Delta (NSE:DELTACORP) Days Payable : 212.32 (As of Mar. 2024)

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What is Delta Days Payable?

Delta's average Accounts Payable for the three months ended in Mar. 2024 was ₹354 Mil. Delta's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹152 Mil. Hence, Delta's Days Payable for the three months ended in Mar. 2024 was 212.32.

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

NSE:DELTACORP' s Days Payable Range Over the Past 10 Years
Min: 72.06 Med: 152.21 Max: 315.23
Current: 72.06

During the past 13 years, Delta's highest Days Payable was 315.23. The lowest was 72.06. And the median was 152.21.

NSE:DELTACORP's Days Payable is ranked better than
55.34% of 759 companies
in the Travel & Leisure industry
Industry Median: 59.8 vs NSE:DELTACORP: 72.06

Delta's Days Payable increased from Mar. 2023 (96.51) to Mar. 2024 (212.32). It may suggest that Delta delayed paying its suppliers.

Delta Days Payable Historical Data

The historical data trend for Delta'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.

Delta Days Payable Chart

Delta Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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122.77

315.23

166.09

86.10

140.44

Delta 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															96.51	22.86	61.25	231.17	212.32

Competitive Comparison of Delta's Days Payable

For the Resorts & Casinos subindustry, Delta'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.

Delta's Days Payable Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Delta's Days Payable distribution charts can be found below:

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

Delta 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.

Delta'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
=	( (157.9	+	353.9)	/	2 )	/	665.1	*	365
=	255.9					/	665.1	*	365
=	140.44

Delta'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
=	( (0	+	353.9)	/	1 )	/	152.1	*	365 / 4
=	353.9					/	152.1	*	365 / 4
=	212.32

Delta Days Payable Related Terms

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Delta (NSE:DELTACORP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Delta Corp Ltd (NSE:DELTACORP) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

532848:India

Address

Tardeo Road, Haji Ali, 2nd Floor, Bayside Mall, Opposite Sobo Central Mall, Mumbai, MH, IND, 400 034

Website

http://www.deltacorp.in

Delta Corp Ltd is engaged in the casino and gaming industry in India. The company's operating segment includes Gaming, Online Skill Gaming, and Hospitality. It generates maximum revenue from the Gaming segment. Geographically, it derives a majority of its revenue from India.

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