Shikun & Binui Energy (XTAE:SBEN) Days Payable : 184.75 (As of Mar. 2024)

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What is Shikun & Binui Energy Days Payable?

Shikun & Binui Energy's average Accounts Payable for the three months ended in Mar. 2024 was ₪46.1 Mil. Shikun & Binui Energy's Cost of Goods Sold for the three months ended in Mar. 2024 was ₪22.8 Mil. Hence, Shikun & Binui Energy's Days Payable for the three months ended in Mar. 2024 was 184.75.

The historical rank and industry rank for Shikun & Binui Energy's Days Payable or its related term are showing as below:

XTAE:SBEN' s Days Payable Range Over the Past 10 Years
Min: 50.79 Med: 137.38 Max: 290.2
Current: 109.76

During the past 5 years, Shikun & Binui Energy's highest Days Payable was 290.20. The lowest was 50.79. And the median was 137.38.

XTAE:SBEN's Days Payable is ranked better than
61.82% of 385 companies
in the Utilities - Independent Power Producers industry
Industry Median: 76.22 vs XTAE:SBEN: 109.76

Shikun & Binui Energy's Days Payable increased from Mar. 2023 (45.45) to Mar. 2024 (184.75). It may suggest that Shikun & Binui Energy delayed paying its suppliers.

Shikun & Binui Energy Days Payable Historical Data

The historical data trend for Shikun & Binui Energy'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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Shikun & Binui Energy Days Payable Chart

Shikun & Binui Energy Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

290.20

188.91

50.79

85.85

Shikun & Binui Energy Quarterly Data
	Dec19	Dec20	Mar21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial									45.45	83.01	56.76	85.39	184.75

Competitive Comparison of Shikun & Binui Energy's Days Payable

For the Utilities - Renewable subindustry, Shikun & Binui Energy'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.

Shikun & Binui Energy's Days Payable Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Shikun & Binui Energy's Days Payable distribution charts can be found below:

* The bar in red indicates where Shikun & Binui Energy's Days Payable falls into.

Shikun & Binui Energy 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.

Shikun & Binui Energy'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
=	( (11.173	+	33.556)	/	2 )	/	95.082	*	365
=	22.3645					/	95.082	*	365
=	85.85

Shikun & Binui Energy'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
=	( (33.556	+	58.588)	/	2 )	/	22.756	*	365 / 4
=	46.072					/	22.756	*	365 / 4
=	184.75

Shikun & Binui Energy Days Payable Related Terms

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Shikun & Binui Energy (XTAE:SBEN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Shikun & Binui Energy Ltd (XTAE:SBEN) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

1A Ha-Yarden Street, P.O.B 1133, Airport City, ISR, 7010000

Website

https://www.shikunbinui.com

Shikun & Binui Energy Ltd engages in the development, financing, construction and operation of power generation plants based on energies, such as: solar energy, hydro, wind and natural gas - in Israel and around the globe. It develops utility-scale long-term projects, taking an end-to-end approach, from the initiation stage to financing, construction, operation, and maintenance of the project.

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