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Ormat Industries (XTAE:ORMT) Days Payable : 85.16 (As of Sep. 2014)


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What is Ormat Industries Days Payable?

Ormat Industries's average Accounts Payable for the three months ended in Sep. 2014 was ₪293 Mil. Ormat Industries's Cost of Goods Sold for the three months ended in Sep. 2014 was ₪314 Mil. Hence, Ormat Industries's Days Payable for the three months ended in Sep. 2014 was 85.16.

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

XTAE:ORMT's Days Payable is not ranked *
in the Utilities - Independent Power Producers industry.
Industry Median: 76.865
* Ranked among companies with meaningful Days Payable only.

Ormat Industries's Days Payable increased from Sep. 2013 (83.99) to Sep. 2014 (85.16). It may suggest that Ormat Industries delayed paying its suppliers.

Ormat Industries Days Payable Historical Data

The historical data trend for Ormat Industries'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.

* Premium members only.

Ormat Industries Days Payable Chart

Ormat Industries Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Days Payable
Get a 7-Day Free Trial 111.00 98.50 108.70 99.44 95.81

Ormat Industries Quarterly Data
Mar10 Jun10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14
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 83.99 94.25 100.55 83.08 85.16

Competitive Comparison of Ormat Industries's Days Payable

For the Utilities - Independent Power Producers subindustry, Ormat Industries'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.

Ormat Industries's Days Payable Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Ormat Industries's Days Payable distribution charts can be found below:

* The bar in red indicates where Ormat Industries's Days Payable falls into.


Ormat Industries 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.

Ormat Industries's Days Payable for the fiscal year that ended in Dec. 2013 is calculated as

Days Payable (A: Dec. 2013 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2012 ) + Accounts Payable (A: Dec. 2013 )) / count ) / Cost of Goods Sold (A: Dec. 2013 )*Days in Period
=( (362.824 + 362.994) / 2 ) / 1382.496*365
=362.909 / 1382.496*365
=95.81

Ormat Industries's Days Payable for the quarter that ended in Sep. 2014 is calculated as:

Days Payable (Q: Sep. 2014 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2014 ) + Accounts Payable (Q: Sep. 2014 )) / count ) / Cost of Goods Sold (Q: Sep. 2014 )*Days in Period
=( (295.439 + 290.297) / 2 ) / 313.828*365 / 4
=292.868 / 313.828*365 / 4
=85.16

* 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.

Ormat Industries Days Payable Related Terms

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