Bajaj Auto (BOM:532977) Days Payable : 63.04 (As of Mar. 2024)

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What is Bajaj Auto Days Payable?

Bajaj Auto's average Accounts Payable for the three months ended in Mar. 2024 was ₹55,974 Mil. Bajaj Auto's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹81,025 Mil. Hence, Bajaj Auto's Days Payable for the three months ended in Mar. 2024 was 63.04.

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

BOM:532977' s Days Payable Range Over the Past 10 Years
Min: 44.65 Med: 55.99 Max: 70.66
Current: 57.39

During the past 13 years, Bajaj Auto's highest Days Payable was 70.66. The lowest was 44.65. And the median was 55.99.

BOM:532977's Days Payable is ranked worse than
57.31% of 1258 companies
in the Vehicles & Parts industry
Industry Median: 66.48 vs BOM:532977: 57.39

Bajaj Auto's Days Payable increased from Mar. 2023 (60.12) to Mar. 2024 (63.04). It may suggest that Bajaj Auto delayed paying its suppliers.

Bajaj Auto Days Payable Historical Data

The historical data trend for Bajaj Auto'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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Bajaj Auto Days Payable Chart

Bajaj Auto Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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59.35

70.66

59.93

54.23

55.69

Bajaj Auto 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															60.12	50.83	62.86	55.96	63.04

Competitive Comparison of Bajaj Auto's Days Payable

For the Auto Manufacturers subindustry, Bajaj Auto'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.

Bajaj Auto's Days Payable Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Bajaj Auto's Days Payable distribution charts can be found below:

* The bar in red indicates where Bajaj Auto's Days Payable falls into.

Bajaj Auto 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.

Bajaj Auto'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
=	( (41211.8	+	55973.9)	/	2 )	/	318457	*	365
=	48592.85					/	318457	*	365
=	55.69

Bajaj Auto'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	+	55973.9)	/	1 )	/	81025.2	*	365 / 4
=	55973.9					/	81025.2	*	365 / 4
=	63.04

Bajaj Auto Days Payable Related Terms

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Bajaj Auto (BOM:532977) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Bajaj Auto Ltd (BOM:532977) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

BAJAJ-AUTO:India

Address

Mumbai Pune Road, Bajaj Auto Limited Complex, Akurdi, Pune, MH, IND, 411 035

Website

https://www.bajajauto.com

Bajaj Auto Ltd was founded in 1945 as an automotive sales company, Bajaj is today the third largest manufacturer of motorcycles and the largest manufacturer of three-wheelers in the world. The company is engaged in the business of development, manufacturing, and distribution of automobiles such as motorcycles, commercial vehicles, electric two-wheelers, and parts. It has two business segments Automotive business and Investments. The company derives the majority of revenue from the Automotive segment.

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