Delton Cables (BOM:504240) Days Payable : 56.99 (As of Dec. 2023)

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What is Delton Cables Days Payable?

Delton Cables's average Accounts Payable for the three months ended in Dec. 2023 was ₹547 Mil. Delton Cables's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹875 Mil. Hence, Delton Cables's Days Payable for the three months ended in Dec. 2023 was 56.99.

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

BOM:504240' s Days Payable Range Over the Past 10 Years
Min: 51.59 Med: 102.82 Max: 166.83
Current: 51.59

During the past 13 years, Delton Cables's highest Days Payable was 166.83. The lowest was 51.59. And the median was 102.82.

BOM:504240's Days Payable is ranked worse than
68.5% of 2933 companies
in the Industrial Products industry
Industry Median: 76.41 vs BOM:504240: 51.59

Delton Cables's Days Payable increased from Dec. 2022 (45.11) to Dec. 2023 (56.99). It may suggest that Delton Cables delayed paying its suppliers.

Delton Cables Days Payable Historical Data

The historical data trend for Delton Cables'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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Delton Cables Days Payable Chart

Delton Cables Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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166.83

99.08

89.80

74.54

55.75

Delton Cables 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															45.11	49.17	65.12	71.81	56.99

Competitive Comparison of Delton Cables's Days Payable

For the Electrical Equipment & Parts subindustry, Delton Cables'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.

Delton Cables's Days Payable Distribution in the Industrial Products Industry

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

* The bar in red indicates where Delton Cables's Days Payable falls into.

Delton Cables 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.

Delton Cables'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
=	( (295.87	+	392.764)	/	2 )	/	2254.116	*	365
=	344.317					/	2254.116	*	365
=	55.75

Delton Cables'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
=	( (546.617	+	0)	/	1 )	/	875.284	*	365 / 4
=	546.617					/	875.284	*	365 / 4
=	56.99

Delton Cables Days Payable Related Terms

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Delton Cables (BOM:504240) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Delton Cables Ltd (BOM:504240) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

Bharat Ram Road, Delton House, 4801, 24, Darya Ganj, New Delhi, IND, 110002

Website

https://www.deltoncables.com

Delton Cables Ltd manufactures and supplies wires, cables, and switchgear in India and internationally. It offers wires and cables for various applications, such as power and control, indoor telephone, instrumentation, high temperature, compensating, and zero halogen. The company also provides switchgear, including miniature circuit breakers (MCBs), DC MCBs, MCB isolators, residual current circuit breakers, and offload changeover switches. In addition, it offers distribution boards. It earns the majority of its revenue from selling cables and switchgear items in Domestic markets.

Delton Cables (BOM:504240) Headlines

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