GURUFOCUS.COM » STOCK LIST » Technology » Hardware » TVS Electronics Ltd (BOM:532513) » Definitions » Days Payable

TVS Electronics (BOM:532513) Days Payable : 129.58 (As of Mar. 2024)


View and export this data going back to 2003. Start your Free Trial

What is TVS Electronics Days Payable?

TVS Electronics's average Accounts Payable for the three months ended in Mar. 2024 was ₹719 Mil. TVS Electronics's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹506 Mil. Hence, TVS Electronics's Days Payable for the three months ended in Mar. 2024 was 129.58.

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

BOM:532513' s Days Payable Range Over the Past 10 Years
Min: 26.67   Med: 101.36   Max: 185.73
Current: 130.39

During the past 13 years, TVS Electronics's highest Days Payable was 185.73. The lowest was 26.67. And the median was 101.36.

BOM:532513's Days Payable is ranked better than
80.4% of 2424 companies
in the Hardware industry
Industry Median: 68.08 vs BOM:532513: 130.39

TVS Electronics's Days Payable increased from Mar. 2023 (126.68) to Mar. 2024 (129.58). It may suggest that TVS Electronics delayed paying its suppliers.


TVS Electronics Days Payable Historical Data

The historical data trend for TVS Electronics'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.

TVS Electronics Days Payable Chart

TVS Electronics Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 162.27 185.73 152.81 133.63 135.17

TVS Electronics 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 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 126.68 129.20 126.35 126.60 129.58

Competitive Comparison of TVS Electronics's Days Payable

For the Computer Hardware subindustry, TVS Electronics'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.


TVS Electronics's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, TVS Electronics's Days Payable distribution charts can be found below:

* The bar in red indicates where TVS Electronics's Days Payable falls into.



TVS Electronics 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.

TVS Electronics'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
=( (681.9 + 718.7) / 2 ) / 1891*365
=700.3 / 1891*365
=135.17

TVS Electronics'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 + 718.7) / 1 ) / 506.1*365 / 4
=718.7 / 506.1*365 / 4
=129.58

* 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.


TVS Electronics Days Payable Related Terms

Thank you for viewing the detailed overview of TVS Electronics's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.


TVS Electronics (BOM:532513) Business Description

Traded in Other Exchanges
Address
No. 117/1, L.B. Road, Arihant E-Park, 9th Floor, Adyar, Chennai, TN, IND, 600 020
TVS Electronics Ltd is a manufacturer and service provider of Transaction Automation IT Products. The company's operating segments include Products & Solutions; and Customer support services. The company generates maximum revenue from the Products & Solutions segment that design, manufacture, assemble, market, sell and service various transaction automation products like Dot Matrix Printers, Thermal Printers, Label Printers, CCTV Cameras, Mechanical Keyboards, Membrane Keyboards, Mouse, Barcode Scanners, Electronic Cash Registers and Currency Counting Machines. The company provides services for products such as IT products, Telecom, Banking, Retail Automation, Consumer Electronics, and Security Devices.

TVS Electronics (BOM:532513) Headlines

No Headlines