Marmagoa Steel (BOM:513355) Days Payable: 0.00 (As of Jun. 2016)

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What is Marmagoa Steel Days Payable?

Marmagoa Steel BOM:513355 Days Payable is 0.00 as of Jun. 2016.

Marmagoa Steel's average Accounts Payable for the three months ended in Jun. 2016 was ₹314.55 Mil. Marmagoa Steel's Cost of Goods Sold for the three months ended in Jun. 2016 was ₹0.00 Mil.

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

BOM:513355's Days Payable is not ranked *
in the Steel industry.
Industry Median: 41.37
* Ranked among companies with meaningful Days Payable only.

Marmagoa Steel's Days Payable stayed the same from Jun. 2015 (0.00) to Jun. 2016 (0.00). stayed the same

Marmagoa Steel Days Payable Historical Data

* Premium members only.

The historical data trend for Marmagoa Steel'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.

Marmagoa Steel Days Payable Chart

Marmagoa Steel Annual Data
Trend Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16
Days Payable
Get a 7-Day Free Trial 164.64 335.62 1,861.79 0.00 0.00

Marmagoa Steel Quarterly Data
Mar10 Mar11 Mar12 Mar13 Dec13 Mar14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16
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 0.00 0.00 0.00 0.00 0.00

BOM:513355 vs PTEEF: Days Payable Comparison

For the Steel subindustry, Marmagoa Steel'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.

Marmagoa Steel Days Payable vs Steel Industry

For the Steel industry and Basic Materials sector, Marmagoa Steel's Days Payable distribution charts can be found below:

* The bar in red indicates where Marmagoa Steel's Days Payable falls into.


Marmagoa Steel 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.

Marmagoa Steel's Days Payable for the fiscal year that ended in Mar. 2016 is calculated as

Days Payable (A: Mar. 2016 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2015 ) + Accounts Payable (A: Mar. 2016 )) / count ) / Cost of Goods Sold (A: Mar. 2016 )*Days in Period
=( (294.298 + 314.546) / 2 ) / 0*365
=304.422 / 0*365
=N/A

Marmagoa Steel's Days Payable for the quarter that ended in Jun. 2016 is calculated as:

Days Payable (Q: Jun. 2016 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2016 ) + Accounts Payable (Q: Jun. 2016 )) / count ) / Cost of Goods Sold (Q: Jun. 2016 )*Days in Period
=( (314.546 + 0) / 1 ) / 0*365 / 4
=314.546 / 0*365 / 4
=N/A

* 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 0.00 mean?
Marmagoa Steel (BOM:513355) has a Days Payable of 0.00 as of Jun. 2016. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Marmagoa Steel and its competitors.
Is Marmagoa Steel's Days Payable too high?
Marmagoa Steel's current Days Payable is 0.00.
How does Marmagoa Steel's Days Payable compare to PTEEF?
Marmagoa Steel's Days Payable of 0.00 can be compared against companies in the Steel industry. The industry median Days Payable is 41.37. 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 Steel company?
The median Days Payable among Steel companies is 41.37, based on 598 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. 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 Marmagoa Steel and its competitors. For the Steel industry, the median Days Payable is 41.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Marmagoa Steel's current Days Payable is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Marmagoa Steel stock overvalued right now?
Marmagoa Steel (BOM:513355) has a current Days Payable of 0.00. The current Days Payable is 0.00. 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 Marmagoa Steel (BOM:513355), the current Days Payable is 0.00 as of Jun. 2016. 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.

Marmagoa Steel Business Description

Address Plot No. 280, Eclate, Salcete, Curtorim, GA, IND, 403709
Marmagoa Steel Ltd operates in the steel business. It is primarily involved in the manufacturing of steel products such as special steel billets, rounds, hexagons, and spring steel flats. These products are generally used for Automobile and Railway applications. The business activities are carried out through the geographical regions of India. The firm derives most of the revenue from the sale of products.