Apex Buildsys (BOM:531615) Days Payable: 225.41 (As of Mar. 2016)

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What is Apex Buildsys Days Payable?

Apex Buildsys BOM:531615 Days Payable is 225.41 as of Mar. 2016.

Apex Buildsys's average Accounts Payable for the six months ended in Mar. 2016 was ₹464.1 Mil. Apex Buildsys's Cost of Goods Sold for the six months ended in Mar. 2016 was ₹751.5 Mil. Hence, Apex Buildsys's Days Payable for the six months ended in Mar. 2016 was 112.70.

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

BOM:531615's Days Payable is not ranked *
in the Construction industry.
Industry Median: 76.61
* Ranked among companies with meaningful Days Payable only.

Apex Buildsys's Days Payable increased from Mar. 2014 (87.33) to Mar. 2016 (225.41). It may suggest that Apex Buildsys delayed paying its suppliers.

Apex Buildsys Days Payable Historical Data

* Premium members only.

The historical data trend for Apex Buildsys'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.

Apex Buildsys Days Payable Chart

Apex Buildsys Annual Data
Trend Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16
Days Payable
Get a 7-Day Free Trial 591.94 32.91 87.33 112.99 225.41

Apex Buildsys Semi-Annual Data
Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16
Days Payable Get a 7-Day Free Trial 591.94 32.91 87.33 112.99 225.41

BOM:531615 vs GDSI, CMXC, STLY: Days Payable Comparison

For the Engineering & Construction subindustry, Apex Buildsys'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.

Apex Buildsys Days Payable vs Construction Industry

For the Construction industry and Industrials sector, Apex Buildsys's Days Payable distribution charts can be found below:

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


Apex Buildsys 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.

Apex Buildsys's Days Payable for the fiscal year that ended in Mar. 2016 is calculated as

Days Payable (A: Mar. 2016 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2015 ) + Accounts Payable (A: Mar. 2016 )) / count ) / Cost of Goods Sold (A: Mar. 2016 )*Days in Period
=( (470.577 + 457.575) / 2 ) / 751.48*365
=464.076 / 751.48*365
=225.41

Apex Buildsys's Days Payable for the quarter that ended in Mar. 2016 is calculated as:

Days Payable (Q: Mar. 2016 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2015 ) + Accounts Payable (Q: Mar. 2016 )) / count ) / Cost of Goods Sold (Q: Mar. 2016 )*Days in Period
=( (470.577 + 457.575) / 2 ) / 751.48*365 / 2
=464.076 / 751.48*365 / 2
=112.70

* 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 225.41 mean?
Apex Buildsys (BOM:531615) has a Days Payable of 225.41 as of Mar. 2016. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Apex Buildsys and its competitors.
Is Apex Buildsys' Days Payable too high?
Apex Buildsys' current Days Payable is 225.41. The Construction industry median Days Payable is 76.61. Apex Buildsys' value of 225.41 is 194.2% above this industry median.
How does Apex Buildsys' Days Payable compare to GDSI and CMXC?
Apex Buildsys' Days Payable of 225.41 can be compared against companies in the Construction industry. The industry median Days Payable is 76.61. Apex Buildsys' value of 225.41 is 194.2% 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 a Construction company?
The median Days Payable among Construction companies is 76.61, based on 1,718 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. Apex Buildsys's current Days Payable of 225.41 is 194.2% 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 Apex Buildsys and its competitors. For the Construction industry, the median Days Payable is 76.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Apex Buildsys's current Days Payable is 225.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Apex Buildsys stock overvalued right now?
Apex Buildsys (BOM:531615) has a current Days Payable of 225.41. The current Days Payable is 225.41 and 194.2% above the Construction industry median of 76.61. 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 Apex Buildsys (BOM:531615), the current Days Payable is 225.41 as of Mar. 2016. 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.

Apex Buildsys Business Description

Address Plot no. 17, Phase 4, Sector 18, INCUSPAZE CAMPUS, 5th Floor, Udyog Vihar, Gurugram, HR, IND, 122015
Apex Buildsys Ltd is the Pre Engineered Steel Buildings Manufacturer Company. The company deals with Heavy Fabrications, and Turnkey Solution. Its business segment includes Metal Products and Allied Services, Entertainment Business and others. It is further divided into three divisions namely Engineering division, Manufacturing division, and Execution division. The company generates a majority of its revenue from Metal Products.