Erika B-Cure Laser (XTAE:BCUR) Days Payable : 350.18 (As of Dec. 2023)

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What is Erika B-Cure Laser Days Payable?

Erika B-Cure Laser's average Accounts Payable for the six months ended in Dec. 2023 was ₪6.36 Mil. Erika B-Cure Laser's Cost of Goods Sold for the six months ended in Dec. 2023 was ₪3.31 Mil. Hence, Erika B-Cure Laser's Days Payable for the six months ended in Dec. 2023 was 350.18.

The historical rank and industry rank for Erika B-Cure Laser's Days Payable or its related term are showing as below:

XTAE:BCUR' s Days Payable Range Over the Past 10 Years
Min: 136.84 Med: 215.8 Max: 422.75
Current: 338.79

During the past 6 years, Erika B-Cure Laser's highest Days Payable was 422.75. The lowest was 136.84. And the median was 215.80.

XTAE:BCUR's Days Payable is ranked better than
89.21% of 788 companies
in the Medical Devices & Instruments industry
Industry Median: 72.855 vs XTAE:BCUR: 338.79

Erika B-Cure Laser's Days Payable declined from Dec. 2022 (465.53) to Dec. 2023 (350.18). It may suggest that Erika B-Cure Laser accelerated paying its suppliers.

Erika B-Cure Laser Days Payable Historical Data

The historical data trend for Erika B-Cure Laser'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.

* Premium members only.

Erika B-Cure Laser Days Payable Chart

Erika B-Cure Laser Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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195.74

136.84

215.80

331.56

422.75

Erika B-Cure Laser Semi-Annual Data
	Dec18	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial				255.09	325.86	465.53	247.37	350.18

Competitive Comparison of Erika B-Cure Laser's Days Payable

For the Medical Devices subindustry, Erika B-Cure Laser'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.

Erika B-Cure Laser's Days Payable Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Erika B-Cure Laser's Days Payable distribution charts can be found below:

* The bar in red indicates where Erika B-Cure Laser's Days Payable falls into.

Erika B-Cure Laser 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.

Erika B-Cure Laser'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
=	( (6.469	+	9.489)	/	2 )	/	6.889	*	365
=	7.979					/	6.889	*	365
=	422.75

Erika B-Cure Laser'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
=	( (3.225	+	9.489)	/	2 )	/	3.313	*	365 / 2
=	6.357					/	3.313	*	365 / 2
=	350.18

Erika B-Cure Laser Days Payable Related Terms

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Erika B-Cure Laser (XTAE:BCUR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Erika B-Cure Laser Ltd (XTAE:BCUR) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Nahum Hat 5, Entrance 2, Haifa, ISR, 3508504

Website

https://www.bcurelaser.com

Erika B-Cure Laser Ltd is engaged in the development and production of laser devices for the treatment of pain and wounds. Its devices provide treatment for Knee Pain, Lower Back Pain, Neck Pain, Shoulder Pain, Finger Joint pain, and Burns.

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