Shah Alloys (NSE:SHAHALLOYS) Days Payable : 94.77 (As of Dec. 2023)

View and export this data going back to 2005. Start your Free Trial

What is Shah Alloys Days Payable?

Shah Alloys's average Accounts Payable for the three months ended in Dec. 2023 was ₹1,239 Mil. Shah Alloys's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹1,193 Mil. Hence, Shah Alloys's Days Payable for the three months ended in Dec. 2023 was 94.77.

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

NSE:SHAHALLOYS' s Days Payable Range Over the Past 10 Years
Min: 67.24 Med: 105.32 Max: 174.71
Current: 79.58

During the past 13 years, Shah Alloys's highest Days Payable was 174.71. The lowest was 67.24. And the median was 105.32.

NSE:SHAHALLOYS's Days Payable is ranked better than
75.68% of 588 companies
in the Steel industry
Industry Median: 41.195 vs NSE:SHAHALLOYS: 79.58

Shah Alloys's Days Payable increased from Dec. 2022 (70.32) to Dec. 2023 (94.77). It may suggest that Shah Alloys delayed paying its suppliers.

Shah Alloys Days Payable Historical Data

The historical data trend for Shah Alloys'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.

Shah Alloys Days Payable Chart

Shah Alloys Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

Get a 7-Day Free Trial

74.07

101.96

122.27

67.94

85.83

Shah Alloys 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															70.32	82.58	92.58	80.11	94.77

Competitive Comparison of Shah Alloys's Days Payable

For the Steel subindustry, Shah Alloys'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.

Shah Alloys's Days Payable Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Shah Alloys's Days Payable distribution charts can be found below:

* The bar in red indicates where Shah Alloys's Days Payable falls into.

Shah Alloys 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.

Shah Alloys'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
=	( (1159.345	+	1241.56)	/	2 )	/	5104.895	*	365
=	1200.4525					/	5104.895	*	365
=	85.83

Shah Alloys'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
=	( (1238.8	+	0)	/	1 )	/	1192.8	*	365 / 4
=	1238.8					/	1192.8	*	365 / 4
=	94.77

Shah Alloys Days Payable Related Terms

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

Shah Alloys (NSE:SHAHALLOYS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Shah Alloys Ltd (NSE:SHAHALLOYS) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

513436:India

Address

Shah Alloys Corporate House, Sola-Kalol Road, Village Santej, Taluka Kalol, Gandhinagar, GJ, IND, 382 721

Website

http://www.shahalloys.com

Shah Alloys Ltd manufactures and supplies steel in India. The company is engaged in manufacturing of Stainless steel, Alloys and Special steel, Carbon/mild steel and Armour steel in Flat and long products. The product offered by the group includes hot rolled coils, hot rolled sheets, and plates, cold rolled coils and sheets, hot rolled round bars, hot rolled flat bars, angles, bright/peeled bars, beams, and angles. The firm generates a majority of its revenue from the sale of Iron and Steel products which includes Bars, Beams, Flat, Plate and Coil, Slab and Billets.

Shah Alloys (NSE:SHAHALLOYS) Headlines

No Headlines