Ilex Medical (XTAE:ILX) Days Payable : 81.01 (As of Mar. 2024)

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What is Ilex Medical Days Payable?

Ilex Medical's average Accounts Payable for the three months ended in Mar. 2024 was ₪162.5 Mil. Ilex Medical's Cost of Goods Sold for the three months ended in Mar. 2024 was ₪183.1 Mil. Hence, Ilex Medical's Days Payable for the three months ended in Mar. 2024 was 81.01.

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

XTAE:ILX' s Days Payable Range Over the Past 10 Years
Min: 71.5 Med: 83.13 Max: 92.25
Current: 76.66

During the past 11 years, Ilex Medical's highest Days Payable was 92.25. The lowest was 71.50. And the median was 83.13.

XTAE:ILX's Days Payable is ranked better than
52.3% of 784 companies
in the Medical Devices & Instruments industry
Industry Median: 72.505 vs XTAE:ILX: 76.66

Ilex Medical's Days Payable declined from Mar. 2023 (89.58) to Mar. 2024 (81.01). It may suggest that Ilex Medical accelerated paying its suppliers.

Ilex Medical Days Payable Historical Data

The historical data trend for Ilex Medical'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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Ilex Medical Days Payable Chart

Ilex Medical Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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86.34

71.50

76.89

82.86

82.09

Ilex Medical 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															89.58	85.93	78.58	64.44	81.01

Competitive Comparison of Ilex Medical's Days Payable

For the Medical Devices subindustry, Ilex Medical'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.

Ilex Medical's Days Payable Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Ilex Medical's Days Payable distribution charts can be found below:

* The bar in red indicates where Ilex Medical's Days Payable falls into.

Ilex Medical 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.

Ilex Medical'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
=	( (142.321	+	172.107)	/	2 )	/	699.024	*	365
=	157.214					/	699.024	*	365
=	82.09

Ilex Medical'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
=	( (172.107	+	152.933)	/	2 )	/	183.063	*	365 / 4
=	162.52					/	183.063	*	365 / 4
=	81.01

Ilex Medical Days Payable Related Terms

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Ilex Medical (XTAE:ILX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Ilex Medical Ltd (XTAE:ILX) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Kodak Building, 7 Hatnufa Street, PO Box 3156, Kiriat Arie Industrial Park, Petah Tikva, ISR, 4951025

Website

http://www.ilexmedical.com

Ilex Medical Ltd is an Israel based company engages in the marketing and distribution of diagnostic products and other medical laboratory information systems. It offers in-vitro diagnostic equipment, reagents, laboratory management software, blood bank diagnostic kits, and diagnostic support services to the healthcare sector in Israel.

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