ALDREES Petroleum & Transport Services Co (SAU:4200) Days Payable : 32.66 (As of Mar. 2024)

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What is ALDREES Petroleum & Transport Services Co Days Payable?

ALDREES Petroleum & Transport Services Co's average Accounts Payable for the three months ended in Mar. 2024 was ﷼1,492 Mil. ALDREES Petroleum & Transport Services Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ﷼4,168 Mil. Hence, ALDREES Petroleum & Transport Services Co's Days Payable for the three months ended in Mar. 2024 was 32.66.

The historical rank and industry rank for ALDREES Petroleum & Transport Services Co's Days Payable or its related term are showing as below:

SAU:4200' s Days Payable Range Over the Past 10 Years
Min: 22.15 Med: 28.48 Max: 39.04
Current: 39.04

During the past 13 years, ALDREES Petroleum & Transport Services Co's highest Days Payable was 39.04. The lowest was 22.15. And the median was 28.48.

SAU:4200's Days Payable is ranked worse than
65.22% of 1081 companies
in the Retail - Cyclical industry
Industry Median: 56.64 vs SAU:4200: 39.04

ALDREES Petroleum & Transport Services Co's Days Payable declined from Mar. 2023 (34.14) to Mar. 2024 (32.66). It may suggest that ALDREES Petroleum & Transport Services Co accelerated paying its suppliers.

ALDREES Petroleum & Transport Services Co Days Payable Historical Data

The historical data trend for ALDREES Petroleum & Transport Services Co'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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ALDREES Petroleum & Transport Services Co Days Payable Chart

ALDREES Petroleum & Transport Services Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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22.15

28.74

29.98

32.45

33.24

ALDREES Petroleum & Transport Services Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															34.14	49.17	46.93	33.81	32.66

Competitive Comparison of ALDREES Petroleum & Transport Services Co's Days Payable

For the Specialty Retail subindustry, ALDREES Petroleum & Transport Services Co'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.

ALDREES Petroleum & Transport Services Co's Days Payable Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, ALDREES Petroleum & Transport Services Co's Days Payable distribution charts can be found below:

* The bar in red indicates where ALDREES Petroleum & Transport Services Co's Days Payable falls into.

ALDREES Petroleum & Transport Services Co 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.

ALDREES Petroleum & Transport Services Co'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
=	( (1175.283	+	1402.867)	/	2 )	/	14153.205	*	365
=	1289.075					/	14153.205	*	365
=	33.24

ALDREES Petroleum & Transport Services Co'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
=	( (1402.867	+	1581.188)	/	2 )	/	4168.338	*	365 / 4
=	1492.0275					/	4168.338	*	365 / 4
=	32.66

ALDREES Petroleum & Transport Services Co Days Payable Related Terms

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ALDREES Petroleum & Transport Services Co (SAU:4200) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » ALDREES Petroleum & Transport Services Co (SAU:4200) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

P.O. Box 609, Riyadh, SAU, 11421

Website

https://www.aldrees.com

ALDREES Petroleum & Transport Services Co provides petroleum and transport services. It is engaged in the wholesale and retail of fuel, gasoline, oil, and lubricants in the Kingdom of Saudi Arabia. The company has two reportable segments namely Petroleum Services and Transport Services. The company generates maximum revenue from the Petroleum Services segment. It operates fuel stations and also provides various services such as additives, car wash, tire servicing, alignment, accessories, ATMs, car rental, and prepaid fuel cards.

ALDREES Petroleum & Transport Services Co (SAU:4200) Headlines

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