Akdital (CAS:AKT) Days Payable : 219.70 (As of Jun. 2023)

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What is Akdital Days Payable?

Akdital's average Accounts Payable for the six months ended in Jun. 2023 was MAD490 Mil. Akdital's Cost of Goods Sold for the six months ended in Jun. 2023 was MAD407 Mil. Hence, Akdital's Days Payable for the six months ended in Jun. 2023 was 219.70.

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

CAS:AKT' s Days Payable Range Over the Past 10 Years
Min: 222.04 Med: 364.41 Max: 676.94
Current: 222.04

During the past 4 years, Akdital's highest Days Payable was 676.94. The lowest was 222.04. And the median was 364.41.

CAS:AKT's Days Payable is ranked better than
84.04% of 589 companies
in the Healthcare Providers & Services industry
Industry Median: 62.09 vs CAS:AKT: 222.04

Akdital's Days Payable declined from Jun. 2022 (225.74) to Jun. 2023 (219.70). It may suggest that Akdital accelerated paying its suppliers.

Akdital Days Payable Historical Data

The historical data trend for Akdital'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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Akdital Days Payable Chart

Akdital Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Days Payable

676.94

448.12

274.55

280.70

Akdital Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Days Payable	Get a 7-Day Free Trial			343.20	231.71	225.74	238.56	219.70

Competitive Comparison of Akdital's Days Payable

For the Medical Care Facilities subindustry, Akdital'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.

Akdital's Days Payable Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Akdital's Days Payable distribution charts can be found below:

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

Akdital 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.

Akdital's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (307.458	+	446.879)	/	2 )	/	490.447	*	365
=	377.1685					/	490.447	*	365
=	280.70

Akdital's Days Payable for the quarter that ended in Jun. 2023 is calculated as:

	Days Payable (Q: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2022 )	+	Accounts Payable (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (446.879	+	532.57)	/	2 )	/	406.796	*	365 / 2
=	489.7245					/	406.796	*	365 / 2
=	219.70

Akdital Days Payable Related Terms

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Akdital (CAS:AKT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Akdital (CAS:AKT) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

258 Route de l’Oasis, Casablanca, MAR, 20250

Website

https://www.akdital.ma

Akdital operates private healthcare clinics. The company offers healthcare services such as cardiac surgery, neurosurgery, oncology, radiotherapy, intensive care, and neonatal care, providing patients with comprehensive care according to international standards.