Tierra Agrotech (BOM:543531) Days Payable : 320.26 (As of Mar. 2024)

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What is Tierra Agrotech Days Payable?

Tierra Agrotech's average Accounts Payable for the three months ended in Mar. 2024 was ₹212.8 Mil. Tierra Agrotech's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹60.6 Mil. Hence, Tierra Agrotech's Days Payable for the three months ended in Mar. 2024 was 320.26.

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

BOM:543531' s Days Payable Range Over the Past 10 Years
Min: 107.96 Med: 174.06 Max: 1914.17
Current: 128.29

During the past 10 years, Tierra Agrotech's highest Days Payable was 1914.17. The lowest was 107.96. And the median was 174.06.

BOM:543531's Days Payable is ranked better than
71.79% of 234 companies
in the Agriculture industry
Industry Median: 75.87 vs BOM:543531: 128.29

Tierra Agrotech's Days Payable increased from Mar. 2023 (105.00) to Mar. 2024 (320.26). It may suggest that Tierra Agrotech delayed paying its suppliers.

Tierra Agrotech Days Payable Historical Data

The historical data trend for Tierra Agrotech'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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Tierra Agrotech Days Payable Chart

Tierra Agrotech Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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134.67

201.39

169.12

139.24

178.99

Tierra Agrotech Quarterly Data
	Mar15	Mar16	Mar17	Mar18	Mar19	Mar20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															105.00	77.98	42.91	54.33	320.26

Competitive Comparison of Tierra Agrotech's Days Payable

For the Agricultural Inputs subindustry, Tierra Agrotech'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.

Tierra Agrotech's Days Payable Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Tierra Agrotech's Days Payable distribution charts can be found below:

* The bar in red indicates where Tierra Agrotech's Days Payable falls into.

Tierra Agrotech 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.

Tierra Agrotech'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
=	( (218.928	+	212.84)	/	2 )	/	440.244	*	365
=	215.884					/	440.244	*	365
=	178.99

Tierra Agrotech'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	+	212.84)	/	1 )	/	60.643	*	365 / 4
=	212.84					/	60.643	*	365 / 4
=	320.26

Tierra Agrotech Days Payable Related Terms

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Tierra Agrotech (BOM:543531) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Tierra Agrotech Ltd (BOM:543531) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Road No. 2, Banjara Hills, Kamalapuri Colony Lane, Next to L V Prasad Hospital, 1st Floor, Sravana Complex, Hyderabad, TG, IND, 500034

Website

https://www.tierraagrotech.com

Tierra Agrotech Ltd is engaged in the research, development, production, processing and commercialization of superior products in crops like Cotton, Rice, Corn, Mustard, Tomato and Okra. The company is engaged in the Production and trading of Agricultural seeds.

Tierra Agrotech (BOM:543531) Headlines

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