Tadiran Group (XTAE:TDRN) Days Payable : 57.22 (As of Dec. 2023)

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What is Tadiran Group Days Payable?

Tadiran Group's average Accounts Payable for the three months ended in Dec. 2023 was ₪244 Mil. Tadiran Group's Cost of Goods Sold for the three months ended in Dec. 2023 was ₪389 Mil. Hence, Tadiran Group's Days Payable for the three months ended in Dec. 2023 was 57.22.

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

XTAE:TDRN' s Days Payable Range Over the Past 10 Years
Min: 44.47 Med: 52.12 Max: 74.3
Current: 61.04

During the past 13 years, Tadiran Group's highest Days Payable was 74.30. The lowest was 44.47. And the median was 52.12.

XTAE:TDRN's Days Payable is ranked worse than
56.94% of 2422 companies
in the Hardware industry
Industry Median: 67.83 vs XTAE:TDRN: 61.04

Tadiran Group's Days Payable declined from Dec. 2022 (64.64) to Dec. 2023 (57.22). It may suggest that Tadiran Group accelerated paying its suppliers.

Tadiran Group Days Payable Historical Data

The historical data trend for Tadiran Group'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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Tadiran Group Days Payable Chart

Tadiran Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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44.70

47.97

49.65

44.47

54.67

Tadiran Group 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															64.64	71.28	81.78	48.59	57.22

Competitive Comparison of Tadiran Group's Days Payable

For the Consumer Electronics subindustry, Tadiran Group'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.

Tadiran Group's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Tadiran Group's Days Payable distribution charts can be found below:

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

Tadiran Group 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.

Tadiran Group'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
=	( (262.341	+	225.078)	/	2 )	/	1626.999	*	365
=	243.7095					/	1626.999	*	365
=	54.67

Tadiran Group'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
=	( (263.308	+	225.078)	/	2 )	/	389.409	*	365 / 4
=	244.193					/	389.409	*	365 / 4
=	57.22

Tadiran Group Days Payable Related Terms

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Tadiran Group (XTAE:TDRN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Tadiran Group Ltd (XTAE:TDRN) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

Rabnitzky 9, Petah Tikva, ISR, 4900615

Website

https://www.tadiran-international.com

Tadiran Group Ltd, formerly Tadiran Holdings Ltd focuses on the imports, manufactures, and distribution of air conditioning systems for the residential, commercial and industrial markets under the Tadiran, Amcor, and Toshiba brands. The company also imports, distributes, and markets various home appliances under its brand names Amcor and Crystal. It provides warranty and maintenance services for these products.

Tadiran Group (XTAE:TDRN) Headlines

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