Halwani Bros (SAU:6001) Days Payable : 28.95 (As of Mar. 2024)

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What is Halwani Bros Days Payable?

Halwani Bros's average Accounts Payable for the three months ended in Mar. 2024 was ﷼59.6 Mil. Halwani Bros's Cost of Goods Sold for the three months ended in Mar. 2024 was ﷼187.8 Mil. Hence, Halwani Bros's Days Payable for the three months ended in Mar. 2024 was 28.95.

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

SAU:6001' s Days Payable Range Over the Past 10 Years
Min: 31.08 Med: 36.58 Max: 39.17
Current: 31.08

During the past 13 years, Halwani Bros's highest Days Payable was 39.17. The lowest was 31.08. And the median was 36.58.

SAU:6001's Days Payable is ranked worse than
69.76% of 1789 companies
in the Consumer Packaged Goods industry
Industry Median: 46.09 vs SAU:6001: 31.08

Halwani Bros's Days Payable declined from Mar. 2023 (34.89) to Mar. 2024 (28.95). It may suggest that Halwani Bros accelerated paying its suppliers.

Halwani Bros Days Payable Historical Data

The historical data trend for Halwani Bros'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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Halwani Bros Days Payable Chart

Halwani Bros Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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36.58

37.90

39.17

36.54

35.96

Halwani Bros 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															34.89	36.17	27.98	32.17	28.95

Competitive Comparison of Halwani Bros's Days Payable

For the Packaged Foods subindustry, Halwani Bros'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.

Halwani Bros's Days Payable Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Halwani Bros's Days Payable distribution charts can be found below:

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

Halwani Bros 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.

Halwani Bros'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
=	( (68.464	+	70.785)	/	2 )	/	706.668	*	365
=	69.6245					/	706.668	*	365
=	35.96

Halwani Bros'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
=	( (70.785	+	48.389)	/	2 )	/	187.796	*	365 / 4
=	59.587					/	187.796	*	365 / 4
=	28.95

Halwani Bros Days Payable Related Terms

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Halwani Bros (SAU:6001) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Halwani Bros (SAU:6001) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jeddah Industrial Area, fourth stage, PO Box 690, Jeddah, SAU, 21421

Website

https://www.halwani.com.sa

Halwani Bros is a Saudi Arabia based company engaged in the manufacturing, packaging, wholesale and retail trade of food products. It is into the production, marketing, and distribution of chilled and frozen meat, and sesame products. It offers sweets, bakery products stuffed with dates, dairy products, processed meat products, jams, and juices; Halawa; tahini; and packaging products. Substantial revenue is generated from the domestic sale of sesame products. The Group uses the geographical segment only as it operates in manufacturing, filling, whole and retail trade of food products.

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