Reliance Communications (BOM:532712) Days Payable : 7,542.64 (As of Dec. 2023)

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What is Reliance Communications Days Payable?

Reliance Communications's average Accounts Payable for the three months ended in Dec. 2023 was ₹36,370 Mil. Reliance Communications's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹440 Mil. Hence, Reliance Communications's Days Payable for the three months ended in Dec. 2023 was 7,542.64.

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

BOM:532712' s Days Payable Range Over the Past 10 Years
Min: 101.72 Med: 674.89 Max: 7668.36
Current: 7668.36

During the past 13 years, Reliance Communications's highest Days Payable was 7668.36. The lowest was 101.72. And the median was 674.89.

BOM:532712's Days Payable is ranked better than
99.42% of 345 companies
in the Telecommunication Services industry
Industry Median: 101.41 vs BOM:532712: 7668.36

Reliance Communications's Days Payable declined from Dec. 2022 (8,258.13) to Dec. 2023 (7,542.64). It may suggest that Reliance Communications accelerated paying its suppliers.

Reliance Communications Days Payable Historical Data

The historical data trend for Reliance Communications'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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Reliance Communications Days Payable Chart

Reliance Communications Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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728.03

1,295.72

2,691.71

4,087.30

6,244.74

Reliance Communications 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															8,258.13	7,157.17	7,316.22	7,214.70	7,542.64

Competitive Comparison of Reliance Communications's Days Payable

For the Telecom Services subindustry, Reliance Communications'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.

Reliance Communications's Days Payable Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Reliance Communications's Days Payable distribution charts can be found below:

* The bar in red indicates where Reliance Communications's Days Payable falls into.

Reliance Communications 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.

Reliance Communications'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
=	( (40910	+	36080)	/	2 )	/	2250	*	365
=	38495					/	2250	*	365
=	6,244.74

Reliance Communications'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
=	( (36370	+	0)	/	1 )	/	440	*	365 / 4
=	36370					/	440	*	365 / 4
=	7,542.64

Reliance Communications Days Payable Related Terms

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Reliance Communications (BOM:532712) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Reliance Communications Ltd (BOM:532712) » Definitions » Days Payable

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RCOM:India

Address

H Block, 1st Floor, Thane Belapur Road, Dhirubhai Ambani Knowledge City, Koparkhairane, Navi Mumbai, MH, IND, 400 710

Website

https://www.rcom.co.in

Reliance Communications Ltd is a triple-play telecommunications company that provides mobile, voice, and broadband services in two segments: India Operations and global Operations. The India Operations segment accounts for the majority of overall company revenue and includes wireless, mobile, and satellite TV services to Indian retail customers as well as voice, broadband access services to enterprises. The global Operations segment offers international data and network services, enterprise services, and data services to global customers. These services are offered over the group's owned submarine cable infrastructure and Indian fiber network. Additionally, Reliance Communications owns mobile phone tower infrastructure.

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