Advance Metering Technology (BOM:534612) Days Payable : 290.47 (As of Mar. 2024)

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What is Advance Metering Technology Days Payable?

Advance Metering Technology's average Accounts Payable for the three months ended in Mar. 2024 was ₹38.4 Mil. Advance Metering Technology's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹12.1 Mil. Hence, Advance Metering Technology's Days Payable for the three months ended in Mar. 2024 was 290.47.

The historical rank and industry rank for Advance Metering Technology's Days Payable or its related term are showing as below:

BOM:534612' s Days Payable Range Over the Past 10 Years
Min: 102.37 Med: 204.34 Max: 1008.69
Current: 251.93

During the past 13 years, Advance Metering Technology's highest Days Payable was 1008.69. The lowest was 102.37. And the median was 204.34.

BOM:534612's Days Payable is ranked better than
92.43% of 2920 companies
in the Industrial Products industry
Industry Median: 76.585 vs BOM:534612: 251.93

Advance Metering Technology's Days Payable increased from Mar. 2023 (286.87) to Mar. 2024 (290.47). It may suggest that Advance Metering Technology delayed paying its suppliers.

Advance Metering Technology Days Payable Historical Data

The historical data trend for Advance Metering Technology'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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Advance Metering Technology Days Payable Chart

Advance Metering Technology Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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348.30

957.95

1,008.69

435.74

249.39

Advance Metering Technology Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															286.87	213.93	275.47	248.52	290.47

Competitive Comparison of Advance Metering Technology's Days Payable

For the Electrical Equipment & Parts subindustry, Advance Metering Technology'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.

Advance Metering Technology's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Advance Metering Technology's Days Payable distribution charts can be found below:

* The bar in red indicates where Advance Metering Technology's Days Payable falls into.

Advance Metering Technology 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.

Advance Metering Technology'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
=	( (40.662	+	38.447)	/	2 )	/	57.89	*	365
=	39.5545					/	57.89	*	365
=	249.39

Advance Metering Technology's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (0	+	38.447)	/	1 )	/	12.078	*	365 / 4
=	38.447					/	12.078	*	365 / 4
=	290.47

Advance Metering Technology Days Payable Related Terms

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Advance Metering Technology (BOM:534612) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Advance Metering Technology Ltd (BOM:534612) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

C-4 to C-11, Hosiery Complex, Phase II Extension, Noida, UP, IND, 201305

Website

https://www.pkrgroup.in

Advance Metering Technology Ltd is engaged in manufacturing and selling energy meters, provides technical services relating to the energy sector, and in the business of wind power generation through windmills/ other renewable energy sources. The company is operating in two segments: Power Generation and Meters and others. The power Generation segment offers the sale of electricity generation through Wind. The meter and Others segment offers the Sale of energy meters and others, Rental Income, installation services, estate management services, and EPC work. The majority of its revenue is generated from the Meters and other segments.

Advance Metering Technology (BOM:534612) Headlines

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