DHP India (BOM:531306) Days Payable : 16.88 (As of Mar. 2024)

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What is DHP India Days Payable?

DHP India's average Accounts Payable for the three months ended in Mar. 2024 was ₹15.5 Mil. DHP India's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹83.6 Mil. Hence, DHP India's Days Payable for the three months ended in Mar. 2024 was 16.88.

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

BOM:531306' s Days Payable Range Over the Past 10 Years
Min: 14.95 Med: 19.53 Max: 33.43
Current: 15.98

During the past 13 years, DHP India's highest Days Payable was 33.43. The lowest was 14.95. And the median was 19.53.

BOM:531306's Days Payable is ranked worse than
98.6% of 2937 companies
in the Industrial Products industry
Industry Median: 76.66 vs BOM:531306: 15.98

DHP India's Days Payable increased from Mar. 2023 (14.61) to Mar. 2024 (16.88). It may suggest that DHP India delayed paying its suppliers.

DHP India Days Payable Historical Data

The historical data trend for DHP India'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.

* Premium members only.

DHP India Days Payable Chart

DHP India Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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33.43

31.60

17.63

14.95

18.84

DHP India 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															14.61	12.62	12.92	15.84	16.88

Competitive Comparison of DHP India's Days Payable

For the Tools & Accessories subindustry, DHP India'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.

DHP India's Days Payable Distribution in the Industrial Products Industry

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

* The bar in red indicates where DHP India's Days Payable falls into.

DHP India 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.

DHP India'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
=	( (11.719	+	15.461)	/	2 )	/	263.246	*	365
=	13.59					/	263.246	*	365
=	18.84

DHP India'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	+	15.461)	/	1 )	/	83.581	*	365 / 4
=	15.461					/	83.581	*	365 / 4
=	16.88

DHP India Days Payable Related Terms

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DHP India (BOM:531306) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » DHP India Ltd (BOM:531306) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

7B, Shreelekha, 7th Floor, 42A, Park Street, Kolkata, WB, IND, 700 016

Website

https://www.dilindia.co.in

DHP India Ltd is an India-based company, which is engaged in the manufacturing of engineering goods, such as liquefied petroleum gas (LPG) regulators, accessories, and related brass items. The company's products include Propane Regulators, Butane Regulators, LPG Regulators, Hose Assemblies, and Brass Fittings. It sells its products in the domestic, as well as export markets.

DHP India (BOM:531306) Headlines

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