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Yanbu National Petrochemicals Co (SAU:2290) Days Payable : 36.73 (As of Mar. 2024)


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What is Yanbu National Petrochemicals Co Days Payable?

Yanbu National Petrochemicals Co's average Accounts Payable for the three months ended in Mar. 2024 was ﷼468 Mil. Yanbu National Petrochemicals Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ﷼1,162 Mil. Hence, Yanbu National Petrochemicals Co's Days Payable for the three months ended in Mar. 2024 was 36.73.

The historical rank and industry rank for Yanbu National Petrochemicals Co's Days Payable or its related term are showing as below:

SAU:2290' s Days Payable Range Over the Past 10 Years
Min: 20.33   Med: 31.15   Max: 48.42
Current: 28.76

During the past 13 years, Yanbu National Petrochemicals Co's highest Days Payable was 48.42. The lowest was 20.33. And the median was 31.15.

SAU:2290's Days Payable is ranked worse than
81.99% of 1505 companies
in the Chemicals industry
Industry Median: 61 vs SAU:2290: 28.76

Yanbu National Petrochemicals Co's Days Payable declined from Mar. 2023 (47.81) to Mar. 2024 (36.73). It may suggest that Yanbu National Petrochemicals Co accelerated paying its suppliers.


Yanbu National Petrochemicals Co Days Payable Historical Data

The historical data trend for Yanbu National Petrochemicals 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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Yanbu National Petrochemicals Co Days Payable Chart

Yanbu National Petrochemicals Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 34.67 48.42 27.62 24.07 47.02

Yanbu National Petrochemicals Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 47.81 26.97 24.59 29.09 36.73

Competitive Comparison of Yanbu National Petrochemicals Co's Days Payable

For the Chemicals subindustry, Yanbu National Petrochemicals 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.


Yanbu National Petrochemicals Co's Days Payable Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Yanbu National Petrochemicals Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Yanbu National Petrochemicals Co's Days Payable falls into.



Yanbu National Petrochemicals 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.

Yanbu National Petrochemicals 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
=( (593.047 + 588.44) / 2 ) / 4586.096*365
=590.7435 / 4586.096*365
=47.02

Yanbu National Petrochemicals 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
=( (588.44 + 346.898) / 2 ) / 1161.881*365 / 4
=467.669 / 1161.881*365 / 4
=36.73

* 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.


Yanbu National Petrochemicals Co Days Payable Related Terms

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Yanbu National Petrochemicals Co (SAU:2290) Business Description

Traded in Other Exchanges
N/A
Address
Yanbu Industrial City, P.O. Box 31396, Yanbu, SAU, 41912
Yanbu National Petrochemicals Co is a Saudi Arabian manufacturer of petrochemical products such as ethylene, ethylene glycol, high-density polyethylene, low linear density polyethylene, polypropylene, butene 1, butene 2, MTBE, and BTX, among others.

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