Asis Logistics (BOM:506159) Days Payable: 379.25 (As of Jun. 2019)

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BOM:506159 Asis Logistics Ltd BOM:506159
4 GF Score
Price ₹6.90
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What is Asis Logistics Days Payable?

Asis Logistics BOM:506159 4 Days Payable is 379.25 as of Jun. 2019. GuruFocus rates BOM:506159 with a GF Score™ of 4/100.

Asis Logistics's average Accounts Payable for the three months ended in Jun. 2019 was ₹38.54 Mil. Asis Logistics's Cost of Goods Sold for the three months ended in Jun. 2019 was ₹9.27 Mil. Hence, Asis Logistics's Days Payable for the three months ended in Jun. 2019 was 379.25.

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

BOM:506159's Days Payable is not ranked *
in the Transportation industry.
Industry Median: 38.62
* Ranked among companies with meaningful Days Payable only.

Asis Logistics's Days Payable increased from Dec. 2017 (0.00) to Jun. 2019 (379.25). It may suggest that Asis Logistics delayed paying its suppliers.


Asis Logistics Days Payable Historical Data

* Premium members only.

The historical data trend for Asis Logistics'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.

Asis Logistics Days Payable Chart

Asis Logistics Annual Data
Trend Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 38.84 40.21 69.38 181.32 280.02

Asis Logistics Quarterly Data
Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Mar19 Jun19
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 419.80 276.80 0.00 379.25

BOM:506159 vs JANL: Days Payable Comparison

For the Integrated Freight & Logistics subindustry, Asis Logistics'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.


Asis Logistics Days Payable vs Transportation Industry

For the Transportation industry and Industrials sector, Asis Logistics's Days Payable distribution charts can be found below:

* The bar in red indicates where Asis Logistics's Days Payable falls into.


BOM:506159
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Asis Logistics Ltd BOM:506159
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Asis Logistics 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.

Asis Logistics's Days Payable for the fiscal year that ended in Mar. 2019 is calculated as

Days Payable (A: Mar. 2019 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2018 ) + Accounts Payable (A: Mar. 2019 )) / count ) / Cost of Goods Sold (A: Mar. 2019 )*Days in Period
=( (39.62 + 38.54) / 2 ) / 50.94*365
=39.08 / 50.94*365
=280.02

Asis Logistics's Days Payable for the quarter that ended in Jun. 2019 is calculated as:

Days Payable (Q: Jun. 2019 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2019 ) + Accounts Payable (Q: Jun. 2019 )) / count ) / Cost of Goods Sold (Q: Jun. 2019 )*Days in Period
=( (38.54 + 0) / 1 ) / 9.273*365 / 4
=38.54 / 9.273*365 / 4
=379.25

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 379.25 mean?
Asis Logistics (BOM:506159) has a Days Payable of 379.25 as of Jun. 2019. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Asis Logistics and its competitors.
Is Asis Logistics' Days Payable too high?
Asis Logistics' current Days Payable is 379.25. The Transportation industry median Days Payable is 38.62. Asis Logistics' value of 379.25 is 882% above this industry median. Overall, Asis Logistics has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Asis Logistics' Days Payable compare to JANL?
Asis Logistics' Days Payable of 379.25 can be compared against companies in the Transportation industry. The industry median Days Payable is 38.62. Asis Logistics' value of 379.25 is 882% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Transportation company?
The median Days Payable among Transportation companies is 38.62, based on 970 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Asis Logistics's current Days Payable of 379.25 is 882% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Asis Logistics and its competitors. For the Transportation industry, the median Days Payable is 38.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asis Logistics's current Days Payable is 379.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asis Logistics stock overvalued right now?
Asis Logistics (BOM:506159) has a current Days Payable of 379.25. The current Days Payable is 379.25 and 882% above the Transportation industry median of 38.62. Asis Logistics' overall GF Score™ is 4/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Asis Logistics (BOM:506159), the current Days Payable is 379.25 as of Jun. 2019. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Asis Logistics Business Description

Address Unit No. 611, Skylon Co-operative Housing Society, GIDC, Char Rasta, Vapi, GJ, IND, 396 195
Asis Logistics Ltd is a logistics solution provider. The company is engaged in providing supply chain services including transport, customs clearance, warehousing, and freight management. Geographically, the activities are carried out through the region of India.
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₹6.90
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