Kinetic Engineering (BOM:500240) Days Payable : 243.22 (As of Dec. 2024)

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What is Kinetic Engineering Days Payable?

Kinetic Engineering's average Accounts Payable for the three months ended in Dec. 2024 was ₹431 Mil. Kinetic Engineering's Cost of Goods Sold for the three months ended in Dec. 2024 was ₹162 Mil. Hence, Kinetic Engineering's Days Payable for the three months ended in Dec. 2024 was 243.22.

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

BOM:500240' s Days Payable Range Over the Past 10 Years
Min: 189.36 Med: 223.7 Max: 339.72
Current: 189.36

During the past 13 years, Kinetic Engineering's highest Days Payable was 339.72. The lowest was 189.36. And the median was 223.70.

BOM:500240's Days Payable is ranked better than
91.07% of 1288 companies
in the Vehicles & Parts industry
Industry Median: 65.45 vs BOM:500240: 189.36

Kinetic Engineering's Days Payable increased from Dec. 2023 (195.51) to Dec. 2024 (243.22). It may suggest that Kinetic Engineering delayed paying its suppliers.

Kinetic Engineering Days Payable Historical Data

The historical data trend for Kinetic Engineering'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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Kinetic Engineering Days Payable Chart

Kinetic Engineering Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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243.46

339.72

232.36

215.03

195.43

Kinetic Engineering Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Payable	Get a 7-Day Free Trial															195.51	170.03	177.88	201.17	243.22

Competitive Comparison of Kinetic Engineering's Days Payable

For the Auto Parts subindustry, Kinetic Engineering'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.

Kinetic Engineering's Days Payable Distribution in the Vehicles & Parts Industry

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

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

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Kinetic Engineering 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.

Kinetic Engineering'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
=	( (425.38	+	421.644)	/	2 )	/	790.986	*	365
=	423.512					/	790.986	*	365
=	195.43

Kinetic Engineering's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

	Days Payable (Q: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2024 )	+	Accounts Payable (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (431	+	0)	/	1 )	/	161.7	*	365 / 4
=	431					/	161.7	*	365 / 4
=	243.22

Kinetic Engineering Days Payable Related Terms

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Kinetic Engineering Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Kinetic Engineering Ltd (BOM:500240) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

D-1 Block, MIDC, Plot No. 18/2, Kinetic Innovation Park, Chinchwad, Pune, MH, IND, 411019

Website

https://www.kineticindia.com

Kinetic Engineering Ltd operates in the automobile industry. The company is engaged in the manufacturing and distribution of automotive components. Its vertically integrated facility produces forgings, gears, shafts, gear boxes, rigid axles for electric vehicles, and chassis, catering to International and domestic clients to build a growing auto components and auto system business.

Kinetic Engineering Headlines

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