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Infinya (XTAE:INFN) Days Payable : 82.67 (As of Sep. 2022)


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What is Infinya Days Payable?

Infinya's average Accounts Payable for the three months ended in Sep. 2022 was ₪336 Mil. Infinya's Cost of Goods Sold for the three months ended in Sep. 2022 was ₪371 Mil. Hence, Infinya's Days Payable for the three months ended in Sep. 2022 was 82.67.

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

XTAE:INFN' s Days Payable Range Over the Past 10 Years
Min: 71.01   Med: 76.29   Max: 82.37
Current: 80.56

During the past 13 years, Infinya's highest Days Payable was 82.37. The lowest was 71.01. And the median was 76.29.

XTAE:INFN's Days Payable is not ranked
in the Forest Products industry.
Industry Median: 57.9 vs XTAE:INFN: 80.56

Infinya's Days Payable increased from Sep. 2021 (81.39) to Sep. 2022 (82.67). It may suggest that Infinya delayed paying its suppliers.


Infinya Days Payable Historical Data

The historical data trend for Infinya'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.

Infinya Days Payable Chart

Infinya Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 76.38 76.19 76.81 75.47 77.01

Infinya Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 81.39 74.28 82.48 88.69 82.67

Competitive Comparison of Infinya's Days Payable

For the Paper & Paper Products subindustry, Infinya'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.


Infinya's Days Payable Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Infinya's Days Payable distribution charts can be found below:

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



Infinya 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.

Infinya's Days Payable for the fiscal year that ended in Dec. 2021 is calculated as

Days Payable (A: Dec. 2021 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2020 ) + Accounts Payable (A: Dec. 2021 )) / count ) / Cost of Goods Sold (A: Dec. 2021 )*Days in Period
=( (241.59 + 319.477) / 2 ) / 1329.65*365
=280.5335 / 1329.65*365
=77.01

Infinya's Days Payable for the quarter that ended in Sep. 2022 is calculated as:

Days Payable (Q: Sep. 2022 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2022 ) + Accounts Payable (Q: Sep. 2022 )) / count ) / Cost of Goods Sold (Q: Sep. 2022 )*Days in Period
=( (361.148 + 311.563) / 2 ) / 371.252*365 / 4
=336.3555 / 371.252*365 / 4
=82.67

* 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.


Infinya Days Payable Related Terms

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Infinya (XTAE:INFN) Business Description

Traded in Other Exchanges
N/A
Address
Maizer Street, Industrial Zone, POB 142, Hadera, ISR, 38101
Infinya Ltd formerly Hadera Paper Ltd is a manufacturer of paper and paper products. It is engaged in the manufacture and sale of packaging paper, corrugated board containers and packaging for consumer goods, in the collection and recycling of paper and plastic waste and in the marketing of office supplies, mainly to the institutional and business sector. It also holds interests in associated companies that deal in the manufacture and marketing of printing and writing paper, household paper products, hygiene products, disposable diapers, complementary kitchen products. The main products of the company include various types of writing and printing paper, packaging paper, cardboard, and corrugated fiberboard. In addition, it provides office supplies to businesses and organizations.