Mishorim Real Estate Investments (XTAE:MSHR) Days Payable : 20.42 (As of Dec. 2023)

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What is Mishorim Real Estate Investments Days Payable?

Mishorim Real Estate Investments's average Accounts Payable for the three months ended in Dec. 2023 was ₪18.3 Mil. Mishorim Real Estate Investments's Cost of Goods Sold for the three months ended in Dec. 2023 was ₪81.8 Mil. Hence, Mishorim Real Estate Investments's Days Payable for the three months ended in Dec. 2023 was 20.42.

The historical rank and industry rank for Mishorim Real Estate Investments's Days Payable or its related term are showing as below:

XTAE:MSHR' s Days Payable Range Over the Past 10 Years
Min: 20.48 Med: 31.53 Max: 85.42
Current: 21.09

During the past 12 years, Mishorim Real Estate Investments's highest Days Payable was 85.42. The lowest was 20.48. And the median was 31.53.

XTAE:MSHR's Days Payable is ranked worse than
86.7% of 1579 companies
in the Real Estate industry
Industry Median: 99.39 vs XTAE:MSHR: 21.09

Mishorim Real Estate Investments's Days Payable declined from Dec. 2022 (20.69) to Dec. 2023 (20.42). It may suggest that Mishorim Real Estate Investments accelerated paying its suppliers.

Mishorim Real Estate Investments Days Payable Historical Data

The historical data trend for Mishorim Real Estate Investments'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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Mishorim Real Estate Investments Days Payable Chart

Mishorim Real Estate Investments Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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23.04

29.50

33.56

27.25

20.48

Mishorim Real Estate Investments Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															20.69	20.43	22.97	21.16	20.42

Competitive Comparison of Mishorim Real Estate Investments's Days Payable

For the Real Estate Services subindustry, Mishorim Real Estate Investments'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.

Mishorim Real Estate Investments's Days Payable Distribution in the Real Estate Industry

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

* The bar in red indicates where Mishorim Real Estate Investments's Days Payable falls into.

Mishorim Real Estate Investments 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.

Mishorim Real Estate Investments'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
=	( (16.922	+	20.085)	/	2 )	/	329.785	*	365
=	18.5035					/	329.785	*	365
=	20.48

Mishorim Real Estate Investments'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
=	( (16.512	+	20.085)	/	2 )	/	81.772	*	365 / 4
=	18.2985					/	81.772	*	365 / 4
=	20.42

Mishorim Real Estate Investments Days Payable Related Terms

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Mishorim Real Estate Investments (XTAE:MSHR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Mishorim Real Estate Investments Ltd (XTAE:MSHR) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Masada 7, BSR Building 4, 14th floor, Bnei Brak, ISR, 49514

Website

http://www.mishorim.com

Mishorim Real Estate Investments Ltd operates as a real estate development company. The Company's operations focus on the acquisition and improvement of quality properties. It is engaged in the investment in yielding real estate, commercial properties and office buildings in Israel and the US.

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