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Electra Power (2019) (XTAE:ELCP) Days Payable : 38.75 (As of Dec. 2023)


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What is Electra Power (2019) Days Payable?

Electra Power (2019)'s average Accounts Payable for the three months ended in Dec. 2023 was ₪57.2 Mil. Electra Power (2019)'s Cost of Goods Sold for the three months ended in Dec. 2023 was ₪134.6 Mil. Hence, Electra Power (2019)'s Days Payable for the three months ended in Dec. 2023 was 38.75.

The historical rank and industry rank for Electra Power (2019)'s Days Payable or its related term are showing as below:

XTAE:ELCP' s Days Payable Range Over the Past 10 Years
Min: 24.37   Med: 26.72   Max: 37.38
Current: 37.38

During the past 7 years, Electra Power (2019)'s highest Days Payable was 37.38. The lowest was 24.37. And the median was 26.72.

XTAE:ELCP's Days Payable is ranked worse than
78.56% of 499 companies
in the Utilities - Regulated industry
Industry Median: 66.38 vs XTAE:ELCP: 37.38

Electra Power (2019)'s Days Payable increased from Dec. 2022 (31.83) to Dec. 2023 (38.75). It may suggest that Electra Power (2019) delayed paying its suppliers.


Electra Power (2019) Days Payable Historical Data

The historical data trend for Electra Power (2019)'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.

* Premium members only.

Electra Power (2019) Days Payable Chart

Electra Power (2019) Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial 25.61 29.61 33.69 24.37 27.48

Electra Power (2019) Quarterly Data
Dec18 Mar19 Jun19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 31.83 31.07 48.52 43.85 38.75

Competitive Comparison of Electra Power (2019)'s Days Payable

For the Utilities - Regulated Gas subindustry, Electra Power (2019)'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 Power (2019)'s Days Payable Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Electra Power (2019)'s Days Payable distribution charts can be found below:

* The bar in red indicates where Electra Power (2019)'s Days Payable falls into.



Electra Power (2019) 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 Power (2019)'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
=( (35.623 + 47.075) / 2 ) / 549.18*365
=41.349 / 549.18*365
=27.48

Electra Power (2019)'s Days Payable for the quarter that ended in Dec. 2023 is calculated as:

Days Payable (Q: Dec. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2023 ) + Accounts Payable (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (67.276 + 47.075) / 2 ) / 134.637*365 / 4
=57.1755 / 134.637*365 / 4
=38.75

* 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.


Electra Power (2019) Days Payable Related Terms

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Electra Power (2019) (XTAE:ELCP) Business Description

Traded in Other Exchanges
N/A
Address
35 Yad Harutzim, Netanya, ISR
Electra Power (2019) Ltd is engaged in the supply of energy and electricity in Israel. The company offers energy solutions which include cooking gas, natural gas, solar energy, and charging stations for electric vehicles. Electra Power focuses on transferring power into the hands of the consumer and providing smart services and solutions.

Electra Power (2019) (XTAE:ELCP) Headlines

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