Duncan Engineering (BOM:504908) Days Payable : 58.51 (As of Mar. 2024)

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What is Duncan Engineering Days Payable?

Duncan Engineering's average Accounts Payable for the three months ended in Mar. 2024 was ₹60.9 Mil. Duncan Engineering's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹95.0 Mil. Hence, Duncan Engineering's Days Payable for the three months ended in Mar. 2024 was 58.51.

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

BOM:504908' s Days Payable Range Over the Past 10 Years
Min: 67 Med: 77.08 Max: 175.77
Current: 91.66

During the past 13 years, Duncan Engineering's highest Days Payable was 175.77. The lowest was 67.00. And the median was 77.08.

BOM:504908's Days Payable is ranked better than
58.79% of 2936 companies
in the Industrial Products industry
Industry Median: 76.765 vs BOM:504908: 91.66

Duncan Engineering's Days Payable declined from Dec. 2022 (60.19) to Mar. 2024 (58.51). It may suggest that Duncan Engineering accelerated paying its suppliers.

Duncan Engineering Days Payable Historical Data

The historical data trend for Duncan Engineering'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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Duncan Engineering Days Payable Chart

Duncan Engineering Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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70.76

80.25

73.90

67.00

73.76

Duncan Engineering Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															60.19	65.24	72.33	68.79	58.51

Competitive Comparison of Duncan Engineering's Days Payable

For the Specialty Industrial Machinery subindustry, Duncan Engineering'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.

Duncan Engineering's Days Payable Distribution in the Industrial Products Industry

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

* The bar in red indicates where Duncan Engineering's Days Payable falls into.

Duncan Engineering 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.

Duncan Engineering'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
=	( (73.168	+	60.914)	/	2 )	/	331.764	*	365
=	67.041					/	331.764	*	365
=	73.76

Duncan Engineering'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	+	60.914)	/	1 )	/	95.005	*	365 / 4
=	60.914					/	95.005	*	365 / 4
=	58.51

Duncan Engineering Days Payable Related Terms

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Duncan Engineering (BOM:504908) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Duncan Engineering Ltd (BOM:504908) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

F-33, MIDC, Ranjangaon, Koregoan, Shirur, Pune, MH, IND, 412 220

Website

https://www.duncanengg.com

Duncan Engineering Ltd is engaged in the manufacturing and assembling of fluid power and automation products. Its business segment is Fluid power automation, Automotive Tyres Valves and Accessories. The products offered by the group are Hydraulic cylinders, Pneumatic valves. Air cylinders, Rotary Actuator, Limit switch box, Control panels and others. The company has a business presence in India and Outside India. The majority of the revenue is generated from India.

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