Mercator (BOM:526235) Days Payable: 3,016,907.50 (As of Mar. 2024)


BOM:526235 Mercator Ltd BOM:526235
4 GF Score
Price ₹0.84
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What is Mercator Days Payable?

Mercator BOM:526235 4 Days Payable is 3,016,907.50 as of Mar. 2024. GuruFocus rates BOM:526235 with a GF Score™ of 4/100.

Mercator's average Accounts Payable for the three months ended in Mar. 2024 was ₹1,322.48 Mil. Mercator's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹0.04 Mil. Hence, Mercator's Days Payable for the three months ended in Mar. 2024 was 3,016,907.50.

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

BOM:526235's Days Payable is not ranked *
in the Other Energy Sources industry.
Industry Median: 66.315
* Ranked among companies with meaningful Days Payable only.

Mercator's Days Payable increased from Mar. 2023 (677,075.00) to Mar. 2024 (3,016,907.50). It may suggest that Mercator delayed paying its suppliers.

Mercator Days Payable Historical Data

* Premium members only.

The historical data trend for Mercator'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.

Mercator Days Payable Chart

Mercator Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 139.22 293.46 548,220.59 664,528.13 898,565.96

Mercator 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 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 677,075.00 752,305.56 1,047,783.19 1,109,417.50 3,016,907.50

Mercator Days Payable Competitor Comparison

For the Thermal Coal subindustry, Mercator'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.

Mercator Days Payable vs Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Mercator's Days Payable distribution charts can be found below:

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


BOM:526235
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Mercator Ltd BOM:526235
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Mercator 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.

Mercator'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
=( (1484 + 1322.48) / 2 ) / 0.57*365
=1403.24 / 0.57*365
=898,565.96

Mercator'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 + 1322.48) / 1 ) / 0.04*365 / 4
=1322.48 / 0.04*365 / 4
=3,016,907.50

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 3,016,907.50 mean?
Mercator (BOM:526235) has a Days Payable of 3,016,907.50 as of Mar. 2024. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Mercator and its competitors.
Is Mercator's Days Payable too high?
Mercator's current Days Payable is 3,016,907.50. The Other Energy Sources industry median Days Payable is 66.32. Mercator's value of 3,016,907.50 is 4549259.1% above this industry median. Overall, Mercator has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Mercator's Days Payable compare to competitors?
Mercator's Days Payable of 3,016,907.50 can be compared against companies in the Other Energy Sources industry. The industry median Days Payable is 66.32. Mercator's value of 3,016,907.50 is 4549259.1% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for an Other Energy Sources company?
The median Days Payable among Other Energy Sources companies is 66.32, based on 128 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Mercator's current Days Payable of 3,016,907.50 is 4549259.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Mercator and its competitors. For the Other Energy Sources industry, the median Days Payable is 66.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mercator's current Days Payable is 3,016,907.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mercator stock overvalued right now?
Mercator (BOM:526235) has a current Days Payable of 3,016,907.50. The current Days Payable is 3,016,907.50 and 4549259.1% above the Other Energy Sources industry median of 66.32. Mercator's overall GF Score™ is 4/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Mercator (BOM:526235), the current Days Payable is 3,016,907.50 as of Mar. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Mercator Business Description

Address Nariman Point, 83-87, 8th Floor, B-Wing, Mittal Tower, Mumbai, MH, IND, 400 021
Mercator Ltd is an Indian company engaged in diversified business with interests in coal, oil & gas, shipping and dredging. The company operates a variety of shipping fleets including crude carriers, gas carriers, petroleum product carriers, and bulk carriers. It operates in single primary business segment of Water transport.
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