Rekah Pharmaceutical Prod (XTAE:REKA) Days Payable : 115.71 (As of Dec. 2023)

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What is Rekah Pharmaceutical Prod Days Payable?

Rekah Pharmaceutical Prod's average Accounts Payable for the three months ended in Dec. 2023 was ₪83.5 Mil. Rekah Pharmaceutical Prod's Cost of Goods Sold for the three months ended in Dec. 2023 was ₪65.8 Mil. Hence, Rekah Pharmaceutical Prod's Days Payable for the three months ended in Dec. 2023 was 115.71.

The historical rank and industry rank for Rekah Pharmaceutical Prod's Days Payable or its related term are showing as below:

XTAE:REKA' s Days Payable Range Over the Past 10 Years
Min: 104.69 Med: 134.75 Max: 156.66
Current: 131.68

During the past 11 years, Rekah Pharmaceutical Prod's highest Days Payable was 156.66. The lowest was 104.69. And the median was 134.75.

XTAE:REKA's Days Payable is ranked better than
70.52% of 977 companies
in the Drug Manufacturers industry
Industry Median: 86.82 vs XTAE:REKA: 131.68

Rekah Pharmaceutical Prod's Days Payable declined from Dec. 2022 (128.89) to Dec. 2023 (115.71). It may suggest that Rekah Pharmaceutical Prod accelerated paying its suppliers.

Rekah Pharmaceutical Prod Days Payable Historical Data

The historical data trend for Rekah Pharmaceutical Prod'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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Rekah Pharmaceutical Prod Days Payable Chart

Rekah Pharmaceutical Prod Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

129.90

104.69

114.85

127.61

134.46

Rekah Pharmaceutical Prod 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															128.89	130.64	147.93	132.33	115.71

Competitive Comparison of Rekah Pharmaceutical Prod's Days Payable

For the Drug Manufacturers - Specialty & Generic subindustry, Rekah Pharmaceutical Prod'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.

Rekah Pharmaceutical Prod's Days Payable Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Rekah Pharmaceutical Prod's Days Payable distribution charts can be found below:

* The bar in red indicates where Rekah Pharmaceutical Prod's Days Payable falls into.

Rekah Pharmaceutical Prod 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.

Rekah Pharmaceutical Prod'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
=	( (88.114	+	89.79)	/	2 )	/	241.46	*	365
=	88.952					/	241.46	*	365
=	134.46

Rekah Pharmaceutical Prod'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
=	( (77.117	+	89.79)	/	2 )	/	65.813	*	365 / 4
=	83.4535					/	65.813	*	365 / 4
=	115.71

Rekah Pharmaceutical Prod Days Payable Related Terms

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Rekah Pharmaceutical Prod (XTAE:REKA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Rekah Pharmaceutical Prod Ltd (XTAE:REKA) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

30 Hamelacha Street, Holon, ISR

Website

http://www.rekah.co.il

Rekah Pharmaceutical Prod Ltd is engaged in the manufacturing, importing, marketing, and distribution of pharmaceuticals and cosmetics. It primarily caters to the needs of hospitals, retirement homes, and national medical healthcare services.

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