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Megureit Israel (XTAE:MGRT) Days Payable : 2.58 (As of Dec. 2024)


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What is Megureit Israel Days Payable?

Megureit Israel's average Accounts Payable for the three months ended in Dec. 2024 was ₪0.75 Mil. Megureit Israel's Cost of Goods Sold for the three months ended in Dec. 2024 was ₪26.65 Mil. Hence, Megureit Israel's Days Payable for the three months ended in Dec. 2024 was 2.58.

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

XTAE:MGRT' s Days Payable Range Over the Past 10 Years
Min: 2.59   Med: 10.16   Max: 30.3
Current: 7.3

During the past 9 years, Megureit Israel's highest Days Payable was 30.30. The lowest was 2.59. And the median was 10.16.

XTAE:MGRT's Days Payable is ranked worse than
95.5% of 556 companies
in the REITs industry
Industry Median: 109.49 vs XTAE:MGRT: 7.30

Megureit Israel's Days Payable increased from Dec. 2023 (0.70) to Dec. 2024 (2.58). It may suggest that Megureit Israel delayed paying its suppliers.


Megureit Israel Days Payable Historical Data

The historical data trend for Megureit Israel'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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Megureit Israel Days Payable Chart

Megureit Israel Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Payable
Get a 7-Day Free Trial Premium Member Only 30.30 27.80 8.30 2.59 8.23

Megureit Israel 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.70 45.99 33.58 57.33 2.58

Competitive Comparison of Megureit Israel's Days Payable

For the REIT - Diversified subindustry, Megureit Israel'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.


Megureit Israel's Days Payable Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Megureit Israel's Days Payable distribution charts can be found below:

* The bar in red indicates where Megureit Israel's Days Payable falls into.


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Megureit Israel 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.

Megureit Israel'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
=( (0.581 + 0.766) / 2 ) / 29.86*365
=0.6735 / 29.86*365
=8.23

Megureit Israel'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
=( (0.741 + 0.766) / 2 ) / 26.646*365 / 4
=0.7535 / 26.646*365 / 4
=2.58

* 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.


Megureit Israel Days Payable Related Terms

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Megureit Israel Business Description

Traded in Other Exchanges
N/A
Address
Derech Aba Hillel 12, Ramat Gan, ISR, 5250606
Website
Megureit Israel Ltd is a real estate investment fund. The company invests majorly in residential apartments for rent, offices, and commercial centers.

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