Sunita Tools (BOM:544001) Days Payable : 71.49 (As of Mar. 2024)

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What is Sunita Tools Days Payable?

Sunita Tools's average Accounts Payable for the six months ended in Mar. 2024 was ₹36.9 Mil. Sunita Tools's Cost of Goods Sold for the six months ended in Mar. 2024 was ₹94.1 Mil. Hence, Sunita Tools's Days Payable for the six months ended in Mar. 2024 was 71.49.

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

BOM:544001' s Days Payable Range Over the Past 10 Years
Min: 96.53 Med: 337.71 Max: 584.12
Current: 108.24

During the past 4 years, Sunita Tools's highest Days Payable was 584.12. The lowest was 96.53. And the median was 337.71.

BOM:544001's Days Payable is ranked better than
65.92% of 2928 companies
in the Industrial Products industry
Industry Median: 76.585 vs BOM:544001: 108.24

Sunita Tools's Days Payable declined from Mar. 2023 (329.61) to Mar. 2024 (71.49). It may suggest that Sunita Tools accelerated paying its suppliers.

Sunita Tools Days Payable Historical Data

The historical data trend for Sunita Tools'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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Sunita Tools Days Payable Chart

Sunita Tools Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Days Payable

584.12

334.56

340.86

96.53

Sunita Tools Semi-Annual Data
	Mar21	Mar22	Sep22	Mar23	Sep23	Mar24
Days Payable	Get a 7-Day Free Trial			-	356.36	329.61	214.54	71.49

Competitive Comparison of Sunita Tools's Days Payable

For the Specialty Industrial Machinery subindustry, Sunita Tools'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.

Sunita Tools's Days Payable Distribution in the Industrial Products Industry

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

* The bar in red indicates where Sunita Tools's Days Payable falls into.

Sunita Tools 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.

Sunita Tools'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
=	( (45.502	+	25.39)	/	2 )	/	134.023	*	365
=	35.446					/	134.023	*	365
=	96.53

Sunita Tools'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
=	( (48.34	+	25.39)	/	2 )	/	94.11	*	365 / 2
=	36.865					/	94.11	*	365 / 2
=	71.49

Sunita Tools Days Payable Related Terms

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Sunita Tools (BOM:544001) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Sunita Tools Ltd (BOM:544001) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Sativali Road, Survey No. 66, Plot No. A, Valiv, Vasai East, Palghar, Thane, MH, IND, 401208

Website

https://www.sunitatools.com

Sunita Tools Ltd is an engineering and mould base industry. It manufactures Ground Plates, Mould Bases and Precision CNC Machining. Company products are a pre-requisite and act as food to the manufacturing industries be it Automotive, Pharmaceutical, Electronics, Consumer Goods and Manufacturing Sectors.

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