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Alamar Foods Co (SAU:6014) Days Payable : 33.97 (As of Dec. 2023)


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What is Alamar Foods Co Days Payable?

Alamar Foods Co's average Accounts Payable for the three months ended in Dec. 2023 was ﷼59.8 Mil. Alamar Foods Co's Cost of Goods Sold for the three months ended in Dec. 2023 was ﷼160.5 Mil. Hence, Alamar Foods Co's Days Payable for the three months ended in Dec. 2023 was 33.97.

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

SAU:6014' s Days Payable Range Over the Past 10 Years
Min: 32.15   Med: 38.22   Max: 51.38
Current: 32.15

During the past 4 years, Alamar Foods Co's highest Days Payable was 51.38. The lowest was 32.15. And the median was 38.22.

SAU:6014's Days Payable is ranked worse than
62.17% of 341 companies
in the Restaurants industry
Industry Median: 38.28 vs SAU:6014: 32.15

Alamar Foods Co's Days Payable increased from Dec. 2022 (33.52) to Dec. 2023 (33.97). It may suggest that Alamar Foods Co delayed paying its suppliers.


Alamar Foods Co Days Payable Historical Data

The historical data trend for Alamar Foods 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.

Alamar Foods Co Days Payable Chart

Alamar Foods Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Days Payable
51.38 39.78 32.61 36.65

Alamar Foods Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 33.52 32.83 30.74 26.94 33.97

Competitive Comparison of Alamar Foods Co's Days Payable

For the Restaurants subindustry, Alamar Foods 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.


Alamar Foods Co's Days Payable Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Alamar Foods Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Alamar Foods Co's Days Payable falls into.



Alamar Foods 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.

Alamar Foods 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
=( (70.605 + 69.714) / 2 ) / 698.651*365
=70.1595 / 698.651*365
=36.65

Alamar Foods Co's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

Days Payable (Q: Dec. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2023 ) + Accounts Payable (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (49.805 + 69.714) / 2 ) / 160.512*365 / 4
=59.7595 / 160.512*365 / 4
=33.97

* 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.


Alamar Foods Co Days Payable Related Terms

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Alamar Foods Co (SAU:6014) Business Description

Traded in Other Exchanges
N/A
Address
3507 Prince Sultan Bin Abdulaziz Road, Unit 1, Al Olaya, Riyadh, SAU
Alamar Foods Co is a Quick Service Restaurant (QSR) operator in the Middle East, North Africa, and Pakistan (MENAP Region). The company is into Establishing, operating and managing of fast food restaurants.

Alamar Foods Co (SAU:6014) Headlines

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