Patel Integrated Logistics (BOM:526381) Days Payable : 18.62 (As of Mar. 2024)

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What is Patel Integrated Logistics Days Payable?

Patel Integrated Logistics's average Accounts Payable for the three months ended in Mar. 2024 was ₹167 Mil. Patel Integrated Logistics's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹816 Mil. Hence, Patel Integrated Logistics's Days Payable for the three months ended in Mar. 2024 was 18.62.

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

BOM:526381' s Days Payable Range Over the Past 10 Years
Min: 4.62 Med: 12.83 Max: 20.53
Current: 18.82

During the past 13 years, Patel Integrated Logistics's highest Days Payable was 20.53. The lowest was 4.62. And the median was 12.83.

BOM:526381's Days Payable is ranked worse than
82.88% of 929 companies
in the Transportation industry
Industry Median: 38.76 vs BOM:526381: 18.82

Patel Integrated Logistics's Days Payable declined from Mar. 2023 (21.27) to Mar. 2024 (18.62). It may suggest that Patel Integrated Logistics accelerated paying its suppliers.

Patel Integrated Logistics Days Payable Historical Data

The historical data trend for Patel Integrated Logistics'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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Patel Integrated Logistics Days Payable Chart

Patel Integrated Logistics Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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13.00

15.31

4.62

12.65

20.53

Patel Integrated Logistics Quarterly Data
	Mar19	Jun19	Sep19	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															21.27	22.72	16.77	14.52	18.62

Competitive Comparison of Patel Integrated Logistics's Days Payable

For the Integrated Freight & Logistics subindustry, Patel Integrated Logistics'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.

Patel Integrated Logistics's Days Payable Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Patel Integrated Logistics's Days Payable distribution charts can be found below:

* The bar in red indicates where Patel Integrated Logistics's Days Payable falls into.

Patel Integrated Logistics 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.

Patel Integrated Logistics'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
=	( (144.954	+	166.528)	/	2 )	/	2769.008	*	365
=	155.741					/	2769.008	*	365
=	20.53

Patel Integrated Logistics'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	+	166.528)	/	1 )	/	816.152	*	365 / 4
=	166.528					/	816.152	*	365 / 4
=	18.62

Patel Integrated Logistics Days Payable Related Terms

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Patel Integrated Logistics (BOM:526381) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Patel Integrated Logistics Ltd (BOM:526381) » Definitions » Days Payable

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PATINTLOG:India

Address

52 Hill Road, Natasha Building, 1st Floor, Bandra (West), Mumbai, MH, IND, 400050

Website

http://www.patel-india.com

Patel Integrated Logistics Ltd is an India based company engaged in the business of Co-Loading of Airfreight and Logistics. The operating segment of the group is Air Cargo Service. It derives revenue from the Freight, Commission, Co-loading and Cargo Income.

Patel Integrated Logistics (BOM:526381) Headlines

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