Kirloskar Industries (BOM:500243) Days Payable : 101.40 (As of Dec. 2023)

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What is Kirloskar Industries Days Payable?

Kirloskar Industries's average Accounts Payable for the three months ended in Dec. 2023 was ₹9,431 Mil. Kirloskar Industries's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹8,487 Mil. Hence, Kirloskar Industries's Days Payable for the three months ended in Dec. 2023 was 101.40.

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

BOM:500243' s Days Payable Range Over the Past 10 Years
Min: 56.77 Med: 96.12 Max: 5961.28
Current: 93.11

During the past 13 years, Kirloskar Industries's highest Days Payable was 5961.28. The lowest was 56.77. And the median was 96.12.

BOM:500243's Days Payable is ranked better than
59.46% of 2933 companies
in the Industrial Products industry
Industry Median: 76.41 vs BOM:500243: 93.11

Kirloskar Industries's Days Payable declined from Dec. 2022 (107.42) to Dec. 2023 (101.40). It may suggest that Kirloskar Industries accelerated paying its suppliers.

Kirloskar Industries Days Payable Historical Data

The historical data trend for Kirloskar Industries'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.

Kirloskar Industries Days Payable Chart

Kirloskar Industries Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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92.08

113.85

108.71

102.07

89.42

Kirloskar Industries 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															107.42	64.95	114.84	104.75	101.40

Competitive Comparison of Kirloskar Industries's Days Payable

For the Metal Fabrication subindustry, Kirloskar Industries'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.

Kirloskar Industries's Days Payable Distribution in the Industrial Products Industry

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

* The bar in red indicates where Kirloskar Industries's Days Payable falls into.

Kirloskar Industries 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.

Kirloskar Industries'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
=	( (10724.5	+	10406.3)	/	2 )	/	43126.9	*	365
=	10565.4					/	43126.9	*	365
=	89.42

Kirloskar Industries'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
=	( (9430.8	+	0)	/	1 )	/	8486.7	*	365 / 4
=	9430.8					/	8486.7	*	365 / 4
=	101.40

Kirloskar Industries Days Payable Related Terms

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Kirloskar Industries (BOM:500243) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Kirloskar Industries Ltd (BOM:500243) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

KIRLOSIND:India

Address

Cello Platina, Fergusson College Road, Office No. 801, 8th Floor, Shivajinagar, Pune, MH, IND, 411005

Website

https://www.kirloskarindustries.com

Kirloskar Industries Ltd is engaged in the manufacturing of iron castings. The company is also involved in wind power generation and Investments in Securities and Properties. Its segments include Windpower generation, Investments, Real Estate, Iron casting, Tube and Steel. ,It generates maximum revenue from iron castings. Geographically, it operates and derives revenue from India.

Kirloskar Industries (BOM:500243) Headlines

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