ITD Cementation India (BOM:509496) Days Payable : 96.34 (As of Dec. 2023)

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What is ITD Cementation India Days Payable?

ITD Cementation India's average Accounts Payable for the three months ended in Dec. 2023 was ₹13,926 Mil. ITD Cementation India's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹13,190 Mil. Hence, ITD Cementation India's Days Payable for the three months ended in Dec. 2023 was 96.34.

The historical rank and industry rank for ITD Cementation India's Days Payable or its related term are showing as below:

BOM:509496' s Days Payable Range Over the Past 10 Years
Min: 98.09 Med: 127.17 Max: 202.39
Current: 99.03

During the past 13 years, ITD Cementation India's highest Days Payable was 202.39. The lowest was 98.09. And the median was 127.17.

BOM:509496's Days Payable is ranked better than
63.03% of 1604 companies
in the Construction industry
Industry Median: 74.12 vs BOM:509496: 99.03

ITD Cementation India's Days Payable declined from Dec. 2022 (114.70) to Dec. 2023 (96.34). It may suggest that ITD Cementation India accelerated paying its suppliers.

ITD Cementation India Days Payable Historical Data

The historical data trend for ITD Cementation India'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.

* Premium members only.

ITD Cementation India Days Payable Chart

ITD Cementation India Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Mar20

Mar21

Mar22

Mar23

Days Payable

Get a 7-Day Free Trial

202.39

131.07

150.99

123.60

125.42

ITD Cementation India Quarterly Data
	Sep18	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															114.70	105.72	100.80	129.47	96.34

Competitive Comparison of ITD Cementation India's Days Payable

For the Engineering & Construction subindustry, ITD Cementation India'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.

ITD Cementation India's Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, ITD Cementation India's Days Payable distribution charts can be found below:

* The bar in red indicates where ITD Cementation India's Days Payable falls into.

ITD Cementation India 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.

ITD Cementation India's Days Payable for the fiscal year that ended in Mar. 2023 is calculated as

	Days Payable (A: Mar. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2022 )	+	Accounts Payable (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (9372.745	+	13335.772)	/	2 )	/	33044.617	*	365
=	11354.2585					/	33044.617	*	365
=	125.42

ITD Cementation India's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (13925.555	+	0)	/	1 )	/	13190.153	*	365 / 4
=	13925.555					/	13190.153	*	365 / 4
=	96.34

ITD Cementation India Days Payable Related Terms

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ITD Cementation India (BOM:509496) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » ITD Cementation India Ltd (BOM:509496) » Definitions » Days Payable

Comparable Companies

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ITDCEM:India

Address

Gate No. 5, Saki Vihar Road, 9th Floor, Prima Bay, Tower - B, Powai, Mumbai, MH, IND, 400072

Website

https://www.itdcem.co.in

ITD Cementation India Ltd is an India-based company involved in construction and civil engineering. It is engaged in the construction of a range of structures, which include maritime structures, mass rapid transport systems (MRTS), dams and tunnels, airports, highways, bridges and flyovers, and other foundations and specialist engineering work. The company's revenue comes from construction and civil engineering activities. The company's operational areas include maritime structures, such as the construction of jetties, dolphins, quays, berths on concrete and steel piles, ship lift, dry dock, wet basic and service platforms, dredging, and reclamation works for ports, and construction of ship lift and among others.

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