Saudi Kayan Petrochemical Co (SAU:2350) Days Payable : 78.27 (As of Sep. 2024)

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What is Saudi Kayan Petrochemical Co Days Payable?

Saudi Kayan Petrochemical Co's average Accounts Payable for the three months ended in Sep. 2024 was ﷼2,003 Mil. Saudi Kayan Petrochemical Co's Cost of Goods Sold for the three months ended in Sep. 2024 was ﷼2,335 Mil. Hence, Saudi Kayan Petrochemical Co's Days Payable for the three months ended in Sep. 2024 was 78.27.

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

SAU:2350' s Days Payable Range Over the Past 10 Years
Min: 22.88 Med: 30.83 Max: 70.78
Current: 70.78

During the past 13 years, Saudi Kayan Petrochemical Co's highest Days Payable was 70.78. The lowest was 22.88. And the median was 30.83.

SAU:2350's Days Payable is ranked better than
59.6% of 1510 companies
in the Chemicals industry
Industry Median: 59.245 vs SAU:2350: 70.78

Saudi Kayan Petrochemical Co's Days Payable increased from Sep. 2023 (63.87) to Sep. 2024 (78.27). It may suggest that Saudi Kayan Petrochemical Co delayed paying its suppliers.

Saudi Kayan Petrochemical Co Days Payable Historical Data

The historical data trend for Saudi Kayan Petrochemical 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.

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Saudi Kayan Petrochemical Co Days Payable Chart

Saudi Kayan Petrochemical Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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22.88

28.54

31.21

30.45

52.92

Saudi Kayan Petrochemical 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															63.87	60.23	65.94	83.97	78.27

Competitive Comparison of Saudi Kayan Petrochemical Co's Days Payable

For the Chemicals subindustry, Saudi Kayan Petrochemical 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 Kayan Petrochemical Co's Days Payable Distribution in the Chemicals Industry

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

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

Saudi Kayan Petrochemical 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 Kayan Petrochemical 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
=	( (1031.456	+	1583.012)	/	2 )	/	9017.085	*	365
=	1307.234					/	9017.085	*	365
=	52.92

Saudi Kayan Petrochemical 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
=	( (2269.457	+	1736.97)	/	2 )	/	2335.406	*	365 / 4
=	2003.2135					/	2335.406	*	365 / 4
=	78.27

Saudi Kayan Petrochemical Co Days Payable Related Terms

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Saudi Kayan Petrochemical Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Saudi Kayan Petrochemical Co (SAU:2350) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Al Jubail Industrial City, P.O. Box 10302, Al-Jubail, SAU, 31961

Website

https://www.saudikayan.com

Saudi Kayan Petrochemical Co is engaged in manufacturing a wide range of petrochemicals products. Its product portfolio consists of polypropylene, propylene, acetone, polyethylene, ethoxylate, ethylene, ethylene glycol, bisphenol, ethanolamine, industrial fatty alcohol, polycarbonate and other petrochemical products. The Company generates revenue from the sale of petrochemical products.

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