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Zephyrus Wing Energies (XTAE:ZPRS) Days Payable : 80.54 (As of Jun. 2023)


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What is Zephyrus Wing Energies Days Payable?

Zephyrus Wing Energies's average Accounts Payable for the six months ended in Jun. 2023 was ₪8.4 Mil. Zephyrus Wing Energies's Cost of Goods Sold for the six months ended in Jun. 2023 was ₪18.9 Mil. Hence, Zephyrus Wing Energies's Days Payable for the six months ended in Jun. 2023 was 80.54.

The historical rank and industry rank for Zephyrus Wing Energies's Days Payable or its related term are showing as below:

XTAE:ZPRS' s Days Payable Range Over the Past 10 Years
Min: 67.63   Med: 82.67   Max: 159.21
Current: 159.21

During the past 3 years, Zephyrus Wing Energies's highest Days Payable was 159.21. The lowest was 67.63. And the median was 82.67.

XTAE:ZPRS's Days Payable is ranked better than
69.87% of 385 companies
in the Utilities - Independent Power Producers industry
Industry Median: 76.22 vs XTAE:ZPRS: 159.21

Zephyrus Wing Energies's Days Payable declined from Dec. 2021 (149.14) to Jun. 2023 (80.54). It may suggest that Zephyrus Wing Energies accelerated paying its suppliers.


Zephyrus Wing Energies Days Payable Historical Data

The historical data trend for Zephyrus Wing Energies'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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Zephyrus Wing Energies Days Payable Chart

Zephyrus Wing Energies Annual Data
Trend Dec19 Dec20 Dec21
Days Payable
- 67.63 97.70

Zephyrus Wing Energies Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Jun23
Days Payable Get a 7-Day Free Trial - 50.45 149.14 163.79 80.54

Competitive Comparison of Zephyrus Wing Energies's Days Payable

For the Utilities - Renewable subindustry, Zephyrus Wing Energies'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.


Zephyrus Wing Energies's Days Payable Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Zephyrus Wing Energies's Days Payable distribution charts can be found below:

* The bar in red indicates where Zephyrus Wing Energies's Days Payable falls into.



Zephyrus Wing Energies 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.

Zephyrus Wing Energies's Days Payable for the fiscal year that ended in Dec. 2021 is calculated as

Days Payable (A: Dec. 2021 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2020 ) + Accounts Payable (A: Dec. 2021 )) / count ) / Cost of Goods Sold (A: Dec. 2021 )*Days in Period
=( (3.005 + 8.159) / 2 ) / 20.855*365
=5.582 / 20.855*365
=97.70

Zephyrus Wing Energies's Days Payable for the quarter that ended in Jun. 2023 is calculated as:

Days Payable (Q: Jun. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2022 ) + Accounts Payable (Q: Jun. 2023 )) / count ) / Cost of Goods Sold (Q: Jun. 2023 )*Days in Period
=( (8.353 + 0) / 1 ) / 18.928*365 / 2
=8.353 / 18.928*365 / 2
=80.54

* 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.


Zephyrus Wing Energies Days Payable Related Terms

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Zephyrus Wing Energies (XTAE:ZPRS) Business Description

Traded in Other Exchanges
N/A
Address
2 Haslosha Street, Tel Aviv, ISR, 6706054
Zephyrus Wing Energies Ltd is engaged in the initiation, development, construction, and operation of wind farms and solar projects.

Zephyrus Wing Energies (XTAE:ZPRS) Headlines

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