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Victory Supermarket Chain (XTAE:VCTR) Days Payable : 79.29 (As of Jun. 2024)


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What is Victory Supermarket Chain Days Payable?

Victory Supermarket Chain's average Accounts Payable for the three months ended in Jun. 2024 was ₪413 Mil. Victory Supermarket Chain's Cost of Goods Sold for the three months ended in Jun. 2024 was ₪475 Mil. Hence, Victory Supermarket Chain's Days Payable for the three months ended in Jun. 2024 was 79.29.

The historical rank and industry rank for Victory Supermarket Chain's Days Payable or its related term are showing as below:

XTAE:VCTR' s Days Payable Range Over the Past 10 Years
Min: 65.1   Med: 70.03   Max: 79.2
Current: 76.56

During the past 11 years, Victory Supermarket Chain's highest Days Payable was 79.20. The lowest was 65.10. And the median was 70.03.

XTAE:VCTR's Days Payable is ranked better than
83% of 300 companies
in the Retail - Defensive industry
Industry Median: 43.785 vs XTAE:VCTR: 76.56

Victory Supermarket Chain's Days Payable increased from Jun. 2023 (71.38) to Jun. 2024 (79.29). It may suggest that Victory Supermarket Chain delayed paying its suppliers.


Victory Supermarket Chain Days Payable Historical Data

The historical data trend for Victory Supermarket Chain'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.

Victory Supermarket Chain Days Payable Chart

Victory Supermarket Chain Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 74.93 65.10 68.21 67.03 70.62

Victory Supermarket Chain Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 Premium Member Only Premium Member Only 71.38 74.64 74.51 78.80 79.29

Competitive Comparison of Victory Supermarket Chain's Days Payable

For the Discount Stores subindustry, Victory Supermarket Chain'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.


Victory Supermarket Chain's Days Payable Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Victory Supermarket Chain's Days Payable distribution charts can be found below:

* The bar in red indicates where Victory Supermarket Chain's Days Payable falls into.



Victory Supermarket Chain 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.

Victory Supermarket Chain'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
=( (342.385 + 359.235) / 2 ) / 1813.25*365
=350.81 / 1813.25*365
=70.62

Victory Supermarket Chain's Days Payable for the quarter that ended in Jun. 2024 is calculated as:

Days Payable (Q: Jun. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2024 ) + Accounts Payable (Q: Jun. 2024 )) / count ) / Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=( (426.745 + 398.99) / 2 ) / 475.14*365 / 4
=412.8675 / 475.14*365 / 4
=79.29

* 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.


Victory Supermarket Chain Days Payable Related Terms

Thank you for viewing the detailed overview of Victory Supermarket Chain's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.


Victory Supermarket Chain Business Description

Traded in Other Exchanges
N/A
Address
3 Hakishor Street, Gan Yavne, ISR
Victory Supermarket Chain is a group consisting of companies operating in the food sector. The company is engaged in wholesale distribution of food products, and managing supermarkets and real estate properties.

Victory Supermarket Chain Headlines

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