Sterling International Enterprises (BOM:508998) Days Payable: 97.99 (As of Jun. 2017)

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What is Sterling International Enterprises Days Payable?

Sterling International Enterprises BOM:508998 Days Payable is 97.99 as of Jun. 2017.

Sterling International Enterprises's average Accounts Payable for the three months ended in Jun. 2017 was ₹302 Mil. Sterling International Enterprises's Cost of Goods Sold for the three months ended in Jun. 2017 was ₹281 Mil. Hence, Sterling International Enterprises's Days Payable for the three months ended in Jun. 2017 was 97.99.

The historical rank and industry rank for Sterling International Enterprises's Days Payable or its related term are showing as below:

BOM:508998's Days Payable is not ranked *
in the Oil & Gas industry.
Industry Median: 57.16
* Ranked among companies with meaningful Days Payable only.

Sterling International Enterprises's Days Payable increased from Jun. 2016 (96.03) to Jun. 2017 (97.99). It may suggest that Sterling International Enterprises delayed paying its suppliers.


Sterling International Enterprises Days Payable Related Terms


Sterling International Enterprises Days Payable Historical Data

* Premium members only.

The historical data trend for Sterling International Enterprises'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.

Sterling International Enterprises Days Payable Chart

Sterling International Enterprises Annual Data
Trend Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Mar16 Mar17
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 100.66 132.98 26.77 0.00 54.03

Sterling International Enterprises Quarterly Data
Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17
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 96.03 63.42 65.27 55.70 97.99

BOM:508998 vs BRSWQ, PBEC, FSNR: Days Payable Comparison

For the Oil & Gas Equipment & Services subindustry, Sterling International Enterprises'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.


Sterling International Enterprises Days Payable vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Sterling International Enterprises's Days Payable distribution charts can be found below:

* The bar in red indicates where Sterling International Enterprises's Days Payable falls into.



Sterling International Enterprises 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.

Sterling International Enterprises's Days Payable for the fiscal year that ended in Mar. 2017 is calculated as

Days Payable (A: Mar. 2017 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2016 ) + Accounts Payable (A: Mar. 2017 )) / count ) / Cost of Goods Sold (A: Mar. 2017 )*Days in Period
=( (0 + 301.609) / 1 ) / 2037.492*365
=301.609 / 2037.492*365
=54.03

Sterling International Enterprises's Days Payable for the quarter that ended in Jun. 2017 is calculated as:

Days Payable (Q: Jun. 2017 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2017 ) + Accounts Payable (Q: Jun. 2017 )) / count ) / Cost of Goods Sold (Q: Jun. 2017 )*Days in Period
=( (301.609 + 0) / 1 ) / 280.859*365 / 4
=301.609 / 280.859*365 / 4
=97.99

* 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 97.99 mean?
Sterling International Enterprises (BOM:508998) has a Days Payable of 97.99 as of Jun. 2017. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Sterling International Enterprises and its competitors.
Is Sterling International Enterprises' Days Payable too high?
Sterling International Enterprises' current Days Payable is 97.99. The Oil & Gas industry median Days Payable is 57.16. Sterling International Enterprises' value of 97.99 is 71.4% above this industry median.
How does Sterling International Enterprises' Days Payable compare to BRSWQ and PBEC?
Sterling International Enterprises' Days Payable of 97.99 can be compared against companies in the Oil & Gas industry. The industry median Days Payable is 57.16. Sterling International Enterprises' value of 97.99 is 71.4% 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 an Oil & Gas company?
The median Days Payable among Oil & Gas companies is 57.16, based on 851 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. Sterling International Enterprises's current Days Payable of 97.99 is 71.4% 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 Sterling International Enterprises and its competitors. For the Oil & Gas industry, the median Days Payable is 57.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sterling International Enterprises's current Days Payable is 97.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sterling International Enterprises stock overvalued right now?
Sterling International Enterprises (BOM:508998) has a current Days Payable of 97.99. The current Days Payable is 97.99 and 71.4% above the Oil & Gas industry median of 57.16. 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 Sterling International Enterprises (BOM:508998), the current Days Payable is 97.99 as of Jun. 2017. 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.

Sterling International Enterprises Business Description

Industry EnergyOil & Gas
Address 43, Atlanta Building, Nariman Point, Mumbai, MH, IND, 400021
Sterling International Enterprises Ltd is engaged in providing oil & gas related services. The company's services include letting on the hire of oil rigs, services in seismic data interpretation and oil trading activities. Its operating segments consist of Information Technology and Oil related activities. Majority of the revenue is derived from the provision of services incidental to Onshore Oil Extraction.