Salzer Electronics (BOM:517059) Days Payable : 38.94 (As of Mar. 2024)

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What is Salzer Electronics Days Payable?

Salzer Electronics's average Accounts Payable for the three months ended in Mar. 2024 was ₹1,037 Mil. Salzer Electronics's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹2,431 Mil. Hence, Salzer Electronics's Days Payable for the three months ended in Mar. 2024 was 38.94.

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

BOM:517059' s Days Payable Range Over the Past 10 Years
Min: 36.34 Med: 41.38 Max: 46.45
Current: 42.02

During the past 13 years, Salzer Electronics's highest Days Payable was 46.45. The lowest was 36.34. And the median was 41.38.

BOM:517059's Days Payable is ranked worse than
77.81% of 2938 companies
in the Industrial Products industry
Industry Median: 76.8 vs BOM:517059: 42.02

Salzer Electronics's Days Payable declined from Mar. 2023 (42.52) to Mar. 2024 (38.94). It may suggest that Salzer Electronics accelerated paying its suppliers.

Salzer Electronics Days Payable Historical Data

The historical data trend for Salzer Electronics'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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Salzer Electronics Days Payable Chart

Salzer Electronics Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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45.71

44.16

40.09

42.56

44.69

Salzer Electronics 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															42.52	45.33	37.72	40.75	38.94

Competitive Comparison of Salzer Electronics's Days Payable

For the Electrical Equipment & Parts subindustry, Salzer Electronics'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.

Salzer Electronics's Days Payable Distribution in the Industrial Products Industry

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

* The bar in red indicates where Salzer Electronics's Days Payable falls into.

Salzer Electronics 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.

Salzer Electronics'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
=	( (1120.126	+	1037.194)	/	2 )	/	8809.953	*	365
=	1078.66					/	8809.953	*	365
=	44.69

Salzer Electronics'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	+	1037.194)	/	1 )	/	2430.63	*	365 / 4
=	1037.194					/	2430.63	*	365 / 4
=	38.94

Salzer Electronics Days Payable Related Terms

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Salzer Electronics (BOM:517059) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Salzer Electronics Ltd (BOM:517059) » Definitions » Days Payable

Traded in Other Exchanges

SALZERELEC:India

Address

Samichettipalayam, Jothipuram, Coimbatore, TN, IND, 641047

Website

https://www.salzergroup.net

Salzer Electronics Ltd is engaged in manufacturing cam-operated rotary switches, selector switches, wiring ducts, voltmeter switches, and allied products. Salzer Electronics has four business divisions that are industrial switchgears, copper business, building products, and energy savers. The wires and cables segment generates maximum revenue for the company.

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