Arabian Internet and Communications Services Co (SAU:7202) Days Payable : 83.70 (As of Mar. 2024)

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What is Arabian Internet and Communications Services Co Days Payable?

Arabian Internet and Communications Services Co's average Accounts Payable for the three months ended in Mar. 2024 was ﷼2,008 Mil. Arabian Internet and Communications Services Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ﷼2,189 Mil. Hence, Arabian Internet and Communications Services Co's Days Payable for the three months ended in Mar. 2024 was 83.70.

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

SAU:7202' s Days Payable Range Over the Past 10 Years
Min: 36.93 Med: 39.12 Max: 104.28
Current: 104.28

During the past 4 years, Arabian Internet and Communications Services Co's highest Days Payable was 104.28. The lowest was 36.93. And the median was 39.12.

SAU:7202's Days Payable is ranked better than
50% of 346 companies
in the Telecommunication Services industry
Industry Median: 103.295 vs SAU:7202: 104.28

Arabian Internet and Communications Services Co's Days Payable increased from Mar. 2023 (80.67) to Mar. 2024 (83.70). It may suggest that Arabian Internet and Communications Services Co delayed paying its suppliers.

Arabian Internet and Communications Services Co Days Payable Historical Data

The historical data trend for Arabian Internet and Communications 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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Arabian Internet and Communications Services Co Days Payable Chart

Arabian Internet and Communications Services Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Payable

43.58

36.93

37.61

40.62

Arabian Internet and Communications Services Co Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial									80.67	124.59	125.40	71.64	83.70

Competitive Comparison of Arabian Internet and Communications Services Co's Days Payable

For the Telecom Services subindustry, Arabian Internet and Communications 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.

Arabian Internet and Communications Services Co's Days Payable Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Arabian Internet and Communications Services Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Arabian Internet and Communications Services Co's Days Payable falls into.

Arabian Internet and Communications 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.

Arabian Internet and Communications 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
=	( (940.038	+	939.043)	/	2 )	/	8442.875	*	365
=	939.5405					/	8442.875	*	365
=	40.62

Arabian Internet and Communications 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
=	( (939.043	+	3077.287)	/	2 )	/	2189.187	*	365 / 4
=	2008.165					/	2189.187	*	365 / 4
=	83.70

Arabian Internet and Communications Services Co Days Payable Related Terms

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Arabian Internet and Communications Services Co (SAU:7202) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Arabian Internet and Communications Services Co (SAU:7202) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Olaya Street, P.O. Box 50, Riyadh, SAU, 11372

Website

https://www.solutions.com.sa

Arabian Internet and Communications Services Co is an information and communication company. The company has three segments namely Core ICT Services, IT Managed and Operational Services and Digital Services. It derives majority of the revenue from Core ICT Services.

Arabian Internet and Communications Services Co (SAU:7202) Headlines

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