Alkhorayef Water & Power Technologies (SAU:2081) Days Payable : 16.33 (As of Mar. 2024)

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What is Alkhorayef Water & Power Technologies Days Payable?

Alkhorayef Water & Power Technologies's average Accounts Payable for the three months ended in Mar. 2024 was ﷼68 Mil. Alkhorayef Water & Power Technologies's Cost of Goods Sold for the three months ended in Mar. 2024 was ﷼379 Mil. Hence, Alkhorayef Water & Power Technologies's Days Payable for the three months ended in Mar. 2024 was 16.33.

The historical rank and industry rank for Alkhorayef Water & Power Technologies's Days Payable or its related term are showing as below:

SAU:2081' s Days Payable Range Over the Past 10 Years
Min: 18.4 Med: 43.85 Max: 57
Current: 41.09

During the past 4 years, Alkhorayef Water & Power Technologies's highest Days Payable was 57.00. The lowest was 18.40. And the median was 43.85.

SAU:2081's Days Payable is ranked worse than
74.44% of 493 companies
in the Utilities - Regulated industry
Industry Median: 66.15 vs SAU:2081: 41.09

Alkhorayef Water & Power Technologies's Days Payable declined from Mar. 2023 (44.27) to Mar. 2024 (16.33). It may suggest that Alkhorayef Water & Power Technologies accelerated paying its suppliers.

Alkhorayef Water & Power Technologies Days Payable Historical Data

The historical data trend for Alkhorayef Water & Power Technologies'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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Alkhorayef Water & Power Technologies Days Payable Chart

Alkhorayef Water & Power Technologies Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Payable

51.40

57.00

36.30

18.40

Alkhorayef Water & Power Technologies Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial											44.27	54.30	61.44	44.35	16.33

Competitive Comparison of Alkhorayef Water & Power Technologies's Days Payable

For the Utilities - Regulated Water subindustry, Alkhorayef Water & Power Technologies'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.

Alkhorayef Water & Power Technologies's Days Payable Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Alkhorayef Water & Power Technologies's Days Payable distribution charts can be found below:

* The bar in red indicates where Alkhorayef Water & Power Technologies's Days Payable falls into.

Alkhorayef Water & Power Technologies 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.

Alkhorayef Water & Power Technologies'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
=	( (49.031	+	96.865)	/	2 )	/	1446.817	*	365
=	72.948					/	1446.817	*	365
=	18.40

Alkhorayef Water & Power Technologies'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
=	( (96.865	+	38.913)	/	2 )	/	379.328	*	365 / 4
=	67.889					/	379.328	*	365 / 4
=	16.33

Alkhorayef Water & Power Technologies Days Payable Related Terms

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Alkhorayef Water & Power Technologies (SAU:2081) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Alkhorayef Water & Power Technologies (SAU:2081) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

King Abdulaziz Road (North) Exit-5, Post Box No. 62637, AlNafal District, Riyadh, SAU, 11595

Website

https://www.awpt.com.sa

Alkhorayef Water & Power Technologies is a player in the Saudi Arabian water and wastewater market. Its business consists of three business divisions: Water segment; Wastewater segment; and Integrated solutions segment. It provides services including water withdrawal and treatment, water networks, wastewater networks, wastewater treatment, city management, stormwater network and lifting stations, and water management services.

Alkhorayef Water & Power Technologies (SAU:2081) Headlines

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