GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Delta Galil Industries Ltd (OTCPK:DELTF) » Definitions » Days Payable

Delta Galil Industries (Delta Galil Industries) Days Payable : 57.20 (As of Dec. 2023)


View and export this data going back to 2013. Start your Free Trial

What is Delta Galil Industries Days Payable?

Delta Galil Industries's average Accounts Payable for the three months ended in Dec. 2023 was $181 Mil. Delta Galil Industries's Cost of Goods Sold for the three months ended in Dec. 2023 was $289 Mil. Hence, Delta Galil Industries's Days Payable for the three months ended in Dec. 2023 was 57.20.

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

DELTF' s Days Payable Range Over the Past 10 Years
Min: 38.84   Med: 48.27   Max: 67.54
Current: 63.12

During the past 13 years, Delta Galil Industries's highest Days Payable was 67.54. The lowest was 38.84. And the median was 48.27.

DELTF's Days Payable is ranked better than
55.76% of 1024 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 56.345 vs DELTF: 63.12

Delta Galil Industries's Days Payable declined from Dec. 2022 (61.95) to Dec. 2023 (57.20). It may suggest that Delta Galil Industries accelerated paying its suppliers.


Delta Galil Industries Days Payable Historical Data

The historical data trend for Delta Galil Industries'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.

Delta Galil Industries Days Payable Chart

Delta Galil Industries Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 47.06 64.77 67.54 66.97 62.93

Delta Galil Industries 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 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 61.95 67.56 64.87 63.51 57.20

Competitive Comparison of Delta Galil Industries's Days Payable

For the Apparel Manufacturing subindustry, Delta Galil Industries'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.


Delta Galil Industries's Days Payable Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Delta Galil Industries's Days Payable distribution charts can be found below:

* The bar in red indicates where Delta Galil Industries's Days Payable falls into.



Delta Galil Industries 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.

Delta Galil Industries'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
=( (209.673 + 168.637) / 2 ) / 1097.084*365
=189.155 / 1097.084*365
=62.93

Delta Galil Industries'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
=( (194.241 + 168.637) / 2 ) / 289.468*365 / 4
=181.439 / 289.468*365 / 4
=57.20

* 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.


Delta Galil Industries Days Payable Related Terms

Thank you for viewing the detailed overview of Delta Galil Industries's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.


Delta Galil Industries (Delta Galil Industries) Business Description

Traded in Other Exchanges
Address
45 Ha’eshel Street, Caesarea Industrial Zone, Caesarea, ISR, 30889
Delta Galil Industries Ltd designs and manufactures undergarments, socks, children's wear, leisurewear, and activewear. The company is engaged in the design, development, production, marketing, and sale of intimate apparel, socks, children's wear, leisurewear, and activewear, as well as in the development, design, marketing, distribution, and sale of branded products in the jeans and over wear clothing and ancillary products for women, in five business segments- Delta USA; Global Division Upper Market; Delta European Brands; Delta Premium Brands and Delta Israel.

Delta Galil Industries (Delta Galil Industries) Headlines

No Headlines