Chandni Machines (BOM:542627) Days Payable : 14.95 (As of Dec. 2024)

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What is Chandni Machines Days Payable?

Chandni Machines's average Accounts Payable for the three months ended in Dec. 2024 was ₹77 Mil. Chandni Machines's Cost of Goods Sold for the three months ended in Dec. 2024 was ₹468 Mil. Hence, Chandni Machines's Days Payable for the three months ended in Dec. 2024 was 14.95.

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

BOM:542627' s Days Payable Range Over the Past 10 Years
Min: 1.75 Med: 30.69 Max: 133.89
Current: 12.94

During the past 8 years, Chandni Machines's highest Days Payable was 133.89. The lowest was 1.75. And the median was 30.69.

BOM:542627's Days Payable is ranked worse than
97.42% of 155 companies
in the Industrial Distribution industry
Industry Median: 54.33 vs BOM:542627: 12.94

Chandni Machines's Days Payable declined from Dec. 2023 (23.30) to Dec. 2024 (14.95). It may suggest that Chandni Machines accelerated paying its suppliers.

Chandni Machines Days Payable Historical Data

The historical data trend for Chandni Machines'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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Chandni Machines Days Payable Chart

Chandni Machines Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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43.83

133.89

26.10

1.75

2.69

Chandni Machines 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															23.30	5.02	3.30	18.52	14.95

Competitive Comparison of Chandni Machines's Days Payable

For the Industrial Distribution subindustry, Chandni Machines'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.

Chandni Machines's Days Payable Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Chandni Machines's Days Payable distribution charts can be found below:

* The bar in red indicates where Chandni Machines's Days Payable falls into.

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Chandni Machines 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.

Chandni Machines'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
=	( (1.822	+	21.863)	/	2 )	/	1604.275	*	365
=	11.8425					/	1604.275	*	365
=	2.69

Chandni Machines'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
=	( (76.62	+	0)	/	1 )	/	467.818	*	365 / 4
=	76.62					/	467.818	*	365 / 4
=	14.95

Chandni Machines Days Payable Related Terms

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Chandni Machines Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Chandni Machines Ltd (BOM:542627) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

52 S.K. Ahire Marg, 108/109, T.V. Industrial Estate, Worli, Mumbai, MH, IND, 400 030

Website

https://www.cml.net.in

Chandni Machines Ltd is engaged in the trading of engineering goods and related items. It is involved in the business of manufacturing, buying, selling, reselling, importing, exporting all kinds of injection moulding machines. It offers Plastic and rubber machinery, Metal working, Machinery handling and Testing equipment. In addition, it also provides after-sales service through qualified professional technical persons. The group primarily operates in India.

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