Eureka Forbes (BOM:543482) Days Payable : 78.37 (As of Mar. 2024)

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What is Eureka Forbes Days Payable?

Eureka Forbes's average Accounts Payable for the three months ended in Mar. 2024 was ₹1,936 Mil. Eureka Forbes's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹2,255 Mil. Hence, Eureka Forbes's Days Payable for the three months ended in Mar. 2024 was 78.37.

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

BOM:543482' s Days Payable Range Over the Past 10 Years
Min: 79.3 Med: 170.15 Max: 269.73
Current: 79.3

During the past 6 years, Eureka Forbes's highest Days Payable was 269.73. The lowest was 79.30. And the median was 170.15.

BOM:543482's Days Payable is ranked better than
58.83% of 2424 companies
in the Hardware industry
Industry Median: 68.11 vs BOM:543482: 79.30

Eureka Forbes's Days Payable declined from Mar. 2023 (95.04) to Mar. 2024 (78.37). It may suggest that Eureka Forbes accelerated paying its suppliers.

Eureka Forbes Days Payable Historical Data

The historical data trend for Eureka Forbes'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.

Eureka Forbes Days Payable Chart

Eureka Forbes Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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197.54

269.73

255.04

94.10

82.63

Eureka Forbes Quarterly Data
	Mar19	Mar20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial										95.04	98.35	64.67	73.33	78.37

Competitive Comparison of Eureka Forbes's Days Payable

For the Consumer Electronics subindustry, Eureka Forbes'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.

Eureka Forbes's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Eureka Forbes's Days Payable distribution charts can be found below:

* The bar in red indicates where Eureka Forbes's Days Payable falls into.

Eureka Forbes 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.

Eureka Forbes'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
=	( (2086.557	+	1936.426)	/	2 )	/	8885.593	*	365
=	2011.4915					/	8885.593	*	365
=	82.63

Eureka Forbes'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	+	1936.426)	/	1 )	/	2254.544	*	365 / 4
=	1936.426					/	2254.544	*	365 / 4
=	78.37

Eureka Forbes Days Payable Related Terms

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Eureka Forbes (BOM:543482) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Eureka Forbes Ltd (BOM:543482) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

Marathon Innova, B1/B2, 701, 7th Floor, Off Ganpatrao Kadam Marg, Lower Parel, Mumbai, MH, IND, 400 013

Website

https://www.eurekaforbes.com

Eureka Forbes Ltd is a manufacturer of home appliances. the company has 4 business segments; Water; It offers electric, nonelectric and on-the-go water purifiers. Cleaning; vacuum cleaners, and cleaning solutions. Air; air purifiers and Services; offering after-sales services.

Eureka Forbes (BOM:543482) Headlines

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