Welspun Specialty Solutions (BOM:500365) Days Payable : 367.26 (As of Mar. 2024)

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What is Welspun Specialty Solutions Days Payable?

Welspun Specialty Solutions's average Accounts Payable for the three months ended in Mar. 2024 was ₹2,083 Mil. Welspun Specialty Solutions's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹518 Mil. Hence, Welspun Specialty Solutions's Days Payable for the three months ended in Mar. 2024 was 367.26.

The historical rank and industry rank for Welspun Specialty Solutions's Days Payable or its related term are showing as below:

BOM:500365' s Days Payable Range Over the Past 10 Years
Min: 57.12 Med: 100.16 Max: 176.88
Current: 176.88

During the past 13 years, Welspun Specialty Solutions's highest Days Payable was 176.88. The lowest was 57.12. And the median was 100.16.

BOM:500365's Days Payable is ranked better than
93.37% of 588 companies
in the Steel industry
Industry Median: 39.7 vs BOM:500365: 176.88

Welspun Specialty Solutions's Days Payable increased from Mar. 2023 (333.85) to Mar. 2024 (367.26). It may suggest that Welspun Specialty Solutions delayed paying its suppliers.

Welspun Specialty Solutions Days Payable Historical Data

The historical data trend for Welspun Specialty Solutions'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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Welspun Specialty Solutions Days Payable Chart

Welspun Specialty Solutions Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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98.64

130.29

134.02

171.37

153.21

Welspun Specialty Solutions 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															333.85	167.37	149.19	164.71	367.26

Competitive Comparison of Welspun Specialty Solutions's Days Payable

For the Steel subindustry, Welspun Specialty Solutions'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.

Welspun Specialty Solutions's Days Payable Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Welspun Specialty Solutions's Days Payable distribution charts can be found below:

* The bar in red indicates where Welspun Specialty Solutions's Days Payable falls into.

Welspun Specialty Solutions 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.

Welspun Specialty Solutions'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
=	( (1999.8	+	2082.8)	/	2 )	/	4863.1	*	365
=	2041.3					/	4863.1	*	365
=	153.21

Welspun Specialty Solutions'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	+	2082.8)	/	1 )	/	517.5	*	365 / 4
=	2082.8					/	517.5	*	365 / 4
=	367.26

Welspun Specialty Solutions Days Payable Related Terms

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Welspun Specialty Solutions (BOM:500365) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Welspun Specialty Solutions Ltd (BOM:500365) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Senapati Bapat Marg, Kamala Mills Compound, 5th Floor, Welspun House, Lower Parel (West), Mumbai, MH, IND, 400013

Website

https://www.welspunspecialty.com

Welspun Specialty Solutions Ltd is engaged in the manufacturing of alloy and stainless steel products. The firm serves various industries such as automotive energy, defense, nuclear power, and aerospace. The company's business is predominantly confined to India.

Welspun Specialty Solutions (BOM:500365) Headlines

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