Goodyear India (BOM:500168) Days Payable : 108.49 (As of Dec. 2023)

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What is Goodyear India Days Payable?

Goodyear India's average Accounts Payable for the three months ended in Dec. 2023 was ₹5,002 Mil. Goodyear India's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹4,207 Mil. Hence, Goodyear India's Days Payable for the three months ended in Dec. 2023 was 108.49.

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

BOM:500168' s Days Payable Range Over the Past 10 Years
Min: 1.13 Med: 84.7 Max: 103.73
Current: 100.1

During the past 13 years, Goodyear India's highest Days Payable was 103.73. The lowest was 1.13. And the median was 84.70.

BOM:500168's Days Payable is ranked better than
72.12% of 1259 companies
in the Vehicles & Parts industry
Industry Median: 65.87 vs BOM:500168: 100.10

Goodyear India's Days Payable increased from Dec. 2022 (102.37) to Dec. 2023 (108.49). It may suggest that Goodyear India delayed paying its suppliers.

Goodyear India Days Payable Historical Data

The historical data trend for Goodyear India'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.

Goodyear India Days Payable Chart

Goodyear India Annual Data

Trend

Dec13

Dec14

Dec15

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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99.24

92.93

103.73

92.89

80.16

Goodyear India 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															102.37	93.68	84.51	92.05	108.49

Competitive Comparison of Goodyear India's Days Payable

For the Auto Parts subindustry, Goodyear India'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.

Goodyear India's Days Payable Distribution in the Vehicles & Parts Industry

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

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

Goodyear India 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.

Goodyear India'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
=	( (4831.4	+	4793.2)	/	2 )	/	21911.9	*	365
=	4812.3					/	21911.9	*	365
=	80.16

Goodyear India'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
=	( (5002.2	+	0)	/	1 )	/	4207.4	*	365 / 4
=	5002.2					/	4207.4	*	365 / 4
=	108.49

Goodyear India Days Payable Related Terms

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Goodyear India (BOM:500168) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Goodyear India Ltd (BOM:500168) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

1st Floor, ABW Elegance Tower, Plot No. 8, Commercial Centre, Jasola, New Delhi, IND, 110 025

Website

https://www.goodyear.co.in

Goodyear India Ltd is an Indian company. The company is engaged in the business of manufacturing and trading tyres, tubes, and flaps. It sells tyres of its own brand Goodyear. Geographically, it derives a majority of revenue from India. Its only operating segment is Automotive tyres, tubes, and flaps. It generates maximum revenue from Tyres products.

Goodyear India (BOM:500168) Headlines

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