GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Tobacco Products » ITC Ltd (NSE:ITC) » Definitions » Days Payable

ITC (NSE:ITC) Days Payable : 56.69 (As of Mar. 2025)


View and export this data going back to 1995. Start your Free Trial

What is ITC Days Payable?

ITC's average Accounts Payable for the three months ended in Mar. 2025 was ₹48,073 Mil. ITC's Cost of Goods Sold for the three months ended in Mar. 2025 was ₹77,374 Mil. Hence, ITC's Days Payable for the three months ended in Mar. 2025 was 56.69.

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

NSE:ITC' s Days Payable Range Over the Past 10 Years
Min: 54.82   Med: 61.79   Max: 73.79
Current: 55.07

During the past 13 years, ITC's highest Days Payable was 73.79. The lowest was 54.82. And the median was 61.79.

NSE:ITC's Days Payable is ranked worse than
63.04% of 46 companies
in the Tobacco Products industry
Industry Median: 62.66 vs NSE:ITC: 55.07

ITC's Days Payable declined from Mar. 2024 (67.23) to Mar. 2025 (56.69). It may suggest that ITC accelerated paying its suppliers.


ITC Days Payable Historical Data

The historical data trend for ITC'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.

ITC Days Payable Chart

ITC Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 71.09 59.61 56.22 63.97 54.82

ITC Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 67.23 60.11 49.26 56.56 56.69

Competitive Comparison of ITC's Days Payable

For the Tobacco subindustry, ITC'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.


ITC's Days Payable Distribution in the Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, ITC's Days Payable distribution charts can be found below:

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


;
;

ITC 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.

ITC's Days Payable for the fiscal year that ended in Mar. 2025 is calculated as

Days Payable (A: Mar. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2024 ) + Accounts Payable (A: Mar. 2025 )) / count ) / Cost of Goods Sold (A: Mar. 2025 )*Days in Period
=( (47978.3 + 48073) / 2 ) / 319787.2*365
=48025.65 / 319787.2*365
=54.82

ITC's Days Payable for the quarter that ended in Mar. 2025 is calculated as:

Days Payable (Q: Mar. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2024 ) + Accounts Payable (Q: Mar. 2025 )) / count ) / Cost of Goods Sold (Q: Mar. 2025 )*Days in Period
=( (0 + 48073) / 1 ) / 77374.4*365 / 4
=48073 / 77374.4*365 / 4
=56.69

* 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.


ITC Days Payable Related Terms

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


ITC Business Description

Traded in Other Exchanges
Address
37 Jawaharlal Nehru Road, Virginia House, Kolkata, WB, IND, 700 071
ITC Ltd is an Indian conglomerate that predominantly operates in the consumer goods space, particularly cigarettes. The company operates in four main business segments: Fast Moving Consumer Goods; Hotels; Paperboards, Paper, and Packaging; and Agri-Business. Roughly three-quarters of the company's total revenue comes from the Fast Moving Consumer Goods Business, which is dominated by cigarettes but also includes branded packaged foods, personal care products, and other categories. The company generates the vast majority of its revenue in India.

ITC Headlines

From GuruFocus

ITC Holdings Corp. (ITC) President & CEO Joseph L Welch sells 131,691 Shares

By GuruFocus Research GuruFocus Editor 03-10-2011

ITC Holdings Corp. (ITC) EVP & COO Jon E Jipping sells 1,000 Shares

By GuruFocus Research GuruFocus Editor 11-16-2009

Mario Gabelli Comments on ITC Holdings Corp

By Holly LaFon Holly LaFon 05-03-2016

Baron Funds Comments on ITC Holdings Corp

By Holly LaFon 05-02-2014

9 Dividend Stocks Providing Positive Feedback

By Dividends4Life Dividends4Life 08-22-2011

Baron Funds Comments on ITC Holdings Corp

By Holly LaFon Holly LaFon 02-05-2016

Indian Tobacco Stocks Fall Amid Proposed Tax Hike

By GuruFocus News 12-03-2024

Baron Funds Comments on ITC Holdings Corp.

By Holly LaFon 08-18-2015

Baron Funds Comments on ITC Holdings Corp

By Holly LaFon 05-21-2014