Advait Infratech (BOM:543230) Days Payable : 193.16 (As of Sep. 2023)

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What is Advait Infratech Days Payable?

Advait Infratech's average Accounts Payable for the six months ended in Sep. 2023 was ₹455 Mil. Advait Infratech's Cost of Goods Sold for the six months ended in Sep. 2023 was ₹430 Mil. Hence, Advait Infratech's Days Payable for the six months ended in Sep. 2023 was 193.16.

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

BOM:543230' s Days Payable Range Over the Past 10 Years
Min: 153.72 Med: 191.73 Max: 279.67
Current: 161.07

During the past 6 years, Advait Infratech's highest Days Payable was 279.67. The lowest was 153.72. And the median was 191.73.

BOM:543230's Days Payable is ranked better than
79.84% of 2936 companies
in the Industrial Products industry
Industry Median: 76.415 vs BOM:543230: 161.07

Advait Infratech's Days Payable declined from Sep. 2022 (386.14) to Sep. 2023 (193.16). It may suggest that Advait Infratech accelerated paying its suppliers.

Advait Infratech Days Payable Historical Data

The historical data trend for Advait Infratech'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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Advait Infratech Days Payable Chart

Advait Infratech Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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279.67

223.69

163.98

182.38

201.08

Advait Infratech Semi-Annual Data
	Mar18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Payable	Get a 7-Day Free Trial						191.07	163.95	386.14	143.80	193.16

Competitive Comparison of Advait Infratech's Days Payable

For the Specialty Industrial Machinery subindustry, Advait Infratech'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.

Advait Infratech's Days Payable Distribution in the Industrial Products Industry

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

* The bar in red indicates where Advait Infratech's Days Payable falls into.

Advait Infratech 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.

Advait Infratech'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
=	( (313.539	+	480.324)	/	2 )	/	720.497	*	365
=	396.9315					/	720.497	*	365
=	201.08

Advait Infratech's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

	Days Payable (Q: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (480.324	+	429.418)	/	2 )	/	429.758	*	365 / 2
=	454.871					/	429.758	*	365 / 2
=	193.16

Advait Infratech Days Payable Related Terms

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Advait Infratech (BOM:543230) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Advait Infratech Ltd (BOM:543230) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Bopal-Ambli Road, Iscon Temple Cross Road, S.G Highway, A-801 to A-803, Sankalp Iconic Tower, Opposite Vikram Nagar, Bodakdev, Ahmedabad, GJ, IND, 380054

Website

https://www.advaitinfra.com

Advait Infratech Ltd is a supplier of the tools and equipment (Stringing Tools) for a construction of transmission line in India. It operates with various verticals such as Turnkey Telecommunication Projects, Installation of the Power Transmission, Sub Station and Telecom Products, Liasioning-marketing & providing end to end solutions for the overseas customers operating in the field Power Transmission and Sub Station, Trading of the similar products, and manufacturing through OEM of the stringing Tools. Its products and solutions offered are Optical Fibre Ground Wire and OFC cables and its solutions, Insulators for the Extra High Voltage Transmission Lines, Stringing Tools for construction of Transmission lines, Gas Insulators Sub Stations supply, Earthing Solutions.

Advait Infratech (BOM:543230) Headlines

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