Carasso Motors (XTAE:CRSM) Days Payable : 55.65 (As of Dec. 2024)

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What is Carasso Motors Days Payable?

Carasso Motors's average Accounts Payable for the three months ended in Dec. 2024 was ₪922 Mil. Carasso Motors's Cost of Goods Sold for the three months ended in Dec. 2024 was ₪1,512 Mil. Hence, Carasso Motors's Days Payable for the three months ended in Dec. 2024 was 55.65.

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

XTAE:CRSM' s Days Payable Range Over the Past 10 Years
Min: 31.44 Med: 36.54 Max: 51.4
Current: 43.45

During the past 13 years, Carasso Motors's highest Days Payable was 51.40. The lowest was 31.44. And the median was 36.54.

XTAE:CRSM's Days Payable is ranked worse than
71.6% of 1285 companies
in the Vehicles & Parts industry
Industry Median: 65.3 vs XTAE:CRSM: 43.45

Carasso Motors's Days Payable increased from Dec. 2023 (49.20) to Dec. 2024 (55.65). It may suggest that Carasso Motors delayed paying its suppliers.

Carasso Motors Days Payable Historical Data

The historical data trend for Carasso Motors'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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Carasso Motors Days Payable Chart

Carasso Motors Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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38.44

31.86

51.23

33.65

42.61

Carasso Motors 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															49.20	29.40	41.66	44.98	55.65

Competitive Comparison of Carasso Motors's Days Payable

For the Auto & Truck Dealerships subindustry, Carasso Motors'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.

Carasso Motors's Days Payable Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Carasso Motors's Days Payable distribution charts can be found below:

* The bar in red indicates where Carasso Motors's Days Payable falls into.

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Carasso Motors 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.

Carasso Motors'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
=	( (306.018	+	942.874)	/	2 )	/	5349.355	*	365
=	624.446					/	5349.355	*	365
=	42.61

Carasso Motors'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
=	( (900.984	+	942.874)	/	2 )	/	1511.72	*	365 / 4
=	921.929					/	1511.72	*	365 / 4
=	55.65

Carasso Motors Days Payable Related Terms

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Carasso Motors Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Carasso Motors Ltd (XTAE:CRSM) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Reem Park, Logistics Center, Bnei Ayish, ISR

Website

http://www.carassotradein.co.il

Carasso Motors Ltd imports, distributes and sells all vehicle models manufactured by Renault, Nissan and Premium Infiniti Brand Models. It also provides maintenance and repair services, spare parts, and financing services for purchasing vehicles.