Tata Motors (Tata Motors) Days Payable : 108.06 (As of Dec. 2023)

View and export this data going back to 2004. Start your Free Trial

What is Tata Motors Days Payable?

Tata Motors's average Accounts Payable for the three months ended in Dec. 2023 was $9,712 Mil. Tata Motors's Cost of Goods Sold for the three months ended in Dec. 2023 was $8,201 Mil. Hence, Tata Motors's Days Payable for the three months ended in Dec. 2023 was 108.06.

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

TTM' s Days Payable Range Over the Past 10 Years
Min: 124.58 Med: 140.89 Max: 908.79
Current: 387.53

During the past 13 years, Tata Motors's highest Days Payable was 908.79. The lowest was 124.58. And the median was 140.89.

TTM's Days Payable is ranked better than
97.3% of 1261 companies
in the Vehicles & Parts industry
Industry Median: 65.67 vs TTM: 387.53

Tata Motors's Days Payable increased from Dec. 2022 (106.09) to Dec. 2023 (108.06). It may suggest that Tata Motors delayed paying its suppliers.

Tata Motors Days Payable Historical Data

The historical data trend for Tata Motors'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.

Tata Motors Days Payable Chart

Tata Motors Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

Get a 7-Day Free Trial

149.36

163.80

168.32

909.11

942.72

Tata Motors Quarterly Data
	Mar13	Dec13	Mar14	Dec14	Mar15	Mar16	Mar17	Mar18	Mar19	Mar20	Mar21	Sep21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															106.09	-	113.32	110.02	108.06

Competitive Comparison of Tata Motors's Days Payable

For the Auto Manufacturers subindustry, Tata Motors'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.

Tata Motors's Days Payable Distribution in the Vehicles & Parts Industry

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

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

Tata Motors 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.

Tata Motors'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
=	( (9154.836	+	9633.54)	/	2 )	/	3637.226	*	365
=	9394.188					/	3637.226	*	365
=	942.72

Tata Motors'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
=	( (9711.693	+	0)	/	1 )	/	8201.128	*	365 / 4
=	9711.693					/	8201.128	*	365 / 4
=	108.06

Tata Motors Days Payable Related Terms

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

Tata Motors (Tata Motors) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Tata Motors Ltd (NYSE:TTM) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

TATAMTRDVR:India TATAMOTORS:India 570001:India 500570:India

Address

24, Homi Mody Street, Bombay House, Mumbai, MH, IND, 400 001

Website

https://www.tatamotors.com

Tata Motors Ltd is an automobile manufacturer company. The company's segment includes Automotive and others. The Automotive segment consists of four reportable sub-segments: Tata Commercial Vehicles, Tata Passenger Vehicles, Jaguar Land Rover, and Vehicle Financing. Others consist of IT services and Insurance Broking services. Geographically, it derives a majority of its revenue from India.