Energix-Renewable Energies (XTAE:ENRG) Days Payable : 1,415.09 (As of Mar. 2024)

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What is Energix-Renewable Energies Days Payable?

Energix-Renewable Energies's average Accounts Payable for the three months ended in Mar. 2024 was ₪398.7 Mil. Energix-Renewable Energies's Cost of Goods Sold for the three months ended in Mar. 2024 was ₪25.7 Mil. Hence, Energix-Renewable Energies's Days Payable for the three months ended in Mar. 2024 was 1,415.09.

The historical rank and industry rank for Energix-Renewable Energies's Days Payable or its related term are showing as below:

XTAE:ENRG' s Days Payable Range Over the Past 10 Years
Min: 413.61 Med: 1005.64 Max: 4577.06
Current: 1030.02

During the past 13 years, Energix-Renewable Energies's highest Days Payable was 4577.06. The lowest was 413.61. And the median was 1005.64.

XTAE:ENRG's Days Payable is ranked better than
92.8% of 389 companies
in the Utilities - Independent Power Producers industry
Industry Median: 76.03 vs XTAE:ENRG: 1030.02

Energix-Renewable Energies's Days Payable increased from Mar. 2023 (633.25) to Mar. 2024 (1,415.09). It may suggest that Energix-Renewable Energies delayed paying its suppliers.

Energix-Renewable Energies Days Payable Historical Data

The historical data trend for Energix-Renewable Energies'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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Energix-Renewable Energies Days Payable Chart

Energix-Renewable Energies Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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1,035.36

1,367.21

1,385.56

754.80

975.91

Energix-Renewable Energies 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															633.25	865.92	841.48	1,081.68	1,415.09

Competitive Comparison of Energix-Renewable Energies's Days Payable

For the Utilities - Renewable subindustry, Energix-Renewable Energies'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.

Energix-Renewable Energies's Days Payable Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Energix-Renewable Energies's Days Payable distribution charts can be found below:

* The bar in red indicates where Energix-Renewable Energies's Days Payable falls into.

Energix-Renewable Energies 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.

Energix-Renewable Energies'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
=	( (74.499	+	443.384)	/	2 )	/	96.847	*	365
=	258.9415					/	96.847	*	365
=	975.91

Energix-Renewable Energies'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
=	( (443.384	+	353.996)	/	2 )	/	25.709	*	365 / 4
=	398.69					/	25.709	*	365 / 4
=	1,415.09

Energix-Renewable Energies Days Payable Related Terms

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Energix-Renewable Energies (XTAE:ENRG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Energix-Renewable Energies Ltd (XTAE:ENRG) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

ENREF:USA

Address

2 Jabotinsky Street, Amot Atrium Tower, Ramat Gan, ISR, 5250501

Website

https://www.energix-group.com

Energix-Renewable Energies Ltd is an Israel based renewable energy company engaged in the field of solar (photovoltaic) and wind energy. The group operates its activities in two reporting segments namely, the Photovoltaic segment, and the Wind segment. It develops, plans, and constructs projects for the production and sale of electricity using its photovoltaic solar systems under the Photovoltaic segment. The company also plans and constructs projects for the production and sale of electricity by using wind energy. Its Wind energy segment projects are located in Israel and Poland. The group generates the majority of its revenue from the Wind segment.