Kardan Israel (XTAE:KRDI) Days Payable : 67.29 (As of Dec. 2023)

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What is Kardan Israel Days Payable?

Kardan Israel's average Accounts Payable for the three months ended in Dec. 2023 was ₪89.6 Mil. Kardan Israel's Cost of Goods Sold for the three months ended in Dec. 2023 was ₪121.5 Mil. Hence, Kardan Israel's Days Payable for the three months ended in Dec. 2023 was 67.29.

The historical rank and industry rank for Kardan Israel's Days Payable or its related term are showing as below:

XTAE:KRDI' s Days Payable Range Over the Past 10 Years
Min: 53.74 Med: 62.9 Max: 81.76
Current: 69.88

During the past 8 years, Kardan Israel's highest Days Payable was 81.76. The lowest was 53.74. And the median was 62.90.

XTAE:KRDI's Days Payable is ranked worse than
59.97% of 1579 companies
in the Real Estate industry
Industry Median: 98.32 vs XTAE:KRDI: 69.88

Kardan Israel's Days Payable declined from Dec. 2022 (74.05) to Dec. 2023 (67.29). It may suggest that Kardan Israel accelerated paying its suppliers.

Kardan Israel Days Payable Historical Data

The historical data trend for Kardan Israel'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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Kardan Israel Days Payable Chart

Kardan Israel Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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81.76

67.21

53.74

63.14

62.90

Kardan Israel Quarterly Data
	Dec17	Jun18	Sep18	Dec18	Jun19	Dec19	Jun20	Sep20	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															74.05	59.56	73.49	88.40	67.29

Competitive Comparison of Kardan Israel's Days Payable

For the Real Estate Services subindustry, Kardan Israel'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.

Kardan Israel's Days Payable Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Kardan Israel's Days Payable distribution charts can be found below:

* The bar in red indicates where Kardan Israel's Days Payable falls into.

Kardan Israel 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.

Kardan Israel'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
=	( (75.431	+	77.127)	/	2 )	/	442.614	*	365
=	76.279					/	442.614	*	365
=	62.90

Kardan Israel'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
=	( (102.051	+	77.127)	/	2 )	/	121.491	*	365 / 4
=	89.589					/	121.491	*	365 / 4
=	67.29

Kardan Israel Days Payable Related Terms

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Kardan Israel (XTAE:KRDI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Kardan Israel Ltd (XTAE:KRDI) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

154 Menachem Begin Road, Tel Aviv, ISR, 64921

Website

http://www.kardan.com

Kardan Israel Ltd is an investment group. It develops and manages long term cash flow generating assets mainly in real estate, water infrastructure automotive, and high tech/telecom.

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