Saudi Lime Industries Co (SAU:9566) Days Payable : 79.19 (As of Dec. 2023)

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What is Saudi Lime Industries Co Days Payable?

Saudi Lime Industries Co's average Accounts Payable for the six months ended in Dec. 2023 was ﷼18.6 Mil. Saudi Lime Industries Co's Cost of Goods Sold for the six months ended in Dec. 2023 was ﷼42.8 Mil. Hence, Saudi Lime Industries Co's Days Payable for the six months ended in Dec. 2023 was 79.19.

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

SAU:9566' s Days Payable Range Over the Past 10 Years
Min: 70.11 Med: 74.51 Max: 78.91
Current: 76.46

During the past 2 years, Saudi Lime Industries Co's highest Days Payable was 78.91. The lowest was 70.11. And the median was 74.51.

SAU:9566's Days Payable is ranked worse than
60.67% of 1068 companies
in the Metals & Mining industry
Industry Median: 129.525 vs SAU:9566: 76.46

Saudi Lime Industries Co's Days Payable increased from Dec. 2022 (70.38) to Dec. 2023 (79.19). It may suggest that Saudi Lime Industries Co delayed paying its suppliers.

Saudi Lime Industries Co Days Payable Historical Data

The historical data trend for Saudi Lime Industries 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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Saudi Lime Industries Co Days Payable Chart

Saudi Lime Industries Co Annual Data

Trend

Dec22

Dec23

Days Payable

70.11

78.91

Saudi Lime Industries Co Semi-Annual Data
	Jun22	Dec22	Jun23	Dec23
Days Payable	-	70.38	71.06	79.19

Competitive Comparison of Saudi Lime Industries Co's Days Payable

For the Other Industrial Metals & Mining subindustry, Saudi Lime Industries 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.

Saudi Lime Industries Co's Days Payable Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Saudi Lime Industries Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Saudi Lime Industries Co's Days Payable falls into.

Saudi Lime Industries 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.

Saudi Lime Industries 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
=	( (15.22	+	20.783)	/	2 )	/	83.266	*	365
=	18.0015					/	83.266	*	365
=	78.91

Saudi Lime Industries Co'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
=	( (16.325	+	20.783)	/	2 )	/	42.759	*	365 / 2
=	18.554					/	42.759	*	365 / 2
=	79.19

Saudi Lime Industries Co Days Payable Related Terms

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Saudi Lime Industries Co (SAU:9566) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Saudi Lime Industries Co (SAU:9566) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

Al-Kharj Road, P.O Box 355208, Second Industrial City, Riyadh, SAU, 11383

Website

https://saudilime.com

Saudi Lime Industries Co is engaged in the manufacturing of quick and hydrated lime, quicklime powder, the manufacturing of lime sand bricks of various sizes, and the manufacturing of calcium carbonate.

Saudi Lime Industries Co (SAU:9566) Headlines

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