Isras Investments Co (XTAE:ISRS) Days Payable : 12.05 (As of Mar. 2024)

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What is Isras Investments Co Days Payable?

Isras Investments Co's average Accounts Payable for the three months ended in Mar. 2024 was ₪8.8 Mil. Isras Investments Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ₪66.8 Mil. Hence, Isras Investments Co's Days Payable for the three months ended in Mar. 2024 was 12.05.

The historical rank and industry rank for Isras Investments Co's Days Payable or its related term are showing as below:

XTAE:ISRS' s Days Payable Range Over the Past 10 Years
Min: 13.48 Med: 33.66 Max: 83.84
Current: 25.92

During the past 13 years, Isras Investments Co's highest Days Payable was 83.84. The lowest was 13.48. And the median was 33.66.

XTAE:ISRS's Days Payable is ranked worse than
84.22% of 1572 companies
in the Real Estate industry
Industry Median: 99.68 vs XTAE:ISRS: 25.92

Isras Investments Co's Days Payable declined from Mar. 2023 (66.75) to Mar. 2024 (12.05). It may suggest that Isras Investments Co accelerated paying its suppliers.

Isras Investments Co Days Payable Historical Data

The historical data trend for Isras Investments Co'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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Isras Investments Co Days Payable Chart

Isras Investments Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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52.11

35.37

31.18

83.84

47.12

Isras Investments Co 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															66.75	42.21	41.40	26.77	12.05

Competitive Comparison of Isras Investments Co's Days Payable

For the Real Estate Services subindustry, Isras Investments Co'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.

Isras Investments Co's Days Payable Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Isras Investments Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Isras Investments Co's Days Payable falls into.

Isras Investments Co 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.

Isras Investments Co'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
=	( (21.181	+	10.62)	/	2 )	/	123.157	*	365
=	15.9005					/	123.157	*	365
=	47.12

Isras Investments Co'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
=	( (10.62	+	7.022)	/	2 )	/	66.809	*	365 / 4
=	8.821					/	66.809	*	365 / 4
=	12.05

Isras Investments Co Days Payable Related Terms

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Isras Investments Co (XTAE:ISRS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Isras Investments Co Ltd (XTAE:ISRS) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

IRICF:USA

Address

Har Sinai 3, Tel-Aviv, ISR, 65816

Website

https://www.israsgroup.co.il

Isras Investments Co Ltd develops, erects, and administers yielding assets. The company is also engaged in the construction of residential and industrial properties. Its projects include technology park and office buildings, among others.

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