Kirloskar Electric Co (BOM:533193) Days Payable : 137.45 (As of Mar. 2024)

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What is Kirloskar Electric Co Days Payable?

Kirloskar Electric Co's average Accounts Payable for the three months ended in Mar. 2024 was ₹1,868 Mil. Kirloskar Electric Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹1,240 Mil. Hence, Kirloskar Electric Co's Days Payable for the three months ended in Mar. 2024 was 137.45.

The historical rank and industry rank for Kirloskar Electric Co's Days Payable or its related term are showing as below:

BOM:533193' s Days Payable Range Over the Past 10 Years
Min: 160.39 Med: 214.07 Max: 239.87
Current: 160.39

During the past 13 years, Kirloskar Electric Co's highest Days Payable was 239.87. The lowest was 160.39. And the median was 214.07.

BOM:533193's Days Payable is ranked better than
79.5% of 2936 companies
in the Industrial Products industry
Industry Median: 76.705 vs BOM:533193: 160.39

Kirloskar Electric Co's Days Payable declined from Mar. 2023 (154.06) to Mar. 2024 (137.45). It may suggest that Kirloskar Electric Co accelerated paying its suppliers.

Kirloskar Electric Co Days Payable Historical Data

The historical data trend for Kirloskar Electric Co'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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Kirloskar Electric Co Days Payable Chart

Kirloskar Electric Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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211.76

239.87

216.38

181.06

163.24

Kirloskar Electric Co 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															154.06	182.56	151.72	175.86	137.45

Competitive Comparison of Kirloskar Electric Co's Days Payable

For the Specialty Industrial Machinery subindustry, Kirloskar Electric Co'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.

Kirloskar Electric Co's Days Payable Distribution in the Industrial Products Industry

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

* The bar in red indicates where Kirloskar Electric Co's Days Payable falls into.

Kirloskar Electric Co 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.

Kirloskar Electric Co'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
=	( (1640.512	+	1867.7)	/	2 )	/	3922.1	*	365
=	1754.106					/	3922.1	*	365
=	163.24

Kirloskar Electric Co'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	+	1867.7)	/	1 )	/	1239.9	*	365 / 4
=	1867.7					/	1239.9	*	365 / 4
=	137.45

Kirloskar Electric Co Days Payable Related Terms

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Kirloskar Electric Co (BOM:533193) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Kirloskar Electric Co Ltd (BOM:533193) » Definitions » Days Payable

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KECL:India

Address

No. 19, 2nd Main Road, Peenya 1st Stage, Phase-1, Peenya, Bangalore, KA, IND, 560058

Website

https://www.kirloskarelectric.com

Kirloskar Electric Co Ltd is an electrical engineering company. The company is engaged in the manufacture of electrical equipment like Motors, Alternators and generators, Switchgear, transformers, DG sets, and others in India and internationally. The company has different product groups like transformer and distribution groups, large machine groups, low voltage machine groups, and power generation groups. The company caters to economic sectors like power generation, transmission and distribution, transportation, renewable energy, and others. The operating segments are Power generation and distribution, Rotating machine group, and Others. The company generates maximum revenue from Power Generation and Distribution Group.

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