Atul Auto (NSE:ATULAUTO) Days Payable : 54.82 (As of Dec. 2023)

View and export this data going back to 2013. Start your Free Trial

What is Atul Auto Days Payable?

Atul Auto's average Accounts Payable for the three months ended in Dec. 2023 was ₹667 Mil. Atul Auto's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹1,110 Mil. Hence, Atul Auto's Days Payable for the three months ended in Dec. 2023 was 54.82.

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

NSE:ATULAUTO' s Days Payable Range Over the Past 10 Years
Min: 26.43 Med: 39.11 Max: 67.09
Current: 60.67

During the past 13 years, Atul Auto's highest Days Payable was 67.09. The lowest was 26.43. And the median was 39.11.

NSE:ATULAUTO's Days Payable is ranked worse than
54.24% of 1261 companies
in the Vehicles & Parts industry
Industry Median: 65.85 vs NSE:ATULAUTO: 60.67

Atul Auto's Days Payable declined from Dec. 2022 (63.52) to Dec. 2023 (54.82). It may suggest that Atul Auto accelerated paying its suppliers.

Atul Auto Days Payable Historical Data

The historical data trend for Atul Auto'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.

Atul Auto Days Payable Chart

Atul Auto Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

Get a 7-Day Free Trial

39.89

39.55

65.23

67.09

43.92

Atul Auto 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															63.52	40.27	111.92	58.15	54.82

Competitive Comparison of Atul Auto's Days Payable

For the Auto Manufacturers subindustry, Atul Auto'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.

Atul Auto's Days Payable Distribution in the Vehicles & Parts Industry

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

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

Atul Auto 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.

Atul Auto'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
=	( (418.1	+	471.1)	/	2 )	/	3694.6	*	365
=	444.6					/	3694.6	*	365
=	43.92

Atul Auto'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
=	( (666.9	+	0)	/	1 )	/	1110	*	365 / 4
=	666.9					/	1110	*	365 / 4
=	54.82

Atul Auto Days Payable Related Terms

Thank you for viewing the detailed overview of Atul Auto's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Atul Auto (NSE:ATULAUTO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Atul Auto Ltd (NSE:ATULAUTO) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

531795:India

Address

National Highway 8-B, Survey No. 86, Near Microwave Tower, Plot No. 1 - 4, Shapar (Veraval), Rajkot District, Rajkot, GJ, IND, 360024

Website

https://atulauto.co.in

Atul Auto Ltd is an Indian-based automobile manufacturing company. It manufactures and sells three-wheeled commercial automobiles in the domestic and overseas markets. The product portfolio of the company includes Atul Shakti, Atul Gem, Atul Smart, Atul Gemini, Atul RIK, and Atul Elite. The company has a presence in India as well as exports its products internationally. The majority of the revenue is earned from the domestic market. It operates in the following segment namely Automotive Vehicles and Parts and Non-Banking Financial Business.

Atul Auto (NSE:ATULAUTO) Headlines

No Headlines