Swaraj Engines (BOM:500407) Days Payable : 52.38 (As of Mar. 2024)

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What is Swaraj Engines Days Payable?

Swaraj Engines's average Accounts Payable for the three months ended in Mar. 2024 was ₹1,584 Mil. Swaraj Engines's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹2,759 Mil. Hence, Swaraj Engines's Days Payable for the three months ended in Mar. 2024 was 52.38.

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

BOM:500407' s Days Payable Range Over the Past 10 Years
Min: 41.56 Med: 48.93 Max: 75.88
Current: 75.88

During the past 13 years, Swaraj Engines's highest Days Payable was 75.88. The lowest was 41.56. And the median was 48.93.

BOM:500407's Days Payable is ranked better than
57.65% of 1261 companies
in the Vehicles & Parts industry
Industry Median: 66.66 vs BOM:500407: 75.88

Swaraj Engines's Days Payable declined from Dec. 2022 (61.78) to Mar. 2024 (52.38). It may suggest that Swaraj Engines accelerated paying its suppliers.

Swaraj Engines Days Payable Historical Data

The historical data trend for Swaraj Engines'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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Swaraj Engines Days Payable Chart

Swaraj Engines Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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55.67

56.86

56.82

46.88

52.33

Swaraj Engines Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															61.78	51.93	51.01	74.19	52.38

Competitive Comparison of Swaraj Engines's Days Payable

For the Auto Parts subindustry, Swaraj Engines'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.

Swaraj Engines's Days Payable Distribution in the Vehicles & Parts Industry

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

* The bar in red indicates where Swaraj Engines's Days Payable falls into.

Swaraj Engines 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.

Swaraj Engines'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
=	( (1631.513	+	1584)	/	2 )	/	11213	*	365
=	1607.7565					/	11213	*	365
=	52.33

Swaraj Engines'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	+	1584)	/	1 )	/	2759.2	*	365 / 4
=	1584					/	2759.2	*	365 / 4
=	52.38

Swaraj Engines Days Payable Related Terms

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Swaraj Engines (BOM:500407) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Swaraj Engines Ltd (BOM:500407) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

SWARAJENG:India

Address

Phase-IV, Industrial Area, S.A.S. Nagar, Mohali, PB, IND, 160 055

Website

https://www.swarajenterprise.com

Swaraj Engines Ltd is an India-based company engaged in the principal business of manufacturing and selling diesel engines for tractors. It operates in the segments of manufacturing Diesel engines, Diesel engine components, and Spare parts. It derives a majority of its revenue from the sale of Engines. The Engine products offered by the company comprise the range 20-30 HP, 30-40 HP, 40-50 HP and 50-60 HP.

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