Simmonds Marshall (BOM:507998) Days Payable : 129.54 (As of Dec. 2023)

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What is Simmonds Marshall Days Payable?

Simmonds Marshall's average Accounts Payable for the three months ended in Dec. 2023 was ₹362 Mil. Simmonds Marshall's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹255 Mil. Hence, Simmonds Marshall's Days Payable for the three months ended in Dec. 2023 was 129.54.

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

BOM:507998' s Days Payable Range Over the Past 10 Years
Min: 32.59 Med: 84.4 Max: 139.68
Current: 118.08

During the past 13 years, Simmonds Marshall's highest Days Payable was 139.68. The lowest was 32.59. And the median was 84.40.

BOM:507998's Days Payable is ranked better than
68.98% of 2937 companies
in the Industrial Products industry
Industry Median: 76.66 vs BOM:507998: 118.08

Simmonds Marshall's Days Payable declined from Dec. 2022 (156.10) to Dec. 2023 (129.54). It may suggest that Simmonds Marshall accelerated paying its suppliers.

Simmonds Marshall Days Payable Historical Data

The historical data trend for Simmonds Marshall'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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Simmonds Marshall Days Payable Chart

Simmonds Marshall Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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90.96

108.71

139.46

139.68

114.84

Simmonds Marshall 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															156.10	91.31	145.29	123.71	129.54

Competitive Comparison of Simmonds Marshall's Days Payable

For the Tools & Accessories subindustry, Simmonds Marshall'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.

Simmonds Marshall's Days Payable Distribution in the Industrial Products Industry

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

* The bar in red indicates where Simmonds Marshall's Days Payable falls into.

Simmonds Marshall 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.

Simmonds Marshall'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
=	( (319.992	+	392.4)	/	2 )	/	1132.113	*	365
=	356.196					/	1132.113	*	365
=	114.84

Simmonds Marshall'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
=	( (361.569	+	0)	/	1 )	/	254.699	*	365 / 4
=	361.569					/	254.699	*	365 / 4
=	129.54

Simmonds Marshall Days Payable Related Terms

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Simmonds Marshall (BOM:507998) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Simmonds Marshall Ltd (BOM:507998) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

5, Wallace Street, Apeejay Chambers, Fort, Mumbai, MH, IND, 400001

Website

http://www.simmondsmarshall.com

Simmonds Marshall Ltd is a manufacturer of industrial fasteners. It caters to the automotive and industrial sectors and supplies to almost all the major automobile manufacturers in India as original equipment suppliers. The company product range comprises of Cleveloc and all metal self-locking nuts, Dome cap, Slotted and castle, Nylon insert self-locking nuts, Bolts and Studs. It operates in two geographical segments: India and other countries, of which maximum revenue is derived from India.

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