Sobha (BOM:890205) Days Payable : 87.25 (As of Sep. 2024)

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What is Sobha Days Payable?

Sobha's average Accounts Payable for the three months ended in Sep. 2024 was ₹5,948 Mil. Sobha's Cost of Goods Sold for the three months ended in Sep. 2024 was ₹6,220 Mil. Hence, Sobha's Days Payable for the three months ended in Sep. 2024 was 87.25.

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

BOM:890205' s Days Payable Range Over the Past 10 Years
Min: 90.09 Med: 150.5 Max: 325.2
Current: 120.8

During the past 13 years, Sobha's highest Days Payable was 325.20. The lowest was 90.09. And the median was 150.50.

BOM:890205's Days Payable is ranked better than
55.86% of 1570 companies
in the Real Estate industry
Industry Median: 97.7 vs BOM:890205: 120.80

Sobha's Days Payable declined from Sep. 2023 (133.73) to Sep. 2024 (87.25). It may suggest that Sobha accelerated paying its suppliers.

Sobha Days Payable Historical Data

The historical data trend for Sobha'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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Sobha Days Payable Chart

Sobha Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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189.89

325.20

150.46

90.09

115.15

Sobha 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															133.73	141.40	125.55	149.54	87.25

Competitive Comparison of Sobha's Days Payable

For the Real Estate - Development subindustry, Sobha'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.

Sobha's Days Payable Distribution in the Real Estate Industry

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

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

Sobha 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.

Sobha'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
=	( (5986.75	+	6165.47)	/	2 )	/	19259.85	*	365
=	6076.11					/	19259.85	*	365
=	115.15

Sobha'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	+	5947.65)	/	1 )	/	6220.2	*	365 / 4
=	5947.65					/	6220.2	*	365 / 4
=	87.25

Sobha Days Payable Related Terms

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Sobha Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Sobha Ltd (BOM:890205) » Definitions » Days Payable

Comparable Companies

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SOBHAPP:India SOBHA:India 532784:India

Address

Sarjapur - Marathahalli Outer Ring Road, Devarabisanahalli, Bellandur Post, Bangalore, KA, IND, 560103

Website

https://www.sobha.com

Sobha Ltd is engaged in the real estate business. The company is engaged in the development and construction of the properties. The company is operating in two segments: The Real estate segment and the Contractual and manufacturing segment. The Real Estate segment (RE) is into the development, sale, management, and operation of all or any part of townships, and housing projects also include leasing of self-owned commercial premises. The Contractual and Manufacturing Segment (CM) is into the development of commercial premises and other related activities, also including manufacturing activities related to interiors, glazing and metal works, and concrete products. It generates maximum revenue from the Real Estate segment.

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