Allcargo Logistics (NSE:ALLCARGO) Days Payable : 227.34 (As of Dec. 2023)

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What is Allcargo Logistics Days Payable?

Allcargo Logistics's average Accounts Payable for the three months ended in Dec. 2023 was ₹14,500 Mil. Allcargo Logistics's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹5,820 Mil. Hence, Allcargo Logistics's Days Payable for the three months ended in Dec. 2023 was 227.34.

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

NSE:ALLCARGO' s Days Payable Range Over the Past 10 Years
Min: 32.99 Med: 40.37 Max: 44.1
Current: 36.82

During the past 13 years, Allcargo Logistics's highest Days Payable was 44.10. The lowest was 32.99. And the median was 40.37.

NSE:ALLCARGO's Days Payable is ranked worse than
52.94% of 935 companies
in the Transportation industry
Industry Median: 39.02 vs NSE:ALLCARGO: 36.82

Allcargo Logistics's Days Payable declined from Dec. 2022 (342.20) to Dec. 2023 (227.34). It may suggest that Allcargo Logistics accelerated paying its suppliers.

Allcargo Logistics Days Payable Historical Data

The historical data trend for Allcargo Logistics'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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Allcargo Logistics Days Payable Chart

Allcargo Logistics Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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40.71

42.97

42.83

34.83

37.31

Allcargo Logistics Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															342.20	8.84	270.41	215.20	227.34

Competitive Comparison of Allcargo Logistics's Days Payable

For the Integrated Freight & Logistics subindustry, Allcargo Logistics'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.

Allcargo Logistics's Days Payable Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Allcargo Logistics's Days Payable distribution charts can be found below:

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

Allcargo Logistics 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.

Allcargo Logistics's Days Payable for the fiscal year that ended in Mar. 2023 is calculated as

	Days Payable (A: Mar. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2022 )	+	Accounts Payable (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (19122.5	+	14227.6)	/	2 )	/	163117	*	365
=	16675.05					/	163117	*	365
=	37.31

Allcargo Logistics's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (14499.9	+	0)	/	1 )	/	5819.9	*	365 / 4
=	14499.9					/	5819.9	*	365 / 4
=	227.34

Allcargo Logistics Days Payable Related Terms

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Allcargo Logistics (NSE:ALLCARGO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Allcargo Logistics Ltd (NSE:ALLCARGO) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

532749:India

Address

CST Road, 6th Floor, Allcargo House, Kalina, Santacruz (East), Mumbai, MH, IND, 400 098

Website

https://www.allcargologistics.com

Allcargo Logistics Ltd provides integrated logistics solutions. The company organizes itself into five segments. The multimodal transport operations segment, which contributes the majority of revenue, provides non-vessel freight forwarding services. The container freight stations/inland container depots, provide cargo stuffing, de-stuffing, and customs clearance services. The project and engineering solutions, provide rental equipment and services for project, engineering, and logistics purposes. The logistic park provides warehousing through the development and leasing of its container parks, Express distribution, provides express distribution and supply chain solutions. The firm's revenue is derived from India, America, the Far East, Europe, and others.

Allcargo Logistics (NSE:ALLCARGO) Headlines

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