Amiad Water Systems (XTAE:AMD) Days Payable : 59.97 (As of Dec. 2023)

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What is Amiad Water Systems Days Payable?

Amiad Water Systems's average Accounts Payable for the three months ended in Dec. 2023 was ₪50.5 Mil. Amiad Water Systems's Cost of Goods Sold for the three months ended in Dec. 2023 was ₪76.8 Mil. Hence, Amiad Water Systems's Days Payable for the three months ended in Dec. 2023 was 59.97.

The historical rank and industry rank for Amiad Water Systems's Days Payable or its related term are showing as below:

XTAE:AMD' s Days Payable Range Over the Past 10 Years
Min: 63.22 Med: 79.52 Max: 87.54
Current: 63.22

During the past 13 years, Amiad Water Systems's highest Days Payable was 87.54. The lowest was 63.22. And the median was 79.52.

XTAE:AMD's Days Payable is ranked worse than
60.01% of 2936 companies
in the Industrial Products industry
Industry Median: 76.705 vs XTAE:AMD: 63.22

Amiad Water Systems's Days Payable declined from Dec. 2022 (83.89) to Dec. 2023 (59.97). It may suggest that Amiad Water Systems accelerated paying its suppliers.

Amiad Water Systems Days Payable Historical Data

The historical data trend for Amiad Water Systems'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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Amiad Water Systems Days Payable Chart

Amiad Water Systems Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

73.16

78.54

87.54

79.21

66.24

Amiad Water Systems 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															83.89	65.22	60.61	64.75	59.97

Competitive Comparison of Amiad Water Systems's Days Payable

For the Pollution & Treatment Controls subindustry, Amiad Water Systems'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.

Amiad Water Systems's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Amiad Water Systems's Days Payable distribution charts can be found below:

* The bar in red indicates where Amiad Water Systems's Days Payable falls into.

Amiad Water Systems 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.

Amiad Water Systems'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
=	( (43.727	+	56.443)	/	2 )	/	275.987	*	365
=	50.085					/	275.987	*	365
=	66.24

Amiad Water Systems'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
=	( (44.558	+	56.443)	/	2 )	/	76.847	*	365 / 4
=	50.5005					/	76.847	*	365 / 4
=	59.97

Amiad Water Systems Days Payable Related Terms

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Amiad Water Systems (XTAE:AMD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Amiad Water Systems Ltd (XTAE:AMD) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

D.N. Galil Elyon 1, Kibbutz Amiad, ISR, 1233500

Website

https://www.amiad.com

Amiad Water Systems Ltd is a producer and supplier of water filters and filtration systems. The company concentrates on automatic self-cleaning filters that require low maintenance and can be adapted to provide bespoke solutions to a wide range of applications in a number of industries, in addition to a variety of other applications in the irrigation market. Geographically, it has a presence in the Americas, Aisa-Pacific, and Europe, Middle East, and Africa.