Danube Industries (BOM:540361) Days Payable : 23.45 (As of Mar. 2024)

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What is Danube Industries Days Payable?

Danube Industries's average Accounts Payable for the three months ended in Mar. 2024 was ₹78.9 Mil. Danube Industries's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹306.9 Mil. Hence, Danube Industries's Days Payable for the three months ended in Mar. 2024 was 23.45.

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

BOM:540361' s Days Payable Range Over the Past 10 Years
Min: 53.18 Med: 169.7 Max: 341.9
Current: 68.41

During the past 12 years, Danube Industries's highest Days Payable was 341.90. The lowest was 53.18. And the median was 169.70.

BOM:540361's Days Payable is ranked better than
50.12% of 2424 companies
in the Hardware industry
Industry Median: 68.11 vs BOM:540361: 68.41

Danube Industries's Days Payable declined from Mar. 2023 (49.43) to Mar. 2024 (23.45). It may suggest that Danube Industries accelerated paying its suppliers.

Danube Industries Days Payable Historical Data

The historical data trend for Danube Industries'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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Danube Industries Days Payable Chart

Danube Industries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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161.98

217.95

205.87

78.94

53.18

Danube Industries 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															49.43	96.20	95.70	135.85	23.45

Competitive Comparison of Danube Industries's Days Payable

For the Electronics & Computer Distribution subindustry, Danube Industries'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.

Danube Industries's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Danube Industries's Days Payable distribution charts can be found below:

* The bar in red indicates where Danube Industries's Days Payable falls into.

Danube Industries 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.

Danube Industries'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
=	( (159.75	+	78.888)	/	2 )	/	818.977	*	365
=	119.319					/	818.977	*	365
=	53.18

Danube Industries'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	+	78.888)	/	1 )	/	306.928	*	365 / 4
=	78.888					/	306.928	*	365 / 4
=	23.45

Danube Industries Days Payable Related Terms

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

Danube Industries (BOM:540361) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Danube Industries Ltd (BOM:540361) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ambli-Bopal Road, S.G. Highway, A-2101, Privilon, Behind Iscon Temple, Ahmedabad, GJ, IND, 380054

Website

https://www.danubeindustries.com

Danube Industries Ltd is engaged in supplying Information Technology hardware. It provides Cameras, Televisions, Refrigerators, and Smart Home Devices among others.

Danube Industries (BOM:540361) Headlines

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