Five Core Electronics (NSE:FIVECORE) Days Payable: 10.29 (As of Dec. 2018)


What is Five Core Electronics Days Payable?

Five Core Electronics NSE:FIVECORE Days Payable is 10.29 as of Dec. 2018.

Five Core Electronics's average Accounts Payable for the three months ended in Dec. 2018 was ₹99 Mil. Five Core Electronics's Cost of Goods Sold for the three months ended in Dec. 2018 was ₹875 Mil. Hence, Five Core Electronics's Days Payable for the three months ended in Dec. 2018 was 10.29.

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

NSE:FIVECORE's Days Payable is not ranked *
in the Hardware industry.
Industry Median: 69.89
* Ranked among companies with meaningful Days Payable only.

Five Core Electronics's Days Payable declined from Dec. 2017 (57.91) to Dec. 2018 (10.29). It may suggest that Five Core Electronics accelerated paying its suppliers.

Five Core Electronics Days Payable Historical Data

* Premium members only.

The historical data trend for Five Core Electronics'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.

Five Core Electronics Days Payable Chart

Five Core Electronics Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18
Days Payable
Get a 7-Day Free Trial 11.83 7.43 4.10 3.26 18.35

Five Core Electronics Quarterly Data
Mar13 Mar14 Mar15 Mar16 Mar17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 57.91 42.65 26.54 9.10 10.29

NSE:FIVECORE vs : Days Payable Comparison

For the Consumer Electronics subindustry, Five Core Electronics'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.

Five Core Electronics Days Payable vs Hardware Industry

For the Hardware industry and Technology sector, Five Core Electronics's Days Payable distribution charts can be found below:

* The bar in red indicates where Five Core Electronics's Days Payable falls into.


Five Core Electronics 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.

Five Core Electronics's Days Payable for the fiscal year that ended in Mar. 2018 is calculated as

Days Payable (A: Mar. 2018 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2017 ) + Accounts Payable (A: Mar. 2018 )) / count ) / Cost of Goods Sold (A: Mar. 2018 )*Days in Period
=( (16.25 + 271.067) / 2 ) / 2857.965*365
=143.6585 / 2857.965*365
=18.35

Five Core Electronics's Days Payable for the quarter that ended in Dec. 2018 is calculated as:

Days Payable (Q: Dec. 2018 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2018 ) + Accounts Payable (Q: Dec. 2018 )) / count ) / Cost of Goods Sold (Q: Dec. 2018 )*Days in Period
=( (98.709 + 0) / 1 ) / 875.096*365 / 4
=98.709 / 875.096*365 / 4
=10.29

* 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 10.29 mean?
Five Core Electronics (NSE:FIVECORE) has a Days Payable of 10.29 as of Dec. 2018. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Five Core Electronics and its competitors.
Is Five Core Electronics' Days Payable too high?
Five Core Electronics' current Days Payable is 10.29. The Hardware industry median Days Payable is 69.89. Five Core Electronics' value of 10.29 is 85.3% below this industry median.
How does Five Core Electronics' Days Payable compare to ?
Five Core Electronics' Days Payable of 10.29 can be compared against companies in the Hardware industry. The industry median Days Payable is 69.89. Five Core Electronics' value of 10.29 is 85.3% below 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 a Hardware company?
The median Days Payable among Hardware companies is 69.89, based on 2,436 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. Five Core Electronics's current Days Payable of 10.29 is 85.3% 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 Five Core Electronics and its competitors. For the Hardware industry, the median Days Payable is 69.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Five Core Electronics's current Days Payable is 10.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Five Core Electronics stock overvalued right now?
Five Core Electronics (NSE:FIVECORE) has a current Days Payable of 10.29. The current Days Payable is 10.29 and 85.3% below the Hardware industry median of 69.89. 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 Five Core Electronics (NSE:FIVECORE), the current Days Payable is 10.29 as of Dec. 2018. 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.

Five Core Electronics Business Description

Comparable Companies
Address Uggarsain Market, Ashok Nagar, WZ-15B, Ground Floor, New Delhi, IND, 110018
Five Core Electronics Ltd is mainly engaged in Manufacturing and Trading of Electronics and Electricals items with their components. Its products portfolio includes Microphones, Speakers, Amplifiers, Mixers, Conference systems, Megaphones, Horns, Bass Tubes, Tweeters, Home Theaters, Car Speakers, Wall and Ceiling Speakers, TV and other electronics / electrical goods. The company exports its products to U.S.A, U.K, China, Hong Kong, Columbia, Singapore, Dubai, S.A, Saudi Arabia, Kuwait, Nepal, Egypt, Brazil, Argentina, Tanzania, Nigeria, and Bangladesh.