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Greaves Cotton (BOM:501455) Days Payable : 77.53 (As of Mar. 2024)


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What is Greaves Cotton Days Payable?

Greaves Cotton's average Accounts Payable for the three months ended in Mar. 2024 was ₹3,854 Mil. Greaves Cotton's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹4,536 Mil. Hence, Greaves Cotton's Days Payable for the three months ended in Mar. 2024 was 77.53.

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

BOM:501455' s Days Payable Range Over the Past 10 Years
Min: 58.6   Med: 77.2   Max: 110.15
Current: 84.81

During the past 13 years, Greaves Cotton's highest Days Payable was 110.15. The lowest was 58.60. And the median was 77.20.

BOM:501455's Days Payable is ranked better than
55.27% of 2929 companies
in the Industrial Products industry
Industry Median: 76.43 vs BOM:501455: 84.81

Greaves Cotton's Days Payable increased from Mar. 2023 (65.48) to Mar. 2024 (77.53). It may suggest that Greaves Cotton delayed paying its suppliers.


Greaves Cotton Days Payable Historical Data

The historical data trend for Greaves Cotton'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.

Greaves Cotton Days Payable Chart

Greaves Cotton Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 85.78 110.15 106.09 75.95 83.85

Greaves Cotton Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 65.48 100.09 77.50 88.69 77.53

Competitive Comparison of Greaves Cotton's Days Payable

For the Specialty Industrial Machinery subindustry, Greaves Cotton'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.


Greaves Cotton's Days Payable Distribution in the Industrial Products Industry

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

* The bar in red indicates where Greaves Cotton's Days Payable falls into.



Greaves Cotton 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.

Greaves Cotton'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
=( (4413.6 + 3854.1) / 2 ) / 17994.1*365
=4133.85 / 17994.1*365
=83.85

Greaves Cotton's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

Days Payable (Q: Mar. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2023 ) + Accounts Payable (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (0 + 3854.1) / 1 ) / 4536*365 / 4
=3854.1 / 4536*365 / 4
=77.53

* 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.


Greaves Cotton Days Payable Related Terms

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Greaves Cotton (BOM:501455) Business Description

Traded in Other Exchanges
Address
LBS Marg, Kurla (West), Unit No. 1A, 5th Floor, Tower 3, Equinox Business Park, Mumbai, MH, IND, 400 070
Greaves Cotton Ltd is a diversified engineering company. The company is a manufacturer and marketer of diesel engines, petrol engines, generator sets, pump sets, and construction equipment. Its product is used in automotive, marine, farm, construction and industrial applications. The company's operating segment includes Engines, Electric mobility and Others. The Engine segment includes the application of engines in farm equipment and gensets. It generates maximum revenue from the Engines segment. Geographically, it derives a majority of revenue from India.

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