Indo-National (BOM:504058) Days Payable : 72.72 (As of Mar. 2024)

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What is Indo-National Days Payable?

Indo-National's average Accounts Payable for the three months ended in Mar. 2024 was ₹730 Mil. Indo-National's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹916 Mil. Hence, Indo-National's Days Payable for the three months ended in Mar. 2024 was 72.72.

The historical rank and industry rank for Indo-National's Days Payable or its related term are showing as below:

BOM:504058' s Days Payable Range Over the Past 10 Years
Min: 27.78 Med: 64.69 Max: 79.39
Current: 67.54

During the past 13 years, Indo-National's highest Days Payable was 79.39. The lowest was 27.78. And the median was 64.69.

BOM:504058's Days Payable is ranked worse than
57.02% of 2929 companies
in the Industrial Products industry
Industry Median: 76.43 vs BOM:504058: 67.54

Indo-National's Days Payable increased from Mar. 2023 (70.77) to Mar. 2024 (72.72). It may suggest that Indo-National delayed paying its suppliers.

Indo-National Days Payable Historical Data

The historical data trend for Indo-National'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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Indo-National Days Payable Chart

Indo-National Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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77.47

79.39

63.81

64.36

70.06

Indo-National 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															70.77	78.75	56.33	60.36	72.72

Competitive Comparison of Indo-National's Days Payable

For the Electrical Equipment & Parts subindustry, Indo-National'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.

Indo-National's Days Payable Distribution in the Industrial Products Industry

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

* The bar in red indicates where Indo-National's Days Payable falls into.

Indo-National 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.

Indo-National'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
=	( (691.283	+	730.231)	/	2 )	/	3703.077	*	365
=	710.757					/	3703.077	*	365
=	70.06

Indo-National'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	+	730.231)	/	1 )	/	916.294	*	365 / 4
=	730.231					/	916.294	*	365 / 4
=	72.72

Indo-National Days Payable Related Terms

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Indo-National (BOM:504058) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Indo-National Ltd (BOM:504058) » Definitions » Days Payable

Traded in Other Exchanges

NIPPOBATRY:India

Address

Nungambakkam High Road, Pottipati Plaza, 3rd Floor, Door No.77, Nungambakkam, Chennai, TN, IND, 600 034

Website

https://www.nippo.in

Indo-National Ltd manufactures and sells dry cell batteries and lighting products in India. It offers AA, AAA, C, and D, alkaline, and 9V batteries; torches; and emergency power products. The company also provides cylindrical and square LED downlights, LED panel lights, LED downlights, LED spotlights, LED tube lights, LED bulbs, LED floodlights, and grid-based LED streetlights. It operates in one reportable segment including Consumer Goods.

Indo-National (BOM:504058) Headlines

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