GAIL (India) (LSE:GAID) Days Payable : 23.42 (As of Mar. 2024)

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What is GAIL (India) Days Payable?

GAIL (India)'s average Accounts Payable for the three months ended in Mar. 2024 was $800 Mil. GAIL (India)'s Cost of Goods Sold for the three months ended in Mar. 2024 was $3,116 Mil. Hence, GAIL (India)'s Days Payable for the three months ended in Mar. 2024 was 23.42.

The historical rank and industry rank for GAIL (India)'s Days Payable or its related term are showing as below:

LSE:GAID' s Days Payable Range Over the Past 10 Years
Min: 17.71 Med: 24.99 Max: 33.05
Current: 31.38

During the past 13 years, GAIL (India)'s highest Days Payable was 33.05. The lowest was 17.71. And the median was 24.99.

LSE:GAID's Days Payable is ranked worse than
84.21% of 494 companies
in the Utilities - Regulated industry
Industry Median: 66.43 vs LSE:GAID: 31.38

GAIL (India)'s Days Payable increased from Dec. 2022 (22.53) to Mar. 2024 (23.42). It may suggest that GAIL (India) delayed paying its suppliers.

GAIL (India) Days Payable Historical Data

The historical data trend for GAIL (India)'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.

GAIL (India) Days Payable Chart

GAIL (India) Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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24.52

32.69

24.74

18.32

23.41

GAIL (India) Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															22.53	21.95	24.10	22.98	23.42

Competitive Comparison of GAIL (India)'s Days Payable

For the Utilities - Regulated Gas subindustry, GAIL (India)'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.

GAIL (India)'s Days Payable Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, GAIL (India)'s Days Payable distribution charts can be found below:

* The bar in red indicates where GAIL (India)'s Days Payable falls into.

GAIL (India) 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.

GAIL (India)'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
=	( (868.344	+	799.754)	/	2 )	/	13003.216	*	365
=	834.049					/	13003.216	*	365
=	23.41

GAIL (India)'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	+	799.754)	/	1 )	/	3116.246	*	365 / 4
=	799.754					/	3116.246	*	365 / 4
=	23.42

GAIL (India) Days Payable Related Terms

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GAIL (India) (LSE:GAID) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » GAIL (India) Ltd (LSE:GAID) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

GAILF:USA GAIL:India 532155:India GAIDl:UK GQI:Germany

Address

16, Bhikaiji Cama Place, Gail Bhawan, R.K. Puram, New Delhi, IND, 110066

Website

https://www.gailonline.com

GAIL (India) Ltd is an Indian natural gas processing and distribution company of which the Government of India owns a majority of shares. GAIL India's core business is the sale and transmission of both natural gas and a variety of LPGs, or liquefied petroleum gases. The company segments its operations into Natural Gas Transmission; LPG Transmission; Natural Gas Trading/Marketing; Petrochemicals; LPG and Other Liquid Hydrocarbon; City Gas and Other Segments which includes GAILTEL, E&P, Power Generation and City Gas Distribution. The vast majority of revenue is from its Natural Gas Trading/Marketing segment.

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