Piramal Enterprises (BOM:500302) Days Payable : 75.45 (As of Mar. 2024)

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What is Piramal Enterprises Days Payable?

Piramal Enterprises's average Accounts Payable for the three months ended in Mar. 2024 was ₹2,945 Mil. Piramal Enterprises's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹3,562 Mil. Hence, Piramal Enterprises's Days Payable for the three months ended in Mar. 2024 was 75.45.

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

BOM:500302' s Days Payable Range Over the Past 10 Years
Min: 66.62 Med: 96.17 Max: 391.6
Current: 97.63

During the past 13 years, Piramal Enterprises's highest Days Payable was 391.60. The lowest was 66.62. And the median was 96.17.

BOM:500302's Days Payable is ranked better than
52.63% of 76 companies
in the Diversified Financial Services industry
Industry Median: 84.53 vs BOM:500302: 97.63

Piramal Enterprises's Days Payable declined from Mar. 2023 (124.53) to Mar. 2024 (75.45). It may suggest that Piramal Enterprises accelerated paying its suppliers.

Piramal Enterprises Days Payable Historical Data

The historical data trend for Piramal Enterprises'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.

* Premium members only.

Piramal Enterprises Days Payable Chart

Piramal Enterprises Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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108.59

102.32

275.93

391.60

90.02

Piramal Enterprises 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															124.53	117.95	107.08	106.99	75.45

Competitive Comparison of Piramal Enterprises's Days Payable

For the Financial Conglomerates subindustry, Piramal Enterprises'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.

Piramal Enterprises's Days Payable Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Piramal Enterprises's Days Payable distribution charts can be found below:

* The bar in red indicates where Piramal Enterprises's Days Payable falls into.

Piramal Enterprises 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.

Piramal Enterprises's Days Payable for the fiscal year that ended in Mar. 2024 is calculated as

	Days Payable (A: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2023 )	+	Accounts Payable (A: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2024 )	*	Days in Period
=	( (3992.7	+	2945.2)	/	2 )	/	14065.6	*	365
=	3468.95					/	14065.6	*	365
=	90.02

Piramal Enterprises'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
=	( (0	+	2945.2)	/	1 )	/	3562.1	*	365 / 4
=	2945.2					/	3562.1	*	365 / 4
=	75.45

Piramal Enterprises Days Payable Related Terms

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Piramal Enterprises (BOM:500302) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Piramal Enterprises Ltd (BOM:500302) » Definitions » Days Payable

Traded in Other Exchanges

PEL:India

Address

LBS Marg, Kamani Junction, Opposite Fire Brigade, Agastya Corporate Park, Piramal Ananta, Kurla (West), Mumbai, MH, IND, 400 070

Website

https://www.piramal.com

Piramal Enterprises Ltd is a global business conglomerate with an interest in financial services and real estate. The company offers a wide range of financial products and solutions, with exposure across both Retail and Wholesale lending.

Piramal Enterprises (BOM:500302) Headlines

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