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Escorts Kubota (BOM:500495) Days Payable : 74.91 (As of Dec. 2023)


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What is Escorts Kubota Days Payable?

Escorts Kubota's average Accounts Payable for the three months ended in Dec. 2023 was ₹13,324 Mil. Escorts Kubota's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹16,231 Mil. Hence, Escorts Kubota's Days Payable for the three months ended in Dec. 2023 was 74.91.

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

BOM:500495' s Days Payable Range Over the Past 10 Years
Min: 48.74   Med: 87.02   Max: 100.09
Current: 68.43

During the past 13 years, Escorts Kubota's highest Days Payable was 100.09. The lowest was 48.74. And the median was 87.02.

BOM:500495's Days Payable is ranked worse than
52.2% of 205 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 70.05 vs BOM:500495: 68.43

Escorts Kubota's Days Payable increased from Dec. 2022 (69.10) to Dec. 2023 (74.91). It may suggest that Escorts Kubota delayed paying its suppliers.


Escorts Kubota Days Payable Historical Data

The historical data trend for Escorts Kubota'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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Escorts Kubota Days Payable Chart

Escorts Kubota Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 86.88 100.09 79.35 60.21 48.74

Escorts Kubota 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 69.10 51.19 52.69 87.14 74.91

Competitive Comparison of Escorts Kubota's Days Payable

For the Farm & Heavy Construction Machinery subindustry, Escorts Kubota'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.


Escorts Kubota's Days Payable Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Escorts Kubota's Days Payable distribution charts can be found below:

* The bar in red indicates where Escorts Kubota's Days Payable falls into.



Escorts Kubota 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.

Escorts Kubota'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
=( (7143.9 + 9495.7) / 2 ) / 62302.1*365
=8319.8 / 62302.1*365
=48.74

Escorts Kubota'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
=( (13324.1 + 0) / 1 ) / 16231.1*365 / 4
=13324.1 / 16231.1*365 / 4
=74.91

* 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.


Escorts Kubota Days Payable Related Terms

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Escorts Kubota (BOM:500495) Business Description

Traded in Other Exchanges
Address
15/5, Mathura Road, Faridabad, HR, IND, 121 003
Escorts Kubota Ltd is an Indian company manufacturing agricultural tractors and construction equipment. It manufactures engines for agricultural tractors, earth moving and material handling equipment, round and flat tubes, heating elements, and other machines. The company's operating segments include Agri machinery products, Construction equipment, Railway equipment, and Others. It generates maximum revenue from the Agri machinery products segment. Geographically, it derives a majority of its revenue from India. The company also trades in oils and lubricants, compressor accessories and spares, and others.

Escorts Kubota (BOM:500495) Headlines

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