Israel Shipyards Industries (XTAE:ISHI) Days Payable : 51.82 (As of Dec. 2023)

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What is Israel Shipyards Industries Days Payable?

Israel Shipyards Industries's average Accounts Payable for the three months ended in Dec. 2023 was ₪180 Mil. Israel Shipyards Industries's Cost of Goods Sold for the three months ended in Dec. 2023 was ₪316 Mil. Hence, Israel Shipyards Industries's Days Payable for the three months ended in Dec. 2023 was 51.82.

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

XTAE:ISHI' s Days Payable Range Over the Past 10 Years
Min: 25.58 Med: 37.92 Max: 52.48
Current: 49.31

During the past 7 years, Israel Shipyards Industries's highest Days Payable was 52.48. The lowest was 25.58. And the median was 37.92.

XTAE:ISHI's Days Payable is ranked worse than
65.2% of 296 companies
in the Aerospace & Defense industry
Industry Median: 74.995 vs XTAE:ISHI: 49.31

Israel Shipyards Industries's Days Payable increased from Dec. 2022 (47.19) to Dec. 2023 (51.82). It may suggest that Israel Shipyards Industries delayed paying its suppliers.

Israel Shipyards Industries Days Payable Historical Data

The historical data trend for Israel Shipyards Industries'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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Israel Shipyards Industries Days Payable Chart

Israel Shipyards Industries Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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50.67

42.12

33.72

25.58

31.30

Israel Shipyards Industries 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															47.19	42.68	62.02	58.69	51.82

Competitive Comparison of Israel Shipyards Industries's Days Payable

For the Aerospace & Defense subindustry, Israel Shipyards Industries'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.

Israel Shipyards Industries's Days Payable Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Israel Shipyards Industries's Days Payable distribution charts can be found below:

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

Israel Shipyards Industries 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.

Israel Shipyards Industries'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
=	( (98.32	+	125.425)	/	2 )	/	1304.759	*	365
=	111.8725					/	1304.759	*	365
=	31.30

Israel Shipyards Industries'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
=	( (233.748	+	125.425)	/	2 )	/	316.237	*	365 / 4
=	179.5865					/	316.237	*	365 / 4
=	51.82

Israel Shipyards Industries Days Payable Related Terms

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Israel Shipyards Industries (XTAE:ISHI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Israel Shipyards Industries Ltd (XTAE:ISHI) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Haifa Bay, P.O.B. 10630, Haifa, ISR, 2611702

Website

https://www.israel-shipyards.com

Israel Shipyards Industries Ltd is a ship building company. The company designs, renovates, and repairs ships and vessels. The product portfolio includes Fast-Attack Vessel, Patrol Vessel, Fast Patrol Craft, Merchant ships, Floating docks, Tugs, Service boats, and other products. Also, the company manufactures Pressure Vessels, Panamax Container Cranes, and Industrial Large Pressure Vessels.