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Crown Lifters (NSE:CROWN) Days Payable : 795.02 (As of Dec. 2023)


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What is Crown Lifters Days Payable?

Crown Lifters's average Accounts Payable for the three months ended in Dec. 2023 was ₹221.9 Mil. Crown Lifters's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹25.5 Mil. Hence, Crown Lifters's Days Payable for the three months ended in Dec. 2023 was 795.02.

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

NSE:CROWN' s Days Payable Range Over the Past 10 Years
Min: 22.5   Med: 63.97   Max: 338.78
Current: 338.78

During the past 12 years, Crown Lifters's highest Days Payable was 338.78. The lowest was 22.50. And the median was 63.97.

NSE:CROWN's Days Payable is ranked better than
93.6% of 922 companies
in the Business Services industry
Industry Median: 47.92 vs NSE:CROWN: 338.78

Crown Lifters's Days Payable increased from Dec. 2022 (73.94) to Dec. 2023 (795.02). It may suggest that Crown Lifters delayed paying its suppliers.


Crown Lifters Days Payable Historical Data

The historical data trend for Crown Lifters'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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Crown Lifters Days Payable Chart

Crown Lifters Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 66.32 86.96 51.65 22.50 61.62

Crown Lifters Quarterly Data
Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 73.94 81.69 109.27 1,099.93 795.02

Competitive Comparison of Crown Lifters's Days Payable

For the Rental & Leasing Services subindustry, Crown Lifters'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.


Crown Lifters's Days Payable Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Crown Lifters's Days Payable distribution charts can be found below:

* The bar in red indicates where Crown Lifters's Days Payable falls into.



Crown Lifters 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.

Crown Lifters'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
=( (8.471 + 28.128) / 2 ) / 108.398*365
=18.2995 / 108.398*365
=61.62

Crown Lifters'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
=( (221.891 + 0) / 1 ) / 25.468*365 / 4
=221.891 / 25.468*365 / 4
=795.02

* 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.


Crown Lifters Days Payable Related Terms

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Crown Lifters (NSE:CROWN) Business Description

Traded in Other Exchanges
N/A
Address
Veera Desai Road, 104, Raheja Plaza, Premises Co-Op Soc. Ltd., Shah Industrial Estate, Andheri (West), Mumbai, MH, IND, 400053
Crown Lifters Ltd is an Indian firm engaged in the trading and renting of cranes. The company's fleet comprises Crawler Lattice Boom, Crawler Telescopic Boom, All Terrain Crane, Rough Terrain Crane, Aerial Platform, and Piling Rig.

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