Rolcon Engineering Co (BOM:505807) Days Payable : 194.65 (As of Mar. 2024)

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What is Rolcon Engineering Co Days Payable?

Rolcon Engineering Co's average Accounts Payable for the three months ended in Mar. 2024 was ₹109.2 Mil. Rolcon Engineering Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹51.2 Mil. Hence, Rolcon Engineering Co's Days Payable for the three months ended in Mar. 2024 was 194.65.

The historical rank and industry rank for Rolcon Engineering Co's Days Payable or its related term are showing as below:

BOM:505807' s Days Payable Range Over the Past 10 Years
Min: 88.73 Med: 147.69 Max: 178.25
Current: 143.7

During the past 13 years, Rolcon Engineering Co's highest Days Payable was 178.25. The lowest was 88.73. And the median was 147.69.

BOM:505807's Days Payable is ranked better than
75.73% of 2929 companies
in the Industrial Products industry
Industry Median: 76.43 vs BOM:505807: 143.70

Rolcon Engineering Co's Days Payable increased from Mar. 2023 (112.05) to Mar. 2024 (194.65). It may suggest that Rolcon Engineering Co delayed paying its suppliers.

Rolcon Engineering Co Days Payable Historical Data

The historical data trend for Rolcon Engineering Co'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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Rolcon Engineering Co Days Payable Chart

Rolcon Engineering Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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150.80

178.25

101.69

128.62

144.58

Rolcon Engineering Co 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															112.05	135.04	113.46	141.45	194.65

Competitive Comparison of Rolcon Engineering Co's Days Payable

For the Tools & Accessories subindustry, Rolcon Engineering Co'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.

Rolcon Engineering Co's Days Payable Distribution in the Industrial Products Industry

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

* The bar in red indicates where Rolcon Engineering Co's Days Payable falls into.

Rolcon Engineering Co 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.

Rolcon Engineering Co'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
=	( (71.827	+	109.246)	/	2 )	/	228.558	*	365
=	90.5365					/	228.558	*	365
=	144.58

Rolcon Engineering Co'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	+	109.246)	/	1 )	/	51.214	*	365 / 4
=	109.246					/	51.214	*	365 / 4
=	194.65

Rolcon Engineering Co Days Payable Related Terms

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Rolcon Engineering Co (BOM:505807) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Rolcon Engineering Co Ltd (BOM:505807) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Anand-Sojitra Road, Post Box No. 20, Anand, Vallabh Vidyanagar, GJ, IND, 388120

Website

http://www.rolconengineering.com

Rolcon Engineering Co Ltd is engaged in the business of manufacturing transmission precision roller chains, conveyors, elevators, and special purpose chains. The company earns revenue from the sales of Industrial chains and Sprocket wheels, of which a majority of revenue is generated from the sale of Industrial chains.The Company has identified its business of Manufacturing 'Engineering Goods which is its only segment. Some of the products manufactured by the company are bucket elevator chain, block link type conveyor chain, reclaimer scraper chain, rope-way chain, roller chain, simplex roller chain, leaf chain, ROL-KOBO sprocket, ROL-KOBO split type sprocket, mounted sprocket, and many more. Geographically, the revenue is generated from India.

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