Saudi Company for Hardware (SAU:4008) Days Payable : 95.33 (As of Dec. 2023)

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What is Saudi Company for Hardware Days Payable?

Saudi Company for Hardware's average Accounts Payable for the three months ended in Dec. 2023 was ﷼226.2 Mil. Saudi Company for Hardware's Cost of Goods Sold for the three months ended in Dec. 2023 was ﷼216.6 Mil. Hence, Saudi Company for Hardware's Days Payable for the three months ended in Dec. 2023 was 95.33.

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

SAU:4008' s Days Payable Range Over the Past 10 Years
Min: 33.2 Med: 58.83 Max: 87.88
Current: 87.88

During the past 10 years, Saudi Company for Hardware's highest Days Payable was 87.88. The lowest was 33.20. And the median was 58.83.

SAU:4008's Days Payable is ranked better than
69.94% of 1081 companies
in the Retail - Cyclical industry
Industry Median: 56.41 vs SAU:4008: 87.88

Saudi Company for Hardware's Days Payable increased from Dec. 2022 (47.22) to Dec. 2023 (95.33). It may suggest that Saudi Company for Hardware delayed paying its suppliers.

Saudi Company for Hardware Days Payable Historical Data

The historical data trend for Saudi Company for Hardware'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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Saudi Company for Hardware Days Payable Chart

Saudi Company for Hardware Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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64.78

65.34

67.11

58.83

80.11

Saudi Company for Hardware Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															47.22	73.43	87.31	104.30	95.33

Competitive Comparison of Saudi Company for Hardware's Days Payable

For the Specialty Retail subindustry, Saudi Company for Hardware'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.

Saudi Company for Hardware's Days Payable Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Saudi Company for Hardware's Days Payable distribution charts can be found below:

* The bar in red indicates where Saudi Company for Hardware's Days Payable falls into.

Saudi Company for Hardware 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.

Saudi Company for Hardware'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
=	( (152.031	+	210.556)	/	2 )	/	826.024	*	365
=	181.2935					/	826.024	*	365
=	80.11

Saudi Company for Hardware'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: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (241.933	+	210.556)	/	2 )	/	216.557	*	365 / 4
=	226.2445					/	216.557	*	365 / 4
=	95.33

Saudi Company for Hardware Days Payable Related Terms

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Saudi Company for Hardware (SAU:4008) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Saudi Company for Hardware (SAU:4008) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Prince Sultan Ibn Abdul Aziz Street, P.O.Box 86387, Riyadh, SAU, 11622

Website

https://www.saco.sa

Saudi Company for Hardware is engaged in retailing and wholesaling of household and office supplies and appliances, construction tools and equipment, and electrical tools and hardware. It operates in two segments, Sales of goods and Services and Logistic Services. Company generates majority of its revenue from Sales of goods segment.

Saudi Company for Hardware (SAU:4008) Headlines

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