Danlaw Technologies India (BOM:532329) Days Payable : 66.05 (As of Dec. 2023)

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What is Danlaw Technologies India Days Payable?

Danlaw Technologies India's average Accounts Payable for the three months ended in Dec. 2023 was ₹230 Mil. Danlaw Technologies India's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹317 Mil. Hence, Danlaw Technologies India's Days Payable for the three months ended in Dec. 2023 was 66.05.

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

BOM:532329' s Days Payable Range Over the Past 10 Years
Min: 4.44 Med: 49.61 Max: 111.48
Current: 41.83

During the past 13 years, Danlaw Technologies India's highest Days Payable was 111.48. The lowest was 4.44. And the median was 49.61.

BOM:532329's Days Payable is ranked worse than
73.39% of 1259 companies
in the Vehicles & Parts industry
Industry Median: 65.87 vs BOM:532329: 41.83

Danlaw Technologies India's Days Payable increased from Dec. 2022 (52.55) to Dec. 2023 (66.05). It may suggest that Danlaw Technologies India delayed paying its suppliers.

Danlaw Technologies India Days Payable Historical Data

The historical data trend for Danlaw Technologies India'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.

* Premium members only.

Danlaw Technologies India Days Payable Chart

Danlaw Technologies India Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

Get a 7-Day Free Trial

74.42

111.48

59.79

47.73

42.29

Danlaw Technologies India Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															52.55	27.12	39.20	54.61	66.05

Competitive Comparison of Danlaw Technologies India's Days Payable

For the Auto Parts subindustry, Danlaw Technologies India'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.

Danlaw Technologies India's Days Payable Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Danlaw Technologies India's Days Payable distribution charts can be found below:

* The bar in red indicates where Danlaw Technologies India's Days Payable falls into.

Danlaw Technologies India 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.

Danlaw Technologies India's Days Payable for the fiscal year that ended in Mar. 2023 is calculated as

	Days Payable (A: Mar. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2022 )	+	Accounts Payable (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (148.185	+	162.62)	/	2 )	/	1341.218	*	365
=	155.4025					/	1341.218	*	365
=	42.29

Danlaw Technologies India's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (229.805	+	0)	/	1 )	/	317.465	*	365 / 4
=	229.805					/	317.465	*	365 / 4
=	66.05

Danlaw Technologies India Days Payable Related Terms

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Danlaw Technologies India (BOM:532329) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Danlaw Technologies India Ltd (BOM:532329) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

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Address

Unit No. 201,202 & 203, Gowra Fountainhead, Huda Techno Enclave, Patrikanagar, Madhapur, Hyderabad, TG, IND, 500081

Website

https://www.danlawtechnologies.com

Danlaw Technologies India Ltd is providing engineering, software development consulting services, and Industrial electronics to the Automotive and aerospace industries. Its products include the DataLogger device, Telematics product, Body control products and testing products. The company generates revenue from the sale of products and services, where the majority of its revenue is from the sale of products.

Danlaw Technologies India (BOM:532329) Headlines

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