Setubandhan Infrastructure (BOM:533605) Days Payable: 104.50 (As of Mar. 2023)

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BOM:533605 Setubandhan Infrastructure Ltd BOM:533605
4 GF Score
Price ₹0.42
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What is Setubandhan Infrastructure Days Payable?

Setubandhan Infrastructure BOM:533605 4 Days Payable is 104.50 as of Mar. 2023. GuruFocus rates BOM:533605 with a GF Score™ of 4/100.

Setubandhan Infrastructure's average Accounts Payable for the three months ended in Mar. 2023 was ₹288.3 Mil. Setubandhan Infrastructure's Cost of Goods Sold for the three months ended in Mar. 2023 was ₹251.8 Mil. Hence, Setubandhan Infrastructure's Days Payable for the three months ended in Mar. 2023 was 104.50.

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

BOM:533605's Days Payable is not ranked *
in the Construction industry.
Industry Median: 76.5
* Ranked among companies with meaningful Days Payable only.

Setubandhan Infrastructure's Days Payable declined from Mar. 2022 (174.18) to Mar. 2023 (104.50). It may suggest that Setubandhan Infrastructure accelerated paying its suppliers.


Setubandhan Infrastructure Days Payable Historical Data

* Premium members only.

The historical data trend for Setubandhan Infrastructure'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.

Setubandhan Infrastructure Days Payable Chart

Setubandhan Infrastructure Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 64.33 65.84 56.17 86.95 197.67

Setubandhan Infrastructure Quarterly Data
Mar17 Mar18 Jun18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 174.18 490.20 177.10 160.41 104.50

BOM:533605 vs PWR, J: Days Payable Comparison

For the Engineering & Construction subindustry, Setubandhan Infrastructure'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.


Setubandhan Infrastructure Days Payable vs Construction Industry

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

* The bar in red indicates where Setubandhan Infrastructure's Days Payable falls into.


BOM:533605
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Setubandhan Infrastructure Ltd BOM:533605
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Setubandhan Infrastructure 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.

Setubandhan Infrastructure's Days Payable for the fiscal year that ended in Mar. 2023 is calculated as

Days Payable (A: Mar. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2022 ) + Accounts Payable (A: Mar. 2023 )) / count ) / Cost of Goods Sold (A: Mar. 2023 )*Days in Period
=( (417.346 + 288.338) / 2 ) / 651.52*365
=352.842 / 651.52*365
=197.67

Setubandhan Infrastructure's Days Payable for the quarter that ended in Mar. 2023 is calculated as:

Days Payable (Q: Mar. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2022 ) + Accounts Payable (Q: Mar. 2023 )) / count ) / Cost of Goods Sold (Q: Mar. 2023 )*Days in Period
=( (0 + 288.338) / 1 ) / 251.769*365 / 4
=288.338 / 251.769*365 / 4
=104.50

* 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 104.50 mean?
Setubandhan Infrastructure (BOM:533605) has a Days Payable of 104.50 as of Mar. 2023. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Setubandhan Infrastructure and its competitors.
Is Setubandhan Infrastructure's Days Payable too high?
Setubandhan Infrastructure's current Days Payable is 104.50. The Construction industry median Days Payable is 76.50. Setubandhan Infrastructure's value of 104.50 is 36.6% above this industry median. Overall, Setubandhan Infrastructure has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Setubandhan Infrastructure's Days Payable compare to PWR and J?
Setubandhan Infrastructure's Days Payable of 104.50 can be compared against companies in the Construction industry. The industry median Days Payable is 76.50. Setubandhan Infrastructure's value of 104.50 is 36.6% 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 76.50, based on 1,716 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. Setubandhan Infrastructure's current Days Payable of 104.50 is 36.6% 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 Setubandhan Infrastructure and its competitors. For the Construction industry, the median Days Payable is 76.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Setubandhan Infrastructure's current Days Payable is 104.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Setubandhan Infrastructure stock overvalued right now?
Setubandhan Infrastructure (BOM:533605) has a current Days Payable of 104.50. The current Days Payable is 104.50 and 36.6% above the Construction industry median of 76.50. Setubandhan Infrastructure's overall GF Score™ is 4/100. 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 Setubandhan Infrastructure (BOM:533605), the current Days Payable is 104.50 as of Mar. 2023. 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.

Setubandhan Infrastructure Business Description

Address Trimbak Road, Near Ved Mandir, 3A- 3rd Floor, The Exchange, Tidke Colony, Nashik, MH, IND, 422002
Setubandhan Infrastructure Ltd is an India-based company engaged in the activities of construction. It has a business of construction for government and semi-government authorities such as buildings, quarters, roads, bridges, airports, godowns, and hospitals, and works for private bodies for the construction of industrial buildings, residential and commercial complexes, townships, healthcare centers and institutional campuses with all related utility services. The company is also engaged in the business of real estate development.
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