Ari Real Estate (Arena) Investment (XTAE:ARIN) Days Payable : 84.23 (As of Mar. 2024)

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What is Ari Real Estate (Arena) Investment Days Payable?

Ari Real Estate (Arena) Investment's average Accounts Payable for the three months ended in Mar. 2024 was ₪5.4 Mil. Ari Real Estate (Arena) Investment's Cost of Goods Sold for the three months ended in Mar. 2024 was ₪5.9 Mil. Hence, Ari Real Estate (Arena) Investment's Days Payable for the three months ended in Mar. 2024 was 84.23.

The historical rank and industry rank for Ari Real Estate (Arena) Investment's Days Payable or its related term are showing as below:

XTAE:ARIN' s Days Payable Range Over the Past 10 Years
Min: 30.69 Med: 43.79 Max: 86.9
Current: 63.94

During the past 11 years, Ari Real Estate (Arena) Investment's highest Days Payable was 86.90. The lowest was 30.69. And the median was 43.79.

XTAE:ARIN's Days Payable is ranked worse than
62.91% of 1572 companies
in the Real Estate industry
Industry Median: 100.22 vs XTAE:ARIN: 63.94

Ari Real Estate (Arena) Investment's Days Payable declined from Mar. 2023 (101.12) to Mar. 2024 (84.23). It may suggest that Ari Real Estate (Arena) Investment accelerated paying its suppliers.

Ari Real Estate (Arena) Investment Days Payable Historical Data

The historical data trend for Ari Real Estate (Arena) Investment'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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Ari Real Estate (Arena) Investment Days Payable Chart

Ari Real Estate (Arena) Investment Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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41.08

61.97

86.90

78.81

37.81

Ari Real Estate (Arena) Investment Quarterly Data
	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															101.12	81.39	21.89	16.55	84.23

Competitive Comparison of Ari Real Estate (Arena) Investment's Days Payable

For the Real Estate Services subindustry, Ari Real Estate (Arena) Investment'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.

Ari Real Estate (Arena) Investment's Days Payable Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Ari Real Estate (Arena) Investment's Days Payable distribution charts can be found below:

* The bar in red indicates where Ari Real Estate (Arena) Investment's Days Payable falls into.

Ari Real Estate (Arena) Investment 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.

Ari Real Estate (Arena) Investment'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
=	( (4.289	+	1.199)	/	2 )	/	26.488	*	365
=	2.744					/	26.488	*	365
=	37.81

Ari Real Estate (Arena) Investment'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
=	( (1.199	+	9.603)	/	2 )	/	5.851	*	365 / 4
=	5.401					/	5.851	*	365 / 4
=	84.23

Ari Real Estate (Arena) Investment Days Payable Related Terms

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Ari Real Estate (Arena) Investment (XTAE:ARIN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Ari Real Estate (Arena) Investment Ltd (XTAE:ARIN) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

47 Zabotinsky Street, Ashdod, ISR, 77219

Website

Ari Real Estate (Arena) Investment Ltd formerly Arena Star Group Ltd is engaged in owning, investing & developing real estate properties.

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