Garden Reach Shipbuilders & Engineers (BOM:542011) Days Payable

: 205.04 (As of Dec. 2023)

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Garden Reach Shipbuilders & Engineers's average Accounts Payable for the three months ended in Dec. 2023 was ₹16,454 Mil. Garden Reach Shipbuilders & Engineers's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹7,323 Mil. Hence, Garden Reach Shipbuilders & Engineers's Days Payable for the three months ended in Dec. 2023 was 205.04.

The historical rank and industry rank for Garden Reach Shipbuilders & Engineers's Days Payable or its related term are showing as below:

BOM:542011' s Days Payable Range Over the Past 10 Years
Min: 105.14 Med: 184.6 Max: 395.78
Current: 188.94

During the past 11 years, Garden Reach Shipbuilders & Engineers's highest Days Payable was 395.78. The lowest was 105.14. And the median was 184.60.

BOM:542011's Days Payable is ranked better than
79.8% of 297 companies
in the Aerospace & Defense industry
Industry Median: 77.56 vs BOM:542011: 188.94

Garden Reach Shipbuilders & Engineers's Days Payable increased from Dec. 2022 (179.13) to Dec. 2023 (205.04). It may suggest that Garden Reach Shipbuilders & Engineers delayed paying its suppliers.

Garden Reach Shipbuilders & Engineers Days Payable Historical Data

The historical data trend for Garden Reach Shipbuilders & Engineers'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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Garden Reach Shipbuilders & Engineers Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

217.00

187.43

395.78

181.76

149.86

Garden Reach Shipbuilders & Engineers Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable																179.13	241.24	186.43	207.08	205.04

Competitive Comparison

For the Aerospace & Defense subindustry, Garden Reach Shipbuilders & Engineers'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.

Garden Reach Shipbuilders & Engineers Days Payable Distribution

For the Aerospace & Defense industry and Industrials sector, Garden Reach Shipbuilders & Engineers's Days Payable distribution charts can be found below:

* The bar in red indicates where Garden Reach Shipbuilders & Engineers's Days Payable falls into.

Garden Reach Shipbuilders & Engineers 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.

Garden Reach Shipbuilders & Engineers'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
=	( (4116.883	+	11738.674)	/	2 )	/	19309.189	*	365
=	7927.7785					/	19309.189	*	365
=	149.86

Garden Reach Shipbuilders & Engineers'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
=	( (16454.386	+	0)	/	1 )	/	7322.677	*	365 / 4
=	16454.386					/	7322.677	*	365 / 4
=	205.04

Garden Reach Shipbuilders & Engineers Days Payable Related Terms

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Garden Reach Shipbuilders & Engineers (BOM:542011) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Garden Reach Shipbuilders & Engineers Ltd (BOM:542011) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

GRSE:India

Address

61, Garden Reach Road, GRSE Bhavan, Kolkata, WB, IND, 700 024

Website

http://www.grse.in

Garden Reach Shipbuilders & Engineers Ltd is an India based shipbuilding company. It is mainly engaged in the engineering and engine production activities. The company offers products and services in three verticals including shipbuilding, engineering, and, engine production. Its product portfolio includes deck machinery items, pumps, portable steel bridges, boat davits, anchors, mooring and dock capstans, and engines.

Garden Reach Shipbuilders & Engineers (BOM:542011) Headlines

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