Anghami (Anghami) Days Payable : 229.50 (As of Dec. 2023)

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What is Anghami Days Payable?

Anghami's average Accounts Payable for the six months ended in Dec. 2023 was $19.16 Mil. Anghami's Cost of Goods Sold for the six months ended in Dec. 2023 was $15.23 Mil. Hence, Anghami's Days Payable for the six months ended in Dec. 2023 was 229.50.

The historical rank and industry rank for Anghami's Days Payable or its related term are showing as below:

ANGH' s Days Payable Range Over the Past 10 Years
Min: 75.18 Med: 85.75 Max: 198.13
Current: 198.13

During the past 6 years, Anghami's highest Days Payable was 198.13. The lowest was 75.18. And the median was 85.75.

ANGH's Days Payable is ranked better than
77.56% of 927 companies
in the Media - Diversified industry
Industry Median: 81.28 vs ANGH: 198.13

Anghami's Days Payable increased from Dec. 2022 (163.13) to Dec. 2023 (229.50). It may suggest that Anghami delayed paying its suppliers.

Anghami Days Payable Historical Data

The historical data trend for Anghami'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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Anghami Days Payable Chart

Anghami Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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109.45

75.34

75.18

85.75

132.12

Anghami Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial				140.29	158.13	163.13	232.70	229.50

Competitive Comparison of Anghami's Days Payable

For the Entertainment subindustry, Anghami'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.

Anghami's Days Payable Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Anghami's Days Payable distribution charts can be found below:

* The bar in red indicates where Anghami's Days Payable falls into.

Anghami 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.

Anghami'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
=	( (12.312	+	10.194)	/	2 )	/	31.088	*	365
=	11.253					/	31.088	*	365
=	132.12

Anghami'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
=	( (28.121	+	10.194)	/	2 )	/	15.234	*	365 / 2
=	19.1575					/	15.234	*	365 / 2
=	229.50

Anghami Days Payable Related Terms

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Anghami (Anghami) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Anghami Inc (NAS:ANGH) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Abu Dhabi Global Market Square, Al Maryah Island, 16th Floor, Al-Khatem Tower, WeWork Hub71, Abu Dhabi, ARE

Website

https://www.anghami.com

Anghami Inc is a digital music entertainment technology platform in the Middle East and North Africa, with the largest catalog of songs. The company features licensed content from leading Arabic labels, independent artists, and distributors. It also features music from major International labels such as Universal, Sony, and Warner and is continuously licensing new content.