Indiabulls Enterprises (BOM:543715) Days Payable : 50.51 (As of Mar. 2024)

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What is Indiabulls Enterprises Days Payable?

Indiabulls Enterprises's average Accounts Payable for the three months ended in Mar. 2024 was ₹30.0 Mil. Indiabulls Enterprises's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹54.2 Mil. Hence, Indiabulls Enterprises's Days Payable for the three months ended in Mar. 2024 was 50.51.

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

BOM:543715' s Days Payable Range Over the Past 10 Years
Min: 74.98 Med: 91.89 Max: 148.23
Current: 74.98

During the past 3 years, Indiabulls Enterprises's highest Days Payable was 148.23. The lowest was 74.98. And the median was 91.89.

BOM:543715's Days Payable is ranked better than
66.59% of 928 companies
in the Business Services industry
Industry Median: 46.675 vs BOM:543715: 74.98

Indiabulls Enterprises's Days Payable declined from Mar. 2023 (112.08) to Mar. 2024 (50.51). It may suggest that Indiabulls Enterprises accelerated paying its suppliers.

Indiabulls Enterprises Days Payable Historical Data

The historical data trend for Indiabulls Enterprises'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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Indiabulls Enterprises Days Payable Chart

Indiabulls Enterprises Annual Data

Trend

Mar22

Mar23

Mar24

Days Payable

91.89

148.23

80.76

Indiabulls Enterprises Quarterly Data
	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial				112.08	104.51	65.50	64.77	50.51

Competitive Comparison of Indiabulls Enterprises's Days Payable

For the Rental & Leasing Services subindustry, Indiabulls Enterprises'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.

Indiabulls Enterprises's Days Payable Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Indiabulls Enterprises's Days Payable distribution charts can be found below:

* The bar in red indicates where Indiabulls Enterprises's Days Payable falls into.

Indiabulls Enterprises 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.

Indiabulls Enterprises'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
=	( (67.8	+	30)	/	2 )	/	221	*	365
=	48.9					/	221	*	365
=	80.76

Indiabulls Enterprises'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	+	30)	/	1 )	/	54.2	*	365 / 4
=	30					/	54.2	*	365 / 4
=	50.51

Indiabulls Enterprises Days Payable Related Terms

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Indiabulls Enterprises (BOM:543715) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Indiabulls Enterprises Ltd (BOM:543715) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

IEL:India

Address

5th floor, Plot No. 108, IT Park, Udyog Vihar, Phase 1, Gurugram, HR, IND, 122016

Website

https://www.indiabullsenterprises.com

Indiabulls Enterprises Ltd is a construction and infrastructure equipment rental company. The company has two reportable segments which is as follows Equipment renting services and Management and maintenance services. The company's rentals include complete operation and maintenance expenses and an experienced operating crew, who work within the norms of safety, environment and quality.

Indiabulls Enterprises (BOM:543715) Headlines

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