Cairo For Investment And Real Estate Developments CIRA Education (CAI:CIRA) Days Payable : 0.00 (As of Nov. 2023)

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What is Cairo For Investment And Real Estate Developments CIRA Education Days Payable?

Cairo For Investment And Real Estate Developments CIRA Education's average Accounts Payable for the three months ended in Nov. 2023 was E£1,078 Mil. Cairo For Investment And Real Estate Developments CIRA Education's Cost of Goods Sold for the three months ended in Nov. 2023 was E£0 Mil.

The historical rank and industry rank for Cairo For Investment And Real Estate Developments CIRA Education's Days Payable or its related term are showing as below:

During the past 7 years, Cairo For Investment And Real Estate Developments CIRA Education's highest Days Payable was 294.31. The lowest was 16.96. And the median was 152.29.

CAI:CIRA's Days Payable is not ranked ^*
in the Education industry.
Industry Median: 35.575
* Ranked among companies with meaningful Days Payable only.

Cairo For Investment And Real Estate Developments CIRA Education's Days Payable declined from Nov. 2022 (243.50) to Nov. 2023 (0.00). It may suggest that Cairo For Investment And Real Estate Developments CIRA Education accelerated paying its suppliers.

Cairo For Investment And Real Estate Developments CIRA Education Days Payable Historical Data

The historical data trend for Cairo For Investment And Real Estate Developments CIRA Education'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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Cairo For Investment And Real Estate Developments CIRA Education Days Payable Chart

Cairo For Investment And Real Estate Developments CIRA Education Annual Data

Trend

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Days Payable

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152.29

137.91

262.08

294.31

252.54

Cairo For Investment And Real Estate Developments CIRA Education Quarterly Data
	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23
Days Payable	Get a 7-Day Free Trial															243.50	-	-	-	-

Competitive Comparison of Cairo For Investment And Real Estate Developments CIRA Education's Days Payable

For the Education & Training Services subindustry, Cairo For Investment And Real Estate Developments CIRA Education'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.

Cairo For Investment And Real Estate Developments CIRA Education's Days Payable Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Cairo For Investment And Real Estate Developments CIRA Education's Days Payable distribution charts can be found below:

* The bar in red indicates where Cairo For Investment And Real Estate Developments CIRA Education's Days Payable falls into.

Cairo For Investment And Real Estate Developments CIRA Education 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.

Cairo For Investment And Real Estate Developments CIRA Education's Days Payable for the fiscal year that ended in Aug. 2023 is calculated as

	Days Payable (A: Aug. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Aug. 2022 )	+	Accounts Payable (A: Aug. 2023 ))	/	count )	/	Cost of Goods Sold (A: Aug. 2023 )	*	Days in Period
=	( (740.544	+	1077.914)	/	2 )	/	1314.12	*	365
=	909.229					/	1314.12	*	365
=	252.54

Cairo For Investment And Real Estate Developments CIRA Education's Days Payable for the quarter that ended in Nov. 2023 is calculated as:

	Days Payable (Q: Nov. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Aug. 2023 )	+	Accounts Payable (Q: Nov. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Nov. 2023 )	*	Days in Period
=	( (1077.914	+	0)	/	1 )	/	0	*	365 / 4
=	1077.914					/	0	*	365 / 4
=	N/A

Cairo For Investment And Real Estate Developments CIRA Education Days Payable Related Terms

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Cairo For Investment And Real Estate Developments CIRA Education (CAI:CIRA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Cairo For Investment And Real Estate Developments CIRA Education (CAI:CIRA) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

36 Sheikh Ahmed El Sawy Street, Nasr City, Cairo, EGY

Website

https://cira.com.eg

Cairo For Investment And Real Estate Developments CIRA Education Formerly Cairo Investment and Real Estate Development is an Egypt-based provider of educational services in the private sector. The company engaged in two reportable segments which include the School segment, and the Higher Education segment. The majority of revenue derives from the Higher Education segment.

Cairo For Investment And Real Estate Developments CIRA Education (CAI:CIRA) Headlines

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