Ondas Holdings (XTAE:ONDS) Days Payable : 480.86 (As of Mar. 2024)

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What is Ondas Holdings Days Payable?

Ondas Holdings's average Accounts Payable for the three months ended in Mar. 2024 was ₪20.06 Mil. Ondas Holdings's Cost of Goods Sold for the three months ended in Mar. 2024 was ₪3.81 Mil. Hence, Ondas Holdings's Days Payable for the three months ended in Mar. 2024 was 480.86.

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

XTAE:ONDS' s Days Payable Range Over the Past 10 Years
Min: 159.62 Med: 828.7 Max: 10407.18
Current: 218.99

During the past 9 years, Ondas Holdings's highest Days Payable was 10407.18. The lowest was 159.62. And the median was 828.70.

XTAE:ONDS's Days Payable is ranked better than
91.45% of 2421 companies
in the Hardware industry
Industry Median: 68.07 vs XTAE:ONDS: 218.99

Ondas Holdings's Days Payable increased from Mar. 2023 (236.47) to Mar. 2024 (480.86). It may suggest that Ondas Holdings delayed paying its suppliers.

Ondas Holdings Days Payable Historical Data

The historical data trend for Ondas Holdings'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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Ondas Holdings Days Payable Chart

Ondas Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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7,926.69

692.45

481.60

965.03

159.62

Ondas Holdings 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															236.47	191.42	224.07	150.28	480.86

Competitive Comparison of Ondas Holdings's Days Payable

For the Communication Equipment subindustry, Ondas Holdings'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.

Ondas Holdings's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Ondas Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Ondas Holdings's Days Payable falls into.

Ondas Holdings 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.

Ondas Holdings'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
=	( (11.066	+	19.316)	/	2 )	/	34.736	*	365
=	15.191					/	34.736	*	365
=	159.62

Ondas Holdings'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
=	( (19.316	+	20.797)	/	2 )	/	3.806	*	365 / 4
=	20.0565					/	3.806	*	365 / 4
=	480.86

Ondas Holdings Days Payable Related Terms

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Ondas Holdings (XTAE:ONDS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Ondas Holdings Inc (XTAE:ONDS) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

ONDS:USA 1B8:Germany

Address

411 Waverley Oaks Road, Suite 114, Waltham, MA, USA, 02452

Website

https://www.ondas.com

Ondas Holdings Inc designs, develops, manufactures, sells, and supports FullMAX Software Defined Radio (SDR) technology in the United States, Israel, and India. Its FullMAX system of wireless base stations, fixed and mobile remote radios are deployed by customers to create wide-area wireless broadband cellular networks. The company markets and sells its products to companies in the electric utilities, water and wastewater utilities, oil and gas producers, and for other critical infrastructure applications in areas such as homeland security and defense, and transportation.