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Kvutzat Acro (XTAE:ACRO) Days Payable : 61.53 (As of Dec. 2023)


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What is Kvutzat Acro Days Payable?

Kvutzat Acro's average Accounts Payable for the three months ended in Dec. 2023 was ₪110.1 Mil. Kvutzat Acro's Cost of Goods Sold for the three months ended in Dec. 2023 was ₪163.3 Mil. Hence, Kvutzat Acro's Days Payable for the three months ended in Dec. 2023 was 61.53.

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

XTAE:ACRO' s Days Payable Range Over the Past 10 Years
Min: 59.61   Med: 64.69   Max: 161.21
Current: 59.61

During the past 6 years, Kvutzat Acro's highest Days Payable was 161.21. The lowest was 59.61. And the median was 64.69.

XTAE:ACRO's Days Payable is ranked worse than
65.12% of 1577 companies
in the Real Estate industry
Industry Median: 99.76 vs XTAE:ACRO: 59.61

Kvutzat Acro's Days Payable declined from Dec. 2022 (63.62) to Dec. 2023 (61.53). It may suggest that Kvutzat Acro accelerated paying its suppliers.

Kvutzat Acro Days Payable Historical Data

The historical data trend for Kvutzat Acro'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.

Kvutzat Acro Days Payable Chart

Kvutzat Acro Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial 161.21 64.11 92.50 64.69 62.02

Kvutzat Acro Quarterly Data
Dec18 Dec19 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 63.62 59.83 62.93 52.44 61.53

Competitive Comparison of Kvutzat Acro's Days Payable

For the Real Estate - Development subindustry, Kvutzat Acro'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.

Kvutzat Acro's Days Payable Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Kvutzat Acro's Days Payable distribution charts can be found below:

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


Kvutzat Acro 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.

Kvutzat Acro'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
=( (105.475 + 120.051) / 2 ) / 663.651*365
=112.763 / 663.651*365
=62.02

Kvutzat Acro'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
=( (100.24 + 120.051) / 2 ) / 163.345*365 / 4
=110.1455 / 163.345*365 / 4
=61.53

* 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.

Kvutzat Acro Days Payable Related Terms

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Kvutzat Acro (XTAE:ACRO) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Kvutzat Acro Ltd (XTAE:ACRO) » Definitions » Days Payable
Comparable Companies
XTAE:AFRE XTAE:AURA XTAE:PRSK XTAE:ISCN XTAE:CRSR XTAE:HRON XTAE:VTNA XTAE:LVPR XTAE:ZMH XTAE:SRFT HKSE:00016 HKSE:01109 HKSE:00688 TSE:1925 SHSE:600048 HKSE:01113 SZSE:000002 BOM:532868 DFM:EMAAR SZSE:001979
Traded in Other Exchanges
N/A
Address
Hamanofim Street, Acro House, 2, Herzliya, ISR
Website
https://www.acronadlan.com
Kvutzat Acro Ltd is engaged in the construction and improvement of large-scale projects in high-demand areas. It is focused on initiating, developing, and completing various structures, including residences, offices, and commercial buildings, as well as hotels.