Nama Chemicals Company (SAU:2210) Days Payable : 124.51 (As of Dec. 2023)

View and export this data going back to 1998. Start your Free Trial

What is Nama Chemicals Company Days Payable?

Nama Chemicals Company's average Accounts Payable for the three months ended in Dec. 2023 was ﷼157.8 Mil. Nama Chemicals Company's Cost of Goods Sold for the three months ended in Dec. 2023 was ﷼115.7 Mil. Hence, Nama Chemicals Company's Days Payable for the three months ended in Dec. 2023 was 124.51.

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

SAU:2210' s Days Payable Range Over the Past 10 Years
Min: 43.72 Med: 80.31 Max: 149
Current: 118.66

During the past 13 years, Nama Chemicals Company's highest Days Payable was 149.00. The lowest was 43.72. And the median was 80.31.

SAU:2210's Days Payable is ranked better than
82.9% of 1503 companies
in the Chemicals industry
Industry Median: 60.47 vs SAU:2210: 118.66

Nama Chemicals Company's Days Payable declined from Dec. 2022 (130.60) to Dec. 2023 (124.51). It may suggest that Nama Chemicals Company accelerated paying its suppliers.

Nama Chemicals Company Days Payable Historical Data

The historical data trend for Nama Chemicals Company'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.

* Premium members only.

Nama Chemicals Company Days Payable Chart

Nama Chemicals Company Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

57.21

80.31

126.04

149.00

120.94

Nama Chemicals Company 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															130.60	109.14	110.80	129.51	124.51

Competitive Comparison of Nama Chemicals Company's Days Payable

For the Chemicals subindustry, Nama Chemicals Company'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.

Nama Chemicals Company's Days Payable Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Nama Chemicals Company's Days Payable distribution charts can be found below:

* The bar in red indicates where Nama Chemicals Company's Days Payable falls into.

Nama Chemicals Company 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.

Nama Chemicals Company'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
=	( (167.694	+	155.646)	/	2 )	/	487.932	*	365
=	161.67					/	487.932	*	365
=	120.94

Nama Chemicals Company'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
=	( (160.026	+	155.646)	/	2 )	/	115.676	*	365 / 4
=	157.836					/	115.676	*	365 / 4
=	124.51

Nama Chemicals Company Days Payable Related Terms

Thank you for viewing the detailed overview of Nama Chemicals Company's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Nama Chemicals Company (SAU:2210) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Nama Chemicals Company (SAU:2210) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jubail Industrial City, P. O. Box 11919, Jubail, SAU, 31961

Website

https://www.nama.com.sa

Nama Chemicals Company are to own, establish , operate and manage industrial projects in the petrochemical and chemical fields and engaged in real estate operations.

Nama Chemicals Company (SAU:2210) Headlines

No Headlines