Ram Ratna Wires (BOM:522281) Days Payable : 31.77 (As of Dec. 2024)

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What is Ram Ratna Wires Days Payable?

Ram Ratna Wires's average Accounts Payable for the three months ended in Dec. 2024 was ₹2,795 Mil. Ram Ratna Wires's Cost of Goods Sold for the three months ended in Dec. 2024 was ₹8,029 Mil. Hence, Ram Ratna Wires's Days Payable for the three months ended in Dec. 2024 was 31.77.

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

BOM:522281' s Days Payable Range Over the Past 10 Years
Min: 5.99 Med: 14.4 Max: 29.21
Current: 27.62

During the past 13 years, Ram Ratna Wires's highest Days Payable was 29.21. The lowest was 5.99. And the median was 14.40.

BOM:522281's Days Payable is ranked worse than
89.46% of 2942 companies
in the Industrial Products industry
Industry Median: 76.615 vs BOM:522281: 27.62

Ram Ratna Wires's Days Payable increased from Dec. 2023 (29.80) to Dec. 2024 (31.77). It may suggest that Ram Ratna Wires delayed paying its suppliers.

Ram Ratna Wires Days Payable Historical Data

The historical data trend for Ram Ratna Wires'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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Ram Ratna Wires Days Payable Chart

Ram Ratna Wires Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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13.34

10.07

15.46

24.44

29.21

Ram Ratna Wires Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Payable	Get a 7-Day Free Trial															29.80	30.16	27.24	29.58	31.77

Competitive Comparison of Ram Ratna Wires's Days Payable

For the Electrical Equipment & Parts subindustry, Ram Ratna Wires'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.

Ram Ratna Wires's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ram Ratna Wires's Days Payable distribution charts can be found below:

* The bar in red indicates where Ram Ratna Wires's Days Payable falls into.

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Ram Ratna Wires 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.

Ram Ratna Wires'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
=	( (1922.287	+	2435.054)	/	2 )	/	27225.899	*	365
=	2178.6705					/	27225.899	*	365
=	29.21

Ram Ratna Wires's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

	Days Payable (Q: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2024 )	+	Accounts Payable (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (2795.164	+	0)	/	1 )	/	8028.881	*	365 / 4
=	2795.164					/	8028.881	*	365 / 4
=	31.77

Ram Ratna Wires Days Payable Related Terms

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Ram Ratna Wires Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Ram Ratna Wires Ltd (BOM:522281) » Definitions » Days Payable

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RAMRAT:India

Address

Bhailal Amin Marg, Gorwa, Ground Floor, Alembic Business Park (West), Vadodara, GJ, IND, 390003

Website

https://www.rrshramik.com

Ram Ratna Wires Ltd engages in the manufacture and sale of enameled copper winding wire and strips. Its products include enameled copper wire, enameled copper strips, enameled aluminum wires, submersible flat cable, corona resistant winding wires, and submersible winding wire. Its segments are Enamelled wires and strips; Copper tubes and pipes and Other. Geographically, it derives a majority of revenue from India.

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