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Indus Motor Co (KAR:INDU) Days Payable : 197.02 (As of Dec. 2023)


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What is Indus Motor Co Days Payable?

Indus Motor Co's average Accounts Payable for the three months ended in Dec. 2023 was ₨36,320 Mil. Indus Motor Co's Cost of Goods Sold for the three months ended in Dec. 2023 was ₨16,821 Mil. Hence, Indus Motor Co's Days Payable for the three months ended in Dec. 2023 was 197.02.

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

KAR:INDU' s Days Payable Range Over the Past 10 Years
Min: 14.27   Med: 25.3   Max: 104.07
Current: 104.07

During the past 13 years, Indus Motor Co's highest Days Payable was 104.07. The lowest was 14.27. And the median was 25.30.

KAR:INDU's Days Payable is ranked better than
73.79% of 1263 companies
in the Vehicles & Parts industry
Industry Median: 65.48 vs KAR:INDU: 104.07

Indus Motor Co's Days Payable increased from Dec. 2022 (80.08) to Dec. 2023 (197.02). It may suggest that Indus Motor Co delayed paying its suppliers.

Indus Motor Co Days Payable Historical Data

The historical data trend for Indus Motor Co'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.

Indus Motor Co Days Payable Chart

Indus Motor Co Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.18 24.48 14.27 20.62 39.75

Indus Motor Co 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 80.08 91.17 79.45 88.76 197.02

Competitive Comparison of Indus Motor Co's Days Payable

For the Auto Manufacturers subindustry, Indus Motor Co'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.

Indus Motor Co's Days Payable Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Indus Motor Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Indus Motor Co's Days Payable falls into.


Indus Motor Co 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.

Indus Motor Co's Days Payable for the fiscal year that ended in Jun. 2023 is calculated as

Days Payable (A: Jun. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jun. 2022 ) + Accounts Payable (A: Jun. 2023 )) / count ) / Cost of Goods Sold (A: Jun. 2023 )*Days in Period
=( (19772.362 + 17216.585) / 2 ) / 169810.565*365
=18494.4735 / 169810.565*365
=39.75

Indus Motor Co'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
=( (39921.485 + 32718.519) / 2 ) / 16821.361*365 / 4
=36320.002 / 16821.361*365 / 4
=197.02

* 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.

Indus Motor Co Days Payable Related Terms

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Indus Motor Co (KAR:INDU) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Indus Motor Co Ltd (KAR:INDU) » Definitions » Days Payable
Comparable Companies
KAR:ATLH KAR:PSMC KAR:HCAR KAR:GHNI TSLA TSE:7203 SZSE:002594 XTER:MBG XTER:BMW STLA XTER:VOW3 MIL:RACE TSE:7267 F NSE:MARUTI GM LI XKRX:005380 HKSE:02333 NSE:TATAMOTORS
Traded in Other Exchanges
N/A
Address
Plot No. N.W.Z/1/P-1, Port Qasim Authority, Bin Qasim, Karachi, SD, PAK
Website
https://www.toyota-indus.com
Indus Motor Co Ltd manufactures and markets Toyota brand vehicles in Pakistan. It offers passenger cars, light commercial vehicles, and sports utility under Corolla, Hilux, and Fortuner brand names. In addition, the company also offers parts, lubricants, and chemicals, as well as after-sales services.