Jindalw (BOM:500378) Days Payable : 73.15 (As of Dec. 2023)

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What is Jindalw Days Payable?

Jindalw's average Accounts Payable for the three months ended in Dec. 2023 was ₹25,917 Mil. Jindalw's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹32,329 Mil. Hence, Jindalw's Days Payable for the three months ended in Dec. 2023 was 73.15.

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

BOM:500378' s Days Payable Range Over the Past 10 Years
Min: 32.92 Med: 53.78 Max: 89.13
Current: 69.73

During the past 13 years, Jindalw's highest Days Payable was 89.13. The lowest was 32.92. And the median was 53.78.

BOM:500378's Days Payable is ranked better than
70.75% of 588 companies
in the Steel industry
Industry Median: 39.59 vs BOM:500378: 69.73

Jindalw's Days Payable increased from Dec. 2022 (56.69) to Dec. 2023 (73.15). It may suggest that Jindalw delayed paying its suppliers.

Jindalw Days Payable Historical Data

The historical data trend for Jindalw'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.

Jindalw Days Payable Chart

Jindalw Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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53.44

78.24

89.13

70.88

67.19

Jindalw 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															56.69	62.29	111.38	72.68	73.15

Competitive Comparison of Jindalw's Days Payable

For the Steel subindustry, Jindalw'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.

Jindalw's Days Payable Distribution in the Steel Industry

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

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

Jindalw 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.

Jindalw'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
=	( (15401.202	+	30053.928)	/	2 )	/	123456.293	*	365
=	22727.565					/	123456.293	*	365
=	67.19

Jindalw'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
=	( (25916.9	+	0)	/	1 )	/	32328.6	*	365 / 4
=	25916.9					/	32328.6	*	365 / 4
=	73.15

Jindalw Days Payable Related Terms

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Jindalw (BOM:500378) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Jindal Saw Ltd (BOM:500378) » Definitions » Days Payable

Comparable Companies

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JINDALSAW:India

Address

12 Bhikaiji Cama Place, Jindal Centre, New Delhi, IND, 110066

Website

https://www.jindalsaw.com

Jindal Saw Ltd is an Indian manufacturer and supplier of iron and steel pipes, fittings, and pellets. Its products can be used in oil and gas exploration, transportation, power generation, the supply of drinking water, drainage, and irrigation, as well as other industrial applications. It operates in two segments namely Iron and steel products and Waterways Logistics. The company operations are located in India, United States, Italy, United Arab Emirates, and Algeria. Geographically, it generates the majority of the revenue from India.

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