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Kalyani Forge (NSE:KALYANIFRG) Days Payable : 120.10 (As of Dec. 2023)


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What is Kalyani Forge Days Payable?

Kalyani Forge's average Accounts Payable for the three months ended in Dec. 2023 was ₹511 Mil. Kalyani Forge's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹388 Mil. Hence, Kalyani Forge's Days Payable for the three months ended in Dec. 2023 was 120.10.

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

NSE:KALYANIFRG' s Days Payable Range Over the Past 10 Years
Min: 69.64   Med: 84.31   Max: 103.54
Current: 103.54

During the past 13 years, Kalyani Forge's highest Days Payable was 103.54. The lowest was 69.64. And the median was 84.31.

NSE:KALYANIFRG's Days Payable is ranked better than
73.47% of 1259 companies
in the Vehicles & Parts industry
Industry Median: 65.87 vs NSE:KALYANIFRG: 103.54

Kalyani Forge's Days Payable increased from Dec. 2022 (93.06) to Dec. 2023 (120.10). It may suggest that Kalyani Forge delayed paying its suppliers.


Kalyani Forge Days Payable Historical Data

The historical data trend for Kalyani Forge'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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Kalyani Forge Days Payable Chart

Kalyani Forge Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 83.25 99.59 96.62 71.10 69.64

Kalyani Forge Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 93.06 80.90 91.12 107.45 120.10

Competitive Comparison of Kalyani Forge's Days Payable

For the Auto Parts subindustry, Kalyani Forge'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.


Kalyani Forge's Days Payable Distribution in the Vehicles & Parts Industry

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

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



Kalyani Forge 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.

Kalyani Forge's Days Payable for the fiscal year that ended in Mar. 2023 is calculated as

Days Payable (A: Mar. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2022 ) + Accounts Payable (A: Mar. 2023 )) / count ) / Cost of Goods Sold (A: Mar. 2023 )*Days in Period
=( (343.796 + 422.399) / 2 ) / 2007.852*365
=383.0975 / 2007.852*365
=69.64

Kalyani Forge's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

Days Payable (Q: Dec. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2023 ) + Accounts Payable (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (510.747 + 0) / 1 ) / 388.069*365 / 4
=510.747 / 388.069*365 / 4
=120.10

* 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.


Kalyani Forge Days Payable Related Terms

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Kalyani Forge (NSE:KALYANIFRG) Business Description

Traded in Other Exchanges
Address
Shangrila Gardens, 1st Floor, C Wing, Opposite Bund Garden, Pune, MH, IND, 411 001
Kalyani Forge Ltd is an engineering company. The company is engaged in providing forged, machined components and assembled products. It serves industries such as automotive, construction, mining, infrastructure, power, marine, railways, agriculture and other industries. The company's product includes Engine Parts, Chassis System, Turbocharger, Transmission, Driveline, and Steering and Suspension. It services include Hot Forging, Cold and Warm Forging, Precision Machining and Finishing, Heat Treatment, Die Manufacturing, and others.

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