Tabuk Cement Co (SAU:3090) Days Payable : 26.66 (As of Sep. 2024)

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What is Tabuk Cement Co Days Payable?

Tabuk Cement Co's average Accounts Payable for the three months ended in Sep. 2024 was ﷼18.1 Mil. Tabuk Cement Co's Cost of Goods Sold for the three months ended in Sep. 2024 was ﷼62.0 Mil. Hence, Tabuk Cement Co's Days Payable for the three months ended in Sep. 2024 was 26.66.

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

SAU:3090' s Days Payable Range Over the Past 10 Years
Min: 21.04 Med: 26.04 Max: 141.82
Current: 24.5

During the past 13 years, Tabuk Cement Co's highest Days Payable was 141.82. The lowest was 21.04. And the median was 26.04.

SAU:3090's Days Payable is ranked worse than
90.77% of 390 companies
in the Building Materials industry
Industry Median: 69.515 vs SAU:3090: 24.50

Tabuk Cement Co's Days Payable increased from Sep. 2023 (23.50) to Sep. 2024 (26.66). It may suggest that Tabuk Cement Co delayed paying its suppliers.

Tabuk Cement Co Days Payable Historical Data

The historical data trend for Tabuk Cement 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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Tabuk Cement Co Days Payable Chart

Tabuk Cement Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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80.43

21.04

26.86

22.30

25.21

Tabuk Cement 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															23.50	21.97	23.21	26.92	26.66

Competitive Comparison of Tabuk Cement Co's Days Payable

For the Building Materials subindustry, Tabuk Cement 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.

Tabuk Cement Co's Days Payable Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Tabuk Cement Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Tabuk Cement Co's Days Payable falls into.

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Tabuk Cement 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.

Tabuk Cement 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
=	( (12.224	+	17.049)	/	2 )	/	211.928	*	365
=	14.6365					/	211.928	*	365
=	25.21

Tabuk Cement 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
=	( (17.473	+	18.73)	/	2 )	/	61.961	*	365 / 4
=	18.1015					/	61.961	*	365 / 4
=	26.66

Tabuk Cement Co Days Payable Related Terms

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Tabuk Cement Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Tabuk Cement Co (SAU:3090) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Tabuk Cement Building, Tabuk Area, P.O.Box 122, Duba North, Tabuk, SAU

Website

http://www.tcc-sa.com

Tabuk Cement Co engages in the production and sale of cement and related products in Saudi Arabia. It offers ordinary Portland cement, cement resistant to sulfur salts, and butlanda bozzolana cement, as well as Portland bosolani cement. The company also engages in the establishment of factories and plants for manufacturing cement related products and construction materials; and export of cement and related products. The company has one segment which is packaged and unpackaged cement.

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