ISRAEL CANADA (T R) (XTAE:ISCN) Days Payable : 27.76 (As of Mar. 2024)

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What is ISRAEL CANADA (T R) Days Payable?

ISRAEL CANADA (T R)'s average Accounts Payable for the three months ended in Mar. 2024 was ₪27.3 Mil. ISRAEL CANADA (T R)'s Cost of Goods Sold for the three months ended in Mar. 2024 was ₪89.6 Mil. Hence, ISRAEL CANADA (T R)'s Days Payable for the three months ended in Mar. 2024 was 27.76.

The historical rank and industry rank for ISRAEL CANADA (T R)'s Days Payable or its related term are showing as below:

XTAE:ISCN' s Days Payable Range Over the Past 10 Years
Min: 9.68 Med: 28.97 Max: 97.77
Current: 38.02

During the past 12 years, ISRAEL CANADA (T R)'s highest Days Payable was 97.77. The lowest was 9.68. And the median was 28.97.

XTAE:ISCN's Days Payable is ranked worse than
76.57% of 1579 companies
in the Real Estate industry
Industry Median: 99.69 vs XTAE:ISCN: 38.02

ISRAEL CANADA (T R)'s Days Payable declined from Mar. 2023 (41.07) to Mar. 2024 (27.76). It may suggest that ISRAEL CANADA (T R) accelerated paying its suppliers.

ISRAEL CANADA (T R) Days Payable Historical Data

The historical data trend for ISRAEL CANADA (T R)'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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ISRAEL CANADA (T R) Days Payable Chart

ISRAEL CANADA (T R) Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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18.41

41.22

46.18

15.49

37.25

ISRAEL CANADA (T R) 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															41.07	37.24	46.47	48.88	27.76

Competitive Comparison of ISRAEL CANADA (T R)'s Days Payable

For the Real Estate - Development subindustry, ISRAEL CANADA (T R)'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.

ISRAEL CANADA (T R)'s Days Payable Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, ISRAEL CANADA (T R)'s Days Payable distribution charts can be found below:

* The bar in red indicates where ISRAEL CANADA (T R)'s Days Payable falls into.

ISRAEL CANADA (T R) 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.

ISRAEL CANADA (T R)'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
=	( (50.672	+	28.303)	/	2 )	/	386.931	*	365
=	39.4875					/	386.931	*	365
=	37.25

ISRAEL CANADA (T R)'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
=	( (28.303	+	26.234)	/	2 )	/	89.639	*	365 / 4
=	27.2685					/	89.639	*	365 / 4
=	27.76

ISRAEL CANADA (T R) Days Payable Related Terms

Thank you for viewing the detailed overview of ISRAEL CANADA (T R)'s Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

ISRAEL CANADA (T R) (XTAE:ISCN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » ISRAEL CANADA (T R) Ltd (XTAE:ISCN) » Definitions » Days Payable

Traded in Other Exchanges

ISLCF:USA

Address

Menofim 2, Herzliya Pituach, Herzliya, ISR

Website

http://www.israel-canada.co.il

ISRAEL CANADA (T R) Ltd is involved in locating, promoting and enhancing properties. The company invests in selected real estate projects in Israel and abroad, while offering its investors a variety of investment alternatives. The company possesses extensive assets in strategic locations in Israel and North America from prestigious residential projects, through commercial assets.

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