Switch to:
Tata Motors Ltd (NYSE:TTM)
Days Payable
76.53 (As of Jun. 2014)

Tata Motors Ltd's payable for the three months ended in Jun. 2014 was $7,683 Mil. Tata Motors Ltd's revenue for the three months ended in Jun. 2014 was $9,135 Mil. Hence, Tata Motors Ltd's days payable for the three months ended in Jun. 2014 was 76.53.

Tata Motors Ltd's days payable increased from Jun. 2013 (0.00) to Jun. 2014 (76.53). It may suggest that Tata Motors Ltd delayed paying its suppliers.


Definition

Days Payable indicates the number of days that the account payable relative to revenue the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Tata Motors Ltd's Days Payable for the fiscal year that ended in Mar. 2013 is calculated as

Days Payable=Payable/Revenue*Days in Period
=8058.64471669/35061.8162328*365
=83.89

Tata Motors Ltd's Days Payable for the quarter that ended in Jun. 2014 is calculated as:

Days Payable=Payable/Revenue*Days in Period
=7682.59385666/9134.81228669*91
=76.53

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Related Terms

Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Tata Motors Ltd Annual Data

Mar04Mar05Mar06Mar07Mar08Mar09Mar10Mar11Mar12Mar13
DaysPayable 66.6747.6545.9850.0746.5077.0272.2266.6275.8783.89

Tata Motors Ltd Quarterly Data

Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14
DaysPayable 59.540.000.000.000.000.0076.8072.6653.8476.53
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial
FEEDBACK