GTL (NSE:GTL) Days Payable : 131.28 (As of Sep. 2024)

View and export this data going back to 1995. Start your Free Trial

What is GTL Days Payable?

GTL's average Accounts Payable for the three months ended in Sep. 2024 was ₹108 Mil. GTL's Cost of Goods Sold for the three months ended in Sep. 2024 was ₹75 Mil. Hence, GTL's Days Payable for the three months ended in Sep. 2024 was 131.28.

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

NSE:GTL' s Days Payable Range Over the Past 10 Years
Min: 35.35 Med: 93.76 Max: 202.86
Current: 174.62

During the past 13 years, GTL's highest Days Payable was 202.86. The lowest was 35.35. And the median was 93.76.

NSE:GTL's Days Payable is ranked better than
70.23% of 346 companies
in the Telecommunication Services industry
Industry Median: 107.52 vs NSE:GTL: 174.62

GTL's Days Payable declined from Sep. 2023 (175.85) to Sep. 2024 (131.28). It may suggest that GTL accelerated paying its suppliers.

GTL Days Payable Historical Data

The historical data trend for GTL'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.

GTL Days Payable Chart

GTL Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

Get a 7-Day Free Trial

202.86

102.82

84.69

159.49

174.45

GTL Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Payable	Get a 7-Day Free Trial															175.85	187.86	245.04	169.91	131.28

Competitive Comparison of GTL's Days Payable

For the Telecom Services subindustry, GTL'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.

GTL's Days Payable Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, GTL's Days Payable distribution charts can be found below:

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

GTL 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.

GTL'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
=	( (108.4	+	108.3)	/	2 )	/	226.7	*	365
=	108.35					/	226.7	*	365
=	174.45

GTL's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

	Days Payable (Q: Sep. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2024 )	+	Accounts Payable (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (0	+	108.286)	/	1 )	/	75.269	*	365 / 4
=	108.286					/	75.269	*	365 / 4
=	131.28

GTL Days Payable Related Terms

Thank you for viewing the detailed overview of GTL's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

GTL Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » GTL Ltd (NSE:GTL) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

500160:India

Address

29, Walchand Hirachand Marg, 412, Janmabhoomi Chambers, Ballard Estate, Mumbai, MH, IND, 400 001

Website

http://www.gtllimited.com

GTL Ltd is a network service company that offers services and solutions to address the network life cycle requirements of telecom operators, technology providers, and tower companies. It also provides consulting solutions, site acquisition services, and network rollout. The company operates in one business segment which is Network Services. Its service line consists of telecom network services, energy management and operation maintenance, and telecom turnkey projects.

GTL Headlines

No Headlines