Lahav L R Real Estate (XTAE:LAHAV) Days Payable : 18.46 (As of Dec. 2023)

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What is Lahav L R Real Estate Days Payable?

Lahav L R Real Estate's average Accounts Payable for the three months ended in Dec. 2023 was ₪64.9 Mil. Lahav L R Real Estate's Cost of Goods Sold for the three months ended in Dec. 2023 was ₪320.9 Mil. Hence, Lahav L R Real Estate's Days Payable for the three months ended in Dec. 2023 was 18.46.

The historical rank and industry rank for Lahav L R Real Estate's Days Payable or its related term are showing as below:

XTAE:LAHAV' s Days Payable Range Over the Past 10 Years
Min: 11.06 Med: 70.87 Max: 90.05
Current: 57.55

During the past 11 years, Lahav L R Real Estate's highest Days Payable was 90.05. The lowest was 11.06. And the median was 70.87.

XTAE:LAHAV's Days Payable is ranked worse than
65.95% of 1574 companies
in the Real Estate industry
Industry Median: 96.755 vs XTAE:LAHAV: 57.55

Lahav L R Real Estate's Days Payable declined from Dec. 2022 (48.13) to Dec. 2023 (18.46). It may suggest that Lahav L R Real Estate accelerated paying its suppliers.

Lahav L R Real Estate Days Payable Historical Data

The historical data trend for Lahav L R Real Estate'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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Lahav L R Real Estate Days Payable Chart

Lahav L R Real Estate Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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71.87

11.06

11.30

90.05

69.86

Lahav L R Real Estate Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															48.13	71.30	14,139.93	1,397.14	18.46

Competitive Comparison of Lahav L R Real Estate's Days Payable

For the Real Estate Services subindustry, Lahav L R Real Estate'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.

Lahav L R Real Estate's Days Payable Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Lahav L R Real Estate's Days Payable distribution charts can be found below:

* The bar in red indicates where Lahav L R Real Estate's Days Payable falls into.

Lahav L R Real Estate 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.

Lahav L R Real Estate'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
=	( (65.07	+	62.516)	/	2 )	/	333.299	*	365
=	63.793					/	333.299	*	365
=	69.86

Lahav L R Real Estate's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (67.329	+	62.516)	/	2 )	/	320.909	*	365 / 4
=	64.9225					/	320.909	*	365 / 4
=	18.46

Lahav L R Real Estate Days Payable Related Terms

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Lahav L R Real Estate (XTAE:LAHAV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Lahav L R Real Estate Ltd (XTAE:LAHAV) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

89 Medinat Hayehudim Street, 12th Floor, E Building, P.O. Box 4199, Herzliya, ISR, 46766

Website

http://www.lahavgroup.com

Lahav L R Real Estate Ltd invests in income yielding properties in Israel. It is a part of Gaon Group. The company is engaged in income-producing real estate in Western Europe and in solar energy. Its real estate properties include shopping centers and office buildings.

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