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Strauss Group (XTAE:STRS) Days Payable : 101.15 (As of Dec. 2023)


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What is Strauss Group Days Payable?

Strauss Group's average Accounts Payable for the three months ended in Dec. 2023 was ₪1,206 Mil. Strauss Group's Cost of Goods Sold for the three months ended in Dec. 2023 was ₪1,088 Mil. Hence, Strauss Group's Days Payable for the three months ended in Dec. 2023 was 101.15.

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

XTAE:STRS' s Days Payable Range Over the Past 10 Years
Min: 77.87   Med: 85.07   Max: 101.65
Current: 100.91

During the past 13 years, Strauss Group's highest Days Payable was 101.65. The lowest was 77.87. And the median was 85.07.

XTAE:STRS's Days Payable is ranked better than
82.6% of 1787 companies
in the Consumer Packaged Goods industry
Industry Median: 45.77 vs XTAE:STRS: 100.91

Strauss Group's Days Payable increased from Dec. 2022 (97.66) to Dec. 2023 (101.15). It may suggest that Strauss Group delayed paying its suppliers.


Strauss Group Days Payable Historical Data

The historical data trend for Strauss Group'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.

* Premium members only.

Strauss Group Days Payable Chart

Strauss Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 79.72 77.87 86.55 95.60 101.65

Strauss Group 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 97.66 106.07 105.67 91.09 101.15

Competitive Comparison of Strauss Group's Days Payable

For the Packaged Foods subindustry, Strauss Group'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.


Strauss Group's Days Payable Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Strauss Group's Days Payable distribution charts can be found below:

* The bar in red indicates where Strauss Group's Days Payable falls into.



Strauss Group 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.

Strauss Group'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
=( (1186 + 1238) / 2 ) / 4352*365
=1212 / 4352*365
=101.65

Strauss Group'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
=( (1174 + 1238) / 2 ) / 1088*365 / 4
=1206 / 1088*365 / 4
=101.15

* 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.


Strauss Group Days Payable Related Terms

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Strauss Group (XTAE:STRS) Business Description

Traded in Other Exchanges
Address
49 Hasivim Street, Kiryat Matalon, P.O. Box 194, Petach Tikva, ISR, 4959504
Strauss Group Ltd is a food and beverage company that holds a portfolio of companies including Strauss Coffee B.V., which produces coffee, teas, and other complementary products, and provides coffee services to hotels, restaurants, cafes, and working places; Strauss Israel, which offers a variety of products such as dairies, snacks, and drinks to Israel food market; Strauss Water, which specializes in drinking water solutions; and PepsiCo-Strauss Fresh Dips and Spreads, which supplies vegetarian dips and fresh foods. Its geographical segments are Israel, and Europe and the Rest of the World, of which the company generates most of its revenue from Israel.

Strauss Group (XTAE:STRS) Headlines

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