industrial Investment Co's Cost of Goods Sold for the three months ended in Jun. 2024 was ﷼1,122 Mil. Hence, Zamil Industrial Investment Co's Days Payable for the three months ended in Jun. 2024 was 42.36.

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

SAU:2240' s Days Payable Range Over the Past 10 Years
Min: 33 Med: 52.23 Max: 72.27
Current: 39.61

During the past 13 years, Zamil Industrial Investment Co's highest Days Payable was 72.27. The lowest was 33.00. And the median was 52.23.

SAU:2240's Days Payable is ranked worse than
80.91% of 1645 companies
in the Construction industry
Industry Median: 75.34 vs SAU:2240: 39.61

Zamil Industrial Investment Co's Days Payable increased from Jun. 2023 (39.30) to Jun. 2024 (42.36). It may suggest that Zamil Industrial Investment Co delayed paying its suppliers.

Zamil Industrial Investment Co Days Payable Historical Data

The historical data trend for Zamil Industrial Investment 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.

Zamil Industrial Investment Co Days Payable Chart

Zamil Industrial Investment Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

43.84

51.75

54.11

46.93

38.43

Zamil Industrial Investment 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															39.30	39.90	36.58	40.23	42.36

Competitive Comparison of Zamil Industrial Investment Co's Days Payable

For the Building Products & Equipment subindustry, Zamil Industrial Investment 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.

Zamil Industrial Investment Co's Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, Zamil Industrial Investment Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Zamil Industrial Investment Co's Days Payable falls into.

Zamil Industrial Investment 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.

Zamil Industrial Investment 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
=	( (407.997	+	457.94)	/	2 )	/	4112.192	*	365
=	432.9685					/	4112.192	*	365
=	38.43

Zamil Industrial Investment 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
=	( (516.37	+	525.315)	/	2 )	/	1122.035	*	365 / 4
=	520.8425					/	1122.035	*	365 / 4
=	42.36

Zamil Industrial Investment Co Days Payable Related Terms

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

Zamil Industrial Investment Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Zamil Industrial Investment Co (SAU:2240) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

P. O. Box 14441, Dammam, SAU, 31424

Website

https://www.zamilindustrial.com

Zamil Industrial Investment Co is engaged in the development of design and engineering solutions for use in the construction industry. It designs and manufactures pre-engineered steel buildings, steel structures, air conditioning and climate control systems, telecom and transmission towers, process equipment, precast concrete building products, rock wool, fiberglass and engineered plastic foam insulations, and solar power projects. Its operating segments are the Air conditioners industry; the Steel industry; the Insulation industry; and Corporate and others. The key revenue is derived from the Air conditioners industry and the Steel industry. The company has a business presence in Saudi Arabia, Africa, and Other Asian countries, of which key revenue is derived from Saudi Arabia.

Zamil Industrial Investment Co Headlines

No Headlines