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De Neers Tools (NSE:DENEERS) Days Payable : 200.33 (As of Mar. 2022)


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What is De Neers Tools Days Payable?

De Neers Tools's average Accounts Payable for the six months ended in Mar. 2022 was ₹356.5 Mil. De Neers Tools's Cost of Goods Sold for the six months ended in Mar. 2022 was ₹649.6 Mil. Hence, De Neers Tools's Days Payable for the six months ended in Mar. 2022 was 100.16.

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

NSE:DENEERS's Days Payable is not ranked *
in the Industrial Products industry.
Industry Median: 76.705
* Ranked among companies with meaningful Days Payable only.

De Neers Tools's Days Payable increased from Mar. 2020 (187.53) to Mar. 2022 (200.33). It may suggest that De Neers Tools delayed paying its suppliers.


De Neers Tools Days Payable Historical Data

The historical data trend for De Neers Tools'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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De Neers Tools Days Payable Chart

De Neers Tools Annual Data
Trend Mar20 Mar21 Mar22
Days Payable
187.53 230.63 200.33

De Neers Tools Semi-Annual Data
Mar20 Mar21 Mar22
Days Payable 187.53 230.63 200.33

Competitive Comparison of De Neers Tools's Days Payable

For the Tools & Accessories subindustry, De Neers Tools'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.


De Neers Tools's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, De Neers Tools's Days Payable distribution charts can be found below:

* The bar in red indicates where De Neers Tools's Days Payable falls into.



De Neers Tools 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.

De Neers Tools's Days Payable for the fiscal year that ended in Mar. 2022 is calculated as

Days Payable (A: Mar. 2022 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2021 ) + Accounts Payable (A: Mar. 2022 )) / count ) / Cost of Goods Sold (A: Mar. 2022 )*Days in Period
=( (357.556 + 355.513) / 2 ) / 649.61*365
=356.5345 / 649.61*365
=200.33

De Neers Tools's Days Payable for the quarter that ended in Mar. 2022 is calculated as:

Days Payable (Q: Mar. 2022 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2021 ) + Accounts Payable (Q: Mar. 2022 )) / count ) / Cost of Goods Sold (Q: Mar. 2022 )*Days in Period
=( (357.556 + 355.513) / 2 ) / 649.61*365 / 2
=356.5345 / 649.61*365 / 2
=100.16

* 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.


De Neers Tools Days Payable Related Terms

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De Neers Tools (NSE:DENEERS) Business Description

Traded in Other Exchanges
N/A
Address
Plot No. 468, Ground Floor, Industrial Area, Patparganj, Delhi, IND, 110092
De Neers Tools Ltd is a hand tools suppliers in India. The company aims to provide hand tools of the utmost quality that are worth Its customers' money. It continuously works on innovation and research to develop products that can bring a kind of revolution in the hand tool industry. Its products includes Spanners, Wrenches, Pliers, Cutters, Allen keys, Hammers, sockets, Screw Drivers, Tool Kits, Tool Cabinets, Trolleys, etc. It is also specialized in providing Safety Tools like Non-Sparking Tools, Insulated Steel Tools, Non-Sparking Insulated Tools, Stainless Steel Anti-magnetic Tools, and Titanium Tools, with other range of hand tools. The company is predominantly engaged in wholesale trading of hardware & tools which constitutes a single business segment.

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