Taaleem Management Services Co (CAI:TALM) Days Payable : 38.78 (As of Feb. 2024)

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What is Taaleem Management Services Co Days Payable?

Taaleem Management Services Co's average Accounts Payable for the three months ended in Feb. 2024 was E£31 Mil. Taaleem Management Services Co's Cost of Goods Sold for the three months ended in Feb. 2024 was E£73 Mil. Hence, Taaleem Management Services Co's Days Payable for the three months ended in Feb. 2024 was 38.78.

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

CAI:TALM' s Days Payable Range Over the Past 10 Years
Min: 25.29 Med: 37.63 Max: 48.07
Current: 41.96

During the past 6 years, Taaleem Management Services Co's highest Days Payable was 48.07. The lowest was 25.29. And the median was 37.63.

CAI:TALM's Days Payable is ranked better than
53.77% of 212 companies
in the Education industry
Industry Median: 36.8 vs CAI:TALM: 41.96

Taaleem Management Services Co's Days Payable declined from Feb. 2023 (38.94) to Feb. 2024 (38.78). It may suggest that Taaleem Management Services Co accelerated paying its suppliers.

Taaleem Management Services Co Days Payable Historical Data

The historical data trend for Taaleem Management Services 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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Taaleem Management Services Co Days Payable Chart

Taaleem Management Services Co Annual Data

Trend

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Days Payable

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36.07

39.19

28.53

25.29

48.07

Taaleem Management Services Co Quarterly Data
	Aug18	Aug19	Nov19	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Days Payable	Get a 7-Day Free Trial														38.94	33.96	58.86	43.54	38.78

Competitive Comparison of Taaleem Management Services Co's Days Payable

For the Education & Training Services subindustry, Taaleem Management Services 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.

Taaleem Management Services Co's Days Payable Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Taaleem Management Services Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Taaleem Management Services Co's Days Payable falls into.

Taaleem Management Services 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.

Taaleem Management Services Co's Days Payable for the fiscal year that ended in Aug. 2023 is calculated as

	Days Payable (A: Aug. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Aug. 2022 )	+	Accounts Payable (A: Aug. 2023 ))	/	count )	/	Cost of Goods Sold (A: Aug. 2023 )	*	Days in Period
=	( (19.598	+	40.426)	/	2 )	/	227.862	*	365
=	30.012					/	227.862	*	365
=	48.07

Taaleem Management Services Co's Days Payable for the quarter that ended in Feb. 2024 is calculated as:

	Days Payable (Q: Feb. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Nov. 2023 )	+	Accounts Payable (Q: Feb. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Feb. 2024 )	*	Days in Period
=	( (26.038	+	36.126)	/	2 )	/	73.138	*	365 / 4
=	31.082					/	73.138	*	365 / 4
=	38.78

Taaleem Management Services Co Days Payable Related Terms

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Taaleem Management Services Co (CAI:TALM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Taaleem Management Services Co (CAI:TALM) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Plot number 12, Unit number (N3-01), Third floor, Neptune building number (2), Crazy water axis,, Sheikh Zayed, EGY

Website

https://www.taaleem.me

Taaleem Management Services Co is a higher education management company that provides methods of education aligned with the future needs of the working environment.

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