Suratwwala Business Group (BOM:543218) Days Payable : 84.95 (As of Mar. 2024)

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What is Suratwwala Business Group Days Payable?

Suratwwala Business Group's average Accounts Payable for the three months ended in Mar. 2024 was ₹94.0 Mil. Suratwwala Business Group's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹100.9 Mil. Hence, Suratwwala Business Group's Days Payable for the three months ended in Mar. 2024 was 84.95.

The historical rank and industry rank for Suratwwala Business Group's Days Payable or its related term are showing as below:

BOM:543218' s Days Payable Range Over the Past 10 Years
Min: 76.7 Med: 129.52 Max: 296.19
Current: 105.78

During the past 7 years, Suratwwala Business Group's highest Days Payable was 296.19. The lowest was 76.70. And the median was 129.52.

BOM:543218's Days Payable is ranked better than
51.46% of 1578 companies
in the Real Estate industry
Industry Median: 99.725 vs BOM:543218: 105.78

Suratwwala Business Group's Days Payable declined from Mar. 2023 (127.37) to Mar. 2024 (84.95). It may suggest that Suratwwala Business Group accelerated paying its suppliers.

Suratwwala Business Group Days Payable Historical Data

The historical data trend for Suratwwala Business Group'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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Suratwwala Business Group Days Payable Chart

Suratwwala Business Group Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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242.95

76.70

112.36

Suratwwala Business Group Quarterly Data
	Mar18	Mar19	Mar20	Sep20	Mar21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial											127.37	104.24	114.04	120.46	84.95

Competitive Comparison of Suratwwala Business Group's Days Payable

For the Real Estate - Development subindustry, Suratwwala Business Group'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.

Suratwwala Business Group's Days Payable Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Suratwwala Business Group's Days Payable distribution charts can be found below:

* The bar in red indicates where Suratwwala Business Group's Days Payable falls into.

Suratwwala Business Group 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.

Suratwwala Business Group'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
=	( (80.722	+	93.957)	/	2 )	/	283.731	*	365
=	87.3395					/	283.731	*	365
=	112.36

Suratwwala Business Group'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	+	93.957)	/	1 )	/	100.921	*	365 / 4
=	93.957					/	100.921	*	365 / 4
=	84.95

Suratwwala Business Group Days Payable Related Terms

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Suratwwala Business Group (BOM:543218) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Suratwwala Business Group Ltd (BOM:543218) » Definitions » Days Payable

Traded in Other Exchanges

SBGLP:India

Address

Off Karve Road, Erandwane, S. NO. 4/38, Sumangal Building Office No. 2, 1st Floor, Sahakar Colony behind SBI, Pune, MH, IND, 411004

Website

https://www.suratwwala.co.in

Suratwwala Business Group Ltd is an integrated real estate development company focusing on development of residential and commercial projects in the Pune district. Its business activities comprise of development and sale of residential as well as commercial properties and the maintenance of the properties developed by the company.

Suratwwala Business Group (BOM:543218) Headlines

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