Triton Valves (BOM:505978) Days Payable : 52.43 (As of Dec. 2023)

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What is Triton Valves Days Payable?

Triton Valves's average Accounts Payable for the three months ended in Dec. 2023 was ₹482 Mil. Triton Valves's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹839 Mil. Hence, Triton Valves's Days Payable for the three months ended in Dec. 2023 was 52.43.

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

BOM:505978' s Days Payable Range Over the Past 10 Years
Min: 24.78 Med: 40.61 Max: 53.17
Current: 44.03

During the past 13 years, Triton Valves's highest Days Payable was 53.17. The lowest was 24.78. And the median was 40.61.

BOM:505978's Days Payable is ranked worse than
71.38% of 1258 companies
in the Vehicles & Parts industry
Industry Median: 66.48 vs BOM:505978: 44.03

Triton Valves's Days Payable increased from Dec. 2022 (48.31) to Dec. 2023 (52.43). It may suggest that Triton Valves delayed paying its suppliers.

Triton Valves Days Payable Historical Data

The historical data trend for Triton Valves'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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Triton Valves Days Payable Chart

Triton Valves Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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39.85

41.36

53.17

41.85

38.83

Triton Valves 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															48.31	32.70	39.35	62.96	52.43

Competitive Comparison of Triton Valves's Days Payable

For the Auto Parts subindustry, Triton Valves'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.

Triton Valves's Days Payable Distribution in the Vehicles & Parts Industry

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

* The bar in red indicates where Triton Valves's Days Payable falls into.

Triton Valves 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.

Triton Valves'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
=	( (262.799	+	328.041)	/	2 )	/	2776.788	*	365
=	295.42					/	2776.788	*	365
=	38.83

Triton Valves'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
=	( (482.106	+	0)	/	1 )	/	839.031	*	365 / 4
=	482.106					/	839.031	*	365 / 4
=	52.43

Triton Valves Days Payable Related Terms

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Triton Valves (BOM:505978) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Triton Valves Ltd (BOM:505978) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

22, Ulsoor Road, Sunrise Chambers, Bengaluru, KA, IND, 560 042

Website

https://www.tritonvalves.com

Triton Valves Ltd is engaged in the business of manufacturing valves. It serves tyre and tube valves; automotive air conditioning; tyre pressure monitoring; industrial and home air conditioning; electric vehicles; aerospace and defence and mining and construction industries. The company's only operating segment is Automobile tyres and tube valves, cores and accessories. Geographically, it derives a majority of its revenue from India.

Triton Valves (BOM:505978) Headlines

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