Arkade Developers (BOM:544261) Days Payable : 32.87 (As of Sep. 2024)

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What is Arkade Developers Days Payable?

Arkade Developers's average Accounts Payable for the six months ended in Sep. 2024 was ₹356 Mil. Arkade Developers's Cost of Goods Sold for the six months ended in Sep. 2024 was ₹1,979 Mil. Hence, Arkade Developers's Days Payable for the six months ended in Sep. 2024 was 32.87.

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

BOM:544261' s Days Payable Range Over the Past 10 Years
Min: 26.29 Med: 46.13 Max: 122.5
Current: 29.31

During the past 4 years, Arkade Developers's highest Days Payable was 122.50. The lowest was 26.29. And the median was 46.13.

BOM:544261's Days Payable is ranked worse than
80.75% of 1564 companies
in the Real Estate industry
Industry Median: 96.81 vs BOM:544261: 29.31

Arkade Developers's Days Payable increased from Sep. 2023 (23.46) to Sep. 2024 (32.87). It may suggest that Arkade Developers delayed paying its suppliers.

Arkade Developers Days Payable Historical Data

The historical data trend for Arkade Developers'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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Arkade Developers Days Payable Chart

Arkade Developers Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Days Payable

122.50

41.10

51.15

26.29

Arkade Developers Semi-Annual Data
	Mar21	Mar22	Mar23	Sep23	Mar24	Sep24
Days Payable	Get a 7-Day Free Trial			-	-	23.46	28.41	32.87

Competitive Comparison of Arkade Developers's Days Payable

For the Real Estate - Development subindustry, Arkade Developers'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.

Arkade Developers's Days Payable Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Arkade Developers's Days Payable distribution charts can be found below:

* The bar in red indicates where Arkade Developers's Days Payable falls into.

Arkade Developers 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.

Arkade Developers'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
=	( (235.19	+	382.93)	/	2 )	/	4290.2	*	365
=	309.06					/	4290.2	*	365
=	26.29

Arkade Developers'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
=	( (382.93	+	329.924)	/	2 )	/	1978.849	*	365 / 2
=	356.427					/	1978.849	*	365 / 2
=	32.87

Arkade Developers Days Payable Related Terms

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Arkade Developers Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Arkade Developers Ltd (BOM:544261) » Definitions » Days Payable

Traded in Other Exchanges

ARKADE:India

Address

A S Marg, Ashok Nagar, Arkade House, Opposite Bhoomi Arkade, Near Children’s Academy, Kandivali (East), Mumbai, MH, IND, 400101

Website

https://www.arkade.in

Arkade Developers Ltd is a real estate development company focused on developing high-end, sophisticated lifestyle residential developments in Mumbai, Maharashtra. The company's business can be divided into two segments namely Development/construction of residential buildings on land acquired by the company (new projects); and Redevelopment of existing buildings (Redevelopment Projects). The company is involved in the development of new projects and the redevelopment of existing buildings.

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