Visa Steel (BOM:532721) Days Payable : 48.28 (As of Dec. 2024)

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What is Visa Steel Days Payable?

Visa Steel's average Accounts Payable for the three months ended in Dec. 2024 was ₹390 Mil. Visa Steel's Cost of Goods Sold for the three months ended in Dec. 2024 was ₹737 Mil. Hence, Visa Steel's Days Payable for the three months ended in Dec. 2024 was 48.28.

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

BOM:532721' s Days Payable Range Over the Past 10 Years
Min: 34.12 Med: 51.69 Max: 166.84
Current: 40.05

During the past 13 years, Visa Steel's highest Days Payable was 166.84. The lowest was 34.12. And the median was 51.69.

BOM:532721's Days Payable is ranked better than
50.75% of 601 companies
in the Steel industry
Industry Median: 39.45 vs BOM:532721: 40.05

Visa Steel's Days Payable declined from Dec. 2023 (77.83) to Dec. 2024 (48.28). It may suggest that Visa Steel accelerated paying its suppliers.

Visa Steel Days Payable Historical Data

The historical data trend for Visa Steel'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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Visa Steel Days Payable Chart

Visa Steel Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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78.53

53.94

34.12

49.44

34.36

Visa Steel Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Payable	Get a 7-Day Free Trial															77.83	30.18	63.92	37.64	48.28

Competitive Comparison of Visa Steel's Days Payable

For the Steel subindustry, Visa Steel'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.

Visa Steel's Days Payable Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Visa Steel's Days Payable distribution charts can be found below:

* The bar in red indicates where Visa Steel's Days Payable falls into.

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Visa Steel 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.

Visa Steel'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
=	( (423.4	+	493.56)	/	2 )	/	4870.51	*	365
=	458.48					/	4870.51	*	365
=	34.36

Visa Steel's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

	Days Payable (Q: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2024 )	+	Accounts Payable (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (389.82	+	0)	/	1 )	/	736.83	*	365 / 4
=	389.82					/	736.83	*	365 / 4
=	48.28

Visa Steel Days Payable Related Terms

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Visa Steel Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Visa Steel Ltd (BOM:532721) » Definitions » Days Payable

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VISASTEEL:India

Address

11 Ekamra Kanan, Visa House, Nayapalli, Bhubaneswar, OR, IND, 751015

Website

http://www.visasteel.com

Visa Steel Ltd is an India-based mineral, metal, and energy company. It is engaged in the manufacturing of iron and steel products, including pig iron, sponge iron, special steel, and high carbon ferrochrome with the captive power plant at Kalinganagar, Odisha. The Company has a single segment Ferro Alloys. The firm's products range consists of special steel long products, Ferro Chrome and Coke. The firm generates a majority of its revenue from India.

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