Arihant Foundations & Housing (BOM:531381) Days Payable : 308.42 (As of Dec. 2023)

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What is Arihant Foundations & Housing Days Payable?

Arihant Foundations & Housing's average Accounts Payable for the three months ended in Dec. 2023 was ₹492.8 Mil. Arihant Foundations & Housing's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹145.8 Mil. Hence, Arihant Foundations & Housing's Days Payable for the three months ended in Dec. 2023 was 308.42.

The historical rank and industry rank for Arihant Foundations & Housing's Days Payable or its related term are showing as below:

BOM:531381' s Days Payable Range Over the Past 10 Years
Min: 80.1 Med: 314.62 Max: 571.84
Current: 418.01

During the past 13 years, Arihant Foundations & Housing's highest Days Payable was 571.84. The lowest was 80.10. And the median was 314.62.

BOM:531381's Days Payable is ranked better than
85.31% of 1579 companies
in the Real Estate industry
Industry Median: 97.02 vs BOM:531381: 418.01

Arihant Foundations & Housing's Days Payable declined from Dec. 2022 (3,740.87) to Dec. 2023 (308.42). It may suggest that Arihant Foundations & Housing accelerated paying its suppliers.

Arihant Foundations & Housing Days Payable Historical Data

The historical data trend for Arihant Foundations & Housing'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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Arihant Foundations & Housing Days Payable Chart

Arihant Foundations & Housing Annual Data

Trend

Sep12

Sep13

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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132.13

266.11

347.66

314.62

571.84

Arihant Foundations & Housing 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															3,740.87	367.72	147.10	1,777.39	308.42

Competitive Comparison of Arihant Foundations & Housing's Days Payable

For the Real Estate - Development subindustry, Arihant Foundations & Housing'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.

Arihant Foundations & Housing's Days Payable Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Arihant Foundations & Housing's Days Payable distribution charts can be found below:

* The bar in red indicates where Arihant Foundations & Housing's Days Payable falls into.

Arihant Foundations & Housing 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.

Arihant Foundations & Housing'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
=	( (645.16	+	452.181)	/	2 )	/	350.21	*	365
=	548.6705					/	350.21	*	365
=	571.84

Arihant Foundations & Housing'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
=	( (492.8	+	0)	/	1 )	/	145.8	*	365 / 4
=	492.8					/	145.8	*	365 / 4
=	308.42

Arihant Foundations & Housing Days Payable Related Terms

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Arihant Foundations & Housing (BOM:531381) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Arihant Foundations & Housing Ltd (BOM:531381) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

3rd Street, Off. Cenotaph Road, New No. 3 (Old No. 25), Ganapathy Colony, Teynampet, Chennai, TN, IND, 600018

Website

https://www.arihantspaces.com

Arihant Foundations & Housing Ltd is engaged in the business of construction and providing infrastructure facilities. It develops both residential and commercial real estate properties. Its portfolio comprises villas, apartments, IT parks, hotels, shopping malls, multiplex, developed plots, and commercial buildings. The company serves a diverse range of clients from individual home buyers to commercial clients to multi-unit investors.

Arihant Foundations & Housing (BOM:531381) Headlines

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