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SRM Contractors (BOM:544158) Days Payable : 43.49 (As of Dec. 2024)


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What is SRM Contractors Days Payable?

SRM Contractors's average Accounts Payable for the three months ended in Dec. 2024 was ₹525 Mil. SRM Contractors's Cost of Goods Sold for the three months ended in Dec. 2024 was ₹1,101 Mil. Hence, SRM Contractors's Days Payable for the three months ended in Dec. 2024 was 43.49.

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

BOM:544158' s Days Payable Range Over the Past 10 Years
Min: 30.52   Med: 50.15   Max: 138.78
Current: 44.42

During the past 4 years, SRM Contractors's highest Days Payable was 138.78. The lowest was 30.52. And the median was 50.15.

BOM:544158's Days Payable is ranked worse than
76.59% of 1670 companies
in the Construction industry
Industry Median: 77.04 vs BOM:544158: 44.42

SRM Contractors's Days Payable increased from Dec. 2023 (29.88) to Dec. 2024 (43.49). It may suggest that SRM Contractors delayed paying its suppliers.


SRM Contractors Days Payable Historical Data

The historical data trend for SRM Contractors'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.

SRM Contractors Days Payable Chart

SRM Contractors Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Days Payable
138.78 68.24 32.05 30.52

SRM Contractors Quarterly Data
Mar21 Mar22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only 29.88 29.54 88.46 73.69 43.49

Competitive Comparison of SRM Contractors's Days Payable

For the Engineering & Construction subindustry, SRM Contractors'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.


SRM Contractors's Days Payable Distribution in the Construction Industry

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

* The bar in red indicates where SRM Contractors's Days Payable falls into.


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SRM Contractors 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.

SRM Contractors'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
=( (111.549 + 322.789) / 2 ) / 2597.062*365
=217.169 / 2597.062*365
=30.52

SRM Contractors's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

Days Payable (Q: Dec. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2024 ) + Accounts Payable (Q: Dec. 2024 )) / count ) / Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=( (524.522 + 0) / 1 ) / 1100.55*365 / 4
=524.522 / 1100.55*365 / 4
=43.49

* 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.


SRM Contractors Days Payable Related Terms

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SRM Contractors Business Description

Traded in Other Exchanges
Address
Sector 3, Near BJP Head Office, Trikuta Nagar, Jammu and Kashmir, Jammu, IND, 180012
SRM Contractors Ltd is an engineering construction and development company. It is engaged in the construction of roads (including bridges), tunnels, slope stabilisation works and other miscellaneous civil construction activities in the Union Territories of Jammu & Kashmir and Ladakh, undertaking construction works both as an EPC contractor and on an item rate basis for infrastructure projects. The company operates in three business segments: Road and Highway Construction projects, Trading, and Quarry Mining.

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