Arabian Food and Dairy Factories Co (SAU:9536) Days Payable : 32.96 (As of Dec. 2023)

View and export this data going back to 2022. Start your Free Trial

What is Arabian Food and Dairy Factories Co Days Payable?

Arabian Food and Dairy Factories Co's average Accounts Payable for the six months ended in Dec. 2023 was ﷼3.05 Mil. Arabian Food and Dairy Factories Co's Cost of Goods Sold for the six months ended in Dec. 2023 was ﷼16.91 Mil. Hence, Arabian Food and Dairy Factories Co's Days Payable for the six months ended in Dec. 2023 was 32.96.

The historical rank and industry rank for Arabian Food and Dairy Factories Co's Days Payable or its related term are showing as below:

SAU:9536' s Days Payable Range Over the Past 10 Years
Min: 24.03 Med: 27.78 Max: 37.19
Current: 30.24

During the past 3 years, Arabian Food and Dairy Factories Co's highest Days Payable was 37.19. The lowest was 24.03. And the median was 27.78.

SAU:9536's Days Payable is ranked worse than
71.09% of 1788 companies
in the Consumer Packaged Goods industry
Industry Median: 45.795 vs SAU:9536: 30.24

Arabian Food and Dairy Factories Co's Days Payable declined from Dec. 2022 (34.19) to Dec. 2023 (32.96). It may suggest that Arabian Food and Dairy Factories Co accelerated paying its suppliers.

Arabian Food and Dairy Factories Co Days Payable Historical Data

The historical data trend for Arabian Food and Dairy Factories 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.

Arabian Food and Dairy Factories Co Days Payable Chart

Arabian Food and Dairy Factories Co Annual Data

Trend

Dec21

Dec22

Dec23

Days Payable

37.19

27.78

24.03

Arabian Food and Dairy Factories Co Semi-Annual Data
	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial			33.00	41.81	34.19	33.75	32.96

Competitive Comparison of Arabian Food and Dairy Factories Co's Days Payable

For the Packaged Foods subindustry, Arabian Food and Dairy Factories 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 Food and Dairy Factories Co's Days Payable Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Arabian Food and Dairy Factories Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Arabian Food and Dairy Factories Co's Days Payable falls into.

Arabian Food and Dairy Factories 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 Food and Dairy Factories 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
=	( (2.2	+	2.201)	/	2 )	/	33.426	*	365
=	2.2005					/	33.426	*	365
=	24.03

Arabian Food and Dairy Factories 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
=	( (3.908	+	2.201)	/	2 )	/	16.914	*	365 / 2
=	3.0545					/	16.914	*	365 / 2
=	32.96

Arabian Food and Dairy Factories Co Days Payable Related Terms

Thank you for viewing the detailed overview of Arabian Food and Dairy Factories Co's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Arabian Food and Dairy Factories Co (SAU:9536) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Arabian Food and Dairy Factories Co (SAU:9536) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Dammam Industrial City, P.O.Box 195, Dammam, SAU, 31952

Website

https://www.fadeco.com

Arabian Food and Dairy Factories Co is engaged in the production and sale of ice cream within the Kingdom of Saudi Arabia, and the company operates in a single geographical segment which is the Kingdom of Saudi Arabia.

Arabian Food and Dairy Factories Co (SAU:9536) Headlines

No Headlines