Brimag Digital Age (XTAE:BRMG) Days Payable : 65.63 (As of Mar. 2024)

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What is Brimag Digital Age Days Payable?

Brimag Digital Age's average Accounts Payable for the three months ended in Mar. 2024 was ₪49.9 Mil. Brimag Digital Age's Cost of Goods Sold for the three months ended in Mar. 2024 was ₪69.3 Mil. Hence, Brimag Digital Age's Days Payable for the three months ended in Mar. 2024 was 65.63.

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

XTAE:BRMG' s Days Payable Range Over the Past 10 Years
Min: 45.97 Med: 66.25 Max: 82.78
Current: 70.1

During the past 10 years, Brimag Digital Age's highest Days Payable was 82.78. The lowest was 45.97. And the median was 66.25.

XTAE:BRMG's Days Payable is ranked better than
51.73% of 2426 companies
in the Hardware industry
Industry Median: 68.08 vs XTAE:BRMG: 70.10

Brimag Digital Age's Days Payable declined from Mar. 2023 (69.53) to Mar. 2024 (65.63). It may suggest that Brimag Digital Age accelerated paying its suppliers.

Brimag Digital Age Days Payable Historical Data

The historical data trend for Brimag Digital Age'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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Brimag Digital Age Days Payable Chart

Brimag Digital Age Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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64.74

72.02

82.78

64.35

45.97

Brimag Digital Age 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															69.53	80.89	58.55	54.84	65.63

Competitive Comparison of Brimag Digital Age's Days Payable

For the Electronics & Computer Distribution subindustry, Brimag Digital Age'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.

Brimag Digital Age's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Brimag Digital Age's Days Payable distribution charts can be found below:

* The bar in red indicates where Brimag Digital Age's Days Payable falls into.

Brimag Digital Age 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.

Brimag Digital Age'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
=	( (63.113	+	28.815)	/	2 )	/	364.952	*	365
=	45.964					/	364.952	*	365
=	45.97

Brimag Digital Age'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
=	( (28.815	+	70.934)	/	2 )	/	69.34	*	365 / 4
=	49.8745					/	69.34	*	365 / 4
=	65.63

Brimag Digital Age Days Payable Related Terms

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Brimag Digital Age (XTAE:BRMG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Brimag Digital Age Ltd (XTAE:BRMG) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

19 Hashikma Street, Azur, ISR, 58001

Website

http://www.brimag.co.il

Brimag Digital Age Ltd imports, markets, and distributes home appliances and consumer electronics. It also provides warranty and repair services. Its products include refrigerators and freezers, washers and dryers, and dishwashers, among others. It provides consulting services and professional guidance in the import of V-Zug Sub Zero and Wolf products. It also operates logistics center.

Brimag Digital Age (XTAE:BRMG) Headlines

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