NRB Industrial Bearings (BOM:535458) Days Payable : 278.48 (As of Mar. 2024)

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What is NRB Industrial Bearings Days Payable?

NRB Industrial Bearings's average Accounts Payable for the three months ended in Mar. 2024 was ₹278.2 Mil. NRB Industrial Bearings's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹91.1 Mil. Hence, NRB Industrial Bearings's Days Payable for the three months ended in Mar. 2024 was 278.48.

The historical rank and industry rank for NRB Industrial Bearings's Days Payable or its related term are showing as below:

BOM:535458' s Days Payable Range Over the Past 10 Years
Min: 210.7 Med: 267.63 Max: 374.17
Current: 283.47

During the past 11 years, NRB Industrial Bearings's highest Days Payable was 374.17. The lowest was 210.70. And the median was 267.63.

BOM:535458's Days Payable is ranked better than
94.35% of 2937 companies
in the Industrial Products industry
Industry Median: 76.66 vs BOM:535458: 283.47

NRB Industrial Bearings's Days Payable increased from Mar. 2023 (216.51) to Mar. 2024 (278.48). It may suggest that NRB Industrial Bearings delayed paying its suppliers.

NRB Industrial Bearings Days Payable Historical Data

The historical data trend for NRB Industrial Bearings'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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NRB Industrial Bearings Days Payable Chart

NRB Industrial Bearings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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374.17

253.82

215.80

210.70

281.43

NRB Industrial Bearings 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															216.51	262.34	284.24	315.43	278.48

Competitive Comparison of NRB Industrial Bearings's Days Payable

For the Tools & Accessories subindustry, NRB Industrial Bearings'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.

NRB Industrial Bearings's Days Payable Distribution in the Industrial Products Industry

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

* The bar in red indicates where NRB Industrial Bearings's Days Payable falls into.

NRB Industrial Bearings 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.

NRB Industrial Bearings'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
=	( (223.976	+	278.162)	/	2 )	/	325.62	*	365
=	251.069					/	325.62	*	365
=	281.43

NRB Industrial Bearings'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	+	278.162)	/	1 )	/	91.146	*	365 / 4
=	278.162					/	91.146	*	365 / 4
=	278.48

NRB Industrial Bearings Days Payable Related Terms

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NRB Industrial Bearings (BOM:535458) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » NRB Industrial Bearings Ltd (BOM:535458) » Definitions » Days Payable

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Traded in Other Exchanges

NIBL:India

Address

Number. 15, Sir Phirozshah Mehta Road, Dhannur building, 2nd Floor, Fort, Mumbai, MH, IND, 400 001

Website

https://www.nrbindustrialbearings.com

NRB Industrial Bearings Ltd is engaged in the business of manufacturing and selling all types of industrial bearings. The company operates in one business segment which is Industrial Bearings. The product line of the company consists of Cam followers, Bottom ring bearings, Wide inner ring Ball bearings, Housed units, Cylindrical roller bearings, Spherical roller bearings, and Deep groove ball bearings. The Ball and roller bearings segment of the company generates maximum revenue. The group has a business presence in India and Outside India, of which prime income is generated within India.

NRB Industrial Bearings (BOM:535458) Headlines

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