Globrands Group (XTAE:GLRS) Days Payable : 121.47 (As of Dec. 2024)

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What is Globrands Group Days Payable?

Globrands Group's average Accounts Payable for the three months ended in Dec. 2024 was ₪127.3 Mil. Globrands Group's Cost of Goods Sold for the three months ended in Dec. 2024 was ₪95.6 Mil. Hence, Globrands Group's Days Payable for the three months ended in Dec. 2024 was 121.47.

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

XTAE:GLRS' s Days Payable Range Over the Past 10 Years
Min: 0 Med: 0 Max: 69.07
Current: 69.07

During the past 6 years, Globrands Group's highest Days Payable was 69.07. The lowest was 0.00. And the median was 0.00.

XTAE:GLRS's Days Payable is ranked better than
52.08% of 48 companies
in the Tobacco Products industry
Industry Median: 62.825 vs XTAE:GLRS: 69.07

Globrands Group's Days Payable increased from Dec. 2023 (35.70) to Dec. 2024 (121.47). It may suggest that Globrands Group delayed paying its suppliers.

Globrands Group Days Payable Historical Data

The historical data trend for Globrands 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.

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Globrands Group Days Payable Chart

Globrands Group Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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Globrands Group Quarterly Data
	Dec19	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Payable	Get a 7-Day Free Trial												35.70	64.69	70.39	75.90	121.47

Competitive Comparison of Globrands Group's Days Payable

For the Tobacco subindustry, Globrands 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.

Globrands Group's Days Payable Distribution in the Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, Globrands Group's Days Payable distribution charts can be found below:

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

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Globrands 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.

Globrands Group's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

	Days Payable (A: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2023 )	+	Accounts Payable (A: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2024 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	525.11	*	365
=	0					/	525.11	*	365
=	0.00

Globrands Group's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

	Days Payable (Q: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2024 )	+	Accounts Payable (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (127.296	+	0)	/	1 )	/	95.629	*	365 / 4
=	127.296					/	95.629	*	365 / 4
=	121.47

Globrands Group Days Payable Related Terms

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Globrands Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Tobacco Products » Globrands Group Ltd (XTAE:GLRS) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Shderot HaHaskala 9, P.O. Box 19391, Tel Aviv, ISR, 6119302

Website

https://www.globrands.co.il

Globrands Group Ltd is a retail distribution company in Israel. It has two divisions. The Smoking Products division includes brands such as BIC, BAT, JTI, and RAW; the Confectionery and Snacks division includes brands such as Diplomat, Unilever, Mars, and Salysol.

Globrands Group Headlines

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