Shriram Properties (NSE:SHRIRAMPPS) Days Payable : 116.44 (As of Dec. 2023)

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What is Shriram Properties Days Payable?

Shriram Properties's average Accounts Payable for the three months ended in Dec. 2023 was ₹1,961 Mil. Shriram Properties's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹1,537 Mil. Hence, Shriram Properties's Days Payable for the three months ended in Dec. 2023 was 116.44.

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

NSE:SHRIRAMPPS' s Days Payable Range Over the Past 10 Years
Min: 103.43 Med: 144.24 Max: 291.31
Current: 146.03

During the past 5 years, Shriram Properties's highest Days Payable was 291.31. The lowest was 103.43. And the median was 144.24.

NSE:SHRIRAMPPS's Days Payable is ranked better than
61.94% of 1579 companies
in the Real Estate industry
Industry Median: 97.02 vs NSE:SHRIRAMPPS: 146.03

Shriram Properties's Days Payable increased from Dec. 2022 (98.86) to Dec. 2023 (116.44). It may suggest that Shriram Properties delayed paying its suppliers.

Shriram Properties Days Payable Historical Data

The historical data trend for Shriram Properties'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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Shriram Properties Days Payable Chart

Shriram Properties Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

103.43

144.24

218.54

291.31

114.75

Shriram Properties Quarterly Data
	Mar19	Mar20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial										98.86	200.04	208.66	148.10	116.44

Competitive Comparison of Shriram Properties's Days Payable

For the Real Estate - Development subindustry, Shriram Properties'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.

Shriram Properties's Days Payable Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Shriram Properties's Days Payable distribution charts can be found below:

* The bar in red indicates where Shriram Properties's Days Payable falls into.

Shriram Properties 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.

Shriram Properties'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
=	( (1461.1	+	1388.74)	/	2 )	/	4532.28	*	365
=	1424.92					/	4532.28	*	365
=	114.75

Shriram Properties'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
=	( (1960.9	+	0)	/	1 )	/	1536.7	*	365 / 4
=	1960.9					/	1536.7	*	365 / 4
=	116.44

Shriram Properties Days Payable Related Terms

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Shriram Properties (NSE:SHRIRAMPPS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Shriram Properties Ltd (NSE:SHRIRAMPPS) » Definitions » Days Payable

Traded in Other Exchanges

543419:India

Address

No. 31, 2nd Main Road, T. Chowdaiah Road, Shriram House, Sadashivanagar, Bengaluru, KA, IND, 560 080

Website

https://www.shriramproperties.com

Shriram Properties Ltd is a residential real estate development company. The Company is engaged in the business of construction, development and sale of all or any part of housing project which is the only reportable segment. It primarily focuses on the mid-market and affordable housing segments. It is also present in the mid-market premium and luxury housing categories as well as commercial and office space categories.

Shriram Properties (NSE:SHRIRAMPPS) Headlines

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