Pavna Industries (NSE:PAVNAIND) Days Payable : 66.79 (As of Dec. 2023)

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What is Pavna Industries Days Payable?

Pavna Industries's average Accounts Payable for the three months ended in Dec. 2023 was ₹408 Mil. Pavna Industries's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹557 Mil. Hence, Pavna Industries's Days Payable for the three months ended in Dec. 2023 was 66.79.

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

NSE:PAVNAIND' s Days Payable Range Over the Past 10 Years
Min: 45.68 Med: 65.03 Max: 75.23
Current: 75.04

During the past 6 years, Pavna Industries's highest Days Payable was 75.23. The lowest was 45.68. And the median was 65.03.

NSE:PAVNAIND's Days Payable is ranked better than
57.59% of 1259 companies
in the Vehicles & Parts industry
Industry Median: 65.87 vs NSE:PAVNAIND: 75.04

Pavna Industries's Days Payable increased from Dec. 2022 (0.00) to Dec. 2023 (66.79). It may suggest that Pavna Industries delayed paying its suppliers.

Pavna Industries Days Payable Historical Data

The historical data trend for Pavna Industries'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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Pavna Industries Days Payable Chart

Pavna Industries Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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52.46

64.85

75.23

65.20

67.16

Pavna Industries Quarterly Data
	Mar18	Mar19	Mar20	Sep20	Mar21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial								-	66.06	93.87	78.03	66.79

Competitive Comparison of Pavna Industries's Days Payable

For the Auto Parts subindustry, Pavna Industries'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.

Pavna Industries's Days Payable Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Pavna Industries's Days Payable distribution charts can be found below:

* The bar in red indicates where Pavna Industries's Days Payable falls into.

Pavna Industries 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.

Pavna Industries'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
=	( (411.798	+	538.174)	/	2 )	/	2581.58	*	365
=	474.986					/	2581.58	*	365
=	67.16

Pavna Industries'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
=	( (407.686	+	0)	/	1 )	/	556.963	*	365 / 4
=	407.686					/	556.963	*	365 / 4
=	66.79

Pavna Industries Days Payable Related Terms

Thank you for viewing the detailed overview of Pavna Industries's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Pavna Industries (NSE:PAVNAIND) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Pavna Industries Ltd (NSE:PAVNAIND) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

543915:India

Address

Vimlanchal, Hari Nagar, Gopalpuri, Aligarh, UP, IND, 202001

Website

https://www.pavnagroup.com

Pavna Industries Ltd is engaged in the business of manufacturing automotive parts, providing solutions for automobile applications, and serving automobile and other applications. The company products include fuel tank caps, fuel cocks & Pumps, Casting & engine components, switches handles, etc.

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