Bikewo Green Tech (NSE:BIKEWO) Days Payable: 24.79 (As of Mar. 2025) — 71% Above Median

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NSE:BIKEWO Bikewo Green Tech Ltd NSE:BIKEWO
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What is Bikewo Green Tech Days Payable?

Bikewo Green Tech NSE:BIKEWO -4.96% 15 Days Payable is 24.79 as of Mar. 2025, which is 71% above its 10-year median of 14.46. GuruFocus rates NSE:BIKEWO with a GF Score™ of 15/100. The stock has 8 warning signs investors should review. Among 1,315 Vehicles & Parts companies, Bikewo Green Tech ranks worse than 90.11% on this metric.

Bikewo Green Tech's average Accounts Payable for the six months ended in Mar. 2025 was ₹14.0 Mil. Bikewo Green Tech's Cost of Goods Sold for the six months ended in Mar. 2025 was ₹206.6 Mil. Hence, Bikewo Green Tech's Days Payable for the six months ended in Mar. 2025 was 12.40.

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

NSE:BIKEWO' s Days Payable Range Over the Past 10 Years
Min: 9.32   Med: 14.46   Max: 27.21
Current: 24.79

During the past 5 years, Bikewo Green Tech's highest Days Payable was 27.21. The lowest was 9.32. And the median was 14.46.

NSE:BIKEWO's Days Payable is ranked worse than
90.11% of 1315 companies
in the Vehicles & Parts industry
Industry Median: 66.65 vs NSE:BIKEWO: 24.79

Bikewo Green Tech's Days Payable increased from Mar. 2023 (9.32) to Mar. 2025 (24.79). It may suggest that Bikewo Green Tech delayed paying its suppliers.


Bikewo Green Tech Days Payable Historical Data

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The historical data trend for Bikewo Green Tech'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.

Bikewo Green Tech Days Payable Chart

Bikewo Green Tech Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25
Days Payable
14.46 14.38 9.32 27.21 24.79

Bikewo Green Tech Semi-Annual Data
Mar21 Mar22 Mar23 Mar24 Mar25
Days Payable 14.46 14.38 9.32 27.21 24.79

NSE:BIKEWO vs CVNA, PAG, ALTB: Days Payable Comparison

For the Auto & Truck Dealerships subindustry, Bikewo Green Tech'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.


Bikewo Green Tech Days Payable vs Vehicles & Parts Industry

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

* The bar in red indicates where Bikewo Green Tech's Days Payable falls into.


NSE:BIKEWO
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Bikewo Green Tech Ltd NSE:BIKEWO
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Bikewo Green Tech 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.

Bikewo Green Tech's Days Payable for the fiscal year that ended in Mar. 2025 is calculated as

Days Payable (A: Mar. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2024 ) + Accounts Payable (A: Mar. 2025 )) / count ) / Cost of Goods Sold (A: Mar. 2025 )*Days in Period
=( (21.275 + 6.796) / 2 ) / 206.649*365
=14.0355 / 206.649*365
=24.79

Bikewo Green Tech's Days Payable for the quarter that ended in Mar. 2025 is calculated as:

Days Payable (Q: Mar. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2024 ) + Accounts Payable (Q: Mar. 2025 )) / count ) / Cost of Goods Sold (Q: Mar. 2025 )*Days in Period
=( (21.275 + 6.796) / 2 ) / 206.649*365 / 2
=14.0355 / 206.649*365 / 2
=12.40

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 24.79 mean?
Bikewo Green Tech (NSE:BIKEWO) has a Days Payable of 24.79 as of Mar. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Bikewo Green Tech and its competitors. This is 71% above median its historical median of 14.46. Over the past decade, Bikewo Green Tech's Days Payable has ranged from 9.32 to 27.21. According to the industry distribution chart, Bikewo Green Tech ranks #1185 out of 1315 companies in the Vehicles & Parts industry, placing it in the top 90.1%.
Is Bikewo Green Tech's Days Payable too high?
Bikewo Green Tech's current Days Payable of 24.79 is 71% above median its 10-year median of 14.46. Over the past 10 years, this metric has ranged from a low of 9.32 to a high of 27.21. The Vehicles & Parts industry median Days Payable is 66.65. Bikewo Green Tech's value of 24.79 is 62.8% below this industry median. Based on the distribution chart, Bikewo Green Tech ranks #1185 out of 1315 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Bikewo Green Tech has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does Bikewo Green Tech's Days Payable compare to CVNA and PAG?
According to the Vehicles & Parts industry distribution chart, Bikewo Green Tech ranks #1185 out of 1315 companies for Days Payable. This places Bikewo Green Tech in the lower half of its industry. The industry median Days Payable is 66.65. Bikewo Green Tech's value of 24.79 is 62.8% below this benchmark. Historically, Bikewo Green Tech's own Days Payable has ranged from 9.32 to 27.21 over the past decade. While the company's 10-year median is 14.46 vs. the industry median of 66.65, Bikewo Green Tech has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Vehicles & Parts company?
The median Days Payable among Vehicles & Parts companies is 66.65, based on 1,315 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Bikewo Green Tech's current Days Payable of 24.79 is 62.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Bikewo Green Tech and its competitors. For the Vehicles & Parts industry, the median Days Payable is 66.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bikewo Green Tech's current Days Payable is 24.79, which is 71% above median its own 10-year median of 14.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bikewo Green Tech stock overvalued right now?
Bikewo Green Tech (NSE:BIKEWO) has a current Days Payable of 24.79. The current Days Payable is 24.79, which is 71% above median its 10-year median of 14.46 and 62.8% below the Vehicles & Parts industry median of 66.65. Bikewo Green Tech's overall GF Score™ is 15/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Bikewo Green Tech (NSE:BIKEWO), the current Days Payable is 24.79 as of Mar. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Bikewo Green Tech Business Description

Address Lakshmi Sai Damam, Road No. 5, H.No. 1-90/7/B/38, Flat No. 201, 2nd Floor, Patrika Nagar, Shaikpet, Madhapur, Hyderabad, TG, IND, 500081
Bikewo Green Tech Ltd is an electric two-wheeler retailer in India. The company's business activities are operated through dealership models. It offers three types of dealerships to dealers such as State Dealership; Diamond Dealership and Platinum Dealership.
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