Jainex Aamcol (BOM:505212) Days Payable : 128.39 (As of Jun. 2024)

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What is Jainex Aamcol Days Payable?

Jainex Aamcol's average Accounts Payable for the three months ended in Jun. 2024 was ₹35.4 Mil. Jainex Aamcol's Cost of Goods Sold for the three months ended in Jun. 2024 was ₹25.2 Mil. Hence, Jainex Aamcol's Days Payable for the three months ended in Jun. 2024 was 128.39.

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

BOM:505212' s Days Payable Range Over the Past 10 Years
Min: 107.79 Med: 131.86 Max: 186.18
Current: 107.79

During the past 13 years, Jainex Aamcol's highest Days Payable was 186.18. The lowest was 107.79. And the median was 131.86.

BOM:505212's Days Payable is ranked better than
66.37% of 2944 companies
in the Industrial Products industry
Industry Median: 75.425 vs BOM:505212: 107.79

Jainex Aamcol's Days Payable increased from Jun. 2023 (115.21) to Jun. 2024 (128.39). It may suggest that Jainex Aamcol delayed paying its suppliers.

Jainex Aamcol Days Payable Historical Data

The historical data trend for Jainex Aamcol'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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Jainex Aamcol Days Payable Chart

Jainex Aamcol Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

Get a 7-Day Free Trial

151.56

161.74

124.13

119.91

113.59

Jainex Aamcol Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Days Payable	Get a 7-Day Free Trial															115.21	125.08	115.59	109.56	128.39

Competitive Comparison of Jainex Aamcol's Days Payable

For the Tools & Accessories subindustry, Jainex Aamcol'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.

Jainex Aamcol's Days Payable Distribution in the Industrial Products Industry

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

* The bar in red indicates where Jainex Aamcol's Days Payable falls into.

Jainex Aamcol 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.

Jainex Aamcol'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
=	( (23.63	+	35.41)	/	2 )	/	94.861	*	365
=	29.52					/	94.861	*	365
=	113.59

Jainex Aamcol's Days Payable for the quarter that ended in Jun. 2024 is calculated as:

	Days Payable (Q: Jun. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2024 )	+	Accounts Payable (Q: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
=	( (35.41	+	0)	/	1 )	/	25.167	*	365 / 4
=	35.41					/	25.167	*	365 / 4
=	128.39

Jainex Aamcol Days Payable Related Terms

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Jainex Aamcol Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Jainex Aamcol Ltd (BOM:505212) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

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Address

405/406, Sharda Chambers, New Marine Lines, Mumbai, MH, IND, 400 020

Website

https://www.jainexaamcol.com

Jainex Aamcol Ltd is a manufacturer of gear hobs, special cutting tools, inspection tools, and precision accessories. The operating segments of the company are Gear Cutting that is gear hobs, which constitute the key revenue driver; Milling Cutters; and Spline Gauges. It sells its products under the Aamcol brand. The company caters to a wide range of customers such as automobile industries, industrial and special gearbox manufacturers, machine tool manufacturers, and many others.

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