Shivam Autotech (BOM:532776) Days Payable : 89.52 (As of Dec. 2024)

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What is Shivam Autotech Days Payable?

Shivam Autotech's average Accounts Payable for the three months ended in Dec. 2024 was ₹558 Mil. Shivam Autotech's Cost of Goods Sold for the three months ended in Dec. 2024 was ₹569 Mil. Hence, Shivam Autotech's Days Payable for the three months ended in Dec. 2024 was 89.52.

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

BOM:532776' s Days Payable Range Over the Past 10 Years
Min: 61.04 Med: 79.77 Max: 120.62
Current: 71.18

During the past 13 years, Shivam Autotech's highest Days Payable was 120.62. The lowest was 61.04. And the median was 79.77.

BOM:532776's Days Payable is ranked better than
55.06% of 1284 companies
in the Vehicles & Parts industry
Industry Median: 65.45 vs BOM:532776: 71.18

Shivam Autotech's Days Payable increased from Dec. 2023 (79.68) to Dec. 2024 (89.52). It may suggest that Shivam Autotech delayed paying its suppliers.

Shivam Autotech Days Payable Historical Data

The historical data trend for Shivam Autotech'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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Shivam Autotech Days Payable Chart

Shivam Autotech Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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97.03

120.62

105.65

96.15

82.68

Shivam Autotech 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															79.68	47.36	91.28	82.99	89.52

Competitive Comparison of Shivam Autotech's Days Payable

For the Auto Parts subindustry, Shivam Autotech'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.

Shivam Autotech's Days Payable Distribution in the Vehicles & Parts Industry

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

* The bar in red indicates where Shivam Autotech's Days Payable falls into.

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Shivam Autotech 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.

Shivam Autotech'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
=	( (746.99	+	553.835)	/	2 )	/	2871.434	*	365
=	650.4125					/	2871.434	*	365
=	82.68

Shivam Autotech'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
=	( (558.214	+	0)	/	1 )	/	569.033	*	365 / 4
=	558.214					/	569.033	*	365 / 4
=	89.52

Shivam Autotech Days Payable Related Terms

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Shivam Autotech Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Shivam Autotech Ltd (BOM:532776) » Definitions » Days Payable

Traded in Other Exchanges

SHIVAMAUTO:India

Address

Golf Course Extension Road, 10, 1st Floor, Tower A, Sector 61, Emaar Digital Greens, Gurugram, HR, IND, 122102

Website

https://www.shivamautotech.com

Shivam Autotech Ltd is a manufacturer of transmission gears and shafts in India. The company produces a variety of auto transmission components mainly for Original Equipment Manufacturers (OEMs). Its product portfolio includes various types of transmission gears, transmission shafts, spline shafts, plungers, power train components, and employing cold. warm, and hot forging techniques. Geographically, the company caters to both the Indian and the international markets of which, a majority of its revenue is derived from its business in India.

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