Hindware Home Innovation (BOM:542905) Days Payable : 65.92 (As of Dec. 2023)

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What is Hindware Home Innovation Days Payable?

Hindware Home Innovation's average Accounts Payable for the three months ended in Dec. 2023 was ₹2,710 Mil. Hindware Home Innovation's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹3,751 Mil. Hence, Hindware Home Innovation's Days Payable for the three months ended in Dec. 2023 was 65.92.

The historical rank and industry rank for Hindware Home Innovation's Days Payable or its related term are showing as below:

BOM:542905' s Days Payable Range Over the Past 10 Years
Min: 38.97 Med: 47.78 Max: 63.01
Current: 63.01

During the past 6 years, Hindware Home Innovation's highest Days Payable was 63.01. The lowest was 38.97. And the median was 47.78.

BOM:542905's Days Payable is ranked worse than
52.7% of 408 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 66.11 vs BOM:542905: 63.01

Hindware Home Innovation's Days Payable increased from Dec. 2022 (57.41) to Dec. 2023 (65.92). It may suggest that Hindware Home Innovation delayed paying its suppliers.

Hindware Home Innovation Days Payable Historical Data

The historical data trend for Hindware Home Innovation'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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Hindware Home Innovation Days Payable Chart

Hindware Home Innovation Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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57.13

47.78

38.97

45.99

59.03

Hindware Home Innovation 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															57.41	54.23	80.22	65.67	65.92

Competitive Comparison of Hindware Home Innovation's Days Payable

For the Furnishings, Fixtures & Appliances subindustry, Hindware Home Innovation'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.

Hindware Home Innovation's Days Payable Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Hindware Home Innovation's Days Payable distribution charts can be found below:

* The bar in red indicates where Hindware Home Innovation's Days Payable falls into.

Hindware Home Innovation 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.

Hindware Home Innovation'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
=	( (2523.898	+	2972.21)	/	2 )	/	16991.461	*	365
=	2748.054					/	16991.461	*	365
=	59.03

Hindware Home Innovation'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
=	( (2709.8	+	0)	/	1 )	/	3750.9	*	365 / 4
=	2709.8					/	3750.9	*	365 / 4
=	65.92

Hindware Home Innovation Days Payable Related Terms

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Hindware Home Innovation (BOM:542905) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Hindware Home Innovation Ltd (BOM:542905) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

HINDWAREAP:India

Address

Plot No. 68, Echelon Institutional Area, Sector 32, Gurugram, HR, IND, 122001

Website

https://www.shilgroup.com

Hindware Home Innovation Ltd is engaged in manufacturing, selling and trading of building products, glass products, consumer products, plastic products, and retail business. Its product portfolio includes Kitchen Ensemble, Water heaters, Air coolers, Water purifiers, Air purifiers, and Window vents, among other products. Some of its brands are Hindware, Moonbow and Evok. The segments of the company include Building Products, Consumer appliances, and Retail business. The group operates in India. The company generates the majority of its revenue from Building products segment.

Hindware Home Innovation (BOM:542905) Headlines

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