Wardwizard Innovations & Mobility (BOM:538970) Days Payable : 62.01 (As of Dec. 2023)

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What is Wardwizard Innovations & Mobility Days Payable?

Wardwizard Innovations & Mobility's average Accounts Payable for the three months ended in Dec. 2023 was ₹490 Mil. Wardwizard Innovations & Mobility's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹721 Mil. Hence, Wardwizard Innovations & Mobility's Days Payable for the three months ended in Dec. 2023 was 62.01.

The historical rank and industry rank for Wardwizard Innovations & Mobility's Days Payable or its related term are showing as below:

BOM:538970' s Days Payable Range Over the Past 10 Years
Min: 54.03 Med: 101.37 Max: 352.31
Current: 136.48

During the past 10 years, Wardwizard Innovations & Mobility's highest Days Payable was 352.31. The lowest was 54.03. And the median was 101.37.

BOM:538970's Days Payable is ranked better than
82.08% of 1261 companies
in the Vehicles & Parts industry
Industry Median: 65.67 vs BOM:538970: 136.48

Wardwizard Innovations & Mobility's Days Payable declined from Sep. 2022 (110.76) to Dec. 2023 (62.01). It may suggest that Wardwizard Innovations & Mobility accelerated paying its suppliers.

Wardwizard Innovations & Mobility Days Payable Historical Data

The historical data trend for Wardwizard Innovations & Mobility'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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Wardwizard Innovations & Mobility Days Payable Chart

Wardwizard Innovations & Mobility Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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352.31

54.03

91.62

111.11

Wardwizard Innovations & Mobility Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															110.76	106.54	118.19	124.37	62.01

Competitive Comparison of Wardwizard Innovations & Mobility's Days Payable

For the Auto Manufacturers subindustry, Wardwizard Innovations & Mobility'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.

Wardwizard Innovations & Mobility's Days Payable Distribution in the Vehicles & Parts Industry

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

* The bar in red indicates where Wardwizard Innovations & Mobility's Days Payable falls into.

Wardwizard Innovations & Mobility 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.

Wardwizard Innovations & Mobility'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
=	( (703.141	+	458.089)	/	2 )	/	1907.338	*	365
=	580.615					/	1907.338	*	365
=	111.11

Wardwizard Innovations & Mobility'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
=	( (489.777	+	0)	/	1 )	/	720.734	*	365 / 4
=	489.777					/	720.734	*	365 / 4
=	62.01

Wardwizard Innovations & Mobility Days Payable Related Terms

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

Wardwizard Innovations & Mobility (BOM:538970) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Wardwizard Innovations & Mobility Ltd (BOM:538970) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Survey 26/2, Ajwa Road, Opposite Pooja Farm Sayajipura, Vadodara, GJ, IND, 390019

Website

https://www.wardwizard.in

Wardwizard Innovations & Mobility Ltd and its subsidiary are engaged in the manufacturing and selling of transport equipment. It operates through the following segments: Joy E-Bike; Vyom Innovations and Sale of services. Geographically it generates a majority of revenue from India.

Wardwizard Innovations & Mobility (BOM:538970) Headlines

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