Saudi Real Estate Co (SAU:4020) Days Payable : 41.68 (As of Mar. 2024)

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What is Saudi Real Estate Co Days Payable?

Saudi Real Estate Co's average Accounts Payable for the three months ended in Mar. 2024 was ﷼136 Mil. Saudi Real Estate Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ﷼299 Mil. Hence, Saudi Real Estate Co's Days Payable for the three months ended in Mar. 2024 was 41.68.

The historical rank and industry rank for Saudi Real Estate Co's Days Payable or its related term are showing as below:

SAU:4020' s Days Payable Range Over the Past 10 Years
Min: 16.53 Med: 194.91 Max: 306.19
Current: 33.63

During the past 13 years, Saudi Real Estate Co's highest Days Payable was 306.19. The lowest was 16.53. And the median was 194.91.

SAU:4020's Days Payable is ranked worse than
78.67% of 1580 companies
in the Real Estate industry
Industry Median: 98.245 vs SAU:4020: 33.63

Saudi Real Estate Co's Days Payable increased from Mar. 2023 (26.31) to Mar. 2024 (41.68). It may suggest that Saudi Real Estate Co delayed paying its suppliers.

Saudi Real Estate Co Days Payable Historical Data

The historical data trend for Saudi Real Estate 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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Saudi Real Estate Co Days Payable Chart

Saudi Real Estate Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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194.91

90.92

43.81

16.53

29.43

Saudi Real Estate 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															26.31	28.60	38.51	29.58	41.68

Competitive Comparison of Saudi Real Estate Co's Days Payable

For the Real Estate Services subindustry, Saudi Real Estate 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.

Saudi Real Estate Co's Days Payable Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Saudi Real Estate Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Saudi Real Estate Co's Days Payable falls into.

Saudi Real Estate 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.

Saudi Real Estate 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
=	( (73.182	+	128.879)	/	2 )	/	1253.091	*	365
=	101.0305					/	1253.091	*	365
=	29.43

Saudi Real Estate 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
=	( (128.879	+	143.787)	/	2 )	/	298.502	*	365 / 4
=	136.333					/	298.502	*	365 / 4
=	41.68

Saudi Real Estate Co Days Payable Related Terms

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Saudi Real Estate Co (SAU:4020) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Saudi Real Estate Co (SAU:4020) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

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Address

Main Olaya Street, Akaria Center Plaza, 5th Floor, P.O Box 3572, Riyadh, SAU, 11481

Website

https://www.al-akaria.com

Saudi Real Estate Co is engaged in real estate development and services which include the design, construction, maintenance, and management of commercial and residential buildings. Some of the existing projects of the company are Real Estate 2, Real Estate 3, Manazel Real Estate and many more. It has four reportable segments namely the Residential sector and Commercial sectors, Service sector and Head office.

Saudi Real Estate Co (SAU:4020) Headlines

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