Indian Railway Catering And Tourism (NSE:IRCTC) Days Payable

: 88.90 (As of Dec. 2023)

View and export this data going back to 2019. Start your Free Trial

Indian Railway Catering And Tourism's average Accounts Payable for the three months ended in Dec. 2023 was ₹6,817 Mil. Indian Railway Catering And Tourism's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹6,997 Mil. Hence, Indian Railway Catering And Tourism's Days Payable for the three months ended in Dec. 2023 was 88.90.

The historical rank and industry rank for Indian Railway Catering And Tourism's Days Payable or its related term are showing as below:

NSE:IRCTC' s Days Payable Range Over the Past 10 Years
Min: 48.17 Med: 54.11 Max: 274.26
Current: 111.97

During the past 7 years, Indian Railway Catering And Tourism's highest Days Payable was 274.26. The lowest was 48.17. And the median was 54.11.

NSE:IRCTC's Days Payable is ranked better than
85.78% of 935 companies
in the Transportation industry
Industry Median: 39.62 vs NSE:IRCTC: 111.97

Indian Railway Catering And Tourism's Days Payable declined from Dec. 2022 (108.36) to Dec. 2023 (88.90). It may suggest that Indian Railway Catering And Tourism accelerated paying its suppliers.

Indian Railway Catering And Tourism Days Payable Historical Data

The historical data trend for Indian Railway Catering And Tourism'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.

Indian Railway Catering And Tourism Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

51.67

48.17

274.26

272.33

146.16

Indian Railway Catering And Tourism Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable																108.36	154.41	136.17	102.74	88.90

Competitive Comparison

For the Railroads subindustry, Indian Railway Catering And Tourism'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.

Indian Railway Catering And Tourism Days Payable Distribution

For the Transportation industry and Industrials sector, Indian Railway Catering And Tourism's Days Payable distribution charts can be found below:

* The bar in red indicates where Indian Railway Catering And Tourism's Days Payable falls into.

Indian Railway Catering And Tourism 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.

Indian Railway Catering And Tourism'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
=	( (7591.155	+	9406.882)	/	2 )	/	21223.877	*	365
=	8499.0185					/	21223.877	*	365
=	146.16

Indian Railway Catering And Tourism'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
=	( (6817.309	+	0)	/	1 )	/	6997.168	*	365 / 4
=	6817.309					/	6997.168	*	365 / 4
=	88.90

Indian Railway Catering And Tourism Days Payable Related Terms

Thank you for viewing the detailed overview of Indian Railway Catering And Tourism's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Indian Railway Catering And Tourism (NSE:IRCTC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Indian Railway Catering And Tourism Corp Ltd (NSE:IRCTC) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

542830:India

Address

Barakhamba Road, B-148, 11th Floor, Statesman House, New Delhi, IND, 110001

Website

https://www.irctc.com

Indian Railway Catering And Tourism Corp Ltd is engaged in catering and hospitality services at stations, on trains, and other locations and to promote domestic and international tourism through the development of budget hotels, special tour packages, information and commercial publicity, and global reservation systems. The company's core services include Catering and Hospitality, Internet Ticketing, Travel and Tourism, and Packaged Drinking Water. A vast majority of its revenues are derived from the Catering business.

Indian Railway Catering And Tourism (NSE:IRCTC) Headlines

No Headlines