Hercules Hoists (BOM:505720) Days Payable : 76.72 (As of Dec. 2023)

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What is Hercules Hoists Days Payable?

Hercules Hoists's average Accounts Payable for the three months ended in Dec. 2023 was ₹181 Mil. Hercules Hoists's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹215 Mil. Hence, Hercules Hoists's Days Payable for the three months ended in Dec. 2023 was 76.72.

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

BOM:505720' s Days Payable Range Over the Past 10 Years
Min: 60.97 Med: 81.8 Max: 169.13
Current: 60.97

During the past 13 years, Hercules Hoists's highest Days Payable was 169.13. The lowest was 60.97. And the median was 81.80.

BOM:505720's Days Payable is ranked worse than
61.44% of 2936 companies
in the Industrial Products industry
Industry Median: 76.705 vs BOM:505720: 60.97

Hercules Hoists's Days Payable declined from Dec. 2022 (80.35) to Dec. 2023 (76.72). It may suggest that Hercules Hoists accelerated paying its suppliers.

Hercules Hoists Days Payable Historical Data

The historical data trend for Hercules Hoists'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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Hercules Hoists Days Payable Chart

Hercules Hoists Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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69.33

84.92

78.68

68.47

63.13

Hercules Hoists 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															80.35	44.22	70.16	71.67	76.72

Competitive Comparison of Hercules Hoists's Days Payable

For the Specialty Industrial Machinery subindustry, Hercules Hoists'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.

Hercules Hoists's Days Payable Distribution in the Industrial Products Industry

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

* The bar in red indicates where Hercules Hoists's Days Payable falls into.

Hercules Hoists 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.

Hercules Hoists'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
=	( (147.519	+	179.884)	/	2 )	/	946.475	*	365
=	163.7015					/	946.475	*	365
=	63.13

Hercules Hoists'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
=	( (180.635	+	0)	/	1 )	/	214.847	*	365 / 4
=	180.635					/	214.847	*	365 / 4
=	76.72

Hercules Hoists Days Payable Related Terms

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Hercules Hoists (BOM:505720) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Hercules Hoists Ltd (BOM:505720) » Definitions » Days Payable

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HERCULES:India

Address

Sector 15, Plot No. 87, 501 to 504, Shelton Cubix, CBD Belapur, Navi Mumbai, Mumbai, MH, IND, 400614

Website

https://www.indef.com

Hercules Hoists Ltd is an Indian company engaged in the business of lifting and handling equipment. The company operates through two segments which include Material handling equipment and Windmill power. Its product consists of Mechanical hoists, Electric chain hoists, Wire rope hoists, Trollies, cranes, Manipulators, Light profile systems, Conductors, automated storage and retrieval systems, Floor operated stacker cranes, Roll out racks and Special solutions. It generates the highest revenue from the Material handling equipment segment.

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