Omax Autos (BOM:520021) Days Payable : 62.21 (As of Jun. 2024)

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What is Omax Autos Days Payable?

Omax Autos's average Accounts Payable for the three months ended in Jun. 2024 was ₹441 Mil. Omax Autos's Cost of Goods Sold for the three months ended in Jun. 2024 was ₹647 Mil. Hence, Omax Autos's Days Payable for the three months ended in Jun. 2024 was 62.21.

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

BOM:520021' s Days Payable Range Over the Past 10 Years
Min: 61.27 Med: 74.37 Max: 159.44
Current: 61.27

During the past 13 years, Omax Autos's highest Days Payable was 159.44. The lowest was 61.27. And the median was 74.37.

BOM:520021's Days Payable is ranked worse than
53.67% of 1280 companies
in the Vehicles & Parts industry
Industry Median: 65.905 vs BOM:520021: 61.27

Omax Autos's Days Payable declined from Jun. 2023 (100.09) to Jun. 2024 (62.21). It may suggest that Omax Autos accelerated paying its suppliers.

Omax Autos Days Payable Historical Data

The historical data trend for Omax Autos'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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Omax Autos Days Payable Chart

Omax Autos Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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105.69

159.44

89.04

81.58

66.52

Omax Autos Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Days Payable	Get a 7-Day Free Trial															100.09	72.61	50.16	45.79	62.21

Competitive Comparison of Omax Autos's Days Payable

For the Auto Parts subindustry, Omax Autos'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.

Omax Autos's Days Payable Distribution in the Vehicles & Parts Industry

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

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

Omax Autos 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.

Omax Autos'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
=	( (574.057	+	440.767)	/	2 )	/	2784.269	*	365
=	507.412					/	2784.269	*	365
=	66.52

Omax Autos's Days Payable for the quarter that ended in Jun. 2024 is calculated as:

	Days Payable (Q: Jun. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2024 )	+	Accounts Payable (Q: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
=	( (440.767	+	0)	/	1 )	/	646.552	*	365 / 4
=	440.767					/	646.552	*	365 / 4
=	62.21

Omax Autos Days Payable Related Terms

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Omax Autos Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Omax Autos Ltd (BOM:520021) » Definitions » Days Payable

Comparable Companies

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OMAXAUTO:India

Address

Plot No. B-26, Institutional Area, Sector 32, Gurugram, HR, IND, 122001

Website

https://www.omaxauto.com

Omax Autos Ltd is engaged in the manufacturing and selling of sheet metal components. The company works in the automotive components and parts segment in the two-wheeler and four-wheeler industries. It manages its business in automotive, railways and heavy fabrication, and energy areas. It offers frame assembly, step pavilion, and Saree Guard, among others for two-wheelers. It offers connecting rods, coupling connections, and Silent Block, among others for three-wheelers. The company's off-highway product range includes a front axle, clutch pedal, and brake pedal. Its railways and heavy fabrication products include coach building and retention tanks. The company through its energy business division promotes green energy generation.

Omax Autos Headlines

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