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Starlit Power Systems (BOM:538733) Days Payable : 2,458.06 (As of Dec. 2023)


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What is Starlit Power Systems Days Payable?

Starlit Power Systems's average Accounts Payable for the three months ended in Dec. 2023 was ₹60.31 Mil. Starlit Power Systems's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹2.24 Mil. Hence, Starlit Power Systems's Days Payable for the three months ended in Dec. 2023 was 2,458.06.

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

BOM:538733' s Days Payable Range Over the Past 10 Years
Min: 106.97   Med: 262.25   Max: 1329.51
Current: 1329.51

During the past 9 years, Starlit Power Systems's highest Days Payable was 1329.51. The lowest was 106.97. And the median was 262.25.

BOM:538733's Days Payable is ranked better than
99.35% of 2933 companies
in the Industrial Products industry
Industry Median: 76.41 vs BOM:538733: 1329.51

Starlit Power Systems's Days Payable increased from Dec. 2022 (1,570.32) to Dec. 2023 (2,458.06). It may suggest that Starlit Power Systems delayed paying its suppliers.


Starlit Power Systems Days Payable Historical Data

The historical data trend for Starlit Power Systems'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.

* Premium members only.

Starlit Power Systems Days Payable Chart

Starlit Power Systems Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Payable
Get a 7-Day Free Trial Premium Member Only 172.43 258.27 139.45 266.22 1,237.51

Starlit Power Systems 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,570.32 557.72 2,413.31 2,365.69 2,458.06

Competitive Comparison of Starlit Power Systems's Days Payable

For the Electrical Equipment & Parts subindustry, Starlit Power Systems'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.


Starlit Power Systems's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Starlit Power Systems's Days Payable distribution charts can be found below:

* The bar in red indicates where Starlit Power Systems's Days Payable falls into.



Starlit Power Systems 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.

Starlit Power Systems'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
=( (55.119 + 60.149) / 2 ) / 16.999*365
=57.634 / 16.999*365
=1,237.51

Starlit Power Systems'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
=( (60.256 + 60.371) / 2 ) / 2.239*365 / 4
=60.3135 / 2.239*365 / 4
=2,458.06

* 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.


Starlit Power Systems Days Payable Related Terms

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Starlit Power Systems (BOM:538733) Business Description

Traded in Other Exchanges
N/A
Address
A - 1/51, LGF, Safdarjung Enclave, New Delhi, IND, 110029
Starlit Power Systems Ltd is engaged in the manufacturing and distribution of Secondary Power Storage Batteries. It manufactures Batteries for Power storage- Inverters, UPS, Solar and also E-Mobility application.

Starlit Power Systems (BOM:538733) Headlines

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