Exide Industries (BOM:500086) Days Payable : 89.79 (As of Mar. 2024)

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What is Exide Industries Days Payable?

Exide Industries's average Accounts Payable for the three months ended in Mar. 2024 was ₹27,077 Mil. Exide Industries's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹27,517 Mil. Hence, Exide Industries's Days Payable for the three months ended in Mar. 2024 was 89.79.

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

BOM:500086' s Days Payable Range Over the Past 10 Years
Min: 65.26 Med: 84.9 Max: 106.73
Current: 76.61

During the past 13 years, Exide Industries's highest Days Payable was 106.73. The lowest was 65.26. And the median was 84.90.

BOM:500086's Days Payable is ranked better than
58.41% of 1260 companies
in the Vehicles & Parts industry
Industry Median: 66.48 vs BOM:500086: 76.61

Exide Industries's Days Payable increased from Mar. 2023 (66.55) to Mar. 2024 (89.79). It may suggest that Exide Industries delayed paying its suppliers.

Exide Industries Days Payable Historical Data

The historical data trend for Exide Industries'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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Exide Industries Days Payable Chart

Exide Industries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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88.90

106.73

87.33

65.26

73.07

Exide Industries Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															66.55	56.40	80.17	89.32	89.79

Competitive Comparison of Exide Industries's Days Payable

For the Auto Parts subindustry, Exide Industries'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.

Exide Industries's Days Payable Distribution in the Vehicles & Parts Industry

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

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

Exide Industries 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.

Exide Industries's Days Payable for the fiscal year that ended in Mar. 2024 is calculated as

	Days Payable (A: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2023 )	+	Accounts Payable (A: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2024 )	*	Days in Period
=	( (18556.1	+	27077.4)	/	2 )	/	113975.9	*	365
=	22816.75					/	113975.9	*	365
=	73.07

Exide Industries's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (0	+	27077.4)	/	1 )	/	27517	*	365 / 4
=	27077.4					/	27517	*	365 / 4
=	89.79

Exide Industries Days Payable Related Terms

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Exide Industries (BOM:500086) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Exide Industries Ltd (BOM:500086) » Definitions » Days Payable

Traded in Other Exchanges

EXIDEIND:India

Address

59E, Chowringhee Road, Exide House, Kolkata, WB, IND, 700 020

Website

https://www.exideindustries.com

Exide Industries Ltd is an Indian manufacturer of batteries sold under the Exide brand. The company is an original equipment and aftermarket parts supplier of batteries for automotive companies operating out of India, including Mitsubishi, Hyundai, Honda, Toyota, Fiat, Renault, GM, Mahindra, Tata, Bajaj, Suzuki, and Hero. Exide Industries also provides batteries to the power, telecommunications, infrastructure, computer, railways, mining, and defense sectors. It operates in the given segment Storage batteries & allied products and Others. Virtually all of the company's revenue is generated in India.

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