Bemco Hydraulics (BOM:522650) Days Payable : 62.84 (As of Mar. 2024)

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What is Bemco Hydraulics Days Payable?

Bemco Hydraulics's average Accounts Payable for the three months ended in Mar. 2024 was ₹111.3 Mil. Bemco Hydraulics's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹161.6 Mil. Hence, Bemco Hydraulics's Days Payable for the three months ended in Mar. 2024 was 62.84.

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

BOM:522650' s Days Payable Range Over the Past 10 Years
Min: 95.69 Med: 152.25 Max: 305.6
Current: 102.1

During the past 13 years, Bemco Hydraulics's highest Days Payable was 305.60. The lowest was 95.69. And the median was 152.25.

BOM:522650's Days Payable is ranked better than
63.52% of 2928 companies
in the Industrial Products industry
Industry Median: 76.585 vs BOM:522650: 102.10

Bemco Hydraulics's Days Payable declined from Mar. 2023 (153.99) to Mar. 2024 (62.84). It may suggest that Bemco Hydraulics accelerated paying its suppliers.

Bemco Hydraulics Days Payable Historical Data

The historical data trend for Bemco Hydraulics'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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Bemco Hydraulics Days Payable Chart

Bemco Hydraulics Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

Get a 7-Day Free Trial

298.88

103.04

127.88

253.14

95.69

Bemco Hydraulics Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															153.99	87.69	118.02	248.94	62.84

Competitive Comparison of Bemco Hydraulics's Days Payable

For the Specialty Industrial Machinery subindustry, Bemco Hydraulics'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.

Bemco Hydraulics's Days Payable Distribution in the Industrial Products Industry

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

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

Bemco Hydraulics 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.

Bemco Hydraulics'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
=	( (140.026	+	111.276)	/	2 )	/	479.271	*	365
=	125.651					/	479.271	*	365
=	95.69

Bemco Hydraulics's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (0	+	111.276)	/	1 )	/	161.575	*	365 / 4
=	111.276					/	161.575	*	365 / 4
=	62.84

Bemco Hydraulics Days Payable Related Terms

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Bemco Hydraulics (BOM:522650) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Bemco Hydraulics Ltd (BOM:522650) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

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Address

Udyambag, Industrial Estate, Belgaum, KA, IND, 590 008

Website

https://www.bemcohydraulics.net

Bemco Hydraulics Ltd is an India-based company operating in the manufacturing and sale of hydraulic press machine, portable re-railing equipment, advanced high-performance components, and systems. The company's products are used in heavy engineering works, Aeronautics, defense, Railways, Automobile, forging, and Sheet metal. Its product includes C Frame/Throat Type Presses, Straightening Press, Sheet Metal Forming, Moulding Presses, Baling Presses, SPMs, and Hydraulic Wheel Fitting Presses. The company generates maximum revenue from Portable Re-Railing Equipements.

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