AME Company for Medical Supplies (SAU:9527) Days Payable : 1.56 (As of Dec. 2023)

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What is AME Company for Medical Supplies Days Payable?

AME Company for Medical Supplies's average Accounts Payable for the six months ended in Dec. 2023 was ﷼0.5 Mil. AME Company for Medical Supplies's Cost of Goods Sold for the six months ended in Dec. 2023 was ﷼59.9 Mil. Hence, AME Company for Medical Supplies's Days Payable for the six months ended in Dec. 2023 was 1.56.

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

SAU:9527' s Days Payable Range Over the Past 10 Years
Min: 0.88 Med: 1.1 Max: 1.5
Current: 1.5

During the past 3 years, AME Company for Medical Supplies's highest Days Payable was 1.50. The lowest was 0.88. And the median was 1.10.

SAU:9527's Days Payable is ranked worse than
100% of 93 companies
in the Medical Distribution industry
Industry Median: 72.99 vs SAU:9527: 1.50

AME Company for Medical Supplies's Days Payable declined from Dec. 2022 (1.68) to Dec. 2023 (1.56). It may suggest that AME Company for Medical Supplies accelerated paying its suppliers.

AME Company for Medical Supplies Days Payable Historical Data

The historical data trend for AME Company for Medical Supplies'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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AME Company for Medical Supplies Days Payable Chart

AME Company for Medical Supplies Annual Data

Trend

Dec21

Dec22

Dec23

Days Payable

1.10

0.88

1.50

AME Company for Medical Supplies Semi-Annual Data
	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial			1.02	0.99	1.68	-	1.56

Competitive Comparison of AME Company for Medical Supplies's Days Payable

For the Medical Distribution subindustry, AME Company for Medical Supplies'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.

AME Company for Medical Supplies's Days Payable Distribution in the Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, AME Company for Medical Supplies's Days Payable distribution charts can be found below:

* The bar in red indicates where AME Company for Medical Supplies's Days Payable falls into.

AME Company for Medical Supplies 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.

AME Company for Medical Supplies'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
=	( (0	+	0.511)	/	1 )	/	124.565	*	365
=	0.511					/	124.565	*	365
=	1.50

AME Company for Medical Supplies'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: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (0	+	0.511)	/	1 )	/	59.919	*	365 / 2
=	0.511					/	59.919	*	365 / 2
=	1.56

AME Company for Medical Supplies Days Payable Related Terms

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AME Company for Medical Supplies (SAU:9527) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Distribution » AME Company for Medical Supplies (SAU:9527) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Prince Sultan Street, P.O. Box 11544, Jeddah, SAU, 21463

Website

https://www.ame.med.sa

AME Company for Medical Supplies is engaged in providing medical devices and equipment. It generates maximum revenue from the medical supplies segment. The Company is engaged in wholesale and retail trade which mainly includes perfumes, cosmetics, orthotic devices, medical supplies, decorative soap, incense, veterinary medicine and medical equipment.

AME Company for Medical Supplies (SAU:9527) Headlines

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