Mahindra & Mahindra (BOM:500520) Days Payable : 110.79 (As of Sep. 2023)

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What is Mahindra & Mahindra Days Payable?

Mahindra & Mahindra's average Accounts Payable for the six months ended in Sep. 2023 was ₹251,381 Mil. Mahindra & Mahindra's Cost of Goods Sold for the six months ended in Sep. 2023 was ₹414,087 Mil. Hence, Mahindra & Mahindra's Days Payable for the six months ended in Sep. 2023 was 110.79.

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

BOM:500520' s Days Payable Range Over the Past 10 Years
Min: 95.91 Med: 110.02 Max: 171.13
Current: 110.25

During the past 13 years, Mahindra & Mahindra's highest Days Payable was 171.13. The lowest was 95.91. And the median was 110.02.

BOM:500520's Days Payable is ranked better than
75.81% of 1261 companies
in the Vehicles & Parts industry
Industry Median: 65.85 vs BOM:500520: 110.25

Mahindra & Mahindra's Days Payable increased from Sep. 2022 (105.13) to Sep. 2023 (110.79). It may suggest that Mahindra & Mahindra delayed paying its suppliers.

Mahindra & Mahindra Days Payable Historical Data

The historical data trend for Mahindra & Mahindra'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.

Mahindra & Mahindra Days Payable Chart

Mahindra & Mahindra Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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119.09

171.13

144.63

120.92

104.82

Mahindra & Mahindra Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Payable	Get a 7-Day Free Trial															129.27	107.38	105.13	108.79	110.79

Competitive Comparison of Mahindra & Mahindra's Days Payable

For the Auto Manufacturers subindustry, Mahindra & Mahindra'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.

Mahindra & Mahindra's Days Payable Distribution in the Vehicles & Parts Industry

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

* The bar in red indicates where Mahindra & Mahindra's Days Payable falls into.

Mahindra & Mahindra 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.

Mahindra & Mahindra'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
=	( (190365.5	+	238356.6)	/	2 )	/	746456.1	*	365
=	214361.05					/	746456.1	*	365
=	104.82

Mahindra & Mahindra's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

	Days Payable (Q: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (238356.6	+	264406.1)	/	2 )	/	414087.2	*	365 / 2
=	251381.35					/	414087.2	*	365 / 2
=	110.79

Mahindra & Mahindra Days Payable Related Terms

Thank you for viewing the detailed overview of Mahindra & Mahindra's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Mahindra & Mahindra (BOM:500520) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Mahindra & Mahindra Ltd (BOM:500520) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

MAHMF:USA M&M:India MHIDl:UK MHID:UK MOM:Germany

Address

Dr. G. M. Bhosale Marg, Mahindra Towers, 5th Floor, Worli, Mumbai, MH, IND, 400 018

Website

https://www.mahindra.com

Mahindra & Mahindra Ltd is a holding company. The company's segment includes Automotive; Farm Equipment and others. It generates maximum revenue from the Automotive segment. The Automotive segment comprises of sale of automobiles, spares, mobility solutions, construction equipments, and related services. Geographically, it derives a majority of revenue from India.

Mahindra & Mahindra (BOM:500520) Headlines

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