Arabian International Healthcare Holding Co (SAU:9530) Days Payable : 121.13 (As of Dec. 2023)

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What is Arabian International Healthcare Holding Co Days Payable?

Arabian International Healthcare Holding Co's average Accounts Payable for the six months ended in Dec. 2023 was ﷼241.7 Mil. Arabian International Healthcare Holding Co's Cost of Goods Sold for the six months ended in Dec. 2023 was ﷼364.1 Mil. Hence, Arabian International Healthcare Holding Co's Days Payable for the six months ended in Dec. 2023 was 121.13.

The historical rank and industry rank for Arabian International Healthcare Holding Co's Days Payable or its related term are showing as below:

SAU:9530' s Days Payable Range Over the Past 10 Years
Min: 143.44 Med: 162.65 Max: 187.7
Current: 145.44

During the past 5 years, Arabian International Healthcare Holding Co's highest Days Payable was 187.70. The lowest was 143.44. And the median was 162.65.

SAU:9530's Days Payable is ranked better than
76.91% of 589 companies
in the Healthcare Providers & Services industry
Industry Median: 62.09 vs SAU:9530: 145.44

Arabian International Healthcare Holding Co's Days Payable declined from Dec. 2022 (128.93) to Dec. 2023 (121.13). It may suggest that Arabian International Healthcare Holding Co accelerated paying its suppliers.

Arabian International Healthcare Holding Co Days Payable Historical Data

The historical data trend for Arabian International Healthcare Holding 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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Arabian International Healthcare Holding Co Days Payable Chart

Arabian International Healthcare Holding Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

187.70

162.65

166.53

151.32

143.44

Arabian International Healthcare Holding Co Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial			97.18	178.19	128.93	182.90	121.13

Competitive Comparison of Arabian International Healthcare Holding Co's Days Payable

For the Medical Care Facilities subindustry, Arabian International Healthcare Holding 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.

Arabian International Healthcare Holding Co's Days Payable Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Arabian International Healthcare Holding Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Arabian International Healthcare Holding Co's Days Payable falls into.

Arabian International Healthcare Holding 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.

Arabian International Healthcare Holding 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
=	( (254.094	+	230.761)	/	2 )	/	616.886	*	365
=	242.4275					/	616.886	*	365
=	143.44

Arabian International Healthcare Holding 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: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (252.576	+	230.761)	/	2 )	/	364.11	*	365 / 2
=	241.6685					/	364.11	*	365 / 2
=	121.13

Arabian International Healthcare Holding Co Days Payable Related Terms

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Arabian International Healthcare Holding Co (SAU:9530) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Arabian International Healthcare Holding Co (SAU:9530) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Al Marhoma Street, Business Gate, Qortubah, Riyadh, SAU

Website

https://www.tibbiyah.com

Arabian International Healthcare Holding Co provides integrated medical solutions to healthcare providers in the health sector in Saudi Arabia through its subsidiaries. Its projects include Cardiology, Intensive care, Operating rooms, Oncology, Hospital Infrastructure, and Others.

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