Elhim Iskra AD (XBUL:ELHM) Days Payable : 14.95 (As of Mar. 2024)

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What is Elhim Iskra AD Days Payable?

Elhim Iskra AD's average Accounts Payable for the three months ended in Mar. 2024 was лв1.43 Mil. Elhim Iskra AD's Cost of Goods Sold for the three months ended in Mar. 2024 was лв8.75 Mil. Hence, Elhim Iskra AD's Days Payable for the three months ended in Mar. 2024 was 14.95.

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

XBUL:ELHM' s Days Payable Range Over the Past 10 Years
Min: 1.62 Med: 5.68 Max: 13.87
Current: 13.21

During the past 13 years, Elhim Iskra AD's highest Days Payable was 13.87. The lowest was 1.62. And the median was 5.68.

XBUL:ELHM's Days Payable is ranked worse than
97.55% of 2936 companies
in the Industrial Products industry
Industry Median: 76.765 vs XBUL:ELHM: 13.21

Elhim Iskra AD's Days Payable increased from Mar. 2023 (7.01) to Mar. 2024 (14.95). It may suggest that Elhim Iskra AD delayed paying its suppliers.

Elhim Iskra AD Days Payable Historical Data

The historical data trend for Elhim Iskra AD'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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Elhim Iskra AD Days Payable Chart

Elhim Iskra AD Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

2.76

3.96

4.84

5.80

11.80

Elhim Iskra AD 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															7.01	9.27	10.92	15.13	14.95

Competitive Comparison of Elhim Iskra AD's Days Payable

For the Electrical Equipment & Parts subindustry, Elhim Iskra AD'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.

Elhim Iskra AD's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Elhim Iskra AD's Days Payable distribution charts can be found below:

* The bar in red indicates where Elhim Iskra AD's Days Payable falls into.

Elhim Iskra AD 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.

Elhim Iskra AD'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
=	( (0.576	+	1.376)	/	2 )	/	30.183	*	365
=	0.976					/	30.183	*	365
=	11.80

Elhim Iskra AD'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
=	( (1.376	+	1.49)	/	2 )	/	8.749	*	365 / 4
=	1.433					/	8.749	*	365 / 4
=	14.95

Elhim Iskra AD Days Payable Related Terms

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Elhim Iskra AD (XBUL:ELHM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Elhim Iskra AD (XBUL:ELHM) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

9 Iskra street, Pazardzhik, BGR, 4400

Website

http://www.elhim-iskra.com

Elhim Iskra AD manufactures lead-acid starter and traction batteries. The batteries are used in the equipment of motor vehicles, agricultural machinery, warehousing equipment, road construction machinery, under-floating equipment, railway transport, electric cars and golf carts, photovoltaic and wind power plants, among others.

Elhim Iskra AD (XBUL:ELHM) Headlines

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