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Ashiana Housing (NSE:ASHIANA) Days Payable : 18.43 (As of Mar. 2024)


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What is Ashiana Housing Days Payable?

Ashiana Housing's average Accounts Payable for the three months ended in Mar. 2024 was ₹468 Mil. Ashiana Housing's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹2,315 Mil. Hence, Ashiana Housing's Days Payable for the three months ended in Mar. 2024 was 18.43.

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

NSE:ASHIANA' s Days Payable Range Over the Past 10 Years
Min: 19.41   Med: 30.22   Max: 75.24
Current: 19.41

During the past 13 years, Ashiana Housing's highest Days Payable was 75.24. The lowest was 19.41. And the median was 30.22.

NSE:ASHIANA's Days Payable is ranked worse than
87.71% of 1570 companies
in the Real Estate industry
Industry Median: 99.725 vs NSE:ASHIANA: 19.41

Ashiana Housing's Days Payable declined from Mar. 2023 (41.83) to Mar. 2024 (18.43). It may suggest that Ashiana Housing accelerated paying its suppliers.


Ashiana Housing Days Payable Historical Data

The historical data trend for Ashiana Housing'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.

Ashiana Housing Days Payable Chart

Ashiana Housing 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 29.73 52.76 66.18 42.10 22.97

Ashiana Housing Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 41.83 34.47 9.96 26.27 18.43

Competitive Comparison of Ashiana Housing's Days Payable

For the Real Estate - Development subindustry, Ashiana Housing'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.


Ashiana Housing's Days Payable Distribution in the Real Estate Industry

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

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



Ashiana Housing 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.

Ashiana Housing'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
=( (373.136 + 531.4) / 2 ) / 7187.4*365
=452.268 / 7187.4*365
=22.97

Ashiana Housing's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

Days Payable (Q: Mar. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2023 ) + Accounts Payable (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (403.9 + 531.4) / 2 ) / 2314.8*365 / 4
=467.65 / 2314.8*365 / 4
=18.43

* 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.


Ashiana Housing Days Payable Related Terms

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Ashiana Housing (NSE:ASHIANA) Business Description

Traded in Other Exchanges
Address
304, Southern Park, Saket District Centre, Saket, New Delhi, IND, 110 017
Ashiana Housing Ltd is an India based real estate development company. It is engaged in the development of comfort homes and senior living. Some of its projects include Ashiana town, Ashiana tarang, Ashiana surbhi, Ashiana navrang, Ashiana anantara, Ashiana anmol, Ashiana nirmay, and Ashiana shubham. The group's operations are located in India.

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