Delek Automotive Systems (XTAE:DLEA) Days Payable : 43.43 (As of Mar. 2024)

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What is Delek Automotive Systems Days Payable?

Delek Automotive Systems's average Accounts Payable for the three months ended in Mar. 2024 was ₪787 Mil. Delek Automotive Systems's Cost of Goods Sold for the three months ended in Mar. 2024 was ₪1,654 Mil. Hence, Delek Automotive Systems's Days Payable for the three months ended in Mar. 2024 was 43.43.

The historical rank and industry rank for Delek Automotive Systems's Days Payable or its related term are showing as below:

XTAE:DLEA' s Days Payable Range Over the Past 10 Years
Min: 53.94 Med: 85.64 Max: 117.88
Current: 74.92

During the past 13 years, Delek Automotive Systems's highest Days Payable was 117.88. The lowest was 53.94. And the median was 85.64.

XTAE:DLEA's Days Payable is ranked better than
56.99% of 1267 companies
in the Vehicles & Parts industry
Industry Median: 66.62 vs XTAE:DLEA: 74.92

Delek Automotive Systems's Days Payable declined from Mar. 2023 (58.60) to Mar. 2024 (43.43). It may suggest that Delek Automotive Systems accelerated paying its suppliers.

Delek Automotive Systems Days Payable Historical Data

The historical data trend for Delek Automotive Systems'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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Delek Automotive Systems Days Payable Chart

Delek Automotive Systems Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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99.04

89.28

53.94

67.70

67.86

Delek Automotive Systems 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															58.60	92.51	89.30	103.20	43.43

Competitive Comparison of Delek Automotive Systems's Days Payable

For the Auto & Truck Dealerships subindustry, Delek Automotive Systems'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.

Delek Automotive Systems's Days Payable Distribution in the Vehicles & Parts Industry

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

* The bar in red indicates where Delek Automotive Systems's Days Payable falls into.

Delek Automotive Systems 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.

Delek Automotive Systems'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
=	( (891.351	+	901.476)	/	2 )	/	4821.707	*	365
=	896.4135					/	4821.707	*	365
=	67.86

Delek Automotive Systems'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
=	( (901.476	+	672.799)	/	2 )	/	1653.725	*	365 / 4
=	787.1375					/	1653.725	*	365 / 4
=	43.43

Delek Automotive Systems Days Payable Related Terms

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Delek Automotive Systems (XTAE:DLEA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Delek Automotive Systems Ltd (XTAE:DLEA) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

19 Abba Eban Boulevard, P.O.B. 2054, Herzeliya, ISR, 4612001

Website

http://www.delek-group.com

Delek Automotive Systems, headquartered in Israel, is engaged in import, distribution, and marketing of vehicles and vehicle parts. The company is part of Delek Group, which is involved in energy and infrastructure, insurance and finance, automotive, and chemicals. Delek Automotive Systems mainly distributes Mazda, Ford, Lincoln, and BMW vehicles. Delek Automotive Systems operates two subsidiaries: Delek Motors and Kamor Motors.

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