Amba Enterprises (BOM:539196) Days Payable : 16.84 (As of Mar. 2024)

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What is Amba Enterprises Days Payable?

Amba Enterprises's average Accounts Payable for the three months ended in Mar. 2024 was ₹136 Mil. Amba Enterprises's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹739 Mil. Hence, Amba Enterprises's Days Payable for the three months ended in Mar. 2024 was 16.84.

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

BOM:539196' s Days Payable Range Over the Past 10 Years
Min: 5.57 Med: 16.39 Max: 94.57
Current: 42.91

During the past 10 years, Amba Enterprises's highest Days Payable was 94.57. The lowest was 5.57. And the median was 16.39.

BOM:539196's Days Payable is ranked worse than
76.95% of 2924 companies
in the Industrial Products industry
Industry Median: 76.835 vs BOM:539196: 42.91

Amba Enterprises's Days Payable increased from Mar. 2023 (12.60) to Mar. 2024 (16.84). It may suggest that Amba Enterprises delayed paying its suppliers.

Amba Enterprises Days Payable Historical Data

The historical data trend for Amba 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.

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Amba Enterprises Days Payable Chart

Amba Enterprises Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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30.23

5.57

6.08

12.30

15.18

Amba 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															12.60	10.48	108.94	113.64	16.84

Competitive Comparison of Amba Enterprises's Days Payable

For the Metal Fabrication subindustry, Amba 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.

Amba Enterprises's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Amba Enterprises's Days Payable distribution charts can be found below:

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

Amba 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.

Amba 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
=	( (87.827	+	136.448)	/	2 )	/	2695.933	*	365
=	112.1375					/	2695.933	*	365
=	15.18

Amba 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	+	136.448)	/	1 )	/	739.441	*	365 / 4
=	136.448					/	739.441	*	365 / 4
=	16.84

Amba Enterprises Days Payable Related Terms

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Amba Enterprises (BOM:539196) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Amba Enterprises Ltd (BOM:539196) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Western Express Highway, Unit 430, 4th Floor, Blue Rose Industrial Estate, Near Metro Mall, Borivali East, Mumbai, MH, IND, 400066

Website

https://www.ambaltd.com

Amba Enterprises Ltd is an India based company involved in the metal fabrication business. It engaged in the manufacturing and selling of Coil, Transformer Lamination sheets, and related. products. Its products include CRNGO/CRNO Lamination Strips, Transformer Lamination, Generator & Alternator Stampings, Motor and Pumps Stampings, Slit Coil & Full Coil, Die Cast Rotor, and Inserted Shaft with Rotor. Its services include Slitting Line and Cut To Length Line.

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