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Hindustan Aeronautics (BOM:541154) Days Payable : 120.01 (As of Dec. 2023)


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What is Hindustan Aeronautics Days Payable?

Hindustan Aeronautics's average Accounts Payable for the three months ended in Dec. 2023 was ₹35,538 Mil. Hindustan Aeronautics's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹27,022 Mil. Hence, Hindustan Aeronautics's Days Payable for the three months ended in Dec. 2023 was 120.01.

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

BOM:541154' s Days Payable Range Over the Past 10 Years
Min: 71.64   Med: 95.26   Max: 138.91
Current: 110.14

During the past 11 years, Hindustan Aeronautics's highest Days Payable was 138.91. The lowest was 71.64. And the median was 95.26.

BOM:541154's Days Payable is ranked better than
63.97% of 297 companies
in the Aerospace & Defense industry
Industry Median: 77.75 vs BOM:541154: 110.14

Hindustan Aeronautics's Days Payable increased from Dec. 2022 (104.22) to Dec. 2023 (120.01). It may suggest that Hindustan Aeronautics delayed paying its suppliers.


Hindustan Aeronautics Days Payable Historical Data

The historical data trend for Hindustan Aeronautics'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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Hindustan Aeronautics Days Payable Chart

Hindustan Aeronautics 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 98.20 138.91 110.15 92.56 109.88

Hindustan Aeronautics 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 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 104.22 63.16 310.25 152.38 120.01

Competitive Comparison of Hindustan Aeronautics's Days Payable

For the Aerospace & Defense subindustry, Hindustan Aeronautics'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.


Hindustan Aeronautics's Days Payable Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Hindustan Aeronautics's Days Payable distribution charts can be found below:

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



Hindustan Aeronautics 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.

Hindustan Aeronautics'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
=( (25576.1 + 31349.7) / 2 ) / 94551.2*365
=28462.9 / 94551.2*365
=109.88

Hindustan Aeronautics'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
=( (35538.1 + 0) / 1 ) / 27021.5*365 / 4
=35538.1 / 27021.5*365 / 4
=120.01

* 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.


Hindustan Aeronautics Days Payable Related Terms

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Hindustan Aeronautics (BOM:541154) Business Description

Traded in Other Exchanges
Address
No. 15/1 Cubbon Road, Bengaluru, KA, IND, 560 001
Hindustan Aeronautics Ltd operates in the aerospace and defense sector. The company is engaged in the design, manufacturing, and development of products like aircraft, helicopters, systems and accessories, power plants, avionics, materials like castings, rolled rings, rubber products, and aerospace which include structures, tanks, and cryogenic engines. Geographically the company derives revenue from India and other countries, of which a majority of revenue is generated from India.

Hindustan Aeronautics (BOM:541154) Headlines

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