Samkrg Pistons and Rings (BOM:520075) Days Payable : 33.97 (As of Dec. 2023)

View and export this data going back to 1991. Start your Free Trial

What is Samkrg Pistons and Rings Days Payable?

Samkrg Pistons and Rings's average Accounts Payable for the three months ended in Dec. 2023 was ₹106 Mil. Samkrg Pistons and Rings's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹284 Mil. Hence, Samkrg Pistons and Rings's Days Payable for the three months ended in Dec. 2023 was 33.97.

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

BOM:520075' s Days Payable Range Over the Past 10 Years
Min: 21.65 Med: 50.33 Max: 59.36
Current: 23.92

During the past 13 years, Samkrg Pistons and Rings's highest Days Payable was 59.36. The lowest was 21.65. And the median was 50.33.

BOM:520075's Days Payable is ranked worse than
89.71% of 1263 companies
in the Vehicles & Parts industry
Industry Median: 65.67 vs BOM:520075: 23.92

Samkrg Pistons and Rings's Days Payable increased from Dec. 2022 (32.61) to Dec. 2023 (33.97). It may suggest that Samkrg Pistons and Rings delayed paying its suppliers.

Samkrg Pistons and Rings Days Payable Historical Data

The historical data trend for Samkrg Pistons and Rings'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.

Samkrg Pistons and Rings Days Payable Chart

Samkrg Pistons and Rings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

Get a 7-Day Free Trial

40.41

56.23

47.91

29.44

21.65

Samkrg Pistons and Rings 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															32.61	15.92	17.36	28.96	33.97

Competitive Comparison of Samkrg Pistons and Rings's Days Payable

For the Auto Parts subindustry, Samkrg Pistons and Rings'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.

Samkrg Pistons and Rings's Days Payable Distribution in the Vehicles & Parts Industry

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

* The bar in red indicates where Samkrg Pistons and Rings's Days Payable falls into.

Samkrg Pistons and Rings 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.

Samkrg Pistons and Rings'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
=	( (91.334	+	70.332)	/	2 )	/	1362.968	*	365
=	80.833					/	1362.968	*	365
=	21.65

Samkrg Pistons and Rings'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
=	( (105.542	+	0)	/	1 )	/	283.526	*	365 / 4
=	105.542					/	283.526	*	365 / 4
=	33.97

Samkrg Pistons and Rings Days Payable Related Terms

Thank you for viewing the detailed overview of Samkrg Pistons and Rings's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Samkrg Pistons and Rings (BOM:520075) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Samkrg Pistons and Rings Ltd (BOM:520075) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

7-1-58, Ameerpet, 1-201, Divyashakti Complex, Hyderabad, TG, IND, 500016

Website

https://www.samkrgpistonsandrings.com

Samkrg Pistons and Rings Ltd is involved in the auto parts business sector. It manufactures and markets Engineered pistons, Piston pins, Piston rings, and other automotive parts for scooters, motorcycles, cars, tractors, light commercial vehicles, stationary engines, and other special applications. The company operates in one business segment, the business of automotive components. The business generates revenue from Domestic and export sales, where the majority of revenue is generated from Domestic sales.

Samkrg Pistons and Rings (BOM:520075) Headlines

No Headlines