Netanel Group (XTAE:NTGR) Days Payable : 78.99 (As of Mar. 2024)

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What is Netanel Group Days Payable?

Netanel Group's average Accounts Payable for the three months ended in Mar. 2024 was ₪17.0 Mil. Netanel Group's Cost of Goods Sold for the three months ended in Mar. 2024 was ₪19.6 Mil. Hence, Netanel Group's Days Payable for the three months ended in Mar. 2024 was 78.99.

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

XTAE:NTGR' s Days Payable Range Over the Past 10 Years
Min: 15.14 Med: 42.99 Max: 96.49
Current: 40.36

During the past 11 years, Netanel Group's highest Days Payable was 96.49. The lowest was 15.14. And the median was 42.99.

XTAE:NTGR's Days Payable is ranked worse than
75.14% of 1577 companies
in the Real Estate industry
Industry Median: 99.76 vs XTAE:NTGR: 40.36

Netanel Group's Days Payable increased from Mar. 2023 (48.74) to Mar. 2024 (78.99). It may suggest that Netanel Group delayed paying its suppliers.

Netanel Group Days Payable Historical Data

The historical data trend for Netanel Group'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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Netanel Group Days Payable Chart

Netanel Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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94.01

62.00

41.50

34.28

20.96

Netanel Group 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															48.74	19.67	52.98	52.42	78.99

Competitive Comparison of Netanel Group's Days Payable

For the Real Estate Services subindustry, Netanel Group'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.

Netanel Group's Days Payable Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Netanel Group's Days Payable distribution charts can be found below:

* The bar in red indicates where Netanel Group's Days Payable falls into.

Netanel Group 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.

Netanel Group'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
=	( (8.914	+	9.93)	/	2 )	/	164.087	*	365
=	9.422					/	164.087	*	365
=	20.96

Netanel Group'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
=	( (9.93	+	24.027)	/	2 )	/	19.614	*	365 / 4
=	16.9785					/	19.614	*	365 / 4
=	78.99

Netanel Group Days Payable Related Terms

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Netanel Group (XTAE:NTGR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Netanel Group Ltd (XTAE:NTGR) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Street Sokolov 48, Holon, ISR

Website

http://www.netanel.co.il

Netanel Group Ltd provides real estate services. Its business activities include development and realization of construction and real estate projects. Its projects include swimming pools, gyms, commercial & industrial projects as well as office buildings.