Endurance Technologies (NSE:ENDURANCE) Days Payable : 95.61 (As of Mar. 2024)

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What is Endurance Technologies Days Payable?

Endurance Technologies's average Accounts Payable for the three months ended in Mar. 2024 was ₹16,045 Mil. Endurance Technologies's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹15,313 Mil. Hence, Endurance Technologies's Days Payable for the three months ended in Mar. 2024 was 95.61.

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

NSE:ENDURANCE' s Days Payable Range Over the Past 10 Years
Min: 73.79 Med: 89.91 Max: 105.56
Current: 92.84

During the past 13 years, Endurance Technologies's highest Days Payable was 105.56. The lowest was 73.79. And the median was 89.91.

NSE:ENDURANCE's Days Payable is ranked better than
69.02% of 1262 companies
in the Vehicles & Parts industry
Industry Median: 66.79 vs NSE:ENDURANCE: 92.84

Endurance Technologies's Days Payable declined from Mar. 2023 (98.14) to Mar. 2024 (95.61). It may suggest that Endurance Technologies accelerated paying its suppliers.

Endurance Technologies Days Payable Historical Data

The historical data trend for Endurance Technologies'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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Endurance Technologies Days Payable Chart

Endurance Technologies Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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96.46

105.56

91.89

91.33

91.40

Endurance Technologies 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															98.14	89.82	94.54	94.09	95.61

Competitive Comparison of Endurance Technologies's Days Payable

For the Auto Parts subindustry, Endurance Technologies'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.

Endurance Technologies's Days Payable Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Endurance Technologies's Days Payable distribution charts can be found below:

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

Endurance Technologies 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.

Endurance Technologies'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
=	( (14257.38	+	16044.66)	/	2 )	/	60505.73	*	365
=	15151.02					/	60505.73	*	365
=	91.40

Endurance Technologies'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	+	16044.66)	/	1 )	/	15312.58	*	365 / 4
=	16044.66					/	15312.58	*	365 / 4
=	95.61

Endurance Technologies Days Payable Related Terms

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Endurance Technologies (NSE:ENDURANCE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Endurance Technologies Ltd (NSE:ENDURANCE) » Definitions » Days Payable

Traded in Other Exchanges

540153:India

Address

Plot No. E-92, MIDC Industrial Area, Waluj, Aurangabad, MH, IND, 431136

Website

https://www.endurancegroup.com

Endurance Technologies Ltd is an automotive component manufacturing company. The company is engaged in the manufacturing and selling of aluminium die-casting, suspension, transmission, and braking products. Geographically, it derives a majority of its revenue from India. Some of the products include high-pressure and low-pressure die castings, shock absorbers, front fork, clutch assemblies, cork, and paper-based friction plates, Continuous Variable Transmission (CVT), hydraulic disc brake, hydraulic drum brake, and others.

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