ABC India (BOM:520123) Days Payable : 55.60 (As of Dec. 2023)

View and export this data going back to 1994. Start your Free Trial

What is ABC India Days Payable?

ABC India's average Accounts Payable for the three months ended in Dec. 2023 was ₹242 Mil. ABC India's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹396 Mil. Hence, ABC India's Days Payable for the three months ended in Dec. 2023 was 55.60.

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

BOM:520123' s Days Payable Range Over the Past 10 Years
Min: 13.37 Med: 23.53 Max: 89.29
Current: 49.06

During the past 13 years, ABC India's highest Days Payable was 89.29. The lowest was 13.37. And the median was 23.53.

BOM:520123's Days Payable is ranked better than
60.52% of 932 companies
in the Transportation industry
Industry Median: 38.395 vs BOM:520123: 49.06

ABC India's Days Payable increased from Dec. 2022 (53.05) to Dec. 2023 (55.60). It may suggest that ABC India delayed paying its suppliers.

ABC India Days Payable Historical Data

The historical data trend for ABC India'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.

ABC India Days Payable Chart

ABC India Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

Get a 7-Day Free Trial

26.87

45.48

83.67

89.29

53.07

ABC India 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															53.05	47.68	48.38	50.81	55.60

Competitive Comparison of ABC India's Days Payable

For the Trucking subindustry, ABC India'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.

ABC India's Days Payable Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, ABC India's Days Payable distribution charts can be found below:

* The bar in red indicates where ABC India's Days Payable falls into.

ABC India 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.

ABC India'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
=	( (215.886	+	177.961)	/	2 )	/	1354.317	*	365
=	196.9235					/	1354.317	*	365
=	53.07

ABC India'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
=	( (241.501	+	0)	/	1 )	/	396.348	*	365 / 4
=	241.501					/	396.348	*	365 / 4
=	55.60

ABC India Days Payable Related Terms

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

ABC India (BOM:520123) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » ABC India Ltd (BOM:520123) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

40/8, Ballygunge Circular Road, Kolkata, WB, IND, 700 019

Website

https://www.abcindia.com

ABC India Ltd provides logistic services in India. It operates in two business segments namely Freight and Services and Petrol Pump. It generates the majority of its revenue from the Freight and Services business segment. It offers domestic road transportation and complex logistics solutions.

ABC India (BOM:520123) Headlines

No Headlines