Trishakti Industries (BOM:531279) Days Payable : 0.98 (As of Dec. 2023)

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What is Trishakti Industries Days Payable?

Trishakti Industries's average Accounts Payable for the three months ended in Dec. 2023 was ₹3.4 Mil. Trishakti Industries's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹319.1 Mil. Hence, Trishakti Industries's Days Payable for the three months ended in Dec. 2023 was 0.98.

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

BOM:531279' s Days Payable Range Over the Past 10 Years
Min: 1.57 Med: 2.39 Max: 2.76
Current: 1.57

During the past 13 years, Trishakti Industries's highest Days Payable was 2.76. The lowest was 1.57. And the median was 2.39.

BOM:531279's Days Payable is ranked worse than
99% of 900 companies
in the Oil & Gas industry
Industry Median: 61.045 vs BOM:531279: 1.57

Trishakti Industries's Days Payable increased from Dec. 2022 (0.00) to Dec. 2023 (0.98). It may suggest that Trishakti Industries delayed paying its suppliers.

Trishakti Industries Days Payable Historical Data

The historical data trend for Trishakti 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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Trishakti Industries Days Payable Chart

Trishakti Industries Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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Trishakti 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															-	-	-	0.86	0.98

Competitive Comparison of Trishakti Industries's Days Payable

For the Oil & Gas Equipment & Services subindustry, Trishakti 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.

Trishakti Industries's Days Payable Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Trishakti Industries's Days Payable distribution charts can be found below:

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

Trishakti 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.

Trishakti 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
=	( (0	+	0)	/	1 )	/	161.627	*	365
=	0					/	161.627	*	365
=	0.00

Trishakti 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
=	( (3.414	+	0)	/	1 )	/	319.065	*	365 / 4
=	3.414					/	319.065	*	365 / 4
=	0.98

Trishakti Industries Days Payable Related Terms

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Trishakti Industries (BOM:531279) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Trishakti Industries Ltd (BOM:531279) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Sector V, Godrej Genesis, 10th Floor, Unit No. 1007, Salt Lake City, Kolkata, WB, IND, 700 091

Website

http://www.trishakti.com

Trishakti Industries Ltd, formerly Trishakti Electronics & Industries Ltd is an infrastructure and Oil and Gas exploration service provider. It provides services to companies such as Oil and Natural Gas Corporation Ltd and other PSU's, private and multinational clients. The company is focused on providing advisory services for the seismic data center requirement; providing agency services to foreign service providers in the execution and management of the services in India; importing and trading for various spices from abroad and also focusing on the development of logistic services including warehousing, etc.

Trishakti Industries (BOM:531279) Headlines

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