Emilia Development (O.F.G) (XTAE:EMDV) Days Payable : 65.26 (As of Mar. 2024)

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What is Emilia Development (O.F.G) Days Payable?

Emilia Development (O.F.G)'s average Accounts Payable for the three months ended in Mar. 2024 was ₪262 Mil. Emilia Development (O.F.G)'s Cost of Goods Sold for the three months ended in Mar. 2024 was ₪367 Mil. Hence, Emilia Development (O.F.G)'s Days Payable for the three months ended in Mar. 2024 was 65.26.

The historical rank and industry rank for Emilia Development (O.F.G)'s Days Payable or its related term are showing as below:

XTAE:EMDV' s Days Payable Range Over the Past 10 Years
Min: 25.65 Med: 79.39 Max: 89.06
Current: 69.65

During the past 12 years, Emilia Development (O.F.G)'s highest Days Payable was 89.06. The lowest was 25.65. And the median was 79.39.

XTAE:EMDV's Days Payable is ranked worse than
51.18% of 467 companies
in the Asset Management industry
Industry Median: 73 vs XTAE:EMDV: 69.65

Emilia Development (O.F.G)'s Days Payable declined from Mar. 2023 (67.67) to Mar. 2024 (65.26). It may suggest that Emilia Development (O.F.G) accelerated paying its suppliers.

Emilia Development (O.F.G) Days Payable Historical Data

The historical data trend for Emilia Development (O.F.G)'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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Emilia Development (O.F.G) Days Payable Chart

Emilia Development (O.F.G) Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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82.42

89.06

79.34

67.89

64.38

Emilia Development (O.F.G) Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															67.67	78.04	68.74	68.15	65.26

Competitive Comparison of Emilia Development (O.F.G)'s Days Payable

For the Asset Management subindustry, Emilia Development (O.F.G)'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.

Emilia Development (O.F.G)'s Days Payable Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Emilia Development (O.F.G)'s Days Payable distribution charts can be found below:

* The bar in red indicates where Emilia Development (O.F.G)'s Days Payable falls into.

Emilia Development (O.F.G) 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.

Emilia Development (O.F.G)'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
=	( (301.508	+	256.481)	/	2 )	/	1581.698	*	365
=	278.9945					/	1581.698	*	365
=	64.38

Emilia Development (O.F.G)'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
=	( (256.481	+	268.049)	/	2 )	/	366.73	*	365 / 4
=	262.265					/	366.73	*	365 / 4
=	65.26

Emilia Development (O.F.G) Days Payable Related Terms

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Emilia Development (O.F.G) (XTAE:EMDV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Emilia Development (O.F.G) Ltd (XTAE:EMDV) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

11 Menahem Begin Street, Rogobin Tidhar Tower, 13th Floor, Ramat Gan, Tel Aviv, ISR, 526814

Website

http://www.emilia.co.il

Emilia Development (O.F.G) Ltd is a holding company. The company has a diverse portfolio in the industrial services, distribution, and logistics sectors.