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El-Mor Electric Installation & Services (1986) (XTAE:ELMR) Days Payable : 71.69 (As of Sep. 2023)


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What is El-Mor Electric Installation & Services (1986) Days Payable?

El-Mor Electric Installation & Services (1986)'s average Accounts Payable for the three months ended in Sep. 2023 was ₪114.1 Mil. El-Mor Electric Installation & Services (1986)'s Cost of Goods Sold for the three months ended in Sep. 2023 was ₪145.3 Mil. Hence, El-Mor Electric Installation & Services (1986)'s Days Payable for the three months ended in Sep. 2023 was 71.69.

The historical rank and industry rank for El-Mor Electric Installation & Services (1986)'s Days Payable or its related term are showing as below:

XTAE:ELMR' s Days Payable Range Over the Past 10 Years
Min: 80.47   Med: 92.71   Max: 117.21
Current: 80.47

During the past 7 years, El-Mor Electric Installation & Services (1986)'s highest Days Payable was 117.21. The lowest was 80.47. And the median was 92.71.

XTAE:ELMR's Days Payable is ranked better than
53.93% of 1604 companies
in the Construction industry
Industry Median: 74.31 vs XTAE:ELMR: 80.47

El-Mor Electric Installation & Services (1986)'s Days Payable increased from Sep. 2022 (0.00) to Sep. 2023 (71.69). It may suggest that El-Mor Electric Installation & Services (1986) delayed paying its suppliers.


El-Mor Electric Installation & Services (1986) Days Payable Historical Data

The historical data trend for El-Mor Electric Installation & Services (1986)'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.

El-Mor Electric Installation & Services (1986) Days Payable Chart

El-Mor Electric Installation & Services (1986) Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Payable
Get a 7-Day Free Trial 99.59 82.01 85.83 117.21 81.31

El-Mor Electric Installation & Services (1986) Quarterly Data
Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 80.91 88.00 77.92 71.69

Competitive Comparison of El-Mor Electric Installation & Services (1986)'s Days Payable

For the Engineering & Construction subindustry, El-Mor Electric Installation & Services (1986)'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.


El-Mor Electric Installation & Services (1986)'s Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, El-Mor Electric Installation & Services (1986)'s Days Payable distribution charts can be found below:

* The bar in red indicates where El-Mor Electric Installation & Services (1986)'s Days Payable falls into.



El-Mor Electric Installation & Services (1986) 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.

El-Mor Electric Installation & Services (1986)'s Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

Days Payable (A: Dec. 2022 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2021 ) + Accounts Payable (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (78.83 + 96.847) / 2 ) / 394.287*365
=87.8385 / 394.287*365
=81.31

El-Mor Electric Installation & Services (1986)'s Days Payable for the quarter that ended in Sep. 2023 is calculated as:

Days Payable (Q: Sep. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2023 ) + Accounts Payable (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (113.843 + 114.407) / 2 ) / 145.273*365 / 4
=114.125 / 145.273*365 / 4
=71.69

* 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.


El-Mor Electric Installation & Services (1986) Days Payable Related Terms

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El-Mor Electric Installation & Services (1986) (XTAE:ELMR) Business Description

Traded in Other Exchanges
N/A
Address
22 Hotzot Haytozer Street, Ashkelon, ISR
El-Mor Electric Installation & Services (1986) Ltd builds electricity projects and deals in energy, infrastructure and communications sectors through subsidiaries.It has branches in Lod, Kfar Saba and Ashkelon. It has electricity and air-conditioning projects in a variety of fields such as power plants, renewable and solar energy, industry, telecom, high-tech, commercial and public buildings, military and defense facilities, electrical and telecom infrastructure, and street lighting.

El-Mor Electric Installation & Services (1986) (XTAE:ELMR) Headlines

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