Diplomat Holdings (XTAE:DIPL) Days Payable : 40.85 (As of Mar. 2024)

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What is Diplomat Holdings Days Payable?

Diplomat Holdings's average Accounts Payable for the three months ended in Mar. 2024 was ₪293 Mil. Diplomat Holdings's Cost of Goods Sold for the three months ended in Mar. 2024 was ₪655 Mil. Hence, Diplomat Holdings's Days Payable for the three months ended in Mar. 2024 was 40.85.

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

XTAE:DIPL' s Days Payable Range Over the Past 10 Years
Min: 34.55 Med: 37.54 Max: 41.39
Current: 41.39

During the past 7 years, Diplomat Holdings's highest Days Payable was 41.39. The lowest was 34.55. And the median was 37.54.

XTAE:DIPL's Days Payable is ranked worse than
53.82% of 301 companies
in the Retail - Defensive industry
Industry Median: 44.54 vs XTAE:DIPL: 41.39

Diplomat Holdings's Days Payable declined from Mar. 2023 (42.43) to Mar. 2024 (40.85). It may suggest that Diplomat Holdings accelerated paying its suppliers.

Diplomat Holdings Days Payable Historical Data

The historical data trend for Diplomat Holdings'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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Diplomat Holdings Days Payable Chart

Diplomat Holdings Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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37.03

38.36

38.05

38.06

34.55

Diplomat Holdings Quarterly Data
	Dec18	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															42.43	47.69	40.38	33.06	40.85

Competitive Comparison of Diplomat Holdings's Days Payable

For the Food Distribution subindustry, Diplomat Holdings'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.

Diplomat Holdings's Days Payable Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Diplomat Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Diplomat Holdings's Days Payable falls into.

Diplomat Holdings 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.

Diplomat Holdings'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
=	( (254.228	+	246.398)	/	2 )	/	2644.362	*	365
=	250.313					/	2644.362	*	365
=	34.55

Diplomat Holdings'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
=	( (246.398	+	339.77)	/	2 )	/	654.728	*	365 / 4
=	293.084					/	654.728	*	365 / 4
=	40.85

Diplomat Holdings Days Payable Related Terms

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Diplomat Holdings (XTAE:DIPL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Diplomat Holdings Ltd (XTAE:DIPL) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

4 Hermon Street, Airport City, ISR, 701000

Website

https://www.diplomat-global.com

Diplomat Holdings Ltd is a sales and distribution company in Israel. It provides customers with full-service supply chain management solutions and a diverse portfolio of FMCG and food brands. It distributes a diverse portfolio of global and domestic brands like Lenor, Mazola, Oreo, Tide, and others in personal and household care and food products.

Diplomat Holdings (XTAE:DIPL) Headlines

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