HEC Infra Projects (NSE:HECPROJECT) Days Payable : 302.40 (As of Sep. 2023)

View and export this data going back to 2016. Start your Free Trial

What is HEC Infra Projects Days Payable?

HEC Infra Projects's average Accounts Payable for the three months ended in Sep. 2023 was ₹167.2 Mil. HEC Infra Projects's Cost of Goods Sold for the three months ended in Sep. 2023 was ₹50.5 Mil. Hence, HEC Infra Projects's Days Payable for the three months ended in Sep. 2023 was 302.40.

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

NSE:HECPROJECT' s Days Payable Range Over the Past 10 Years
Min: 149.1 Med: 239.52 Max: 1038.89
Current: 1038.89

During the past 10 years, HEC Infra Projects's highest Days Payable was 1038.89. The lowest was 149.10. And the median was 239.52.

NSE:HECPROJECT's Days Payable is ranked better than
97.07% of 1606 companies
in the Construction industry
Industry Median: 76.71 vs NSE:HECPROJECT: 1038.89

HEC Infra Projects's Days Payable declined from Dec. 2021 (305.81) to Sep. 2023 (302.40). It may suggest that HEC Infra Projects accelerated paying its suppliers.

HEC Infra Projects Days Payable Historical Data

The historical data trend for HEC Infra Projects'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.

HEC Infra Projects Days Payable Chart

HEC Infra Projects Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

Get a 7-Day Free Trial

568.77

383.37

305.87

315.25

167.50

HEC Infra Projects Quarterly Data
	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Dec20	Mar21	Sep21	Dec21	Mar22	Sep22	Mar23	Sep23	Mar24
Days Payable	Get a 7-Day Free Trial															171.13	310.26	-	302.40	-

Competitive Comparison of HEC Infra Projects's Days Payable

For the Engineering & Construction subindustry, HEC Infra Projects'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.

HEC Infra Projects's Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, HEC Infra Projects's Days Payable distribution charts can be found below:

* The bar in red indicates where HEC Infra Projects's Days Payable falls into.

HEC Infra Projects 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.

HEC Infra Projects'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
=	( (231.45	+	96.422)	/	2 )	/	357.227	*	365
=	163.936					/	357.227	*	365
=	167.50

HEC Infra Projects's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

	Days Payable (Q: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (231.45	+	102.979)	/	2 )	/	50.458	*	365 / 4
=	167.2145					/	50.458	*	365 / 4
=	302.40

HEC Infra Projects Days Payable Related Terms

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

HEC Infra Projects (NSE:HECPROJECT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » HEC Infra Projects Ltd (NSE:HECPROJECT) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Plot Cross Road, Sindhu Bhavan Road, Sigma-1 Corporates, Corporate House No. 6, Near Maan Party, Bodakdev, Ahmedabad, GJ, IND, 380054

Website

https://www.hecprojects.in

HEC Infra Projects Ltd is an Engineering, Procurement and Construction Company (EPC) Contractor in the Electro-Mechanical and Instrumentation Projects. The company services include switchyards; overhead transmission; substations, underground cable lying; Industrial and commercial electrification, battery energy storage system and mini / micro grid Solar projects water pumping stations; solar park; rooftop solar; indoor and outdoor lighting; security; fire alarm systems and others. It serves Steel, Chemical, Cement, Refineries, Petrochemicals, Gas and Oil Sector, Textile, Pharmaceuticals, Power-generation plants, Ports, Banks, Malls, Call Centers, Software Park; and other industries. It is engaged in the EPC Electro-Mechanical Project Business which is their only segment.

HEC Infra Projects (NSE:HECPROJECT) Headlines

No Headlines