Salik Company PJSC (DFM:SALIK) Days Payable : 28.10 (As of Mar. 2024)

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What is Salik Company PJSC Days Payable?

Salik Company PJSC's average Accounts Payable for the three months ended in Mar. 2024 was د.إ46 Mil. Salik Company PJSC's Cost of Goods Sold for the three months ended in Mar. 2024 was د.إ151 Mil. Hence, Salik Company PJSC's Days Payable for the three months ended in Mar. 2024 was 28.10.

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

DFM:SALIK' s Days Payable Range Over the Past 10 Years
Min: 24.93 Med: 133.36 Max: 286.71
Current: 25.77

During the past 6 years, Salik Company PJSC's highest Days Payable was 286.71. The lowest was 24.93. And the median was 133.36.

DFM:SALIK's Days Payable is ranked worse than
91.21% of 1604 companies
in the Construction industry
Industry Median: 74.31 vs DFM:SALIK: 25.77

Salik Company PJSC's Days Payable increased from Mar. 2023 (21.82) to Mar. 2024 (28.10). It may suggest that Salik Company PJSC delayed paying its suppliers.

Salik Company PJSC Days Payable Historical Data

The historical data trend for Salik Company 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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Salik Company PJSC Days Payable Chart

Salik Company PJSC Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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133.36

274.62

286.71

44.45

24.93

Salik Company PJSC Quarterly Data
	Dec19	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial									21.82	21.85	27.22	25.71	28.10

Competitive Comparison of Salik Company PJSC's Days Payable

For the Infrastructure Operations subindustry, Salik Company 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.

Salik Company PJSC's Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, Salik Company PJSC's Days Payable distribution charts can be found below:

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

Salik Company 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.

Salik Company PJSC'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
=	( (38.727	+	39.638)	/	2 )	/	573.661	*	365
=	39.1825					/	573.661	*	365
=	24.93

Salik Company PJSC'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
=	( (39.638	+	53.278)	/	2 )	/	150.857	*	365 / 4
=	46.458					/	150.857	*	365 / 4
=	28.10

Salik Company PJSC Days Payable Related Terms

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Salik Company PJSC (DFM:SALIK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Salik Company PJSC (DFM:SALIK) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Marrakesh Street, Al Garhoud, Block C, First Floor, P.O. Box: 118899, Umm Ramool, Roads and Transport Authority Headquarters, Dubai, ARE

Website

https://www.salik.ae

Salik Company PJSC is engaged in the operations and maintenance of toll gates in Dubai. It also is involved in the design and construction of new tollgates, including without limitation, the required tolling equipment, infrastructure, and any other interface requirements.

Salik Company PJSC (DFM:SALIK) Headlines

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