Ralco Agencies (XTAE:RLCO) Days Payable : 60.31 (As of Dec. 2023)

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What is Ralco Agencies Days Payable?

Ralco Agencies's average Accounts Payable for the three months ended in Dec. 2023 was ₪30.2 Mil. Ralco Agencies's Cost of Goods Sold for the three months ended in Dec. 2023 was ₪45.6 Mil. Hence, Ralco Agencies's Days Payable for the three months ended in Dec. 2023 was 60.31.

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

XTAE:RLCO' s Days Payable Range Over the Past 10 Years
Min: 40.96 Med: 66.24 Max: 79.19
Current: 61.58

During the past 11 years, Ralco Agencies's highest Days Payable was 79.19. The lowest was 40.96. And the median was 66.24.

XTAE:RLCO's Days Payable is ranked worse than
56.52% of 2422 companies
in the Hardware industry
Industry Median: 67.69 vs XTAE:RLCO: 61.58

Ralco Agencies's Days Payable declined from Dec. 2022 (100.49) to Dec. 2023 (60.31). It may suggest that Ralco Agencies accelerated paying its suppliers.

Ralco Agencies Days Payable Historical Data

The historical data trend for Ralco Agencies'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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Ralco Agencies Days Payable Chart

Ralco Agencies Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

66.78

66.45

69.64

79.19

74.93

Ralco Agencies Quarterly Data
	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															100.49	67.18	58.91	46.99	60.31

Competitive Comparison of Ralco Agencies's Days Payable

For the Electronics & Computer Distribution subindustry, Ralco Agencies'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.

Ralco Agencies's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Ralco Agencies's Days Payable distribution charts can be found below:

* The bar in red indicates where Ralco Agencies's Days Payable falls into.

Ralco Agencies 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.

Ralco Agencies'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
=	( (51.229	+	30.602)	/	2 )	/	199.314	*	365
=	40.9155					/	199.314	*	365
=	74.93

Ralco Agencies'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
=	( (29.721	+	30.602)	/	2 )	/	45.638	*	365 / 4
=	30.1615					/	45.638	*	365 / 4
=	60.31

Ralco Agencies Days Payable Related Terms

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Ralco Agencies (XTAE:RLCO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Ralco Agencies Ltd (XTAE:RLCO) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

31 Hametzuda Street, Azur, ISR, 58001

Website

http://www.ralco.co.il

Ralco Agencies Ltd is engaged in import & distribution of consumer products manufactured by zanussi sharp and blomberg. It distributes refrigerators, LCD televisions, microwave ovens, dishwashers & built-in ovens, among others. It markets its products to private stores and marketing chains that specialized in the marketing of electrical and electronic products.

Ralco Agencies (XTAE:RLCO) Headlines

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