TTK Prestige (BOM:517506) Days Payable : 97.68 (As of Sep. 2024)

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What is TTK Prestige Days Payable?

TTK Prestige's average Accounts Payable for the three months ended in Sep. 2024 was ₹4,722 Mil. TTK Prestige's Cost of Goods Sold for the three months ended in Sep. 2024 was ₹4,412 Mil. Hence, TTK Prestige's Days Payable for the three months ended in Sep. 2024 was 97.68.

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

BOM:517506' s Days Payable Range Over the Past 10 Years
Min: 10.29 Med: 42.23 Max: 84.19
Current: 84.19

During the past 13 years, TTK Prestige's highest Days Payable was 84.19. The lowest was 10.29. And the median was 42.23.

BOM:517506's Days Payable is ranked better than
62.17% of 415 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 68.66 vs BOM:517506: 84.19

TTK Prestige's Days Payable increased from Sep. 2023 (82.31) to Sep. 2024 (97.68). It may suggest that TTK Prestige delayed paying its suppliers.

TTK Prestige Days Payable Historical Data

The historical data trend for TTK Prestige'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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TTK Prestige Days Payable Chart

TTK Prestige Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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32.55

63.94

72.84

72.25

58.93

TTK Prestige Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Payable	Get a 7-Day Free Trial															82.31	80.59	58.15	65.77	97.68

Competitive Comparison of TTK Prestige's Days Payable

For the Furnishings, Fixtures & Appliances subindustry, TTK Prestige'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.

TTK Prestige's Days Payable Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, TTK Prestige's Days Payable distribution charts can be found below:

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

TTK Prestige 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.

TTK Prestige'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
=	( (2712.2	+	2401.1)	/	2 )	/	15835.7	*	365
=	2556.65					/	15835.7	*	365
=	58.93

TTK Prestige's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

	Days Payable (Q: Sep. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2024 )	+	Accounts Payable (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (0	+	4722.2)	/	1 )	/	4411.5	*	365 / 4
=	4722.2					/	4411.5	*	365 / 4
=	97.68

TTK Prestige Days Payable Related Terms

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TTK Prestige Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » TTK Prestige Ltd (BOM:517506) » Definitions » Days Payable

Traded in Other Exchanges

TTKPRESTIG:India

Address

1/1 & 1/2 Nagarjuna Castle, Wood Street, Richmond Town, Bengaluru, KA, IND, 560025

Website

https://www.ttkprestige.com

TTK Prestige Ltd is an Indian company that sells a variety of kitchen appliances and products. Although it operates and manufactures its products in India, the company also exports its products to the U.S., Europe, South Africa, Kenya, Australia, Singapore, the Middle East, and Sri Lanka. Its kitchen appliances are divided into the Pressure Cookers group, Cookware group, Kitchen group, and Gas Stoves group among others. The majority of the company's revenue is derived from its operations in India. Despite traditionally selling pressure cookers, the company has shifted its model to be a complete kitchen solution provider. The core brands of the company include Prestige, Prestige Smart Kitchen and others.

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