Hindustan Hardy (BOM:505893) Days Payable : 117.62 (As of Dec. 2024)

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What is Hindustan Hardy Days Payable?

Hindustan Hardy's average Accounts Payable for the three months ended in Dec. 2024 was ₹142.9 Mil. Hindustan Hardy's Cost of Goods Sold for the three months ended in Dec. 2024 was ₹110.9 Mil. Hence, Hindustan Hardy's Days Payable for the three months ended in Dec. 2024 was 117.62.

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

BOM:505893' s Days Payable Range Over the Past 10 Years
Min: 101.91 Med: 131.78 Max: 180.25
Current: 105.74

During the past 13 years, Hindustan Hardy's highest Days Payable was 180.25. The lowest was 101.91. And the median was 131.78.

BOM:505893's Days Payable is ranked better than
74.51% of 1279 companies
in the Vehicles & Parts industry
Industry Median: 65.42 vs BOM:505893: 105.74

Hindustan Hardy's Days Payable increased from Dec. 2023 (108.81) to Dec. 2024 (117.62). It may suggest that Hindustan Hardy delayed paying its suppliers.

Hindustan Hardy Days Payable Historical Data

The historical data trend for Hindustan Hardy'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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Hindustan Hardy Days Payable Chart

Hindustan Hardy Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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167.43

171.30

115.32

107.02

112.16

Hindustan Hardy Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Payable	Get a 7-Day Free Trial															108.81	90.75	127.70	125.81	117.62

Competitive Comparison of Hindustan Hardy's Days Payable

For the Auto Parts subindustry, Hindustan Hardy'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.

Hindustan Hardy's Days Payable Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Hindustan Hardy's Days Payable distribution charts can be found below:

* The bar in red indicates where Hindustan Hardy's Days Payable falls into.

Hindustan Hardy 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.

Hindustan Hardy'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
=	( (112.672	+	121.846)	/	2 )	/	381.6	*	365
=	117.259					/	381.6	*	365
=	112.16

Hindustan Hardy's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

	Days Payable (Q: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2024 )	+	Accounts Payable (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (142.929	+	0)	/	1 )	/	110.888	*	365 / 4
=	142.929					/	110.888	*	365 / 4
=	117.62

Hindustan Hardy Days Payable Related Terms

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Hindustan Hardy Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Hindustan Hardy Ltd (BOM:505893) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

Plot No. C-12, M.I.D.C. Area, Ambad, Additional Nasik Industrial Area, Nashik, MH, IND, 422 010

Website

https://www.hhardys.com

Hindustan Hardy Ltd is an auto parts manufacturer in India. The company is principally engaged in the designing and manufacturing of propeller shafts and other accessories required for automotive, industrial, and other applications. Its sales are mainly to four customers that is domestic OEMs, export customers, industrial customers, and aftermarket.

Hindustan Hardy Headlines

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