FIEM Industries (NSE:FIEMIND) Days Payable : 58.98 (As of Dec. 2024)

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What is FIEM Industries Days Payable?

FIEM Industries's average Accounts Payable for the three months ended in Dec. 2024 was ₹2,381 Mil. FIEM Industries's Cost of Goods Sold for the three months ended in Dec. 2024 was ₹3,683 Mil. Hence, FIEM Industries's Days Payable for the three months ended in Dec. 2024 was 58.98.

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

NSE:FIEMIND' s Days Payable Range Over the Past 10 Years
Min: 46.73 Med: 69.6 Max: 78.62
Current: 48.87

During the past 13 years, FIEM Industries's highest Days Payable was 78.62. The lowest was 46.73. And the median was 69.60.

NSE:FIEMIND's Days Payable is ranked worse than
65.47% of 1280 companies
in the Vehicles & Parts industry
Industry Median: 65.96 vs NSE:FIEMIND: 48.87

FIEM Industries's Days Payable declined from Dec. 2023 (66.15) to Dec. 2024 (58.98). It may suggest that FIEM Industries accelerated paying its suppliers.

FIEM Industries Days Payable Historical Data

The historical data trend for FIEM Industries'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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FIEM Industries Days Payable Chart

FIEM Industries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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67.69

72.64

71.51

61.91

46.73

FIEM Industries Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Payable	Get a 7-Day Free Trial															66.15	35.48	48.58	56.81	58.98

Competitive Comparison of FIEM Industries's Days Payable

For the Auto Parts subindustry, FIEM Industries'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.

FIEM Industries's Days Payable Distribution in the Vehicles & Parts Industry

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

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

FIEM Industries 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.

FIEM Industries'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
=	( (1651.384	+	1900.317)	/	2 )	/	13869.901	*	365
=	1775.8505					/	13869.901	*	365
=	46.73

FIEM Industries's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

	Days Payable (Q: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2024 )	+	Accounts Payable (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (2380.593	+	0)	/	1 )	/	3683.231	*	365 / 4
=	2380.593					/	3683.231	*	365 / 4
=	58.98

FIEM Industries Days Payable Related Terms

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FIEM Industries Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » FIEM Industries Ltd (NSE:FIEMIND) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

532768:India

Address

Aria Commercial Towers, Aerocity, Unit No.1A & 1C, 1st Floor, JW Marriott Hotel, New Delhi, IND, 110 037

Website

https://www.fiemindustries.com

FIEM Industries Ltd is an Indian company engaged in the manufacturing of automotive components. The company has identified two reportable business segments based on the nature of its products. The Automotive segment, which is the key revenue driver, comprises automotive lighting and signaling equipment, rearview mirrors, prismatic mirrors, plastic molded parts, and sheet metal components for motorized vehicles and other parts for automotive. The LED Luminaries segment comprises LED luminaries including indoor and outdoor lighting, display panels, and LED integrated passenger information system among others.

FIEM Industries Headlines

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