GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Bhatia Communications & Retail (India) Ltd (BOM:540956) » Definitions » Days Payable

Bhatia Communications & Retail (India) (BOM:540956) Days Payable : 7.13 (As of Dec. 2023)


View and export this data going back to 2018. Start your Free Trial

What is Bhatia Communications & Retail (India) Days Payable?

Bhatia Communications & Retail (India)'s average Accounts Payable for the three months ended in Dec. 2023 was ₹83 Mil. Bhatia Communications & Retail (India)'s Cost of Goods Sold for the three months ended in Dec. 2023 was ₹1,063 Mil. Hence, Bhatia Communications & Retail (India)'s Days Payable for the three months ended in Dec. 2023 was 7.13.

The historical rank and industry rank for Bhatia Communications & Retail (India)'s Days Payable or its related term are showing as below:

BOM:540956' s Days Payable Range Over the Past 10 Years
Min: 7.1   Med: 28.37   Max: 50.94
Current: 7.1

During the past 11 years, Bhatia Communications & Retail (India)'s highest Days Payable was 50.94. The lowest was 7.10. And the median was 28.37.

BOM:540956's Days Payable is ranked worse than
99.17% of 2421 companies
in the Hardware industry
Industry Median: 67.93 vs BOM:540956: 7.10

Bhatia Communications & Retail (India)'s Days Payable increased from Dec. 2022 (3.80) to Dec. 2023 (7.13). It may suggest that Bhatia Communications & Retail (India) delayed paying its suppliers.


Bhatia Communications & Retail (India) Days Payable Historical Data

The historical data trend for Bhatia Communications & Retail (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.

Bhatia Communications & Retail (India) Days Payable Chart

Bhatia Communications & Retail (India) Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26.77 23.70 22.12 17.31 12.87

Bhatia Communications & Retail (India) Quarterly Data
Mar18 Sep18 Mar19 Sep19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.80 10.89 9.52 8.25 7.13

Competitive Comparison of Bhatia Communications & Retail (India)'s Days Payable

For the Electronics & Computer Distribution subindustry, Bhatia Communications & Retail (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.


Bhatia Communications & Retail (India)'s Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Bhatia Communications & Retail (India)'s Days Payable distribution charts can be found below:

* The bar in red indicates where Bhatia Communications & Retail (India)'s Days Payable falls into.



Bhatia Communications & Retail (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.

Bhatia Communications & Retail (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
=( (123.975 + 97.572) / 2 ) / 3141.03*365
=110.7735 / 3141.03*365
=12.87

Bhatia Communications & Retail (India)'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
=( (83.044 + 0) / 1 ) / 1063.343*365 / 4
=83.044 / 1063.343*365 / 4
=7.13

* 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.


Bhatia Communications & Retail (India) Days Payable Related Terms

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


Bhatia Communications & Retail (India) (BOM:540956) Business Description

Traded in Other Exchanges
N/A
Address
Ring Road, 132, Dr. Ambedkar Shopping Centre, Surat, GJ, IND, 395002
Bhatia Communications & Retail (India) Ltd is the distributor of mobile handsets and accessories. The firm is engaged in the retail and wholesale distribution of mobile handsets, tablets, data cards and mobile accessories through retail and franchised stores. The business segment includes: It is a growth-oriented company selling multi-product brands that also operates under stores and sells electronic appliances such as television, refrigerators, air conditioners, coolers, washing machines, and microwaves. Bhatia Communications markets and sells its product under the brands: Apple iPhone, Samsung, OPPO, VIVO, etc. Substantial revenue accrues from owned retail stores. It also offers technical expertise and guide to customers to buy the right product as per their needs.

Bhatia Communications & Retail (India) (BOM:540956) Headlines

No Headlines