Unity Infraprojects (BOM:532746) Days Payable: 86.74 (As of Mar. 2017)

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What is Unity Infraprojects Days Payable?

Unity Infraprojects BOM:532746 Days Payable is 86.74 as of Mar. 2017.

Unity Infraprojects's average Accounts Payable for the six months ended in Mar. 2017 was ₹2,150 Mil. Unity Infraprojects's Cost of Goods Sold for the six months ended in Mar. 2017 was ₹9,047 Mil. Hence, Unity Infraprojects's Days Payable for the six months ended in Mar. 2017 was 43.37.

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

BOM:532746's Days Payable is not ranked *
in the Construction industry.
Industry Median: 76.51
* Ranked among companies with meaningful Days Payable only.

Unity Infraprojects's Days Payable declined from Mar. 2015 (160.11) to Mar. 2017 (86.74). It may suggest that Unity Infraprojects accelerated paying its suppliers.

Unity Infraprojects Days Payable Historical Data

* Premium members only.

The historical data trend for Unity Infraprojects'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.

Unity Infraprojects Days Payable Chart

Unity Infraprojects Annual Data
Trend Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 79.55 97.71 160.11 193.27 86.74

Unity Infraprojects Semi-Annual Data
Mar07 Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 79.55 97.71 160.11 193.27 86.74

BOM:532746 vs ATRM: Days Payable Comparison

For the Engineering & Construction subindustry, Unity Infraprojects'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.

Unity Infraprojects Days Payable vs Construction Industry

For the Construction industry and Industrials sector, Unity Infraprojects's Days Payable distribution charts can be found below:

* The bar in red indicates where Unity Infraprojects's Days Payable falls into.


Unity Infraprojects 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.

Unity Infraprojects's Days Payable for the fiscal year that ended in Mar. 2017 is calculated as

Days Payable (A: Mar. 2017 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2016 ) + Accounts Payable (A: Mar. 2017 )) / count ) / Cost of Goods Sold (A: Mar. 2017 )*Days in Period
=( (1822.421 + 2477.542) / 2 ) / 9046.644*365
=2149.9815 / 9046.644*365
=86.74

Unity Infraprojects's Days Payable for the quarter that ended in Mar. 2017 is calculated as:

Days Payable (Q: Mar. 2017 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2016 ) + Accounts Payable (Q: Mar. 2017 )) / count ) / Cost of Goods Sold (Q: Mar. 2017 )*Days in Period
=( (1822.421 + 2477.542) / 2 ) / 9046.644*365 / 2
=2149.9815 / 9046.644*365 / 2
=43.37

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 86.74 mean?
Unity Infraprojects (BOM:532746) has a Days Payable of 86.74 as of Mar. 2017. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Unity Infraprojects and its competitors.
Is Unity Infraprojects' Days Payable too high?
Unity Infraprojects' current Days Payable is 86.74. The Construction industry median Days Payable is 76.51. Unity Infraprojects' value of 86.74 is 13.4% above this industry median.
How does Unity Infraprojects' Days Payable compare to ATRM?
Unity Infraprojects' Days Payable of 86.74 can be compared against companies in the Construction industry. The industry median Days Payable is 76.51. Unity Infraprojects' value of 86.74 is 13.4% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Construction company?
The median Days Payable among Construction companies is 76.51, based on 1,717 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Unity Infraprojects's current Days Payable of 86.74 is 13.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Unity Infraprojects and its competitors. For the Construction industry, the median Days Payable is 76.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Unity Infraprojects's current Days Payable is 86.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Unity Infraprojects stock overvalued right now?
Unity Infraprojects (BOM:532746) has a current Days Payable of 86.74. The current Days Payable is 86.74 and 13.4% above the Construction industry median of 76.51. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Unity Infraprojects (BOM:532746), the current Days Payable is 86.74 as of Mar. 2017. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Unity Infraprojects Business Description

Address Old Prabhadevi Road, 1252, Pushpanjali Apartments, Prabhadevi, Mumbai, MH, IND, 400025
Unity Infraprojects Ltd is an infrastructure construction company in India. It is predominantly engaged in the construction of civil engineering project works such as bridges, roads, flyovers, rail stations, tunnel and dams, and high-rise structures. In addition, the company is also involved in other business verticals consisting of transportation projects, and irrigation, water and sewerage projects. The group generates the majority of the revenue from the construction works of civil projects.