Naphtha Israel Petroleum (XTAE:NFTA) Days Payable : 12.08 (As of Dec. 2023)

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What is Naphtha Israel Petroleum Days Payable?

Naphtha Israel Petroleum's average Accounts Payable for the three months ended in Dec. 2023 was ₪53 Mil. Naphtha Israel Petroleum's Cost of Goods Sold for the three months ended in Dec. 2023 was ₪401 Mil. Hence, Naphtha Israel Petroleum's Days Payable for the three months ended in Dec. 2023 was 12.08.

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

XTAE:NFTA' s Days Payable Range Over the Past 10 Years
Min: 11.04 Med: 16.67 Max: 27.91
Current: 17.45

During the past 12 years, Naphtha Israel Petroleum's highest Days Payable was 27.91. The lowest was 11.04. And the median was 16.67.

XTAE:NFTA's Days Payable is ranked worse than
88.43% of 899 companies
in the Oil & Gas industry
Industry Median: 61.13 vs XTAE:NFTA: 17.45

Naphtha Israel Petroleum's Days Payable increased from Dec. 2022 (8.13) to Dec. 2023 (12.08). It may suggest that Naphtha Israel Petroleum delayed paying its suppliers.

Naphtha Israel Petroleum Days Payable Historical Data

The historical data trend for Naphtha Israel Petroleum'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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Naphtha Israel Petroleum Days Payable Chart

Naphtha Israel Petroleum Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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17.03

11.04

11.29

13.18

15.21

Naphtha Israel Petroleum 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															8.13	21.17	23.48	21.17	12.08

Competitive Comparison of Naphtha Israel Petroleum's Days Payable

For the Oil & Gas E&P subindustry, Naphtha Israel Petroleum'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.

Naphtha Israel Petroleum's Days Payable Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Naphtha Israel Petroleum's Days Payable distribution charts can be found below:

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

Naphtha Israel Petroleum 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.

Naphtha Israel Petroleum'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
=	( (32.564	+	51.273)	/	2 )	/	1005.987	*	365
=	41.9185					/	1005.987	*	365
=	15.21

Naphtha Israel Petroleum'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
=	( (54.853	+	51.273)	/	2 )	/	400.745	*	365 / 4
=	53.063					/	400.745	*	365 / 4
=	12.08

Naphtha Israel Petroleum Days Payable Related Terms

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Naphtha Israel Petroleum (XTAE:NFTA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Naphtha Israel Petroleum Corp Ltd (XTAE:NFTA) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

8 Ha Granit Street, Kiryat Aryeh, Petach-Tikva, ISR, 49002

Website

Naphtha Israel Petroleum Corp Ltd explores oil & gas. It also engages in real estate operations in Israel and Europe. Some of its subsidiaries are Isramco Oil & Gas, Unikurs Kft, Bivvy Kft, Stars Invest S.R.O., Isramco Properties Gmbh and A.M.S. Gmbh.

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