Emgee Cablesmmunications (BOM:530333) Days Payable: 105.76 (As of Dec. 2017)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Emgee Cablesmmunications Days Payable?

Emgee Cablesmmunications BOM:530333 Days Payable is 105.76 as of Dec. 2017.

Emgee Cablesmmunications's average Accounts Payable for the three months ended in Dec. 2017 was ₹565 Mil. Emgee Cablesmmunications's Cost of Goods Sold for the three months ended in Dec. 2017 was ₹488 Mil. Hence, Emgee Cablesmmunications's Days Payable for the three months ended in Dec. 2017 was 105.76.

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

BOM:530333's Days Payable is not ranked *
in the Industrial Products industry.
Industry Median: 78.065
* Ranked among companies with meaningful Days Payable only.

Emgee Cablesmmunications's Days Payable increased from Dec. 2016 (59.37) to Dec. 2017 (105.76). It may suggest that Emgee Cablesmmunications delayed paying its suppliers.


Emgee Cablesmmunications Days Payable Historical Data

* Premium members only.

The historical data trend for Emgee Cablesmmunications'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.

Emgee Cablesmmunications Days Payable Chart

Emgee Cablesmmunications Annual Data
Trend Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 42.37 48.62 57.76 91.96 122.47

Emgee Cablesmmunications Quarterly Data
Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17
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 59.37 120.69 134.59 152.79 105.76

BOM:530333 vs ALPP, WAYS: Days Payable Comparison

For the Electrical Equipment & Parts subindustry, Emgee Cablesmmunications'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.


Emgee Cablesmmunications Days Payable vs Industrial Products Industry

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

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



Emgee Cablesmmunications 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.

Emgee Cablesmmunications's Days Payable for the fiscal year that ended in Mar. 2017 is calculated as

Days Payable (A: Mar. 2017 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2016 ) + Accounts Payable (A: Mar. 2017 )) / count ) / Cost of Goods Sold (A: Mar. 2017 )*Days in Period
=( (430.507 + 640.774) / 2 ) / 1596.35*365
=535.6405 / 1596.35*365
=122.47

Emgee Cablesmmunications's Days Payable for the quarter that ended in Dec. 2017 is calculated as:

Days Payable (Q: Dec. 2017 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2017 ) + Accounts Payable (Q: Dec. 2017 )) / count ) / Cost of Goods Sold (Q: Dec. 2017 )*Days in Period
=( (565.37 + 0) / 1 ) / 487.803*365 / 4
=565.37 / 487.803*365 / 4
=105.76

* 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 105.76 mean?
Emgee Cablesmmunications (BOM:530333) has a Days Payable of 105.76 as of Dec. 2017. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Emgee Cablesmmunications and its competitors.
Is Emgee Cablesmmunications' Days Payable too high?
Emgee Cablesmmunications' current Days Payable is 105.76. The Industrial Products industry median Days Payable is 78.07. Emgee Cablesmmunications' value of 105.76 is 35.5% above this industry median.
How does Emgee Cablesmmunications' Days Payable compare to ALPP and WAYS?
Emgee Cablesmmunications' Days Payable of 105.76 can be compared against companies in the Industrial Products industry. The industry median Days Payable is 78.07. Emgee Cablesmmunications' value of 105.76 is 35.5% 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 Industrial Products company?
The median Days Payable among Industrial Products companies is 78.07, based on 2,994 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. Emgee Cablesmmunications's current Days Payable of 105.76 is 35.5% 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 Emgee Cablesmmunications and its competitors. For the Industrial Products industry, the median Days Payable is 78.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Emgee Cablesmmunications's current Days Payable is 105.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Emgee Cablesmmunications stock overvalued right now?
Emgee Cablesmmunications (BOM:530333) has a current Days Payable of 105.76. The current Days Payable is 105.76 and 35.5% above the Industrial Products industry median of 78.07. 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 Emgee Cablesmmunications (BOM:530333), the current Days Payable is 105.76 as of Dec. 2017. 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.

Emgee Cablesmmunications Business Description

Address Alankar Plaza, Central Spine, T-16, 3rd Floor, Vidhyadhar Nagar, Jaipur, RJ, IND, 302023
Emgee Cables & Communications Ltd is engaged in the manufacture and trade of wires and cables. The company produces copper and copper alloy, wires and conductors, Polymerization of vinyl chloride (PVC) insulated wire and cables, electrical and electronic items, does power transmission and distribution projects on turnkey basis and engineering solutions. The company gives services to energy, construction, consumer and industrial sectors, pump manufactures, aerospace, medical, automobile, telecommunication, electronic, railways, and defense sectors. It derives most of its revenues from the sale of the wires and cables business and has operations spread across India.