Azorim Investment Developmentnstruction Co (XTAE:AZRM) Days Payable : 77.99 (As of Dec. 2024)

View and export this data going back to 2002. Start your Free Trial

What is Azorim Investment Developmentnstruction Co Days Payable?

Azorim Investment Developmentnstruction Co's average Accounts Payable for the three months ended in Dec. 2024 was ₪323 Mil. Azorim Investment Developmentnstruction Co's Cost of Goods Sold for the three months ended in Dec. 2024 was ₪378 Mil. Hence, Azorim Investment Developmentnstruction Co's Days Payable for the three months ended in Dec. 2024 was 77.99.

The historical rank and industry rank for Azorim Investment Developmentnstruction Co's Days Payable or its related term are showing as below:

XTAE:AZRM' s Days Payable Range Over the Past 10 Years
Min: 38.3 Med: 69.84 Max: 100.11
Current: 75.58

During the past 13 years, Azorim Investment Developmentnstruction Co's highest Days Payable was 100.11. The lowest was 38.30. And the median was 69.84.

XTAE:AZRM's Days Payable is ranked better than
73.91% of 92 companies
in the Homebuilding & Construction industry
Industry Median: 35.125 vs XTAE:AZRM: 75.58

Azorim Investment Developmentnstruction Co's Days Payable declined from Dec. 2023 (110.49) to Dec. 2024 (77.99). It may suggest that Azorim Investment Developmentnstruction Co accelerated paying its suppliers.

Azorim Investment Developmentnstruction Co Days Payable Historical Data

The historical data trend for Azorim Investment Developmentnstruction Co'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.

Azorim Investment Developmentnstruction Co Days Payable Chart

Azorim Investment Developmentnstruction Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

Get a 7-Day Free Trial

63.77

48.64

78.93

69.25

71.21

Azorim Investment Developmentnstruction Co Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Payable	Get a 7-Day Free Trial															110.49	81.83	76.95	71.82	77.99

Competitive Comparison of Azorim Investment Developmentnstruction Co's Days Payable

For the Residential Construction subindustry, Azorim Investment Developmentnstruction Co'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.

Azorim Investment Developmentnstruction Co's Days Payable Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Azorim Investment Developmentnstruction Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Azorim Investment Developmentnstruction Co's Days Payable falls into.

Save Embed

;

Save Embed

;

Azorim Investment Developmentnstruction Co 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.

Azorim Investment Developmentnstruction Co's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

	Days Payable (A: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2023 )	+	Accounts Payable (A: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2024 )	*	Days in Period
=	( (209.897	+	299.351)	/	2 )	/	1305.064	*	365
=	254.624					/	1305.064	*	365
=	71.21

Azorim Investment Developmentnstruction Co's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

	Days Payable (Q: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2024 )	+	Accounts Payable (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (346.963	+	299.351)	/	2 )	/	378.088	*	365 / 4
=	323.157					/	378.088	*	365 / 4
=	77.99

Azorim Investment Developmentnstruction Co Days Payable Related Terms

Thank you for viewing the detailed overview of Azorim Investment Developmentnstruction Co's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Azorim Investment Developmentnstruction Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Homebuilding & Construction » Azorim Investment Development & Construction Co Ltd (XTAE:AZRM) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

32 Arania Street, Tel Aviv, ISR, 64739

Website

http://www.azorim.co.il

Azorim Investment Development & Construction Co Ltd plans, develops, constructs, and sells residential apartments and building projects in Israel. Its projects include leisure complexes, public facilities, shopping centers and green open spaces, tailored to the nature and needs of the residents.

Azorim Investment Developmentnstruction Co Headlines

No Headlines