GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Avro India Ltd (NSE:AVROIND) » Definitions » Days Payable

Avro India (NSE:AVROIND) Days Payable : 38.14 (As of Mar. 2024)


View and export this data going back to 2018. Start your Free Trial

What is Avro India Days Payable?

Avro India's average Accounts Payable for the three months ended in Mar. 2024 was ₹70.6 Mil. Avro India's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹169.0 Mil. Hence, Avro India's Days Payable for the three months ended in Mar. 2024 was 38.14.

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

NSE:AVROIND' s Days Payable Range Over the Past 10 Years
Min: 13.42   Med: 31.06   Max: 61.51
Current: 29.76

During the past 12 years, Avro India's highest Days Payable was 61.51. The lowest was 13.42. And the median was 31.06.

NSE:AVROIND's Days Payable is ranked worse than
86.17% of 405 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 69.13 vs NSE:AVROIND: 29.76

Avro India's Days Payable increased from Mar. 2023 (25.53) to Mar. 2024 (38.14). It may suggest that Avro India delayed paying its suppliers.


Avro India Days Payable Historical Data

The historical data trend for Avro India'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.

Avro India Days Payable Chart

Avro India Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.89 20.41 39.20 34.40 27.74

Avro India Quarterly Data
Mar17 Jan18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 25.53 18.87 43.96 26.66 38.14

Competitive Comparison of Avro India's Days Payable

For the Furnishings, Fixtures & Appliances subindustry, Avro India'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.


Avro India's Days Payable Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Avro India's Days Payable distribution charts can be found below:

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



Avro India 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.

Avro India'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
=( (36.816 + 70.649) / 2 ) / 706.978*365
=53.7325 / 706.978*365
=27.74

Avro India'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 + 70.649) / 1 ) / 169.017*365 / 4
=70.649 / 169.017*365 / 4
=38.14

* 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.


Avro India Days Payable Related Terms

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


Avro India (NSE:AVROIND) Business Description

Traded in Other Exchanges
Address
South of G. T. Road, A-7/36-39, Industrial Area, Electrosteel Casting Compound, Ghaziabad, UP, IND, 201009
Avro India Ltd is engaged in manufacturing and selling plastic molded furniture and granules. The firm produces are manufactures products under the brand name Avon and Avro Furniture. The product portfolio of the company includes molded chairs, molded stools, molded tables, and molded bay chairs and baby desks. The products are sold in U.P., Punjab, Haryana, Delhi, Rajasthan and across north India. Avro produces products used in Auditoriums, Schools, Colleges, Restaurants, Hotels, Homes, Gardens and others.

Avro India (NSE:AVROIND) Headlines

No Headlines