Marka PJSC (DFM:MARKA) Days Payable : 328.40 (As of Dec. 2018)

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What is Marka PJSC Days Payable?

Marka PJSC's average Accounts Payable for the three months ended in Dec. 2018 was د.إ76.59 Mil. Marka PJSC's Cost of Goods Sold for the three months ended in Dec. 2018 was د.إ21.28 Mil. Hence, Marka PJSC's Days Payable for the three months ended in Dec. 2018 was 328.40.

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

DFM:MARKA's Days Payable is not ranked ^*
in the Retail - Cyclical industry.
Industry Median: 56.64
* Ranked among companies with meaningful Days Payable only.

Marka PJSC's Days Payable increased from Dec. 2017 (230.83) to Dec. 2018 (328.40). It may suggest that Marka PJSC delayed paying its suppliers.

Marka PJSC Days Payable Historical Data

The historical data trend for Marka PJSC'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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Marka PJSC Days Payable Chart

Marka PJSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Days Payable

353.20

309.67

242.86

533.74

Marka PJSC Quarterly Data
	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18
Days Payable	Get a 7-Day Free Trial												230.83	560.79	509.07	665.51	328.40

Competitive Comparison of Marka PJSC's Days Payable

For the Department Stores subindustry, Marka PJSC'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.

Marka PJSC's Days Payable Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Marka PJSC's Days Payable distribution charts can be found below:

* The bar in red indicates where Marka PJSC's Days Payable falls into.

Marka PJSC 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.

Marka PJSC's Days Payable for the fiscal year that ended in Dec. 2018 is calculated as

	Days Payable (A: Dec. 2018 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2017 )	+	Accounts Payable (A: Dec. 2018 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2018 )	*	Days in Period
=	( (64.683	+	82.029)	/	2 )	/	50.165	*	365
=	73.356					/	50.165	*	365
=	533.74

Marka PJSC's Days Payable for the quarter that ended in Dec. 2018 is calculated as:

	Days Payable (Q: Dec. 2018 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2018 )	+	Accounts Payable (Q: Dec. 2018 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2018 )	*	Days in Period
=	( (71.154	+	82.029)	/	2 )	/	21.282	*	365 / 4
=	76.5915					/	21.282	*	365 / 4
=	328.40

Marka PJSC Days Payable Related Terms

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Marka PJSC (DFM:MARKA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Marka PJSC (DFM:MARKA) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Building 9, Level 3, D3 (Dubai Design District), PO Box 34771, Dubai, ARE

Website

http://www.markaholding.com

Marka PJSC is a Dubai-based company engaged in the operation of retail stores. It deals in luxury apparel, accessories, sports merchandise and other related products. In addition, the group also focuses on food and beverage sector. It operates restaurants and cafes in mid to high-end dining options across global cuisines. The activities of the company include the sale of merchandise, and food and beverage. The group is organised into four reportable segments namely Sports, Fashion, Hospitality and Other.

Marka PJSC (DFM:MARKA) Headlines

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