Bharat Seats (BOM:523229) Days Payable : 58.23 (As of Mar. 2024)

View and export this data going back to 2001. Start your Free Trial

What is Bharat Seats Days Payable?

Bharat Seats's average Accounts Payable for the three months ended in Mar. 2024 was ₹1,473 Mil. Bharat Seats's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹2,307 Mil. Hence, Bharat Seats's Days Payable for the three months ended in Mar. 2024 was 58.23.

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

BOM:523229' s Days Payable Range Over the Past 10 Years
Min: 50.31 Med: 57.59 Max: 75.51
Current: 55.63

During the past 13 years, Bharat Seats's highest Days Payable was 75.51. The lowest was 50.31. And the median was 57.59.

BOM:523229's Days Payable is ranked better than
56.01% of 1264 companies
in the Vehicles & Parts industry
Industry Median: 66.77 vs BOM:523229: 55.63

Bharat Seats's Days Payable increased from Mar. 2023 (42.77) to Mar. 2024 (58.23). It may suggest that Bharat Seats delayed paying its suppliers.

Bharat Seats Days Payable Historical Data

The historical data trend for Bharat Seats'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.

Bharat Seats Days Payable Chart

Bharat Seats Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

Get a 7-Day Free Trial

72.43

75.51

63.69

50.31

54.57

Bharat Seats 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															42.77	50.78	53.89	62.00	58.23

Competitive Comparison of Bharat Seats's Days Payable

For the Auto Parts subindustry, Bharat Seats'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.

Bharat Seats's Days Payable Distribution in the Vehicles & Parts Industry

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

* The bar in red indicates where Bharat Seats's Days Payable falls into.

Bharat Seats 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.

Bharat Seats'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
=	( (1181.532	+	1472.565)	/	2 )	/	8876.387	*	365
=	1327.0485					/	8876.387	*	365
=	54.57

Bharat Seats'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	+	1472.565)	/	1 )	/	2307.407	*	365 / 4
=	1472.565					/	2307.407	*	365 / 4
=	58.23

Bharat Seats Days Payable Related Terms

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

Bharat Seats (BOM:523229) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Bharat Seats Ltd (BOM:523229) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

1, Nelson Mandela Road, Vasant Kunj, New Delhi, IND, 110070

Website

https://www.bharatseats.com

Bharat Seats Ltd is an Indian-based company. The company manufactures complete seating systems and interior components for automotive and surface transport. The products of the company include Four wheeler seating system, Two wheeler seating systems, Moulded carpets, Two wheeler frames and sheet metal components, Railway seats and berths, and Two-wheeler mainframes. The company has market coverage in India.

Bharat Seats (BOM:523229) Headlines

No Headlines