Symphony (BOM:517385) Days Payable : 79.51 (As of Mar. 2024)

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What is Symphony Days Payable?

Symphony's average Accounts Payable for the three months ended in Mar. 2024 was ₹1,490 Mil. Symphony's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹1,710 Mil. Hence, Symphony's Days Payable for the three months ended in Mar. 2024 was 79.51.

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

BOM:517385' s Days Payable Range Over the Past 10 Years
Min: 52.11 Med: 76.17 Max: 95.51
Current: 95.46

During the past 13 years, Symphony's highest Days Payable was 95.51. The lowest was 52.11. And the median was 76.17.

BOM:517385's Days Payable is ranked better than
67.24% of 406 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 67.095 vs BOM:517385: 95.46

Symphony's Days Payable declined from Mar. 2023 (83.45) to Mar. 2024 (79.51). It may suggest that Symphony accelerated paying its suppliers.

Symphony Days Payable Historical Data

The historical data trend for Symphony'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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Symphony Days Payable Chart

Symphony Annual Data

Trend

Jun15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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76.17

91.80

91.06

86.16

95.51

Symphony 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															83.45	99.37	96.80	110.20	79.51

Competitive Comparison of Symphony's Days Payable

For the Furnishings, Fixtures & Appliances subindustry, Symphony'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.

Symphony's Days Payable Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Symphony's Days Payable distribution charts can be found below:

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

Symphony 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.

Symphony'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
=	( (1655.3	+	1490)	/	2 )	/	6010	*	365
=	1572.65					/	6010	*	365
=	95.51

Symphony'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	+	1490)	/	1 )	/	1710	*	365 / 4
=	1490					/	1710	*	365 / 4
=	79.51

Symphony Days Payable Related Terms

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Symphony (BOM:517385) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Symphony Ltd (BOM:517385) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

SYMPHONY:India

Address

FP-12, TP-50, Off S.G. Highway, Symphony House, Third Floor, Bodakdev, Ahmedabad, GJ, IND, 380 059

Website

https://www.symphonylimited.com

Symphony Ltd is an India-based company that is principally engaged in providing air coolers. It is headquartered in Ahmedabad, India. The company's products include residential air coolers, packaged air coolers, and central air coolers, and it offers cooling solutions across a series of capacities and models. The company has a single operating segment: Air Cooling and Other Appliances.

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