Aditya Ispat (BOM:513513) Days Payable : 101.93 (As of Dec. 2023)

View and export this data going back to 2001. Start your Free Trial

What is Aditya Ispat Days Payable?

Aditya Ispat's average Accounts Payable for the three months ended in Dec. 2023 was ₹114.7 Mil. Aditya Ispat's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹102.7 Mil. Hence, Aditya Ispat's Days Payable for the three months ended in Dec. 2023 was 101.93.

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

BOM:513513' s Days Payable Range Over the Past 10 Years
Min: 1.11 Med: 25.38 Max: 42.07
Current: 39.75

During the past 13 years, Aditya Ispat's highest Days Payable was 42.07. The lowest was 1.11. And the median was 25.38.

BOM:513513's Days Payable is ranked worse than
51.63% of 583 companies
in the Steel industry
Industry Median: 41.52 vs BOM:513513: 39.75

Aditya Ispat's Days Payable increased from Dec. 2022 (18.64) to Dec. 2023 (101.93). It may suggest that Aditya Ispat delayed paying its suppliers.

Aditya Ispat Days Payable Historical Data

The historical data trend for Aditya Ispat'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.

Aditya Ispat Days Payable Chart

Aditya Ispat Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

Get a 7-Day Free Trial

23.10

35.18

18.45

28.04

27.66

Aditya Ispat 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															18.64	21.08	26.95	64.32	101.93

Competitive Comparison of Aditya Ispat's Days Payable

For the Steel subindustry, Aditya Ispat'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.

Aditya Ispat's Days Payable Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Aditya Ispat's Days Payable distribution charts can be found below:

* The bar in red indicates where Aditya Ispat's Days Payable falls into.

Aditya Ispat 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.

Aditya Ispat's Days Payable for the fiscal year that ended in Mar. 2023 is calculated as

	Days Payable (A: Mar. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2022 )	+	Accounts Payable (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (37.48	+	34.749)	/	2 )	/	476.601	*	365
=	36.1145					/	476.601	*	365
=	27.66

Aditya Ispat'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
=	( (114.738	+	0)	/	1 )	/	102.718	*	365 / 4
=	114.738					/	102.718	*	365 / 4
=	101.93

Aditya Ispat Days Payable Related Terms

Thank you for viewing the detailed overview of Aditya Ispat's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Aditya Ispat (BOM:513513) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Aditya Ispat Ltd (BOM:513513) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Plot No. 20, Phase V, IDA, Jeedimetla, Hyderabad, AP, IND, 500055

Website

https://www.adityaispat.com

Aditya Ispat Ltd is a company that operates in the steel business. It is primarily involved in the manufacturing of bright steel bars of mild steel, carbon steel, alloy steel, and wires. The bright steel bar is the basic raw material for bolts, nuts, shafts, fasteners, tools, and manual irrigation equipment and is also widely used by automobile, fabrication, engineering, fan, chemical, food, marine, dairy, pharmaceuticals, and aerospace industries. In addition, it is also involved in the manufacturing of HB wire and Annealed wire including Binding wire. Geographically, operates through India and it derives revenue through the sale of the mentioned products.

Aditya Ispat (BOM:513513) Headlines

No Headlines