Castro Model (XTAE:CAST) Days Payable : 31.00 (As of Mar. 2024)

View and export this data going back to 1992. Start your Free Trial

What is Castro Model Days Payable?

Castro Model's average Accounts Payable for the three months ended in Mar. 2024 was ₪69 Mil. Castro Model's Cost of Goods Sold for the three months ended in Mar. 2024 was ₪203 Mil. Hence, Castro Model's Days Payable for the three months ended in Mar. 2024 was 31.00.

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

XTAE:CAST' s Days Payable Range Over the Past 10 Years
Min: 32.52 Med: 43.4 Max: 48.05
Current: 37.78

During the past 10 years, Castro Model's highest Days Payable was 48.05. The lowest was 32.52. And the median was 43.40.

XTAE:CAST's Days Payable is ranked worse than
65.99% of 1082 companies
in the Retail - Cyclical industry
Industry Median: 54.44 vs XTAE:CAST: 37.78

Castro Model's Days Payable declined from Mar. 2023 (40.91) to Mar. 2024 (31.00). It may suggest that Castro Model accelerated paying its suppliers.

Castro Model Days Payable Historical Data

The historical data trend for Castro Model'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.

Castro Model Days Payable Chart

Castro Model Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

43.40

48.05

45.37

47.01

35.41

Castro Model 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															40.91	45.67	42.93	32.31	31.00

Competitive Comparison of Castro Model's Days Payable

For the Apparel Retail subindustry, Castro Model'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.

Castro Model's Days Payable Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Castro Model's Days Payable distribution charts can be found below:

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

Castro Model 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.

Castro Model'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
=	( (89.543	+	61.222)	/	2 )	/	777.002	*	365
=	75.3825					/	777.002	*	365
=	35.41

Castro Model'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
=	( (61.222	+	76.688)	/	2 )	/	202.973	*	365 / 4
=	68.955					/	202.973	*	365 / 4
=	31.00

Castro Model Days Payable Related Terms

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

Castro Model (XTAE:CAST) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Castro Model Ltd (XTAE:CAST) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

35 Ben Zvi Road, Tel Aviv, ISR, 68103

Website

https://www.castro.com

Castro Model Ltd designs, manufactures, and distributes fashion wear for men, women, girls, boys and baby in Israel. The company has three segments which include: the Red line for casual fashion, the Black line, a smart, sophisticated and elegant line and the Blue line, a line of jeans. It also offers complementary collections such as shoes and bags, glasses, lingerie, jewelry and even bicycles and other accessories. The company involves in the retail marketing of fashion products through branded stores operated by subsidiaries in Israel.