Atal Realtech (NSE:ATALREAL) Days Payable : 7.57 (As of Mar. 2024)

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What is Atal Realtech Days Payable?

Atal Realtech's average Accounts Payable for the six months ended in Mar. 2024 was ₹10.6 Mil. Atal Realtech's Cost of Goods Sold for the six months ended in Mar. 2024 was ₹254.6 Mil. Hence, Atal Realtech's Days Payable for the six months ended in Mar. 2024 was 7.57.

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

NSE:ATALREAL' s Days Payable Range Over the Past 10 Years
Min: 36.37 Med: 72.58 Max: 90.96
Current: 37.62

During the past 7 years, Atal Realtech's highest Days Payable was 90.96. The lowest was 36.37. And the median was 72.58.

NSE:ATALREAL's Days Payable is ranked worse than
82.45% of 1601 companies
in the Construction industry
Industry Median: 76.01 vs NSE:ATALREAL: 37.62

Atal Realtech's Days Payable declined from Mar. 2023 (65.72) to Mar. 2024 (7.57). It may suggest that Atal Realtech accelerated paying its suppliers.

Atal Realtech Days Payable Historical Data

The historical data trend for Atal Realtech'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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Atal Realtech Days Payable Chart

Atal Realtech Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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77.48

83.83

72.58

90.96

52.81

Atal Realtech Semi-Annual Data
	Mar18	Mar19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Days Payable	Get a 7-Day Free Trial						32.38	140.27	65.72	114.38	7.57

Competitive Comparison of Atal Realtech's Days Payable

For the Engineering & Construction subindustry, Atal Realtech'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.

Atal Realtech's Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, Atal Realtech's Days Payable distribution charts can be found below:

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

Atal Realtech 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.

Atal Realtech'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
=	( (78.544	+	14.73)	/	2 )	/	322.318	*	365
=	46.637					/	322.318	*	365
=	52.81

Atal Realtech'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: Sep. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (6.39	+	14.73)	/	2 )	/	254.56	*	365 / 2
=	10.56					/	254.56	*	365 / 2
=	7.57

Atal Realtech Days Payable Related Terms

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Atal Realtech (NSE:ATALREAL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Atal Realtech Ltd (NSE:ATALREAL) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

543911:India

Address

Unit No. 301 and 302, S. No. 744, ABH Developers Town Square, Near City Centre Mall, Untwadi, Nashik, MH, IND, 422002

Website

https://www.atalrealtech.com

Atal Realtech Ltd is a construction company providing integrated civil works contracting and engineering services for structural construction and infrastructure sector projects. The company is engaged in contracting and sub-contracting for various government and private projects which includes the construction of commercial structures and industrial structures. It focuses on projects such as Civil construction projects, Water Supply and Drainage Projects, Road and Bridge projects, and Major and Minor Irrigation Projects.

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