Promax Power (BOM:543375) Days Payable : 157.87 (As of Sep. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Promax Power Days Payable?

Promax Power's average Accounts Payable for the six months ended in Sep. 2024 was ₹228.0 Mil. Promax Power's Cost of Goods Sold for the six months ended in Sep. 2024 was ₹263.6 Mil. Hence, Promax Power's Days Payable for the six months ended in Sep. 2024 was 157.87.

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

BOM:543375' s Days Payable Range Over the Past 10 Years
Min: 52.29 Med: 84.39 Max: 113.57
Current: 113.57

During the past 4 years, Promax Power's highest Days Payable was 113.57. The lowest was 52.29. And the median was 84.39.

BOM:543375's Days Payable is ranked better than
66.89% of 1670 companies
in the Construction industry
Industry Median: 77.04 vs BOM:543375: 113.57

Promax Power's Days Payable increased from Sep. 2023 (43.54) to Sep. 2024 (157.87). It may suggest that Promax Power delayed paying its suppliers.

Promax Power Days Payable Historical Data

The historical data trend for Promax Power'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.

Promax Power Days Payable Chart

Promax Power Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Days Payable

94.37

94.22

52.29

74.55

Promax Power Semi-Annual Data
	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Days Payable	Get a 7-Day Free Trial			129.03	61.44	43.54	74.73	157.87

Competitive Comparison of Promax Power's Days Payable

For the Engineering & Construction subindustry, Promax Power'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.

Promax Power's Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, Promax Power's Days Payable distribution charts can be found below:

* The bar in red indicates where Promax Power's Days Payable falls into.

Save Embed

;

Save Embed

;

Promax Power 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.

Promax Power'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
=	( (52.976	+	175.561)	/	2 )	/	559.499	*	365
=	114.2685					/	559.499	*	365
=	74.55

Promax Power's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

	Days Payable (Q: Sep. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2024 )	+	Accounts Payable (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (175.561	+	280.437)	/	2 )	/	263.572	*	365 / 2
=	227.999					/	263.572	*	365 / 2
=	157.87

Promax Power Days Payable Related Terms

Thank you for viewing the detailed overview of Promax Power's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Promax Power Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Promax Power Ltd (BOM:543375) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Sector 82, Industrial Area, Plot No 148 A, JLPL, Mohali, PB, IND, 140306

Website

https://www.promax.co.in

Promax Power Ltd is engaged in the business of engineering procurement construction for electrification, civil infrastructure, and water infrastructure management projects. The company also provides turnkey execution of civil infrastructure projects such as industrial buildings and turnkey execution of water infrastructure management projects such as water transmission and distribution work.

Promax Power Headlines

No Headlines