Canadian Medical Center Co (SAU:9518) Days Payable : 43.06 (As of Jun. 2024)

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What is Canadian Medical Center Co Days Payable?

Canadian Medical Center Co's average Accounts Payable for the six months ended in Jun. 2024 was ﷼9.4 Mil. Canadian Medical Center Co's Cost of Goods Sold for the six months ended in Jun. 2024 was ﷼39.7 Mil. Hence, Canadian Medical Center Co's Days Payable for the six months ended in Jun. 2024 was 43.06.

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

SAU:9518' s Days Payable Range Over the Past 10 Years
Min: 19.83 Med: 24.66 Max: 40.47
Current: 40.47

During the past 4 years, Canadian Medical Center Co's highest Days Payable was 40.47. The lowest was 19.83. And the median was 24.66.

SAU:9518's Days Payable is ranked worse than
65.5% of 600 companies
in the Healthcare Providers & Services industry
Industry Median: 61.05 vs SAU:9518: 40.47

Canadian Medical Center Co's Days Payable increased from Jun. 2023 (34.10) to Jun. 2024 (43.06). It may suggest that Canadian Medical Center Co delayed paying its suppliers.

Canadian Medical Center Co Days Payable Historical Data

The historical data trend for Canadian Medical Center 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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Canadian Medical Center Co Days Payable Chart

Canadian Medical Center Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Payable

19.83

25.65

28.38

23.67

Canadian Medical Center Co Semi-Annual Data
	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Days Payable	Get a 7-Day Free Trial				26.99	24.71	34.10	27.57	43.06

Competitive Comparison of Canadian Medical Center Co's Days Payable

For the Medical Care Facilities subindustry, Canadian Medical Center 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.

Canadian Medical Center Co's Days Payable Distribution in the Healthcare Providers & Services Industry

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

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

Canadian Medical Center 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.

Canadian Medical Center 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
=	( (4.545	+	4.378)	/	2 )	/	68.801	*	365
=	4.4615					/	68.801	*	365
=	23.67

Canadian Medical Center Co's Days Payable for the quarter that ended in Jun. 2024 is calculated as:

	Days Payable (Q: Jun. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
=	( (4.378	+	14.362)	/	2 )	/	39.714	*	365 / 2
=	9.37					/	39.714	*	365 / 2
=	43.06

Canadian Medical Center Co Days Payable Related Terms

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Canadian Medical Center Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Canadian Medical Center Co (SAU:9518) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Al Khobar - Abqaiq, Dammam, SAU

Website

https://sa.canadian-mc.com

Canadian Medical Center Co is engaged in providing medical services. Activities of the company are management of hospitals and health centers and trade in hospital tools and equipment and ambulances. It has one sector which is the activity of medical services, and geographically only operates in the Kingdom of Saudi Arabia.

Canadian Medical Center Co Headlines

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