Visaka Industries (BOM:509055) Days Payable : 46.32 (As of Dec. 2023)

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What is Visaka Industries Days Payable?

Visaka Industries's average Accounts Payable for the three months ended in Dec. 2023 was ₹903 Mil. Visaka Industries's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹1,779 Mil. Hence, Visaka Industries's Days Payable for the three months ended in Dec. 2023 was 46.32.

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

BOM:509055' s Days Payable Range Over the Past 10 Years
Min: 28.87 Med: 37.66 Max: 53.93
Current: 32.79

During the past 13 years, Visaka Industries's highest Days Payable was 53.93. The lowest was 28.87. And the median was 37.66.

BOM:509055's Days Payable is ranked worse than
86.61% of 1606 companies
in the Construction industry
Industry Median: 73.785 vs BOM:509055: 32.79

Visaka Industries's Days Payable increased from Dec. 2022 (43.62) to Dec. 2023 (46.32). It may suggest that Visaka Industries delayed paying its suppliers.

Visaka Industries Days Payable Historical Data

The historical data trend for Visaka 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.

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Visaka Industries Days Payable Chart

Visaka Industries Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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50.06

50.29

53.93

42.07

31.96

Visaka 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															43.62	21.07	34.83	44.43	46.32

Competitive Comparison of Visaka Industries's Days Payable

For the Building Products & Equipment subindustry, Visaka 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.

Visaka Industries's Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, Visaka Industries's Days Payable distribution charts can be found below:

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

Visaka 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.

Visaka 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
=	( (861.075	+	932.148)	/	2 )	/	10239.947	*	365
=	896.6115					/	10239.947	*	365
=	31.96

Visaka 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
=	( (903.28	+	0)	/	1 )	/	1779.482	*	365 / 4
=	903.28					/	1779.482	*	365 / 4
=	46.32

Visaka Industries Days Payable Related Terms

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Visaka Industries (BOM:509055) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Visaka Industries Ltd (BOM:509055) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

VISAKAIND:India

Address

S.P. Road, Visaka Towers, 1-8-303/69/3, Secunderabad, TG, IND, 500 003

Website

https://www.visaka.co

Visaka Industries Ltd is a manufacturer of Roofing sheets and Cement sheets. It also manufactures Fiber sheets, Industrial sheets, Fiber cement corrugated sheets, Fiber cement sheets, and Roofing sheets. The company's activities are organized into two operating segments namely, Building Products and Textile Synthetic Yarn. The Building Products division produces asbestos sheets, accessories used mostly as a roofing material, and non-asbestos flat sheets and sandwich panels used as interiors. Its Synthetic Yarn division manufactures yarn out of blends of polyester, viscose, and other materials which go into the weaving of the fabric. It generates maximum revenue from the Building Products segment. Geographically, it derives a majority of its revenue from India.

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