Steelman Telecom (BOM:543622) Days Payable : 26.67 (As of Sep. 2024)

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What is Steelman Telecom Days Payable?

Steelman Telecom's average Accounts Payable for the six months ended in Sep. 2024 was ₹97 Mil. Steelman Telecom's Cost of Goods Sold for the six months ended in Sep. 2024 was ₹665 Mil. Hence, Steelman Telecom's Days Payable for the six months ended in Sep. 2024 was 26.67.

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

BOM:543622' s Days Payable Range Over the Past 10 Years
Min: 24.74 Med: 50.35 Max: 65.95
Current: 24.74

During the past 5 years, Steelman Telecom's highest Days Payable was 65.95. The lowest was 24.74. And the median was 50.35.

BOM:543622's Days Payable is ranked worse than
90.35% of 342 companies
in the Telecommunication Services industry
Industry Median: 103.445 vs BOM:543622: 24.74

Steelman Telecom's Days Payable declined from Sep. 2023 (28.19) to Sep. 2024 (26.67). It may suggest that Steelman Telecom accelerated paying its suppliers.

Steelman Telecom Days Payable Historical Data

The historical data trend for Steelman Telecom'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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Steelman Telecom Days Payable Chart

Steelman Telecom Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

65.95

55.91

50.35

41.77

25.75

Steelman Telecom Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Days Payable	Get a 7-Day Free Trial			37.84	44.47	28.19	22.76	26.67

Competitive Comparison of Steelman Telecom's Days Payable

For the Telecom Services subindustry, Steelman Telecom'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.

Steelman Telecom's Days Payable Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Steelman Telecom's Days Payable distribution charts can be found below:

* The bar in red indicates where Steelman Telecom's Days Payable falls into.

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Steelman Telecom 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.

Steelman Telecom'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
=	( (107.096	+	94.499)	/	2 )	/	1428.748	*	365
=	100.7975					/	1428.748	*	365
=	25.75

Steelman Telecom'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
=	( (94.499	+	99.809)	/	2 )	/	664.744	*	365 / 2
=	97.154					/	664.744	*	365 / 2
=	26.67

Steelman Telecom Days Payable Related Terms

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Steelman Telecom Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Steelman Telecom Ltd (BOM:543622) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Street No. 315, New Town, Rishi Tower, Premises No. 02-315, Kolkata, WB, IND, 700156

Website

http://www.steelmantelecom.com

Steelman Telecom Ltd offer support services and solutions to address the network requirements of the telecom industry. The company provide services for network survey and planning, installation and commissioning, network testing and optimization, network solutions and managed services for network maintenance.

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