Timescan Logistics (India) (NSE:TIMESCAN) Days Payable : 560.59 (As of Sep. 2023)

View and export this data going back to 2022. Start your Free Trial

What is Timescan Logistics (India) Days Payable?

Timescan Logistics (India)'s average Accounts Payable for the six months ended in Sep. 2023 was ₹91 Mil. Timescan Logistics (India)'s Cost of Goods Sold for the six months ended in Sep. 2023 was ₹30 Mil. Hence, Timescan Logistics (India)'s Days Payable for the six months ended in Sep. 2023 was 560.59.

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

NSE:TIMESCAN' s Days Payable Range Over the Past 10 Years
Min: 21.61 Med: 27 Max: 29.97
Current: 21.61

During the past 5 years, Timescan Logistics (India)'s highest Days Payable was 29.97. The lowest was 21.61. And the median was 27.00.

NSE:TIMESCAN's Days Payable is ranked worse than
78.5% of 935 companies
in the Transportation industry
Industry Median: 38.5 vs NSE:TIMESCAN: 21.61

Timescan Logistics (India)'s Days Payable declined from Sep. 2022 (1,241.13) to Sep. 2023 (560.59). It may suggest that Timescan Logistics (India) accelerated paying its suppliers.

Timescan Logistics (India) Days Payable Historical Data

The historical data trend for Timescan Logistics (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.

Timescan Logistics (India) Days Payable Chart

Timescan Logistics (India) Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

29.75

29.97

26.72

27.00

23.55

Timescan Logistics (India) Semi-Annual Data
	Mar19	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Payable	Get a 7-Day Free Trial			882.32	17.23	1,241.13	12.55	560.59

Competitive Comparison of Timescan Logistics (India)'s Days Payable

For the Integrated Freight & Logistics subindustry, Timescan Logistics (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.

Timescan Logistics (India)'s Days Payable Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Timescan Logistics (India)'s Days Payable distribution charts can be found below:

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

Timescan Logistics (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.

Timescan Logistics (India)'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
=	( (151.809	+	100.256)	/	2 )	/	1953.376	*	365
=	126.0325					/	1953.376	*	365
=	23.55

Timescan Logistics (India)'s Days Payable for the quarter that ended in Sep. 2023 is calculated as:

	Days Payable (Q: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (100.256	+	82.642)	/	2 )	/	29.771	*	365 / 2
=	91.449					/	29.771	*	365 / 2
=	560.59

Timescan Logistics (India) Days Payable Related Terms

Thank you for viewing the detailed overview of Timescan Logistics (India)'s Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Timescan Logistics (India) (NSE:TIMESCAN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Timescan Logistics (India) Ltd (NSE:TIMESCAN) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

18/3, Rukmani Lakshmipathy Road, (Marshalls Road), Rajah Annamalai Buildings, Annex 3rd Floor, Egmore, Chennai, TN, IND, 600 008

Website

http://www.timescan.in

Timescan Logistics (India) Ltd is a multimodal transport operator that offers logistics services involving land, air, and sea transportation and third-party logistics provider. The business provides a complete range of transport and freight-related services like freight forwarding, customs clearance, warehousing, transportation, multimodal transportation, project cargo, vessel charter and packaging.

Timescan Logistics (India) (NSE:TIMESCAN) Headlines

No Headlines