Maruti Suzuki India (NSE:MARUTI) Days Payable : 57.42 (As of Mar. 2024)

View and export this data going back to 2003. Start your Free Trial

What is Maruti Suzuki India Days Payable?

Maruti Suzuki India's average Accounts Payable for the three months ended in Mar. 2024 was ₹169,884 Mil. Maruti Suzuki India's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹269,977 Mil. Hence, Maruti Suzuki India's Days Payable for the three months ended in Mar. 2024 was 57.42.

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

NSE:MARUTI' s Days Payable Range Over the Past 10 Years
Min: 46.09 Med: 54.66 Max: 59.24
Current: 51.89

During the past 13 years, Maruti Suzuki India's highest Days Payable was 59.24. The lowest was 46.09. And the median was 54.66.

NSE:MARUTI's Days Payable is ranked worse than
62.49% of 1261 companies
in the Vehicles & Parts industry
Industry Median: 65.85 vs NSE:MARUTI: 51.89

Maruti Suzuki India's Days Payable increased from Mar. 2023 (46.41) to Mar. 2024 (57.42). It may suggest that Maruti Suzuki India delayed paying its suppliers.

Maruti Suzuki India Days Payable Historical Data

The historical data trend for Maruti Suzuki 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.

Maruti Suzuki India Days Payable Chart

Maruti Suzuki India Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

Get a 7-Day Free Trial

53.93

59.24

52.39

46.09

52.79

Maruti Suzuki India 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															46.41	45.78	48.33	54.19	57.42

Competitive Comparison of Maruti Suzuki India's Days Payable

For the Auto Manufacturers subindustry, Maruti Suzuki 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.

Maruti Suzuki India's Days Payable Distribution in the Vehicles & Parts Industry

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

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

Maruti Suzuki 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.

Maruti Suzuki 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
=	( (117855	+	169884)	/	2 )	/	994802	*	365
=	143869.5					/	994802	*	365
=	52.79

Maruti Suzuki 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	+	169884)	/	1 )	/	269977	*	365 / 4
=	169884					/	269977	*	365 / 4
=	57.42

Maruti Suzuki India Days Payable Related Terms

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

Maruti Suzuki India (NSE:MARUTI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Maruti Suzuki India Ltd (NSE:MARUTI) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

532500:India

Address

Plot No. 1, Nelson Mandela Road, Vasant Kunj, New Delhi, IND, 110 070

Website

https://www.marutisuzuki.com

Maruti Suzuki India Ltd, a subsidiary of Suzuki Motor Corp., is the leading passenger-vehicle manufacturer by sales and production. It manufactures, buys, and sells vehicles and spare parts. The company also facilitates used-car sales, fleet management, and financing. The company offers a range of cars across different segments with 15 brands and over 150 variants including Alto, the world's best-selling small car.

Maruti Suzuki India (NSE:MARUTI) Headlines

No Headlines