Delta Israel Brands (XTAE:DLTI) Days Payable : 107.80 (As of Mar. 2024)

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What is Delta Israel Brands Days Payable?

Delta Israel Brands's average Accounts Payable for the three months ended in Mar. 2024 was ₪122.4 Mil. Delta Israel Brands's Cost of Goods Sold for the three months ended in Mar. 2024 was ₪103.6 Mil. Hence, Delta Israel Brands's Days Payable for the three months ended in Mar. 2024 was 107.80.

The historical rank and industry rank for Delta Israel Brands's Days Payable or its related term are showing as below:

XTAE:DLTI' s Days Payable Range Over the Past 10 Years
Min: 61.35 Med: 95.35 Max: 121.15
Current: 116.98

During the past 6 years, Delta Israel Brands's highest Days Payable was 121.15. The lowest was 61.35. And the median was 95.35.

XTAE:DLTI's Days Payable is ranked better than
82.73% of 1019 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 56.07 vs XTAE:DLTI: 116.98

Delta Israel Brands's Days Payable increased from Mar. 2023 (87.11) to Mar. 2024 (107.80). It may suggest that Delta Israel Brands delayed paying its suppliers.

Delta Israel Brands Days Payable Historical Data

The historical data trend for Delta Israel Brands'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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Delta Israel Brands Days Payable Chart

Delta Israel Brands Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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61.35

93.77

121.15

105.04

95.35

Delta Israel Brands Quarterly Data
	Dec18	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														87.11	130.07	129.77	110.46	107.80

Competitive Comparison of Delta Israel Brands's Days Payable

For the Apparel Manufacturing subindustry, Delta Israel Brands'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.

Delta Israel Brands's Days Payable Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Delta Israel Brands's Days Payable distribution charts can be found below:

* The bar in red indicates where Delta Israel Brands's Days Payable falls into.

Delta Israel Brands 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.

Delta Israel Brands'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
=	( (84.23	+	114.151)	/	2 )	/	379.685	*	365
=	99.1905					/	379.685	*	365
=	95.35

Delta Israel Brands'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
=	( (114.151	+	130.662)	/	2 )	/	103.613	*	365 / 4
=	122.4065					/	103.613	*	365 / 4
=	107.80

Delta Israel Brands Days Payable Related Terms

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Delta Israel Brands (XTAE:DLTI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Delta Israel Brands Ltd (XTAE:DLTI) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

45 Ha’Eshel Street, Southern Industrial Zone, Caesarea, ISR, 30889

Website

https://www.deltagalil.com

Delta Israel Brands Ltd is the operational division of the local Delta brand, Israel's leading innerwear and activewear brand for men, women, and children. The division is responsible for the development, design, and marketing of the flagship 'Delta' brand for all ages, and 'Fix', the popular young adult brand. Its products are sold across the country in the company's branded shops and in all major retail chains and department stores.