Containe Technologies (BOM:543606) Days Payable : 176.06 (As of Mar. 2024)

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What is Containe Technologies Days Payable?

Containe Technologies's average Accounts Payable for the six months ended in Mar. 2024 was ₹40.1 Mil. Containe Technologies's Cost of Goods Sold for the six months ended in Mar. 2024 was ₹41.5 Mil. Hence, Containe Technologies's Days Payable for the six months ended in Mar. 2024 was 176.06.

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

BOM:543606' s Days Payable Range Over the Past 10 Years
Min: 124.88 Med: 173.6 Max: 214.1
Current: 182.96

During the past 5 years, Containe Technologies's highest Days Payable was 214.10. The lowest was 124.88. And the median was 173.60.

BOM:543606's Days Payable is ranked better than
89.9% of 1277 companies
in the Vehicles & Parts industry
Industry Median: 65.91 vs BOM:543606: 182.96

Containe Technologies's Days Payable increased from Mar. 2023 (146.96) to Mar. 2024 (176.06). It may suggest that Containe Technologies delayed paying its suppliers.

Containe Technologies Days Payable Historical Data

The historical data trend for Containe Technologies'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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Containe Technologies Days Payable Chart

Containe Technologies Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

124.88

214.10

188.57

158.63

Containe Technologies Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23	Mar24
Days Payable	Get a 7-Day Free Trial			-	-	146.96	224.88	176.06

Competitive Comparison of Containe Technologies's Days Payable

For the Auto Parts subindustry, Containe Technologies'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.

Containe Technologies's Days Payable Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Containe Technologies's Days Payable distribution charts can be found below:

* The bar in red indicates where Containe Technologies's Days Payable falls into.

Containe Technologies 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.

Containe Technologies'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
=	( (22.358	+	36.897)	/	2 )	/	68.171	*	365
=	29.6275					/	68.171	*	365
=	158.63

Containe Technologies'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: Sep. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (43.261	+	36.897)	/	2 )	/	41.545	*	365 / 2
=	40.079					/	41.545	*	365 / 2
=	176.06

Containe Technologies Days Payable Related Terms

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Containe Technologies Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Containe Technologies Ltd (BOM:543606) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Gokul Nagar, Marriguda, House No. 3-13-142/ 341P, 342, Mallapur, Secunderabad, Hyderabad, TG, IND, 500076

Website

https://www.containe.in

Containe Technologies Ltd is engaged in the business of Automobile Safety and GPS solutions in the Automobile Sector. The company manufactures a wide range of technology-intensive electronic and mechanical automotive products.

Containe Technologies Headlines

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