The Israel (The Israel) Days Payable : 70.66 (As of Mar. 2024)

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What is The Israel Days Payable?

The Israel's average Accounts Payable for the three months ended in Mar. 2024 was $913 Mil. The Israel's Cost of Goods Sold for the three months ended in Mar. 2024 was $1,179 Mil. Hence, The Israel's Days Payable for the three months ended in Mar. 2024 was 70.66.

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

IRLCF' s Days Payable Range Over the Past 10 Years
Min: 65.72 Med: 74.29 Max: 81.7
Current: 68.77

During the past 13 years, The Israel's highest Days Payable was 81.70. The lowest was 65.72. And the median was 74.29.

IRLCF's Days Payable is ranked better than
57.83% of 1501 companies
in the Chemicals industry
Industry Median: 60.44 vs IRLCF: 68.77

The Israel's Days Payable declined from Mar. 2023 (70.82) to Mar. 2024 (70.66). It may suggest that The Israel accelerated paying its suppliers.

The Israel Days Payable Historical Data

The historical data trend for The Israel'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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The Israel Days Payable Chart

The Israel Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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75.29

74.48

75.70

75.74

71.89

The Israel 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															70.82	71.31	60.99	69.63	70.66

Competitive Comparison of The Israel's Days Payable

For the Specialty Chemicals subindustry, The Israel'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.

The Israel's Days Payable Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, The Israel's Days Payable distribution charts can be found below:

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

The Israel 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.

The Israel'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
=	( (1006	+	912)	/	2 )	/	4869	*	365
=	959					/	4869	*	365
=	71.89

The Israel'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
=	( (912	+	914)	/	2 )	/	1179	*	365 / 4
=	913					/	1179	*	365 / 4
=	70.66

The Israel Days Payable Related Terms

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The Israel (The Israel) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » The Israel Corp Ltd (OTCPK:IRLCF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

ILCO:Israel

Address

23 Aranha Street, P.O. Box 20456, Millennium Tower, Tel Aviv, ISR, 61204

Website

http://www.israelcorp.com

The Israel Corp Ltd is a holding company that provides focused exposure to mature assets in the natural resources industry. Operations are conducted through two affiliates: Israel Chemicals and the Bazan Group. It generates maximum revenue from the Israel Chemicals segment. Geographically, it derives a majority of revenue from Israel and also has a presence in Europe; North America; Asia; South America and other countries.