Lokesh Machines (BOM:532740) Days Payable : 52.04 (As of Dec. 2023)

View and export this data going back to 2006. Start your Free Trial

What is Lokesh Machines Days Payable?

Lokesh Machines's average Accounts Payable for the three months ended in Dec. 2023 was ₹337 Mil. Lokesh Machines's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹592 Mil. Hence, Lokesh Machines's Days Payable for the three months ended in Dec. 2023 was 52.04.

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

BOM:532740' s Days Payable Range Over the Past 10 Years
Min: 66.39 Med: 133.54 Max: 211.06
Current: 66.39

During the past 13 years, Lokesh Machines's highest Days Payable was 211.06. The lowest was 66.39. And the median was 133.54.

BOM:532740's Days Payable is ranked worse than
57.73% of 2936 companies
in the Industrial Products industry
Industry Median: 76.415 vs BOM:532740: 66.39

Lokesh Machines's Days Payable declined from Dec. 2022 (63.30) to Dec. 2023 (52.04). It may suggest that Lokesh Machines accelerated paying its suppliers.

Lokesh Machines Days Payable Historical Data

The historical data trend for Lokesh Machines'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.

Lokesh Machines Days Payable Chart

Lokesh Machines Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

Get a 7-Day Free Trial

102.67

160.14

112.31

80.52

70.36

Lokesh Machines 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															63.30	93.60	82.46	57.83	52.04

Competitive Comparison of Lokesh Machines's Days Payable

For the Specialty Industrial Machinery subindustry, Lokesh Machines'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.

Lokesh Machines's Days Payable Distribution in the Industrial Products Industry

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

* The bar in red indicates where Lokesh Machines's Days Payable falls into.

Lokesh Machines 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.

Lokesh Machines'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
=	( (278.074	+	295.778)	/	2 )	/	1488.539	*	365
=	286.926					/	1488.539	*	365
=	70.36

Lokesh Machines'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
=	( (337.495	+	0)	/	1 )	/	591.748	*	365 / 4
=	337.495					/	591.748	*	365 / 4
=	52.04

Lokesh Machines Days Payable Related Terms

Thank you for viewing the detailed overview of Lokesh Machines's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Lokesh Machines (BOM:532740) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Lokesh Machines Ltd (BOM:532740) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

LOKESHMACH:India

Address

B-29, EEIE, Stage-II, Balanagar, Hyderabad, TG, IND, 500037

Website

https://www.lokeshmachines.com

Lokesh Machines Ltd is engaged in the manufacturing of machine tools and components. The company manufactures machines tools such as CNC Machines, Special purpose machines, Jigs & Fixtures, Auto Components, Precision Engineering Components, and Sub-Assemblies. It operates through two segments: Machine division and Components division. The Machine division generates maximum revenue for the company.

Lokesh Machines (BOM:532740) Headlines

No Headlines