ARTEX Industrial Investment Co (SAU:2340) Days Payable: 32.86 (As of Mar. 2026) — 85% Above Median


SAU:2340 ARTEX Industrial Investment Co SAU:2340
58 GF Score
Price ﷼12.00
GF Value ﷼16.15
Valuation Modestly Undervalued
! 5 Warning Signs
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What is ARTEX Industrial Investment Co Days Payable?

ARTEX Industrial Investment Co SAU:2340 58 Days Payable is 32.86 as of Mar. 2026, which is 85% above its 10-year median of 17.76. GuruFocus rates SAU:2340 with a GF Score™ of 58/100 and a GF Value™ of ﷼16.15 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,013 Manufacturing - Apparel & Accessories companies, ARTEX Industrial Investment Co ranks worse than 77.2% on this metric.

ARTEX Industrial Investment Co's average Accounts Payable for the three months ended in Mar. 2026 was ﷼45.7 Mil. ARTEX Industrial Investment Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ﷼127.0 Mil. Hence, ARTEX Industrial Investment Co's Days Payable for the three months ended in Mar. 2026 was 32.86.

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

SAU:2340' s Days Payable Range Over the Past 10 Years
Min: 11.57   Med: 17.76   Max: 28.03
Current: 28.03

During the past 13 years, ARTEX Industrial Investment Co's highest Days Payable was 28.03. The lowest was 11.57. And the median was 17.76.

SAU:2340's Days Payable is ranked worse than
77.2% of 1013 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 53.99 vs SAU:2340: 28.03

ARTEX Industrial Investment Co's Days Payable increased from Mar. 2025 (21.60) to Mar. 2026 (32.86). It may suggest that ARTEX Industrial Investment Co delayed paying its suppliers.


ARTEX Industrial Investment Co Days Payable Historical Data

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The historical data trend for ARTEX 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.

ARTEX Industrial Investment Co Days Payable Chart

ARTEX Industrial Investment 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 12.75 17.76 26.88 26.66 26.64

ARTEX Industrial Investment 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 21.60 32.70 26.96 19.62 32.86

SAU:2340 vs AIN: Days Payable Comparison

For the Textile Manufacturing subindustry, ARTEX 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.


ARTEX Industrial Investment Co Days Payable vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, ARTEX Industrial Investment Co's Days Payable distribution charts can be found below:

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


SAU:2340
58GF Score
ARTEX Industrial Investment Co SAU:2340
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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ARTEX 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.

ARTEX Industrial Investment 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
=( (33.702 + 42.352) / 2 ) / 521.004*365
=38.027 / 521.004*365
=26.64

ARTEX Industrial Investment 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
=( (42.352 + 49.138) / 2 ) / 127.012*365 / 4
=45.745 / 127.012*365 / 4
=32.86

* 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 32.86 mean?
ARTEX Industrial Investment Co (SAU:2340) has a Days Payable of 32.86 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 ARTEX Industrial Investment Co and its competitors. This is 85% above median its historical median of 17.76. Over the past decade, ARTEX Industrial Investment Co's Days Payable has ranged from 11.57 to 28.03. According to the industry distribution chart, ARTEX Industrial Investment Co ranks #782 out of 1013 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 77.2%.
Is ARTEX Industrial Investment Co's Days Payable too high?
ARTEX Industrial Investment Co's current Days Payable of 32.86 is 85% above median its 10-year median of 17.76. Over the past 10 years, this metric has ranged from a low of 11.57 to a high of 28.03. The Manufacturing - Apparel & Accessories industry median Days Payable is 53.99. ARTEX Industrial Investment Co's value of 32.86 is 39.1% below this industry median. Based on the distribution chart, ARTEX Industrial Investment Co ranks #782 out of 1013 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, ARTEX Industrial Investment Co has a GF Score™ of 58/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does ARTEX Industrial Investment Co's Days Payable compare to AIN?
According to the Manufacturing - Apparel & Accessories industry distribution chart, ARTEX Industrial Investment Co ranks #782 out of 1013 companies for Days Payable. This places ARTEX Industrial Investment Co in the lower half of its industry. The industry median Days Payable is 53.99. ARTEX Industrial Investment Co's value of 32.86 is 39.1% below this benchmark. Historically, ARTEX Industrial Investment Co's own Days Payable has ranged from 11.57 to 28.03 over the past decade. While the company's 10-year median is 17.76 vs. the industry median of 53.99, ARTEX Industrial Investment Co has consistently been below 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 Manufacturing - Apparel & Accessories company?
The median Days Payable among Manufacturing - Apparel & Accessories companies is 53.99, based on 1,013 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. ARTEX Industrial Investment Co's current Days Payable of 32.86 is 39.1% below 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 ARTEX Industrial Investment Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Payable is 53.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ARTEX Industrial Investment Co's current Days Payable is 32.86, which is 85% above median its own 10-year median of 17.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ARTEX Industrial Investment Co stock overvalued right now?
Based on GuruFocus' analysis, ARTEX Industrial Investment Co (SAU:2340) is currently considered Modestly Undervalued. The stock's GF Value™ is ﷼16.15, compared to a current price of ﷼12.00 — trading 25.7% below its estimated fair value. The current Days Payable is 32.86, which is 85% above median its 10-year median of 17.76 and 39.1% below the Manufacturing - Apparel & Accessories industry median of 53.99. ARTEX Industrial Investment Co's overall GF Score™ is 58/100 with 5 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 ARTEX Industrial Investment Co (SAU:2340), the current Days Payable is 32.86 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 ARTEX Industrial Investment Co (SAU:2340) Overvalued in 2026?

Based on GuruFocus' analysis, ARTEX Industrial Investment Co stock appears to be undervalued. The current stock price of ﷼12.00 is trading 25.7% below its estimated GF Value™ of ﷼16.15. GuruFocus considers ARTEX Industrial Investment Co to be Modestly Undervalued.

Key valuation signals for SAU:2340:

  • Days Payable: 32.86 (85% above median its 10-year median of 17.76)
  • GF Value™: ﷼16.15 vs. price of ﷼12.00 (25.7% below fair value)
  • GF Score™: 58/100 with 5 warning signs
  • Industry Position: 39.1% below the Manufacturing - Apparel & Accessories median (#782 of 1013)

No single metric tells the full story. See the SAU:2340 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ARTEX Industrial Investment Co Business Description

Address street 216, P.O. Box 859, 2nd New Industrial City, Riyadh, SAU, 11421
ARTEX Industrial Investment Co is engaged in the manufacturing of Rugs, Carpets, Carpet Backings, Blankets, Yarn, Fibers, Master Batch and Paper tubes. Its business activities include preparing, spinning, weaving and printing carpets, rugs, blankets and their accessories.
58GF Score

Get the complete analysis for SAU:2340

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

﷼12.00
Price
﷼16.15
GF Value