Electra Consumer Products (XTAE:ECP) Days Payable : 137.89 (As of Mar. 2024)

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What is Electra Consumer Products Days Payable?

Electra Consumer Products's average Accounts Payable for the three months ended in Mar. 2024 was ₪1,878 Mil. Electra Consumer Products's Cost of Goods Sold for the three months ended in Mar. 2024 was ₪1,243 Mil. Hence, Electra Consumer Products's Days Payable for the three months ended in Mar. 2024 was 137.89.

The historical rank and industry rank for Electra Consumer Products's Days Payable or its related term are showing as below:

XTAE:ECP' s Days Payable Range Over the Past 10 Years
Min: 89.3 Med: 124.39 Max: 152.79
Current: 141.62

During the past 13 years, Electra Consumer Products's highest Days Payable was 152.79. The lowest was 89.30. And the median was 124.39.

XTAE:ECP's Days Payable is ranked better than
83.02% of 2426 companies
in the Hardware industry
Industry Median: 68.08 vs XTAE:ECP: 141.62

Electra Consumer Products's Days Payable declined from Mar. 2023 (153.27) to Mar. 2024 (137.89). It may suggest that Electra Consumer Products accelerated paying its suppliers.

Electra Consumer Products Days Payable Historical Data

The historical data trend for Electra Consumer Products'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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Electra Consumer Products Days Payable Chart

Electra Consumer Products Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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134.36

152.79

132.69

133.21

133.43

Electra Consumer Products 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															153.27	152.01	129.13	146.71	137.89

Competitive Comparison of Electra Consumer Products's Days Payable

For the Consumer Electronics subindustry, Electra Consumer Products'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.

Electra Consumer Products's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Electra Consumer Products's Days Payable distribution charts can be found below:

* The bar in red indicates where Electra Consumer Products's Days Payable falls into.

Electra Consumer Products 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.

Electra Consumer Products'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
=	( (1607.276	+	1806.788)	/	2 )	/	4669.738	*	365
=	1707.032					/	4669.738	*	365
=	133.43

Electra Consumer Products'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
=	( (1806.788	+	1949.581)	/	2 )	/	1242.929	*	365 / 4
=	1878.1845					/	1242.929	*	365 / 4
=	137.89

Electra Consumer Products Days Payable Related Terms

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Electra Consumer Products (XTAE:ECP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Electra Consumer Products Ltd (XTAE:ECP) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

1 Sapir Street, New Industrial Zone, Rishon Lezion, ISR, 75704

Website

http://www.electra-consumer.co.il

Electra Consumer Products Ltd engages in the field of household electrical appliances, air conditioning, and communications. The group operates in three fields of operations of which the First field is importing, manufacturing, exporting, marketing, sale, and distribution of electrical consumer products as well as the provision of services for products; the Second field consists of the operation of retail marketing chains for the sale of electrical consumer products in Israel and the Third field includes the operation of "Do It Yourself" chains - retail chains specializing in the provision of home design and maintenance solutions and in the field of products for motor vehicles field. Geographically, the firm is Israel based and it derives revenue from sales and the provision of services.

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