RoboGroup TEK (XTAE:ROBO) Days Payable : 63.00 (As of Dec. 2023)

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What is RoboGroup TEK Days Payable?

RoboGroup TEK's average Accounts Payable for the six months ended in Dec. 2023 was ₪4.63 Mil. RoboGroup TEK's Cost of Goods Sold for the six months ended in Dec. 2023 was ₪13.40 Mil. Hence, RoboGroup TEK's Days Payable for the six months ended in Dec. 2023 was 63.00.

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

XTAE:ROBO' s Days Payable Range Over the Past 10 Years
Min: 37.02 Med: 61.73 Max: 75.23
Current: 60.28

During the past 13 years, RoboGroup TEK's highest Days Payable was 75.23. The lowest was 37.02. And the median was 61.73.

XTAE:ROBO's Days Payable is ranked worse than
57.77% of 2425 companies
in the Hardware industry
Industry Median: 68.07 vs XTAE:ROBO: 60.28

RoboGroup TEK's Days Payable increased from Dec. 2022 (55.03) to Dec. 2023 (63.00). It may suggest that RoboGroup TEK delayed paying its suppliers.

RoboGroup TEK Days Payable Historical Data

The historical data trend for RoboGroup TEK'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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RoboGroup TEK Days Payable Chart

RoboGroup TEK Annual Data

Trend

Dec03

Dec04

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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37.03

38.07

74.32

49.98

52.19

RoboGroup TEK Semi-Annual Data
	Jun01	Dec01	Jun02	Dec02	Jun03	Dec03	Jun04	Dec04	Jun05	Dec16	Dec17	Dec18	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial															70.39	60.22	55.03	65.75	63.00

Competitive Comparison of RoboGroup TEK's Days Payable

For the Scientific & Technical Instruments subindustry, RoboGroup TEK'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.

RoboGroup TEK's Days Payable Distribution in the Hardware Industry

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

* The bar in red indicates where RoboGroup TEK's Days Payable falls into.

RoboGroup TEK 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.

RoboGroup TEK'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
=	( (3.593	+	3.82)	/	2 )	/	25.923	*	365
=	3.7065					/	25.923	*	365
=	52.19

RoboGroup TEK'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: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (5.431	+	3.82)	/	2 )	/	13.399	*	365 / 2
=	4.6255					/	13.399	*	365 / 2
=	63.00

RoboGroup TEK Days Payable Related Terms

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RoboGroup TEK (XTAE:ROBO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » RoboGroup TEK Ltd (XTAE:ROBO) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

ROBOF:USA

Address

13 Hamelacha Street, Afek Industrial Park, Rosh Ha'Ayin, ISR, 48091

Website

http://www.robo-group.com

RoboGroup TEK Ltd is a global, diversified enterprise with proprietary technologies. It has technologies in the fields of robotics, motion control and technology education. The company has taken its engineering and management expertise in the fields of automation, motion control, and algorithmic functions and developed several businesses related to these technologies. Its products include intelitek; Coderz.

RoboGroup TEK (XTAE:ROBO) Headlines

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