HFCL (LUX:58365) Days Payable : 77.91 (As of Mar. 2024)

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What is HFCL Days Payable?

HFCL's average Accounts Payable for the three months ended in Mar. 2024 was $97.3 Mil. HFCL's Cost of Goods Sold for the three months ended in Mar. 2024 was $113.9 Mil. Hence, HFCL's Days Payable for the three months ended in Mar. 2024 was 77.91.

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

LUX:58365' s Days Payable Range Over the Past 10 Years
Min: 71.91 Med: 117.1 Max: 171.46
Current: 103.83

During the past 13 years, HFCL's highest Days Payable was 171.46. The lowest was 71.91. And the median was 117.10.

LUX:58365's Days Payable is ranked better than
72.55% of 2423 companies
in the Hardware industry
Industry Median: 67.77 vs LUX:58365: 103.83

HFCL's Days Payable declined from Mar. 2023 (92.67) to Mar. 2024 (77.91). It may suggest that HFCL accelerated paying its suppliers.

HFCL Days Payable Historical Data

The historical data trend for HFCL'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.

HFCL Days Payable Chart

HFCL Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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137.12

167.28

176.34

130.39

109.69

HFCL 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															92.67	148.24	90.38	99.60	77.91

Competitive Comparison of HFCL's Days Payable

For the Communication Equipment subindustry, HFCL'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.

HFCL's Days Payable Distribution in the Hardware Industry

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

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

HFCL 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.

HFCL'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
=	( (135.877	+	97.279)	/	2 )	/	387.905	*	365
=	116.578					/	387.905	*	365
=	109.69

HFCL'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	+	97.279)	/	1 )	/	113.93	*	365 / 4
=	97.279					/	113.93	*	365 / 4
=	77.91

HFCL Days Payable Related Terms

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HFCL (LUX:58365) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » HFCL Ltd (LUX:58365) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

HFCL:India 500183:India

Address

8, Commercial Complex, Masjid Moth, Greater Kailash II, New Delhi, IND, 110 048

Website

https://www.hfcl.com

HFCL Ltd is an Indian manufacturer and exporter of optical fibre cables and broadband equipment for the telecommunication industry. Firm business segments include Telecom Products and Turnkey Contracts Services. Telecom Product segment produces optical fibre cable, optical fibre and telecom equipment. Turnkey Contracts segment is engaged in delivering telecom infrastructure and communication network systems for Telecom Operators, Defence Services, Railways, Safe and Smart Cities etc. The firm's products and solutions include Futureline, Aerial, Armoured, Microwave Radios, FTTx, GPON, Optical transmission, etc. It generates substantial revenue from the sale of turnkey projects and related activities.

HFCL (LUX:58365) Headlines

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