Subros (BOM:517168) Days Payable : 96.23 (As of Dec. 2023)

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What is Subros Days Payable?

Subros's average Accounts Payable for the three months ended in Dec. 2023 was ₹5,657 Mil. Subros's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹5,364 Mil. Hence, Subros's Days Payable for the three months ended in Dec. 2023 was 96.23.

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

BOM:517168' s Days Payable Range Over the Past 10 Years
Min: 49.33 Med: 82.21 Max: 114.63
Current: 84.04

During the past 13 years, Subros's highest Days Payable was 114.63. The lowest was 49.33. And the median was 82.21.

BOM:517168's Days Payable is ranked better than
64.26% of 1259 companies
in the Vehicles & Parts industry
Industry Median: 65.85 vs BOM:517168: 84.04

Subros's Days Payable declined from Dec. 2022 (100.95) to Dec. 2023 (96.23). It may suggest that Subros accelerated paying its suppliers.

Subros Days Payable Historical Data

The historical data trend for Subros'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.

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Subros Days Payable Chart

Subros Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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94.08

96.29

114.63

100.19

79.65

Subros Quarterly Data
	Mar19	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															100.95	66.89	86.22	85.37	96.23

Competitive Comparison of Subros's Days Payable

For the Auto Parts subindustry, Subros'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.

Subros's Days Payable Distribution in the Vehicles & Parts Industry

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

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

Subros 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.

Subros'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
=	( (4887.886	+	4887.157)	/	2 )	/	22397.703	*	365
=	4887.5215					/	22397.703	*	365
=	79.65

Subros'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
=	( (5656.7	+	0)	/	1 )	/	5364.2	*	365 / 4
=	5656.7					/	5364.2	*	365 / 4
=	96.23

Subros Days Payable Related Terms

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Subros (BOM:517168) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Subros Ltd (BOM:517168) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

SUBROS:India

Address

Barakhamba Lane, LGF, World Trade Centre, New Delhi, IND, 110001

Website

https://www.subros.com

Subros Ltd is the manufacturer of thermal products for automotive applications in India, in technical collaboration with Denso. It primarily manufactures compressors, condensers, heat exchangers and all connecting elements required to complete the air conditioning loop and caters to all segments namely passenger vehicles, buses, trucks, refrigeration transport, off-roaders, and railways. Geographically all the activity functioned through the region of India and derives revenue through the sale of products.

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