National Medical Care Co (SAU:4005) Days Payable : 21.45 (As of Sep. 2024)

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What is National Medical Care Co Days Payable?

National Medical Care Co's average Accounts Payable for the three months ended in Sep. 2024 was ﷼50 Mil. National Medical Care Co's Cost of Goods Sold for the three months ended in Sep. 2024 was ﷼214 Mil. Hence, National Medical Care Co's Days Payable for the three months ended in Sep. 2024 was 21.45.

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

SAU:4005' s Days Payable Range Over the Past 10 Years
Min: 22.52 Med: 30.48 Max: 120.92
Current: 22.59

During the past 13 years, National Medical Care Co's highest Days Payable was 120.92. The lowest was 22.52. And the median was 30.48.

SAU:4005's Days Payable is ranked worse than
81.28% of 593 companies
in the Healthcare Providers & Services industry
Industry Median: 57.56 vs SAU:4005: 22.59

National Medical Care Co's Days Payable increased from Sep. 2023 (20.87) to Sep. 2024 (21.45). It may suggest that National Medical Care Co delayed paying its suppliers.

National Medical Care Co Days Payable Historical Data

The historical data trend for National Medical Care 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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National Medical Care Co Days Payable Chart

National Medical Care Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

30.48

23.34

26.27

24.75

22.52

National Medical Care 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															20.87	22.02	23.81	24.03	21.45

Competitive Comparison of National Medical Care Co's Days Payable

For the Medical Care Facilities subindustry, National Medical Care 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.

National Medical Care Co's Days Payable Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, National Medical Care Co's Days Payable distribution charts can be found below:

* The bar in red indicates where National Medical Care Co's Days Payable falls into.

National Medical Care 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.

National Medical Care 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
=	( (38.346	+	49.549)	/	2 )	/	712.15	*	365
=	43.9475					/	712.15	*	365
=	22.52

National Medical Care 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
=	( (50.613	+	50.134)	/	2 )	/	214.259	*	365 / 4
=	50.3735					/	214.259	*	365 / 4
=	21.45

National Medical Care Co Days Payable Related Terms

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National Medical Care Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » National Medical Care Co (SAU:4005) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Al Imam Ahmad Ibn hanbal Street, P.O. Box 29393, Arrayyan District, Riyadh, SAU, 11457

Website

https://care.med.sa

National Medical Care Co owns, operates, and manages Riyadh Care Hospital and National Hospital in Saudi Arabia. The company is engaged in the business of establishing, owning, equipping, managing, maintaining, and operating healthcare facilities and providing home healthcare services. The company trades medicines, medical equipment, and supplies in wholesale and retail trade. Geographically, all operations are conducted in the Kingdom of Saudi Arabia. The company generates revenue through the Rendering of clinical services, and the Sale of medicine.

National Medical Care Co Headlines

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