Delta Manufacturing (BOM:504286) Days Payable : 132.68 (As of Dec. 2023)

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What is Delta Manufacturing Days Payable?

Delta Manufacturing's average Accounts Payable for the three months ended in Dec. 2023 was ₹133.6 Mil. Delta Manufacturing's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹91.9 Mil. Hence, Delta Manufacturing's Days Payable for the three months ended in Dec. 2023 was 132.68.

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

BOM:504286' s Days Payable Range Over the Past 10 Years
Min: 66.84 Med: 112.88 Max: 215.35
Current: 124.43

During the past 13 years, Delta Manufacturing's highest Days Payable was 215.35. The lowest was 66.84. And the median was 112.88.

BOM:504286's Days Payable is ranked better than
70.95% of 2936 companies
in the Industrial Products industry
Industry Median: 76.765 vs BOM:504286: 124.43

Delta Manufacturing's Days Payable increased from Dec. 2022 (90.97) to Dec. 2023 (132.68). It may suggest that Delta Manufacturing delayed paying its suppliers.

Delta Manufacturing Days Payable Historical Data

The historical data trend for Delta Manufacturing'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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Delta Manufacturing Days Payable Chart

Delta Manufacturing Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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97.87

93.75

215.35

143.54

143.24

Delta Manufacturing Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															90.97	152.81	125.25	135.64	132.68

Competitive Comparison of Delta Manufacturing's Days Payable

For the Specialty Industrial Machinery subindustry, Delta Manufacturing'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.

Delta Manufacturing's Days Payable Distribution in the Industrial Products Industry

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

* The bar in red indicates where Delta Manufacturing's Days Payable falls into.

Delta Manufacturing 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.

Delta Manufacturing's Days Payable for the fiscal year that ended in Mar. 2023 is calculated as

	Days Payable (A: Mar. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2022 )	+	Accounts Payable (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (141.906	+	133.875)	/	2 )	/	351.373	*	365
=	137.8905					/	351.373	*	365
=	143.24

Delta Manufacturing's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (133.587	+	0)	/	1 )	/	91.871	*	365 / 4
=	133.587					/	91.871	*	365 / 4
=	132.68

Delta Manufacturing Days Payable Related Terms

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Delta Manufacturing (BOM:504286) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Delta Manufacturing Ltd (BOM:504286) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

DELTAMAGNT:India

Address

Tardeo Road, Bayside Mall, 2nd Floor, Opposite Sobo Central Mall, Haji Ali, Mumbai, MH, IND, 400 034

Website

https://www.deltamagnetsgroup.com

Delta Manufacturing Ltd is a manufacturer of hard ferrite magnets. The company along with its subsidiaries manufactures ceramic magnets used in the automotive sector; soft ferrites that serve the electronics and automotive sector and also has a distribution house that deals in various kinds of magnets and magnet materials that are useful for various industries including electronics, retail, non-conventional energy, aerospace and automotive. Its operating segment includes Hard ferrites; Soft ferrites; Textiles and MagDev. The majority of the revenue is derived from the Textiles segment.

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