Technofab Engineering (BOM:533216) Days Payable : 292.52 (As of Sep. 2022)

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What is Technofab Engineering Days Payable?

Technofab Engineering's average Accounts Payable for the three months ended in Sep. 2022 was ₹1,024 Mil. Technofab Engineering's Cost of Goods Sold for the three months ended in Sep. 2022 was ₹319 Mil. Hence, Technofab Engineering's Days Payable for the three months ended in Sep. 2022 was 292.52.

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

BOM:533216's Days Payable is not ranked ^*
in the Construction industry.
Industry Median: 75.46
* Ranked among companies with meaningful Days Payable only.

Technofab Engineering's Days Payable declined from Sep. 2021 (333.20) to Sep. 2022 (292.52). It may suggest that Technofab Engineering accelerated paying its suppliers.

Technofab Engineering Days Payable Historical Data

The historical data trend for Technofab Engineering'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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Technofab Engineering Days Payable Chart

Technofab Engineering Annual Data

Trend

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Days Payable

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172.68

197.35

550.96

950.00

265.84

Technofab Engineering Quarterly Data
	Mar17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Days Payable	Get a 7-Day Free Trial															333.20	190.62	187.30	180.54	292.52

Competitive Comparison of Technofab Engineering's Days Payable

For the Engineering & Construction subindustry, Technofab Engineering'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.

Technofab Engineering's Days Payable Distribution in the Construction Industry

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

* The bar in red indicates where Technofab Engineering's Days Payable falls into.

Technofab Engineering 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.

Technofab Engineering's Days Payable for the fiscal year that ended in Mar. 2022 is calculated as

	Days Payable (A: Mar. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2021 )	+	Accounts Payable (A: Mar. 2022 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2022 )	*	Days in Period
=	( (713.89	+	863.846)	/	2 )	/	1083.117	*	365
=	788.868					/	1083.117	*	365
=	265.84

Technofab Engineering's Days Payable for the quarter that ended in Sep. 2022 is calculated as:

	Days Payable (Q: Sep. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2022 )	+	Accounts Payable (Q: Sep. 2022 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2022 )	*	Days in Period
=	( (0	+	1023.522)	/	1 )	/	319.281	*	365 / 4
=	1023.522					/	319.281	*	365 / 4
=	292.52

Technofab Engineering Days Payable Related Terms

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Technofab Engineering Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Technofab Engineering Ltd (BOM:533216) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

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Address

Mathura Road, Plot No.5, Sector-27C, Faridabad, HR, IND, 121003

Website

http://www.technofabengineering.com

Technofab Engineering Ltd is engaged majorly in the business of construction and engineering. In addition, the company provides long-distance pipelines, communication and power line and construction services. It serves both domestic and overseas clients, who operate in diverse sectors like thermal power, nuclear power, electrical, oil and gas, and industrial. It has operations in India, Ghana, Ethiopia, Kenya, Zambia, Fiji, Malawi, Liberia, and Zimbabwe. The Company is engaged primarily in one primary business segment of engineering procurement contracts for electricity, water infrastructure, oil handling systems etc.

Technofab Engineering Headlines

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