Azrieli Group (Azrieli Group) Days Payable : 270.89 (As of Dec. 2023)

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What is Azrieli Group Days Payable?

Azrieli Group's average Accounts Payable for the three months ended in Dec. 2023 was $190.8 Mil. Azrieli Group's Cost of Goods Sold for the three months ended in Dec. 2023 was $64.3 Mil. Hence, Azrieli Group's Days Payable for the three months ended in Dec. 2023 was 270.89.

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

AZRGF' s Days Payable Range Over the Past 10 Years
Min: 156.89 Med: 220.67 Max: 310.68
Current: 252.09

During the past 13 years, Azrieli Group's highest Days Payable was 310.68. The lowest was 156.89. And the median was 220.67.

AZRGF's Days Payable is ranked better than
76.06% of 1579 companies
in the Real Estate industry
Industry Median: 101.48 vs AZRGF: 252.09

Azrieli Group's Days Payable increased from Dec. 2022 (211.95) to Dec. 2023 (270.89). It may suggest that Azrieli Group delayed paying its suppliers.

Azrieli Group Days Payable Historical Data

The historical data trend for Azrieli 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.

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Azrieli Group Days Payable Chart

Azrieli Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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198.03

226.09

215.24

240.59

284.47

Azrieli 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															211.95	272.44	225.57	210.17	270.89

Competitive Comparison of Azrieli Group's Days Payable

For the Real Estate Services subindustry, Azrieli 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.

Azrieli Group's Days Payable Distribution in the Real Estate Industry

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

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

Azrieli 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.

Azrieli 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
=	( (179.866	+	201.912)	/	2 )	/	244.929	*	365
=	190.889					/	244.929	*	365
=	284.47

Azrieli 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
=	( (179.597	+	201.912)	/	2 )	/	64.257	*	365 / 4
=	190.7545					/	64.257	*	365 / 4
=	270.89

Azrieli Group Days Payable Related Terms

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Azrieli Group (Azrieli Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Azrieli Group Ltd (OTCPK:AZRGF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

AZRG:Israel

Address

1 Azrieli Center, Tel Aviv, ISR, 6702101

Website

https://www.azrieli.com

Azrieli Group Ltd manages and operates companies that own properties across Israel, subsidiaries in the energy, water, and environment industries, a card company, and a bank. The company's income-producing properties include shopping malls, office towers, industrial buildings, and residential properties. In addition to owning properties in Israel, the portfolio consists of a minor number of international properties. Under the energy business, holdings include marketing and distribution of refined oil and water desalination, wastewater purification, and sludge treatment facilities.