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East West Holdings (BOM:540006) Days Payable : 10.93 (As of Dec. 2023)


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What is East West Holdings Days Payable?

East West Holdings's average Accounts Payable for the three months ended in Dec. 2023 was ₹44 Mil. East West Holdings's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹370 Mil. Hence, East West Holdings's Days Payable for the three months ended in Dec. 2023 was 10.93.

The historical rank and industry rank for East West Holdings's Days Payable or its related term are showing as below:

BOM:540006' s Days Payable Range Over the Past 10 Years
Min: 7.33   Med: 18.45   Max: 59.38
Current: 10.12

During the past 13 years, East West Holdings's highest Days Payable was 59.38. The lowest was 7.33. And the median was 18.45.

BOM:540006's Days Payable is ranked worse than
93.58% of 935 companies
in the Transportation industry
Industry Median: 38.5 vs BOM:540006: 10.12

East West Holdings's Days Payable increased from Dec. 2022 (8.82) to Dec. 2023 (10.93). It may suggest that East West Holdings delayed paying its suppliers.


East West Holdings Days Payable Historical Data

The historical data trend for East West Holdings'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.

East West Holdings Days Payable Chart

East West Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.77 18.45 16.76 11.62 7.33

East West Holdings 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 8.82 8.11 7.86 10.21 10.93

Competitive Comparison of East West Holdings's Days Payable

For the Integrated Freight & Logistics subindustry, East West Holdings'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.


East West Holdings's Days Payable Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, East West Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where East West Holdings's Days Payable falls into.



East West Holdings 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.

East West Holdings'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
=( (50.824 + 42.91) / 2 ) / 2333.205*365
=46.867 / 2333.205*365
=7.33

East West Holdings'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
=( (44.304 + 0) / 1 ) / 370.044*365 / 4
=44.304 / 370.044*365 / 4
=10.93

* 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.


East West Holdings Days Payable Related Terms

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East West Holdings (BOM:540006) Business Description

Traded in Other Exchanges
N/A
Address
Sahar Chakala Road, Unit No. 62, Adarsh Industrial Estate, Andheri East, Mumbai, MH, IND, 400099
East West Holdings Ltd is a company that operates in the transportation sector. The company is engaged in providing logistics solutions including air and ocean freight forwarding operation and road transportation. Its only operating segment being Transportation, Logistic and allied activities.

East West Holdings (BOM:540006) Headlines

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