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Purohit Construction (BOM:538993) Days Payable : 154.60 (As of Dec. 2023)


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What is Purohit Construction Days Payable?

Purohit Construction's average Accounts Payable for the three months ended in Dec. 2023 was ₹0.79 Mil. Purohit Construction's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹0.47 Mil. Hence, Purohit Construction's Days Payable for the three months ended in Dec. 2023 was 154.60.

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

During the past 10 years, Purohit Construction's highest Days Payable was 2722.49. The lowest was 58.80. And the median was 157.20.

BOM:538993's Days Payable is not ranked *
in the Real Estate industry.
Industry Median: 96.69
* Ranked among companies with meaningful Days Payable only.

Purohit Construction's Days Payable increased from Dec. 2022 (120.32) to Dec. 2023 (154.60). It may suggest that Purohit Construction delayed paying its suppliers.


Purohit Construction Days Payable Historical Data

The historical data trend for Purohit Construction'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.

* Premium members only.

Purohit Construction Days Payable Chart

Purohit Construction 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 - 663.37 - - 2,722.49

Purohit Construction Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 120.32 - - - 154.60

Competitive Comparison of Purohit Construction's Days Payable

For the Real Estate - Development subindustry, Purohit Construction'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.


Purohit Construction's Days Payable Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Purohit Construction's Days Payable distribution charts can be found below:

* The bar in red indicates where Purohit Construction's Days Payable falls into.



Purohit Construction 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.

Purohit Construction'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
=( (1.212 + 2.234) / 2 ) / 0.231*365
=1.723 / 0.231*365
=2,722.49

Purohit Construction's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

Days Payable (Q: Dec. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2023 ) + Accounts Payable (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (0.805 + 0.774) / 2 ) / 0.466*365 / 4
=0.7895 / 0.466*365 / 4
=154.60

* 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.


Purohit Construction Days Payable Related Terms

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Purohit Construction (BOM:538993) Business Description

Traded in Other Exchanges
N/A
Address
401, Purohit House, Opposite Sardar Patel Stadium, Navrangpura, Ahmedabad, GJ, IND, 380009
Purohit Construction Ltd is an Indian-based company that operates in the real estate business. The activity of the group includes general construction business which includes alteration, addition, repair, and maintenance of non-residential buildings, carried out on the own-account basis or on a fee or contract basis. It primarily holds an interest in the development of residential, commercial, and CSR projects. The few projects of the group are Sopan Life Style, Sopan Elegance, Sopan Heights, Sukh Sagar, Ami apartment, Shaswat, Sukan, Podar Jumbo Kids and others.

Purohit Construction (BOM:538993) Headlines

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