Virtuoso OptoElectronics (BOM:543597) Days Payable : 68.53 (As of Mar. 2024)

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What is Virtuoso OptoElectronics Days Payable?

Virtuoso OptoElectronics's average Accounts Payable for the six months ended in Mar. 2024 was ₹943 Mil. Virtuoso OptoElectronics's Cost of Goods Sold for the six months ended in Mar. 2024 was ₹2,512 Mil. Hence, Virtuoso OptoElectronics's Days Payable for the six months ended in Mar. 2024 was 68.53.

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

BOM:543597' s Days Payable Range Over the Past 10 Years
Min: 30.17 Med: 42.72 Max: 73.85
Current: 73.27

During the past 5 years, Virtuoso OptoElectronics's highest Days Payable was 73.85. The lowest was 30.17. And the median was 42.72.

BOM:543597's Days Payable is ranked better than
54.4% of 2419 companies
in the Hardware industry
Industry Median: 67.95 vs BOM:543597: 73.27

Virtuoso OptoElectronics's Days Payable increased from Mar. 2023 (53.43) to Mar. 2024 (68.53). It may suggest that Virtuoso OptoElectronics delayed paying its suppliers.

Virtuoso OptoElectronics Days Payable Historical Data

The historical data trend for Virtuoso OptoElectronics'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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Virtuoso OptoElectronics Days Payable Chart

Virtuoso OptoElectronics Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

39.63

30.17

42.72

72.99

73.85

Virtuoso OptoElectronics Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23	Mar24
Days Payable	Get a 7-Day Free Trial			-	59.22	53.43	78.40	68.53

Competitive Comparison of Virtuoso OptoElectronics's Days Payable

For the Consumer Electronics subindustry, Virtuoso OptoElectronics'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.

Virtuoso OptoElectronics's Days Payable Distribution in the Hardware Industry

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

* The bar in red indicates where Virtuoso OptoElectronics's Days Payable falls into.

Virtuoso OptoElectronics 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.

Virtuoso OptoElectronics'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
=	( (869.096	+	982.632)	/	2 )	/	4576.337	*	365
=	925.864					/	4576.337	*	365
=	73.85

Virtuoso OptoElectronics'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: Sep. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (904.223	+	982.632)	/	2 )	/	2512.287	*	365 / 2
=	943.4275					/	2512.287	*	365 / 2
=	68.53

Virtuoso OptoElectronics Days Payable Related Terms

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Virtuoso OptoElectronics (BOM:543597) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Virtuoso OptoElectronics Ltd (BOM:543597) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

Plot No. 7 M.I.D.C, Satpur, Nasik, MH, IND, 422007

Website

https://www.voepl.com

Virtuoso OptoElectronics Ltd is engaged in the manufacturing of consumer durable goods, assembles a wide array of products and provide end-to-end product solutions. The company's product portfolio of consumer goods includes Split Air Conditioners; Water Heaters; LED Lighting products; and other miscellaneous products such as injection moulding components for air conditioners.

Virtuoso OptoElectronics (BOM:543597) Headlines

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