Gabriel India (NSE:GABRIEL) Days Payable : 77.62 (As of Mar. 2024)

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What is Gabriel India Days Payable?

Gabriel India's average Accounts Payable for the three months ended in Mar. 2024 was ₹5,877 Mil. Gabriel India's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹6,909 Mil. Hence, Gabriel India's Days Payable for the three months ended in Mar. 2024 was 77.62.

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

NSE:GABRIEL' s Days Payable Range Over the Past 10 Years
Min: 60.85 Med: 64.21 Max: 87.21
Current: 72.63

During the past 13 years, Gabriel India's highest Days Payable was 87.21. The lowest was 60.85. And the median was 64.21.

NSE:GABRIEL's Days Payable is ranked better than
55.4% of 1260 companies
in the Vehicles & Parts industry
Industry Median: 66.48 vs NSE:GABRIEL: 72.63

Gabriel India's Days Payable increased from Mar. 2023 (67.83) to Mar. 2024 (77.62). It may suggest that Gabriel India delayed paying its suppliers.

Gabriel India Days Payable Historical Data

The historical data trend for Gabriel India'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.

Gabriel India Days Payable Chart

Gabriel India Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

Get a 7-Day Free Trial

63.01

86.80

87.21

72.49

73.54

Gabriel India 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															67.83	66.70	69.45	74.36	77.62

Competitive Comparison of Gabriel India's Days Payable

For the Auto Parts subindustry, Gabriel India'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.

Gabriel India's Days Payable Distribution in the Vehicles & Parts Industry

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

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

Gabriel India 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.

Gabriel India'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
=	( (4404.54	+	5877.38)	/	2 )	/	25517.67	*	365
=	5140.96					/	25517.67	*	365
=	73.54

Gabriel India'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	+	5877.38)	/	1 )	/	6909.22	*	365 / 4
=	5877.38					/	6909.22	*	365 / 4
=	77.62

Gabriel India Days Payable Related Terms

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Gabriel India (NSE:GABRIEL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Gabriel India Ltd (NSE:GABRIEL) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

505714:India

Address

29th Milestone, Pune-Nashik Highway, Village Kuruli, Taluka Khed, Pune, MH, IND, 410 501

Website

http://www.gabrielindia.com

Gabriel India Ltd is an Indian company that manufactures and sells auto components. It offers ride-control products catering to all segments of the automotive industry. The company provides a wide range of ride control products including Shock absorbers, Struts, Axle dampers, Cabin dampers and seat dampers, and Front forks, among others. The company primarily operates in India, and its products are also marketed outside India. It generates key revenue from within India. The customers of the company cover four-wheelers, two and three-wheelers, and commercial vehicles and railways, of which major revenue is derived from two and three-wheelers.

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