Abdul Mohsen Al-Hokair Group for Tourism and Development Co (SAU:1820) Days Payable : 175.92 (As of Dec. 2023)

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What is Abdul Mohsen Al-Hokair Group for Tourism and Development Co Days Payable?

Abdul Mohsen Al-Hokair Group for Tourism and Development Co's average Accounts Payable for the three months ended in Dec. 2023 was ﷼225.8 Mil. Abdul Mohsen Al-Hokair Group for Tourism and Development Co's Cost of Goods Sold for the three months ended in Dec. 2023 was ﷼117.1 Mil. Hence, Abdul Mohsen Al-Hokair Group for Tourism and Development Co's Days Payable for the three months ended in Dec. 2023 was 175.92.

The historical rank and industry rank for Abdul Mohsen Al-Hokair Group for Tourism and Development Co's Days Payable or its related term are showing as below:

SAU:1820' s Days Payable Range Over the Past 10 Years
Min: 28.79 Med: 41.97 Max: 144.68
Current: 144.68

During the past 12 years, Abdul Mohsen Al-Hokair Group for Tourism and Development Co's highest Days Payable was 144.68. The lowest was 28.79. And the median was 41.97.

SAU:1820's Days Payable is ranked better than
76.19% of 756 companies
in the Travel & Leisure industry
Industry Median: 59.87 vs SAU:1820: 144.68

Abdul Mohsen Al-Hokair Group for Tourism and Development Co's Days Payable increased from Dec. 2022 (114.63) to Dec. 2023 (175.92). It may suggest that Abdul Mohsen Al-Hokair Group for Tourism and Development Co delayed paying its suppliers.

Abdul Mohsen Al-Hokair Group for Tourism and Development Co Days Payable Historical Data

The historical data trend for Abdul Mohsen Al-Hokair Group for Tourism and Development 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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Abdul Mohsen Al-Hokair Group for Tourism and Development Co Days Payable Chart

Abdul Mohsen Al-Hokair Group for Tourism and Development Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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43.97

105.60

96.72

63.36

90.40

Abdul Mohsen Al-Hokair Group for Tourism and Development Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															114.63	129.47	169.06	160.52	175.92

Competitive Comparison of Abdul Mohsen Al-Hokair Group for Tourism and Development Co's Days Payable

For the Lodging subindustry, Abdul Mohsen Al-Hokair Group for Tourism and Development 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.

Abdul Mohsen Al-Hokair Group for Tourism and Development Co's Days Payable Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Abdul Mohsen Al-Hokair Group for Tourism and Development Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Abdul Mohsen Al-Hokair Group for Tourism and Development Co's Days Payable falls into.

Abdul Mohsen Al-Hokair Group for Tourism and Development 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.

Abdul Mohsen Al-Hokair Group for Tourism and Development 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
=	( (109.334	+	165.198)	/	2 )	/	554.24	*	365
=	137.266					/	554.24	*	365
=	90.40

Abdul Mohsen Al-Hokair Group for Tourism and Development 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
=	( (286.388	+	165.198)	/	2 )	/	117.116	*	365 / 4
=	225.793					/	117.116	*	365 / 4
=	175.92

Abdul Mohsen Al-Hokair Group for Tourism and Development Co Days Payable Related Terms

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Abdul Mohsen Al-Hokair Group for Tourism and Development Co (SAU:1820) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Abdul Mohsen Al-Hokair Group for Tourism and Development Co (SAU:1820) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

North Ring between exit 4 and 5 after Double Tree Hilton, P.O. Box 57750, Al Murooj District, Riyadh, SAU, 11584

Website

https://www.alhokair.com

Abdul Mohsen Al-Hokair Group for Tourism and Development Company is engaged in the hospitality and entertainment industries in the Kingdom of Saudi Arabia. It operates and manages hotels, tourist resorts, shopping malls, restaurants, meetings, and events. Its reportable segment involves Hotels, Entertainment, and Others.

Abdul Mohsen Al-Hokair Group for Tourism and Development Co (SAU:1820) Headlines

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