Crompton Greaves Consumer Electricals (NSE:CROMPTON) Days Payable : 89.83 (As of Mar. 2024)

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What is Crompton Greaves Consumer Electricals Days Payable?

Crompton Greaves Consumer Electricals's average Accounts Payable for the three months ended in Mar. 2024 was ₹13,145 Mil. Crompton Greaves Consumer Electricals's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹13,352 Mil. Hence, Crompton Greaves Consumer Electricals's Days Payable for the three months ended in Mar. 2024 was 89.83.

The historical rank and industry rank for Crompton Greaves Consumer Electricals's Days Payable or its related term are showing as below:

NSE:CROMPTON' s Days Payable Range Over the Past 10 Years
Min: 77.41 Med: 85.76 Max: 190.21
Current: 81.31

During the past 10 years, Crompton Greaves Consumer Electricals's highest Days Payable was 190.21. The lowest was 77.41. And the median was 85.76.

NSE:CROMPTON's Days Payable is ranked better than
59.8% of 403 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 69.13 vs NSE:CROMPTON: 81.31

Crompton Greaves Consumer Electricals's Days Payable increased from Mar. 2023 (77.07) to Mar. 2024 (89.83). It may suggest that Crompton Greaves Consumer Electricals delayed paying its suppliers.

Crompton Greaves Consumer Electricals Days Payable Historical Data

The historical data trend for Crompton Greaves Consumer Electricals'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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Crompton Greaves Consumer Electricals Days Payable Chart

Crompton Greaves Consumer Electricals Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

Get a 7-Day Free Trial

77.41

81.49

89.84

79.74

85.76

Crompton Greaves Consumer Electricals 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															77.07	72.77	73.94	79.19	89.83

Competitive Comparison of Crompton Greaves Consumer Electricals's Days Payable

For the Furnishings, Fixtures & Appliances subindustry, Crompton Greaves Consumer Electricals'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.

Crompton Greaves Consumer Electricals's Days Payable Distribution in the Furnishings, Fixtures & Appliances Industry

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

* The bar in red indicates where Crompton Greaves Consumer Electricals's Days Payable falls into.

Crompton Greaves Consumer Electricals 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.

Crompton Greaves Consumer Electricals'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
=	( (10353.8	+	13144.6)	/	2 )	/	50003.1	*	365
=	11749.2					/	50003.1	*	365
=	85.76

Crompton Greaves Consumer Electricals'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	+	13144.6)	/	1 )	/	13351.7	*	365 / 4
=	13144.6					/	13351.7	*	365 / 4
=	89.83

Crompton Greaves Consumer Electricals Days Payable Related Terms

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Crompton Greaves Consumer Electricals (NSE:CROMPTON) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Crompton Greaves Consumer Electricals Ltd (NSE:CROMPTON) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

539876:India

Address

Equinox Business Park, Lal Bahadur Shastri Marg, Tower 3, 1st Floor, East Wing, Kurla (West), Mumbai, MH, IND, 400 070

Website

https://www.crompton.co.in

Crompton Greaves Consumer Electricals Ltd manufactures and markets consumer products in India. Its operating segments are Electric Consumer Durables; Lighting Products and Butterfly. The company offers fans comprising ceiling, table, pedestal, wall-mounted, domestic exhaust, special, and personal fans; professional LED and conventional lighting, solar, and lighting automation products, as well as lamps and consumer luminaires; and surface and submersible pumps, pumping systems, and accessories. The company operates predominantly in the domestic market, in India.

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