India Tourism Development (BOM:532189) Days Payable : 110.01 (As of Mar. 2024)

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What is India Tourism Development Days Payable?

India Tourism Development's average Accounts Payable for the three months ended in Mar. 2024 was ₹880 Mil. India Tourism Development's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹730 Mil. Hence, India Tourism Development's Days Payable for the three months ended in Mar. 2024 was 110.01.

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

BOM:532189' s Days Payable Range Over the Past 10 Years
Min: 130.93 Med: 161.44 Max: 319.91
Current: 130.93

During the past 13 years, India Tourism Development's highest Days Payable was 319.91. The lowest was 130.93. And the median was 161.44.

BOM:532189's Days Payable is ranked better than
74.34% of 756 companies
in the Travel & Leisure industry
Industry Median: 59.87 vs BOM:532189: 130.93

India Tourism Development's Days Payable declined from Mar. 2023 (136.73) to Mar. 2024 (110.01). It may suggest that India Tourism Development accelerated paying its suppliers.

India Tourism Development Days Payable Historical Data

The historical data trend for India Tourism Development'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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India Tourism Development Days Payable Chart

India Tourism Development Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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156.42

203.77

161.46

161.41

137.92

India Tourism Development 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															136.73	176.51	115.77	114.87	110.01

Competitive Comparison of India Tourism Development's Days Payable

For the Lodging subindustry, India Tourism Development'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.

India Tourism Development's Days Payable Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, India Tourism Development's Days Payable distribution charts can be found below:

* The bar in red indicates where India Tourism Development's Days Payable falls into.

India Tourism Development 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.

India Tourism Development'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
=	( (1152.055	+	879.503)	/	2 )	/	2688.194	*	365
=	1015.779					/	2688.194	*	365
=	137.92

India Tourism Development'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	+	879.503)	/	1 )	/	729.511	*	365 / 4
=	879.503					/	729.511	*	365 / 4
=	110.01

India Tourism Development Days Payable Related Terms

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India Tourism Development (BOM:532189) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » India Tourism Development Corp Ltd (BOM:532189) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

ITDC:India

Address

7 Lodi Road, Scope Complex, Core 8, 6th Floor, New Delhi, IND, 110003

Website

https://www.itdc.co.in

India Tourism Development Corp Ltd operates in the hotel industry. The company's operating segment includes Hotel/Restaurant Operations; Duty Free Shops Operations; Travel and Tour Operations; Ashok Events and Misc. Operations; Construction, Consultancy and SEL Projects and Others. It generates maximum revenue from the Hotel/Restaurant Operations segment.

India Tourism Development (BOM:532189) Headlines

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