MKP Mobility (BOM:521244) Days Payable : 18.59 (As of Dec. 2023)

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What is MKP Mobility Days Payable?

MKP Mobility's average Accounts Payable for the three months ended in Dec. 2023 was ₹12.3 Mil. MKP Mobility's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹60.6 Mil. Hence, MKP Mobility's Days Payable for the three months ended in Dec. 2023 was 18.59.

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

BOM:521244' s Days Payable Range Over the Past 10 Years
Min: 13.57 Med: 140.38 Max: 542.57
Current: 13.57

During the past 13 years, MKP Mobility's highest Days Payable was 542.57. The lowest was 13.57. And the median was 140.38.

BOM:521244's Days Payable is ranked worse than
94.91% of 1258 companies
in the Vehicles & Parts industry
Industry Median: 65.895 vs BOM:521244: 13.57

MKP Mobility's Days Payable declined from Dec. 2022 (57.03) to Dec. 2023 (18.59). It may suggest that MKP Mobility accelerated paying its suppliers.

MKP Mobility Days Payable Historical Data

The historical data trend for MKP Mobility'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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MKP Mobility Days Payable Chart

MKP Mobility Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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542.57

MKP Mobility 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															57.03	282.10	15.29	18.41	18.59

Competitive Comparison of MKP Mobility's Days Payable

For the Auto Parts subindustry, MKP Mobility'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.

MKP Mobility's Days Payable Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, MKP Mobility's Days Payable distribution charts can be found below:

* The bar in red indicates where MKP Mobility's Days Payable falls into.

MKP Mobility 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.

MKP Mobility'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
=	( (0.085	+	3.988)	/	2 )	/	1.37	*	365
=	2.0365					/	1.37	*	365
=	542.57

MKP Mobility'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
=	( (12.335	+	0)	/	1 )	/	60.562	*	365 / 4
=	12.335					/	60.562	*	365 / 4
=	18.59

MKP Mobility Days Payable Related Terms

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MKP Mobility (BOM:521244) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » MKP Mobility Ltd (BOM:521244) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

P.B. No. 9, Bangalore Roadchallekere, Siddapura Village, Challekere, Chitradurga, KA, IND, 577522

Website

https://www.chitraspinltd.com

MKP Mobility Ltd is involved into the business of distribution and exports- automotive parts, industrial products, mechanical and electronic components, auto care products. lubricants, tyres, batteries, refurbished parts The Company primarily operates in the Distribution of Automobile spare parts and lubricants which is also its single reportable segment. Its business activities include: purchase and sales- 2wheelers, 3 wheelers and cars and commercial vehicles; provide services relating to warehousing and logistics; manufacturing, producing and assembling packaging and operate workshops for repairing, servicing all types of automotive vehicles, industrial equipment, construction equipment.

MKP Mobility (BOM:521244) Headlines

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