T & I Global (BOM:522294) Days Payable : 47.80 (As of Dec. 2023)

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What is T & I Global Days Payable?

T & I Global's average Accounts Payable for the three months ended in Dec. 2023 was ₹152 Mil. T & I Global's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹291 Mil. Hence, T & I Global's Days Payable for the three months ended in Dec. 2023 was 47.80.

The historical rank and industry rank for T & I Global's Days Payable or its related term are showing as below:

BOM:522294' s Days Payable Range Over the Past 10 Years
Min: 23.13 Med: 71.93 Max: 114.86
Current: 24.61

During the past 13 years, T & I Global's highest Days Payable was 114.86. The lowest was 23.13. And the median was 71.93.

BOM:522294's Days Payable is ranked worse than
92.44% of 2936 companies
in the Industrial Products industry
Industry Median: 76.705 vs BOM:522294: 24.61

T & I Global's Days Payable increased from Dec. 2022 (15.31) to Dec. 2023 (47.80). It may suggest that T & I Global delayed paying its suppliers.

T & I Global Days Payable Historical Data

The historical data trend for T & I Global'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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T & I Global Days Payable Chart

T & I Global Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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60.68

65.05

50.88

41.01

23.13

T & I Global 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															15.31	18.15	14.63	50.26	47.80

Competitive Comparison of T & I Global's Days Payable

For the Specialty Industrial Machinery subindustry, T & I Global'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.

T & I Global's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, T & I Global's Days Payable distribution charts can be found below:

* The bar in red indicates where T & I Global's Days Payable falls into.

T & I Global 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.

T & I Global'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
=	( (75.244	+	80.438)	/	2 )	/	1228.385	*	365
=	77.841					/	1228.385	*	365
=	23.13

T & I Global'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
=	( (152.499	+	0)	/	1 )	/	291.145	*	365 / 4
=	152.499					/	291.145	*	365 / 4
=	47.80

T & I Global Days Payable Related Terms

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T & I Global (BOM:522294) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » T & I Global Ltd (BOM:522294) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

11, Jassal House 4A, Auckland Square, Kolkata, WB, IND, 700017

Website

https://www.tiglobal.com

T & I Global Ltd is a company engaged in the business of manufacturing and trading of tea and coconut processing machinery and cultivation, manufacturing, and sale of tea. The company manufactures CTC tea machinery, Orthodox tea machinery, Green tea machinery, Blending and Packing machinery, and Harvesting equipment. The operating segments of the company are Tea division and Machinery division. The organization offers its products in Indian as well as international markets.

T & I Global (BOM:522294) Headlines

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