Amwaj International Co (SAU:9537) Days Payable : 2.94 (As of Dec. 2023)

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What is Amwaj International Co Days Payable?

Amwaj International Co's average Accounts Payable for the six months ended in Dec. 2023 was ﷼1.8 Mil. Amwaj International Co's Cost of Goods Sold for the six months ended in Dec. 2023 was ﷼110.6 Mil. Hence, Amwaj International Co's Days Payable for the six months ended in Dec. 2023 was 2.94.

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

SAU:9537' s Days Payable Range Over the Past 10 Years
Min: 1.11 Med: 1.35 Max: 2.3
Current: 2.23

During the past 3 years, Amwaj International Co's highest Days Payable was 2.30. The lowest was 1.11. And the median was 1.35.

SAU:9537's Days Payable is ranked worse than
99.75% of 407 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 67.15 vs SAU:9537: 2.23

Amwaj International Co's Days Payable declined from Dec. 2022 (3.49) to Dec. 2023 (2.94). It may suggest that Amwaj International Co accelerated paying its suppliers.

Amwaj International Co Days Payable Historical Data

The historical data trend for Amwaj International 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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Amwaj International Co Days Payable Chart

Amwaj International Co Annual Data

Trend

Dec21

Dec22

Dec23

Days Payable

1.35

1.11

2.30

Amwaj International Co Semi-Annual Data
	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial			1.71	3.14	3.49	1.54	2.94

Competitive Comparison of Amwaj International Co's Days Payable

For the Furnishings, Fixtures & Appliances subindustry, Amwaj International 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.

Amwaj International Co's Days Payable Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Amwaj International Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Amwaj International Co's Days Payable falls into.

Amwaj International 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.

Amwaj International 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
=	( (0.792	+	2.209)	/	2 )	/	237.966	*	365
=	1.5005					/	237.966	*	365
=	2.30

Amwaj International Co'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: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (1.358	+	2.209)	/	2 )	/	110.635	*	365 / 2
=	1.7835					/	110.635	*	365 / 2
=	2.94

Amwaj International Co Days Payable Related Terms

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Amwaj International Co (SAU:9537) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Amwaj International Co (SAU:9537) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Alorouba Street, Alolaya, Riyadh, SAU

Website

https://www.amwaj-trd.com

Amwaj International Co is engaged in the field of selling and distributing electronic and home appliances. Its products include air conditioning; televisions; washing machines; water coolers; heaters and other products.

Amwaj International Co (SAU:9537) Headlines

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