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SALudi Logistics Services Co (SAU:4263) Days Payable : 20.53 (As of Mar. 2024)


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What is SALudi Logistics Services Co Days Payable?

SALudi Logistics Services Co's average Accounts Payable for the three months ended in Mar. 2024 was ﷼43.1 Mil. SALudi Logistics Services Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ﷼191.5 Mil. Hence, SALudi Logistics Services Co's Days Payable for the three months ended in Mar. 2024 was 20.53.

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

SAU:4263' s Days Payable Range Over the Past 10 Years
Min: 29.42   Med: 33.47   Max: 82.1
Current: 82.1

During the past 2 years, SALudi Logistics Services Co's highest Days Payable was 82.10. The lowest was 29.42. And the median was 33.47.

SAU:4263's Days Payable is ranked better than
78.39% of 930 companies
in the Transportation industry
Industry Median: 38.395 vs SAU:4263: 82.10

SALudi Logistics Services Co's Days Payable increased from . 20 (0.00) to Mar. 2024 (20.53). It may suggest that SALudi Logistics Services Co delayed paying its suppliers.

SALudi Logistics Services Co Days Payable Historical Data

The historical data trend for SALudi Logistics 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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SALudi Logistics Services Co Days Payable Chart

SALudi Logistics Services Co Annual Data
Trend Dec22 Dec23
Days Payable
37.51 29.42

SALudi Logistics Services Co Quarterly Data
Dec22 Mar23 Dec23 Mar24
Days Payable - 37.02 - 20.53

Competitive Comparison of SALudi Logistics Services Co's Days Payable

For the Integrated Freight & Logistics subindustry, SALudi Logistics 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.

SALudi Logistics Services Co's Days Payable Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, SALudi Logistics Services Co's Days Payable distribution charts can be found below:

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


SALudi Logistics 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.

SALudi Logistics Services 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
=( (64.922 + 44.735) / 2 ) / 680.143*365
=54.8285 / 680.143*365
=29.42

SALudi Logistics Services Co's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

Days Payable (Q: Mar. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2023 ) + Accounts Payable (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (44.735 + 41.435) / 2 ) / 191.543*365 / 4
=43.085 / 191.543*365 / 4
=20.53

* 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.

SALudi Logistics Services Co Days Payable Related Terms

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SALudi Logistics Services Co (SAU:4263) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » SAL Saudi Logistics Services Co (SAU:4263) » Definitions » Days Payable
Comparable Companies
Traded in Other Exchanges
N/A
Address
Prince Sultan Road, P.O. Box 23525, Zahran Building, Salamah, Jeddah, SAU, 2661
Website
https://www.sal.sa
SAL Saudi Logistics Services Co is a company engaged in providing supply chain solutions in Saudi Arabia. It creates integrated solutions to deliver end-to-end services for businesses across the economy wide supply chain. The company has three streams; Air cargo handling, Terminal handling and logistics solutions. The maximum revenue of the company comes from Terminal Handling.

SALudi Logistics Services Co (SAU:4263) Headlines

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