SNL Bearings (BOM:505827) Days Payable : 64.13 (As of Mar. 2024)

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What is SNL Bearings Days Payable?

SNL Bearings's average Accounts Payable for the three months ended in Mar. 2024 was ₹25.3 Mil. SNL Bearings's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹36.0 Mil. Hence, SNL Bearings's Days Payable for the three months ended in Mar. 2024 was 64.13.

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

BOM:505827' s Days Payable Range Over the Past 10 Years
Min: 41.24 Med: 60.14 Max: 80.22
Current: 70.45

During the past 13 years, SNL Bearings's highest Days Payable was 80.22. The lowest was 41.24. And the median was 60.14.

BOM:505827's Days Payable is ranked worse than
54.87% of 2929 companies
in the Industrial Products industry
Industry Median: 76.43 vs BOM:505827: 70.45

SNL Bearings's Days Payable declined from Mar. 2023 (100.28) to Mar. 2024 (64.13). It may suggest that SNL Bearings accelerated paying its suppliers.

SNL Bearings Days Payable Historical Data

The historical data trend for SNL Bearings'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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SNL Bearings Days Payable Chart

SNL Bearings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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41.24

42.72

56.06

80.22

73.76

SNL Bearings 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															100.28	83.17	57.92	68.85	64.13

Competitive Comparison of SNL Bearings's Days Payable

For the Tools & Accessories subindustry, SNL Bearings'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.

SNL Bearings's Days Payable Distribution in the Industrial Products Industry

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

* The bar in red indicates where SNL Bearings's Days Payable falls into.

SNL Bearings 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.

SNL Bearings'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
=	( (42.2	+	25.3)	/	2 )	/	167	*	365
=	33.75					/	167	*	365
=	73.76

SNL Bearings'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	+	25.3)	/	1 )	/	36	*	365 / 4
=	25.3					/	36	*	365 / 4
=	64.13

SNL Bearings Days Payable Related Terms

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SNL Bearings (BOM:505827) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » SNL Bearings Ltd (BOM:505827) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Dhannur, 15, Sir P.M. Road, Fort, Mumbai, MH, IND, 400 001

Website

https://www.snlbearings.in

SNL Bearings Ltd is engaged in the manufacture and marketing of antifriction bearing products and other related activities. The company manufactures a wide range of needle roller bearings for automotive applications to serve OEMs (original equipment manufacturer) in India and overseas. Its products include a small end cage, big end cage, full complement shell, cage guided shell, needle roller, and others. Geographically, it derives a majority of revenue from India.

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