Eon Electric (NSE:EON) Days Payable: 183.84 (As of Dec. 2019)

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NSE:EON Eon Electric Ltd NSE:EON
4 GF Score
Price ₹6.40
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What is Eon Electric Days Payable?

Eon Electric NSE:EON 4 Days Payable is 183.84 as of Dec. 2019. GuruFocus rates NSE:EON with a GF Score™ of 4/100.

Eon Electric's average Accounts Payable for the three months ended in Dec. 2019 was ₹171.0 Mil. Eon Electric's Cost of Goods Sold for the three months ended in Dec. 2019 was ₹84.9 Mil. Hence, Eon Electric's Days Payable for the three months ended in Dec. 2019 was 183.84.

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

NSE:EON's Days Payable is not ranked *
in the Industrial Products industry.
Industry Median: 78.04
* Ranked among companies with meaningful Days Payable only.

Eon Electric's Days Payable increased from Dec. 2018 (0.00) to Dec. 2019 (183.84). It may suggest that Eon Electric delayed paying its suppliers.

Eon Electric Days Payable Historical Data

* Premium members only.

The historical data trend for Eon Electric'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.

Eon Electric Days Payable Chart

Eon Electric Annual Data
Trend Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 61.38 68.52 90.16 127.35 184.56

Eon Electric Quarterly Data
Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Mar17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19
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 0.00 150.66 533.37 302.60 183.84

NSE:EON vs HON, MMM, GE: Days Payable Comparison

For the Specialty Industrial Machinery subindustry, Eon Electric'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.

Eon Electric Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Eon Electric's Days Payable distribution charts can be found below:

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


NSE:EON
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Eon Electric Ltd NSE:EON
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Eon Electric 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.

Eon Electric's Days Payable for the fiscal year that ended in Mar. 2019 is calculated as

Days Payable (A: Mar. 2019 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2018 ) + Accounts Payable (A: Mar. 2019 )) / count ) / Cost of Goods Sold (A: Mar. 2019 )*Days in Period
=( (367.106 + 296.633) / 2 ) / 656.33*365
=331.8695 / 656.33*365
=184.56

Eon Electric's Days Payable for the quarter that ended in Dec. 2019 is calculated as:

Days Payable (Q: Dec. 2019 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2019 ) + Accounts Payable (Q: Dec. 2019 )) / count ) / Cost of Goods Sold (Q: Dec. 2019 )*Days in Period
=( (170.998 + 0) / 1 ) / 84.874*365 / 4
=170.998 / 84.874*365 / 4
=183.84

* 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 183.84 mean?
Eon Electric (NSE:EON) has a Days Payable of 183.84 as of Dec. 2019. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Eon Electric and its competitors.
Is Eon Electric's Days Payable too high?
Eon Electric's current Days Payable is 183.84. The Industrial Products industry median Days Payable is 78.04. Eon Electric's value of 183.84 is 135.6% above this industry median. Overall, Eon Electric has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Eon Electric's Days Payable compare to HON and MMM?
Eon Electric's Days Payable of 183.84 can be compared against companies in the Industrial Products industry. The industry median Days Payable is 78.04. Eon Electric's value of 183.84 is 135.6% above this benchmark. 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 an Industrial Products company?
The median Days Payable among Industrial Products companies is 78.04, based on 2,993 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. Eon Electric's current Days Payable of 183.84 is 135.6% above 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 Eon Electric and its competitors. For the Industrial Products industry, the median Days Payable is 78.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Eon Electric's current Days Payable is 183.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eon Electric stock overvalued right now?
Eon Electric (NSE:EON) has a current Days Payable of 183.84. The current Days Payable is 183.84 and 135.6% above the Industrial Products industry median of 78.04. Eon Electric's overall GF Score™ is 4/100. 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 Eon Electric (NSE:EON), the current Days Payable is 183.84 as of Dec. 2019. 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.

Eon Electric Business Description

Address Hosiery Complex, C-81, 2nd Floor, Phase 2, Noida, UP, IND, 201305
Eon Electric Ltd manufactures electrical switchgear, lighting equipment, and cables. It engages in the manufacturing and marketing of wires and cables, lighting products and LED Lights. It operates its business through the following segments: Cable and Wires, Lighting, Electrical Consumer Durables, and Others. The Cable and Wires segment includes wires and cables. The Lighting segment includes compact fluorescent lamps, fluorescent tube lights, and luminaires etc. The Electrical Consumer Durables segment includes Fans, Water Heaters etc. The Others segment includes modular switches, wiring accessories, home automation, fans, lithium-ion batteries, mobile phone accessories. Its Lighting segment acts as a core revenue driver for the firm.
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