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Sundaram Brake Linings (BOM:590072) Days Payable : 117.48 (As of Sep. 2024)


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What is Sundaram Brake Linings Days Payable?

Sundaram Brake Linings's average Accounts Payable for the three months ended in Sep. 2024 was ₹480 Mil. Sundaram Brake Linings's Cost of Goods Sold for the three months ended in Sep. 2024 was ₹373 Mil. Hence, Sundaram Brake Linings's Days Payable for the three months ended in Sep. 2024 was 117.48.

The historical rank and industry rank for Sundaram Brake Linings's Days Payable or its related term are showing as below:

BOM:590072' s Days Payable Range Over the Past 10 Years
Min: 71.84   Med: 82.98   Max: 107.35
Current: 87.9

During the past 13 years, Sundaram Brake Linings's highest Days Payable was 107.35. The lowest was 71.84. And the median was 82.98.

BOM:590072's Days Payable is ranked better than
67.01% of 1273 companies
in the Vehicles & Parts industry
Industry Median: 66.34 vs BOM:590072: 87.90

Sundaram Brake Linings's Days Payable increased from Sep. 2023 (80.96) to Sep. 2024 (117.48). It may suggest that Sundaram Brake Linings delayed paying its suppliers.


Sundaram Brake Linings Days Payable Historical Data

The historical data trend for Sundaram Brake Linings'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.

Sundaram Brake Linings Days Payable Chart

Sundaram Brake Linings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 90.50 95.17 78.50 71.84 83.57

Sundaram Brake Linings Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 80.96 83.15 65.62 100.88 117.48

Competitive Comparison of Sundaram Brake Linings's Days Payable

For the Auto Parts subindustry, Sundaram Brake Linings'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.


Sundaram Brake Linings's Days Payable Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Sundaram Brake Linings's Days Payable distribution charts can be found below:

* The bar in red indicates where Sundaram Brake Linings's Days Payable falls into.



Sundaram Brake Linings 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.

Sundaram Brake Linings'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
=( (475 + 441.978) / 2 ) / 2002.577*365
=458.489 / 2002.577*365
=83.57

Sundaram Brake Linings'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: Jun. 2024 ) + Accounts Payable (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (0 + 480.279) / 1 ) / 373.04*365 / 4
=480.279 / 373.04*365 / 4
=117.48

* 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.


Sundaram Brake Linings Days Payable Related Terms

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Sundaram Brake Linings Business Description

Traded in Other Exchanges
Address
Padi, Chennai, TN, IND, 600 050
Sundaram Brake Linings Ltd is involved in the manufacture of automotive, non-automotive, railways, and industrial friction materials. Their products are used as raw materials for commercial vehicles, passenger cars, tractors (agricultural), railways, and the two-wheeler industry. Geographically, it derives a majority of revenue from India. The company offers products, including Brake Linings, Clutch Facings, Disc Brake pads, and others. Its only operating segment being friction materials. The company operates Domestically and Internationally.

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