Aqaseem Factory for Chemicals & Plastics Co (SAU:9539) Days Payable : 0.00 (As of Dec. 2023)

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What is Aqaseem Factory for Chemicals & Plastics Co Days Payable?

Aqaseem Factory for Chemicals & Plastics Co's average Accounts Payable for the six months ended in Dec. 2023 was ﷼0.0 Mil. Aqaseem Factory for Chemicals & Plastics Co's Cost of Goods Sold for the six months ended in Dec. 2023 was ﷼54.8 Mil. Hence, Aqaseem Factory for Chemicals & Plastics Co's Days Payable for the six months ended in Dec. 2023 was 0.00.

The historical rank and industry rank for Aqaseem Factory for Chemicals & Plastics Co's Days Payable or its related term are showing as below:

SAU:9539' s Days Payable Range Over the Past 10 Years
Min: 67.65 Med: 71.91 Max: 98.35
Current: 91.8

During the past 3 years, Aqaseem Factory for Chemicals & Plastics Co's highest Days Payable was 98.35. The lowest was 67.65. And the median was 71.91.

SAU:9539's Days Payable is ranked better than
63.71% of 901 companies
in the Oil & Gas industry
Industry Median: 60.98 vs SAU:9539: 91.80

Aqaseem Factory for Chemicals & Plastics Co's Days Payable declined from Dec. 2022 (81.91) to Dec. 2023 (0.00). It may suggest that Aqaseem Factory for Chemicals & Plastics Co accelerated paying its suppliers.

Aqaseem Factory for Chemicals & Plastics Co Days Payable Historical Data

The historical data trend for Aqaseem Factory for Chemicals & Plastics 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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Aqaseem Factory for Chemicals & Plastics Co Days Payable Chart

Aqaseem Factory for Chemicals & Plastics Co Annual Data

Trend

Dec21

Dec22

Dec23

Days Payable

67.65

71.91

98.35

Aqaseem Factory for Chemicals & Plastics Co Semi-Annual Data
	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial			61.47	74.40	81.91	96.56	-

Competitive Comparison of Aqaseem Factory for Chemicals & Plastics Co's Days Payable

For the Oil & Gas Refining & Marketing subindustry, Aqaseem Factory for Chemicals & Plastics 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.

Aqaseem Factory for Chemicals & Plastics Co's Days Payable Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Aqaseem Factory for Chemicals & Plastics Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Aqaseem Factory for Chemicals & Plastics Co's Days Payable falls into.

Aqaseem Factory for Chemicals & Plastics 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.

Aqaseem Factory for Chemicals & Plastics 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
=	( (30.059	+	0)	/	1 )	/	111.56	*	365
=	30.059					/	111.56	*	365
=	98.35

Aqaseem Factory for Chemicals & Plastics 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
=	( (0	+	0)	/	1 )	/	54.75	*	365 / 2
=	0					/	54.75	*	365 / 2
=	0.00

Aqaseem Factory for Chemicals & Plastics Co Days Payable Related Terms

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Aqaseem Factory for Chemicals & Plastics Co (SAU:9539) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Aqaseem Factory for Chemicals & Plastics Co (SAU:9539) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

East Ring Road - between exit 17 and 18, Riyadh, SAU

Website

https://www.agaseem.sa

Aqaseem Factory for Chemicals & Plastics Co manufactures oils and lubricants. Its product offering comprises a range of Automotive Lubricants, Industrial Lubricants, Marine Lubricants, and Grease. The firm offers Gasoline Engine oil, diesel engine oil, Gear oil, turbine oil, compressor oil, and hydraulic oil, among others.

Aqaseem Factory for Chemicals & Plastics Co (SAU:9539) Headlines

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