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Ducon Infratechnologies (NSE:DUCON) Days Payable : 47.73 (As of Dec. 2023)


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What is Ducon Infratechnologies Days Payable?

Ducon Infratechnologies's average Accounts Payable for the three months ended in Dec. 2023 was ₹539 Mil. Ducon Infratechnologies's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹1,030 Mil. Hence, Ducon Infratechnologies's Days Payable for the three months ended in Dec. 2023 was 47.73.

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

NSE:DUCON' s Days Payable Range Over the Past 10 Years
Min: 27.87   Med: 49.01   Max: 59.33
Current: 40.85

During the past 13 years, Ducon Infratechnologies's highest Days Payable was 59.33. The lowest was 27.87. And the median was 49.01.

NSE:DUCON's Days Payable is ranked worse than
78.92% of 2936 companies
in the Industrial Products industry
Industry Median: 76.415 vs NSE:DUCON: 40.85

Ducon Infratechnologies's Days Payable increased from Dec. 2022 (30.60) to Dec. 2023 (47.73). It may suggest that Ducon Infratechnologies delayed paying its suppliers.


Ducon Infratechnologies Days Payable Historical Data

The historical data trend for Ducon Infratechnologies'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.

Ducon Infratechnologies Days Payable Chart

Ducon Infratechnologies 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 59.33 53.73 55.84 50.89 47.12

Ducon Infratechnologies 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 30.60 39.14 45.35 48.53 47.73

Competitive Comparison of Ducon Infratechnologies's Days Payable

For the Specialty Industrial Machinery subindustry, Ducon Infratechnologies'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.


Ducon Infratechnologies's Days Payable Distribution in the Industrial Products Industry

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

* The bar in red indicates where Ducon Infratechnologies's Days Payable falls into.



Ducon Infratechnologies 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.

Ducon Infratechnologies'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
=( (525.082 + 422.606) / 2 ) / 3670.813*365
=473.844 / 3670.813*365
=47.12

Ducon Infratechnologies'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
=( (538.924 + 0) / 1 ) / 1030.315*365 / 4
=538.924 / 1030.315*365 / 4
=47.73

* 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.


Ducon Infratechnologies Days Payable Related Terms

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Ducon Infratechnologies (NSE:DUCON) Business Description

Traded in Other Exchanges
Address
Road No.1, MIDC Wagle Industrial Estate, Ducon House, Plot No. A/4, Thane (West), Thane, MH, IND, 400604
Ducon Infratechnologies Ltd is an India-based diversified technology company. It is engaged in the business of Heavy Engineering and Clean Technology. In addition, it is also involved in the installation of industrial machinery and equipment. The company offers its services in the digital and infrastructure business sectors. Its product categories consist of servers, storage, networking, security and surveillance, and energy management systems.

Ducon Infratechnologies (NSE:DUCON) Headlines

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