Asahi India Glass (BOM:515030) Days Payable : 186.02 (As of Mar. 2024)

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What is Asahi India Glass Days Payable?

Asahi India Glass's average Accounts Payable for the three months ended in Mar. 2024 was ₹8,546 Mil. Asahi India Glass's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹4,192 Mil. Hence, Asahi India Glass's Days Payable for the three months ended in Mar. 2024 was 186.02.

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

BOM:515030' s Days Payable Range Over the Past 10 Years
Min: 108.11 Med: 189.81 Max: 252.09
Current: 252.09

During the past 13 years, Asahi India Glass's highest Days Payable was 252.09. The lowest was 108.11. And the median was 189.81.

BOM:515030's Days Payable is ranked better than
95.39% of 1259 companies
in the Vehicles & Parts industry
Industry Median: 65.87 vs BOM:515030: 252.09

Asahi India Glass's Days Payable declined from Dec. 2022 (192.96) to Mar. 2024 (186.02). It may suggest that Asahi India Glass accelerated paying its suppliers.

Asahi India Glass Days Payable Historical Data

The historical data trend for Asahi India Glass'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.

Asahi India Glass Days Payable Chart

Asahi India Glass Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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205.03

214.34

197.27

194.05

189.69

Asahi India Glass Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															192.96	180.72	181.52	199.74	186.02

Competitive Comparison of Asahi India Glass's Days Payable

For the Auto Parts subindustry, Asahi India Glass'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.

Asahi India Glass's Days Payable Distribution in the Vehicles & Parts Industry

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

* The bar in red indicates where Asahi India Glass's Days Payable falls into.

Asahi India Glass 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.

Asahi India Glass'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
=	( (8523.2	+	8545.9)	/	2 )	/	16422.5	*	365
=	8534.55					/	16422.5	*	365
=	189.69

Asahi India Glass's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (0	+	8545.9)	/	1 )	/	4192.2	*	365 / 4
=	8545.9					/	4192.2	*	365 / 4
=	186.02

Asahi India Glass Days Payable Related Terms

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Asahi India Glass (BOM:515030) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Asahi India Glass Ltd (BOM:515030) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

ASAHIINDIA:India

Address

Mehrauli-Gurgaon Road, Global Business Park, Tower-D, 3rd and 11th Floor, Gurugram, HR, IND, 122 002

Website

https://www.aisglass.com

Asahi India Glass Ltd is a manufacturer of glass products and solutions. The company offers automotive glass products, architectural glass products, windshield repair and replacement services in India, commercial and private-living glass solutions, glass integration and installation services, and special-purpose glass solutions such as noise-cancelling windows, energy-saving windows, and safety glasses. Asahi India Glass' largest business segment by revenue, automotive glass products, produces various glass windshields and integrated products and solutions, such as rain-sensor windshields, heated windshields, and other related products.

Asahi India Glass (BOM:515030) Headlines

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