Astra Microwave Products (BOM:532493) Days Payable : 37.98 (As of Dec. 2023)

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What is Astra Microwave Products Days Payable?

Astra Microwave Products's average Accounts Payable for the three months ended in Dec. 2023 was ₹507 Mil. Astra Microwave Products's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹1,218 Mil. Hence, Astra Microwave Products's Days Payable for the three months ended in Dec. 2023 was 37.98.

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

BOM:532493' s Days Payable Range Over the Past 10 Years
Min: 31.53 Med: 42.28 Max: 232.71
Current: 36.71

During the past 13 years, Astra Microwave Products's highest Days Payable was 232.71. The lowest was 31.53. And the median was 42.28.

BOM:532493's Days Payable is ranked worse than
81.72% of 2423 companies
in the Hardware industry
Industry Median: 67.77 vs BOM:532493: 36.71

Astra Microwave Products's Days Payable declined from Dec. 2022 (39.91) to Dec. 2023 (37.98). It may suggest that Astra Microwave Products accelerated paying its suppliers.

Astra Microwave Products Days Payable Historical Data

The historical data trend for Astra Microwave Products'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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Astra Microwave Products Days Payable Chart

Astra Microwave Products Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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44.16

58.97

40.40

32.17

35.52

Astra Microwave Products 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															39.91	23.11	43.55	42.40	37.98

Competitive Comparison of Astra Microwave Products's Days Payable

For the Communication Equipment subindustry, Astra Microwave Products'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.

Astra Microwave Products's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Astra Microwave Products's Days Payable distribution charts can be found below:

* The bar in red indicates where Astra Microwave Products's Days Payable falls into.

Astra Microwave Products 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.

Astra Microwave Products'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
=	( (553.846	+	458.147)	/	2 )	/	5199.013	*	365
=	505.9965					/	5199.013	*	365
=	35.52

Astra Microwave Products'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
=	( (506.903	+	0)	/	1 )	/	1217.971	*	365 / 4
=	506.903					/	1217.971	*	365 / 4
=	37.98

Astra Microwave Products Days Payable Related Terms

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Astra Microwave Products (BOM:532493) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Astra Microwave Products Ltd (BOM:532493) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

ASTRAMICRO:India

Address

Astra Towers, Survey No.12 (Part), Kothaguda Post, Opp. CII Green Building, Kondapur, Hitech City, Hyderabad, TG, IND, 500038

Website

https://www.astramwp.com

Astra Microwave Products Ltd is engaged in designing and manufacturing radio frequency (RF) and microwave super components and sub-systems finding applications in defense, space, telecom, meteorology, and civil communication systems. The principal activity of the company is to carry on the business to manufacture, produce, assemble, repair, maintain, importing, export, buy, sell, or otherwise deal in all kinds of electronic items and components.

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