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Galaxy Bearings (BOM:526073) Days Payable : 52.56 (As of Mar. 2025)


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What is Galaxy Bearings Days Payable?

Galaxy Bearings's average Accounts Payable for the three months ended in Mar. 2025 was ₹82 Mil. Galaxy Bearings's Cost of Goods Sold for the three months ended in Mar. 2025 was ₹143 Mil. Hence, Galaxy Bearings's Days Payable for the three months ended in Mar. 2025 was 52.56.

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

BOM:526073' s Days Payable Range Over the Past 10 Years
Min: 66.55   Med: 87.31   Max: 100.26
Current: 99.91

During the past 13 years, Galaxy Bearings's highest Days Payable was 100.26. The lowest was 66.55. And the median was 87.31.

BOM:526073's Days Payable is ranked better than
60.95% of 2945 companies
in the Industrial Products industry
Industry Median: 79.9 vs BOM:526073: 99.91

Galaxy Bearings's Days Payable declined from Mar. 2024 (79.22) to Mar. 2025 (52.56). It may suggest that Galaxy Bearings accelerated paying its suppliers.


Galaxy Bearings Days Payable Historical Data

The historical data trend for Galaxy Bearings'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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Galaxy Bearings Days Payable Chart

Galaxy Bearings Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 82.18 66.55 73.68 100.04 91.68

Galaxy Bearings Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 79.22 147.62 69.27 462.30 52.56

Competitive Comparison of Galaxy Bearings's Days Payable

For the Metal Fabrication subindustry, Galaxy Bearings'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.


Galaxy Bearings's Days Payable Distribution in the Industrial Products Industry

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

* The bar in red indicates where Galaxy Bearings's Days Payable falls into.


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Galaxy Bearings 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.

Galaxy Bearings's Days Payable for the fiscal year that ended in Mar. 2025 is calculated as

Days Payable (A: Mar. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2024 ) + Accounts Payable (A: Mar. 2025 )) / count ) / Cost of Goods Sold (A: Mar. 2025 )*Days in Period
=( (141.469 + 82.323) / 2 ) / 445.467*365
=111.896 / 445.467*365
=91.68

Galaxy Bearings's Days Payable for the quarter that ended in Mar. 2025 is calculated as:

Days Payable (Q: Mar. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2024 ) + Accounts Payable (Q: Mar. 2025 )) / count ) / Cost of Goods Sold (Q: Mar. 2025 )*Days in Period
=( (0 + 82.323) / 1 ) / 142.918*365 / 4
=82.323 / 142.918*365 / 4
=52.56

* 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.


Galaxy Bearings Days Payable Related Terms

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


Galaxy Bearings Business Description

Traded in Other Exchanges
N/A
Address
C.G. Road, Ellisbridge, A-53/54, 5th Floor, Pariseema Complex, Ahmedabad, GJ, IND, 380006
Galaxy Bearings Ltd is engaged in manufacturing of bearings. It operates in a single segment, namely in ball and roller bearings. The company's product offering includes Tapered Roller Bearings, Cylindrical Roller Bearings and Wheel Hub Bearings.

Galaxy Bearings Headlines

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