The Israel Land Development Co (XTAE:ILDC) Days Payable : 81.74 (As of Mar. 2024)

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What is The Israel Land Development Co Days Payable?

The Israel Land Development Co's average Accounts Payable for the three months ended in Mar. 2024 was ₪153.2 Mil. The Israel Land Development Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ₪171.1 Mil. Hence, The Israel Land Development Co's Days Payable for the three months ended in Mar. 2024 was 81.74.

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

XTAE:ILDC' s Days Payable Range Over the Past 10 Years
Min: 48.56 Med: 152.67 Max: 218.94
Current: 99.69

During the past 13 years, The Israel Land Development Co's highest Days Payable was 218.94. The lowest was 48.56. And the median was 152.67.

XTAE:ILDC's Days Payable is ranked worse than
50.13% of 1572 companies
in the Real Estate industry
Industry Median: 100.22 vs XTAE:ILDC: 99.69

The Israel Land Development Co's Days Payable declined from Mar. 2023 (122.57) to Mar. 2024 (81.74). It may suggest that The Israel Land Development Co accelerated paying its suppliers.

The Israel Land Development Co Days Payable Historical Data

The historical data trend for The Israel Land Development Co'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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The Israel Land Development Co Days Payable Chart

The Israel Land Development Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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166.61

218.94

138.72

167.03

120.19

The Israel Land Development Co 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															122.57	157.61	111.60	87.97	81.74

Competitive Comparison of The Israel Land Development Co's Days Payable

For the Real Estate Services subindustry, The Israel Land Development Co'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.

The Israel Land Development Co's Days Payable Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, The Israel Land Development Co's Days Payable distribution charts can be found below:

* The bar in red indicates where The Israel Land Development Co's Days Payable falls into.

The Israel Land Development Co 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.

The Israel Land Development Co'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
=	( (175.357	+	160.543)	/	2 )	/	510.049	*	365
=	167.95					/	510.049	*	365
=	120.19

The Israel Land Development Co'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
=	( (160.543	+	145.92)	/	2 )	/	171.052	*	365 / 4
=	153.2315					/	171.052	*	365 / 4
=	81.74

The Israel Land Development Co Days Payable Related Terms

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The Israel Land Development Co (XTAE:ILDC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » The Israel Land Development Co Ltd (XTAE:ILDC) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

30 Sheshet Hayamim Street, Bnei Brak, ISR, 5120261

Website

http://www.ildc.co.il

The Israel Land Development Co Ltd owns and manages a chain of hotels in Israel. The company's operating business segments are Property rental; Residential construction development overseas; and Residential construction development in Israel. Property rental segment generates most of the revenue for the firm which is engaged in the rental and management of investment properties throughout Israel and overseas.

The Israel Land Development Co (XTAE:ILDC) Headlines

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