IES Holdings (XTAE:IES) Days Payable : 123.37 (As of Mar. 2024)

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What is IES Holdings Days Payable?

IES Holdings's average Accounts Payable for the three months ended in Mar. 2024 was ₪0.66 Mil. IES Holdings's Cost of Goods Sold for the three months ended in Mar. 2024 was ₪0.49 Mil. Hence, IES Holdings's Days Payable for the three months ended in Mar. 2024 was 123.37.

The historical rank and industry rank for IES Holdings's Days Payable or its related term are showing as below:

XTAE:IES' s Days Payable Range Over the Past 10 Years
Min: 13.03 Med: 54.32 Max: 657.49
Current: 66.87

During the past 13 years, IES Holdings's highest Days Payable was 657.49. The lowest was 13.03. And the median was 54.32.

XTAE:IES's Days Payable is ranked worse than
61.18% of 1579 companies
in the Real Estate industry
Industry Median: 97.02 vs XTAE:IES: 66.87

IES Holdings's Days Payable increased from Mar. 2023 (110.77) to Mar. 2024 (123.37). It may suggest that IES Holdings delayed paying its suppliers.

IES Holdings Days Payable Historical Data

The historical data trend for IES Holdings'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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IES Holdings Days Payable Chart

IES Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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35.54

20.72

13.84

66.80

44.94

IES Holdings 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															110.77	143.07	104.16	22.35	123.37

Competitive Comparison of IES Holdings's Days Payable

For the Real Estate Services subindustry, IES Holdings'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.

IES Holdings's Days Payable Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, IES Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where IES Holdings's Days Payable falls into.

IES Holdings 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.

IES Holdings'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
=	( (0.499	+	0.462)	/	2 )	/	3.903	*	365
=	0.4805					/	3.903	*	365
=	44.94

IES Holdings'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
=	( (0.462	+	0.863)	/	2 )	/	0.49	*	365 / 4
=	0.6625					/	0.49	*	365 / 4
=	123.37

IES Holdings Days Payable Related Terms

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IES Holdings (XTAE:IES) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » IES Holdings Ltd (XTAE:IES) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

33 Montefiore Street, Tel Aviv, ISR, 65201

Website

http://www.ies.com

IES Holdings Ltd is an investment and holding group with major interests in real estate. The company real estate projects include Andromeda Hill project, Palmachim Industrial Park, and Sochi Tower project. It also invests in other companies.

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