Atlas Cycles (Haryana) (BOM:505029) Days Payable : 6,724.13 (As of Dec. 2023)

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What is Atlas Cycles (Haryana) Days Payable?

Atlas Cycles (Haryana)'s average Accounts Payable for the three months ended in Dec. 2023 was ₹1,021.18 Mil. Atlas Cycles (Haryana)'s Cost of Goods Sold for the three months ended in Dec. 2023 was ₹13.86 Mil. Hence, Atlas Cycles (Haryana)'s Days Payable for the three months ended in Dec. 2023 was 6,724.13.

The historical rank and industry rank for Atlas Cycles (Haryana)'s Days Payable or its related term are showing as below:

BOM:505029' s Days Payable Range Over the Past 10 Years
Min: 77.52 Med: 98.06 Max: 11175.7
Current: 11175.7

During the past 13 years, Atlas Cycles (Haryana)'s highest Days Payable was 11175.70. The lowest was 77.52. And the median was 98.06.

BOM:505029's Days Payable is not ranked
in the Travel & Leisure industry.
Industry Median: 59.94 vs BOM:505029: 11175.70

Atlas Cycles (Haryana)'s Days Payable declined from Sep. 2022 (7,614.21) to Dec. 2023 (6,724.13). It may suggest that Atlas Cycles (Haryana) accelerated paying its suppliers.

Atlas Cycles (Haryana) Days Payable Historical Data

The historical data trend for Atlas Cycles (Haryana)'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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Atlas Cycles (Haryana) Days Payable Chart

Atlas Cycles (Haryana) Annual Data

Trend

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Days Payable

Get a 7-Day Free Trial

114.08

127.99

345.37

2,567.81

8,086.52

Atlas Cycles (Haryana) Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															7,614.21	42,162.85	-	4,745.52	6,724.13

Competitive Comparison of Atlas Cycles (Haryana)'s Days Payable

For the Leisure subindustry, Atlas Cycles (Haryana)'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.

Atlas Cycles (Haryana)'s Days Payable Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Atlas Cycles (Haryana)'s Days Payable distribution charts can be found below:

* The bar in red indicates where Atlas Cycles (Haryana)'s Days Payable falls into.

Atlas Cycles (Haryana) 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.

Atlas Cycles (Haryana)'s Days Payable for the fiscal year that ended in Mar. 2022 is calculated as

	Days Payable (A: Mar. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2021 )	+	Accounts Payable (A: Mar. 2022 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2022 )	*	Days in Period
=	( (1034.022	+	1038.386)	/	2 )	/	46.771	*	365
=	1036.204					/	46.771	*	365
=	8,086.52

Atlas Cycles (Haryana)'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
=	( (1021.183	+	0)	/	1 )	/	13.858	*	365 / 4
=	1021.183					/	13.858	*	365 / 4
=	6,724.13

Atlas Cycles (Haryana) Days Payable Related Terms

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Atlas Cycles (Haryana) (BOM:505029) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Atlas Cycles (Haryana) Ltd (BOM:505029) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Atlas Road, Industrial Area, Sonepat, HR, IND, 131001

Website

https://www.atlasbicycles.com

Atlas Cycles (Haryana) Ltd is an Indian cycling company. The firm is engaged in the manufacturing of bicycles and their components and steel tubes. The company offers a range of bicycles, such as mountain bikes, all-terrain bikes, roadsters, and children's bikes. It earns key revenue from domestic sales and also exports products overseas.

Atlas Cycles (Haryana) (BOM:505029) Headlines

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