ETGA Group (XTAE:ETGA) Days Payable : 93.13 (As of Mar. 2024)

View and export this data going back to 2021. Start your Free Trial

What is ETGA Group Days Payable?

ETGA Group's average Accounts Payable for the three months ended in Mar. 2024 was ₪83.3 Mil. ETGA Group's Cost of Goods Sold for the three months ended in Mar. 2024 was ₪81.6 Mil. Hence, ETGA Group's Days Payable for the three months ended in Mar. 2024 was 93.13.

The historical rank and industry rank for ETGA Group's Days Payable or its related term are showing as below:

XTAE:ETGA' s Days Payable Range Over the Past 10 Years
Min: 66.54 Med: 89.13 Max: 130.05
Current: 102.64

During the past 5 years, ETGA Group's highest Days Payable was 130.05. The lowest was 66.54. And the median was 89.13.

XTAE:ETGA's Days Payable is ranked better than
82.6% of 931 companies
in the Transportation industry
Industry Median: 39.08 vs XTAE:ETGA: 102.64

ETGA Group's Days Payable increased from Mar. 2023 (84.51) to Mar. 2024 (93.13). It may suggest that ETGA Group delayed paying its suppliers.

ETGA Group Days Payable Historical Data

The historical data trend for ETGA Group'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.

ETGA Group Days Payable Chart

ETGA Group Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

130.05

74.67

66.54

103.58

ETGA Group Quarterly Data
	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial												84.51	95.37	96.36	117.61	93.13

Competitive Comparison of ETGA Group's Days Payable

For the Integrated Freight & Logistics subindustry, ETGA Group'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.

ETGA Group's Days Payable Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, ETGA Group's Days Payable distribution charts can be found below:

* The bar in red indicates where ETGA Group's Days Payable falls into.

ETGA Group 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.

ETGA Group'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
=	( (84.72	+	71.182)	/	2 )	/	274.677	*	365
=	77.951					/	274.677	*	365
=	103.58

ETGA Group'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
=	( (71.182	+	95.34)	/	2 )	/	81.582	*	365 / 4
=	83.261					/	81.582	*	365 / 4
=	93.13

ETGA Group Days Payable Related Terms

Thank you for viewing the detailed overview of ETGA Group's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

ETGA Group (XTAE:ETGA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » ETGA Group Ltd (XTAE:ETGA) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

HaRokamim Street, Azrieli Business Park, Building D, 5th Floor, Holon, ISR, 5885849

Website

https://www.etga.co.il

ETGA Group Ltd is engaged in providing logistics services for import and export, customs brokerage and non-bank credit.

ETGA Group (XTAE:ETGA) Headlines

No Headlines