GTL Infrastructure (NSE:GTLINFRA) Days Payable : 13.06 (As of Mar. 2024)

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What is GTL Infrastructure Days Payable?

GTL Infrastructure's average Accounts Payable for the three months ended in Mar. 2024 was ₹321 Mil. GTL Infrastructure's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹2,240 Mil. Hence, GTL Infrastructure's Days Payable for the three months ended in Mar. 2024 was 13.06.

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

NSE:GTLINFRA' s Days Payable Range Over the Past 10 Years
Min: 6.69 Med: 15.17 Max: 65.52
Current: 25.65

During the past 13 years, GTL Infrastructure's highest Days Payable was 65.52. The lowest was 6.69. And the median was 15.17.

NSE:GTLINFRA's Days Payable is ranked worse than
91.24% of 2419 companies
in the Hardware industry
Industry Median: 67.95 vs NSE:GTLINFRA: 25.65

GTL Infrastructure's Days Payable declined from Mar. 2023 (19.80) to Mar. 2024 (13.06). It may suggest that GTL Infrastructure accelerated paying its suppliers.

GTL Infrastructure Days Payable Historical Data

The historical data trend for GTL Infrastructure'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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GTL Infrastructure Days Payable Chart

GTL Infrastructure Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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7.66

7.61

10.32

16.35

17.32

GTL Infrastructure 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															19.80	20.95	43.56	44.46	13.06

Competitive Comparison of GTL Infrastructure's Days Payable

For the Communication Equipment subindustry, GTL Infrastructure'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.

GTL Infrastructure's Days Payable Distribution in the Hardware Industry

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

* The bar in red indicates where GTL Infrastructure's Days Payable falls into.

GTL Infrastructure 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.

GTL Infrastructure'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
=	( (433.9	+	320.7)	/	2 )	/	7951.8	*	365
=	377.3					/	7951.8	*	365
=	17.32

GTL Infrastructure'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	+	320.7)	/	1 )	/	2239.9	*	365 / 4
=	320.7					/	2239.9	*	365 / 4
=	13.06

GTL Infrastructure Days Payable Related Terms

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GTL Infrastructure (NSE:GTLINFRA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » GTL Infrastructure Ltd (NSE:GTLINFRA) » Definitions » Days Payable

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532775:India

Address

29 Walchand Hirachand Marg, 412, Janmabhoomi Chambers, Ballard Estate, Mumbai, MH, IND, 400 001

Website

https://www.gtlinfra.com

GTL Infrastructure Ltd is a telecom tower company operational in India. It provides passive infrastructure on a shared basis to telecom operators. The firm's business model is based on building, owning, operating and maintaining the passive telecom infrastructure sites capable of hosting multiple service providers. It also associates with projects being promoted by the department of telecommunications and cellular operators association of India.

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