Kardan Real Estate Enterprise And Development (XTAE:KARE) Days Payable : 61.01 (As of Dec. 2024)

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What is Kardan Real Estate Enterprise And Development Days Payable?

Kardan Real Estate Enterprise And Development's average Accounts Payable for the three months ended in Dec. 2024 was ₪62.5 Mil. Kardan Real Estate Enterprise And Development's Cost of Goods Sold for the three months ended in Dec. 2024 was ₪93.5 Mil. Hence, Kardan Real Estate Enterprise And Development's Days Payable for the three months ended in Dec. 2024 was 61.01.

The historical rank and industry rank for Kardan Real Estate Enterprise And Development's Days Payable or its related term are showing as below:

XTAE:KARE' s Days Payable Range Over the Past 10 Years
Min: 42.42 Med: 59.96 Max: 81.71
Current: 59.65

During the past 12 years, Kardan Real Estate Enterprise And Development's highest Days Payable was 81.71. The lowest was 42.42. And the median was 59.96.

XTAE:KARE's Days Payable is ranked worse than
63.92% of 1566 companies
in the Real Estate industry
Industry Median: 96.165 vs XTAE:KARE: 59.65

Kardan Real Estate Enterprise And Development's Days Payable increased from Dec. 2023 (59.13) to Dec. 2024 (61.01). It may suggest that Kardan Real Estate Enterprise And Development delayed paying its suppliers.

Kardan Real Estate Enterprise And Development Days Payable Historical Data

The historical data trend for Kardan Real Estate Enterprise And Development'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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Kardan Real Estate Enterprise And Development Days Payable Chart

Kardan Real Estate Enterprise And Development Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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67.12

53.68

62.69

59.24

56.42

Kardan Real Estate Enterprise And Development Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Payable	Get a 7-Day Free Trial															59.13	64.83	60.57	56.23	61.01

Competitive Comparison of Kardan Real Estate Enterprise And Development's Days Payable

For the Real Estate Services subindustry, Kardan Real Estate Enterprise And Development'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.

Kardan Real Estate Enterprise And Development's Days Payable Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Kardan Real Estate Enterprise And Development's Days Payable distribution charts can be found below:

* The bar in red indicates where Kardan Real Estate Enterprise And Development's Days Payable falls into.

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Kardan Real Estate Enterprise And Development 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.

Kardan Real Estate Enterprise And Development'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
=	( (68.995	+	59.936)	/	2 )	/	417.057	*	365
=	64.4655					/	417.057	*	365
=	56.42

Kardan Real Estate Enterprise And Development'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
=	( (65.068	+	59.936)	/	2 )	/	93.487	*	365 / 4
=	62.502					/	93.487	*	365 / 4
=	61.01

Kardan Real Estate Enterprise And Development Days Payable Related Terms

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Kardan Real Estate Enterprise And Development Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Kardan Real Estate Enterprise And Development Ltd (XTAE:KARE) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

154 Menachem Begin Road, Tel Aviv-Jaffa, ISR

Website

http://www.kardan-nadlan.co.il

Kardan Real Estate Enterprise And Development Ltd is engaged in the construction, sale and rental of residential, commercial and industrial building. It also provides promotion and development of residential projects and properties.

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