PIX Transmissions (BOM:500333) Days Payable : 58.10 (As of Dec. 2023)

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What is PIX Transmissions Days Payable?

PIX Transmissions's average Accounts Payable for the three months ended in Dec. 2023 was ₹314 Mil. PIX Transmissions's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹493 Mil. Hence, PIX Transmissions's Days Payable for the three months ended in Dec. 2023 was 58.10.

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

BOM:500333' s Days Payable Range Over the Past 10 Years
Min: 43.45 Med: 68.23 Max: 132.5
Current: 43.45

During the past 13 years, PIX Transmissions's highest Days Payable was 132.50. The lowest was 43.45. And the median was 68.23.

BOM:500333's Days Payable is ranked worse than
76.36% of 2936 companies
in the Industrial Products industry
Industry Median: 76.705 vs BOM:500333: 43.45

PIX Transmissions's Days Payable increased from Dec. 2022 (38.96) to Dec. 2023 (58.10). It may suggest that PIX Transmissions delayed paying its suppliers.

PIX Transmissions Days Payable Historical Data

The historical data trend for PIX Transmissions'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.

PIX Transmissions Days Payable Chart

PIX Transmissions Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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60.90

63.96

65.04

56.30

44.86

PIX Transmissions 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															38.96	31.83	52.46	59.55	58.10

Competitive Comparison of PIX Transmissions's Days Payable

For the Specialty Industrial Machinery subindustry, PIX Transmissions'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.

PIX Transmissions's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, PIX Transmissions's Days Payable distribution charts can be found below:

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

PIX Transmissions 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.

PIX Transmissions'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
=	( (272.859	+	237.768)	/	2 )	/	2077.269	*	365
=	255.3135					/	2077.269	*	365
=	44.86

PIX Transmissions'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
=	( (313.877	+	0)	/	1 )	/	492.935	*	365 / 4
=	313.877					/	492.935	*	365 / 4
=	58.10

PIX Transmissions Days Payable Related Terms

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PIX Transmissions (BOM:500333) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » PIX Transmissions Ltd (BOM:500333) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

PIXTRANS:India

Address

One BKC, Bandra-Kurla Complex, 12th Floor, Unit No. 1208, B Wing, Bandra (East), Mumbai, MH, IND, 400 051

Website

https://www.pixtrans.com

PIX Transmissions Ltd is engaged in the manufacturing of belts and related mechanical power transmission products in India. The company offers belt products for various sectors such as industrial, agricultural, lawn and garden, automotive, and special application. It also offers other belts such as Ribbed / Poly-V Belts, Banded Belts, Industrial Belts, Agriculture Belts and Other.

PIX Transmissions (BOM:500333) Headlines

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