Mydas Real Estate Investments (XTAE:MYDS) Days Payable : 9.99 (As of Dec. 2023)

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What is Mydas Real Estate Investments Days Payable?

Mydas Real Estate Investments's average Accounts Payable for the three months ended in Dec. 2023 was ₪0.44 Mil. Mydas Real Estate Investments's Cost of Goods Sold for the three months ended in Dec. 2023 was ₪4.00 Mil. Hence, Mydas Real Estate Investments's Days Payable for the three months ended in Dec. 2023 was 9.99.

The historical rank and industry rank for Mydas Real Estate Investments's Days Payable or its related term are showing as below:

XTAE:MYDS' s Days Payable Range Over the Past 10 Years
Min: 20.98 Med: 112.98 Max: 272.41
Current: 20.98

During the past 11 years, Mydas Real Estate Investments's highest Days Payable was 272.41. The lowest was 20.98. And the median was 112.98.

XTAE:MYDS's Days Payable is ranked worse than
80.21% of 470 companies
in the Asset Management industry
Industry Median: 70.455 vs XTAE:MYDS: 20.98

Mydas Real Estate Investments's Days Payable increased from Dec. 2022 (5.66) to Dec. 2023 (9.99). It may suggest that Mydas Real Estate Investments delayed paying its suppliers.

Mydas Real Estate Investments Days Payable Historical Data

The historical data trend for Mydas Real Estate Investments'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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Mydas Real Estate Investments Days Payable Chart

Mydas Real Estate Investments Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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188.14

101.39

46.42

24.73

25.10

Mydas Real Estate Investments Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															5.66	43.41	29.95	25.09	9.99

Competitive Comparison of Mydas Real Estate Investments's Days Payable

For the Asset Management subindustry, Mydas Real Estate Investments'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.

Mydas Real Estate Investments's Days Payable Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Mydas Real Estate Investments's Days Payable distribution charts can be found below:

* The bar in red indicates where Mydas Real Estate Investments's Days Payable falls into.

Mydas Real Estate Investments 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.

Mydas Real Estate Investments'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
=	( (0.474	+	0.543)	/	2 )	/	7.395	*	365
=	0.5085					/	7.395	*	365
=	25.10

Mydas Real Estate Investments'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: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (0.332	+	0.543)	/	2 )	/	3.997	*	365 / 4
=	0.4375					/	3.997	*	365 / 4
=	9.99

Mydas Real Estate Investments Days Payable Related Terms

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Mydas Real Estate Investments (XTAE:MYDS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Mydas Real Estate Investments Ltd (XTAE:MYDS) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Kibbutz Palmahim, Soreq Valley, ISR, 76890

Website

Mydas Real Estate Investments Ltd operates as an investment company. It invests in real estate properties, retirement homes and hotels.

Mydas Real Estate Investments (XTAE:MYDS) Headlines

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