HEG (NSE:HEG) Days Payable : 107.57 (As of Jun. 2024)

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

What is HEG Days Payable?

HEG's average Accounts Payable for the three months ended in Jun. 2024 was ₹4,253 Mil. HEG's Cost of Goods Sold for the three months ended in Jun. 2024 was ₹3,608 Mil. Hence, HEG's Days Payable for the three months ended in Jun. 2024 was 107.57.

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

NSE:HEG' s Days Payable Range Over the Past 10 Years
Min: 43.42 Med: 81.84 Max: 110.53
Current: 93.82

During the past 13 years, HEG's highest Days Payable was 110.53. The lowest was 43.42. And the median was 81.84.

NSE:HEG's Days Payable is ranked better than
60.71% of 2945 companies
in the Industrial Products industry
Industry Median: 75.41 vs NSE:HEG: 93.82

HEG's Days Payable increased from Jun. 2023 (96.92) to Jun. 2024 (107.57). It may suggest that HEG delayed paying its suppliers.

HEG Days Payable Historical Data

The historical data trend for HEG'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.

HEG Days Payable Chart

HEG Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

Get a 7-Day Free Trial

50.02

68.44

101.83

110.53

94.02

HEG Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Days Payable	Get a 7-Day Free Trial															96.92	101.75	102.10	73.25	107.57

Competitive Comparison of HEG's Days Payable

For the Electrical Equipment & Parts subindustry, HEG'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.

HEG's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, HEG's Days Payable distribution charts can be found below:

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

HEG 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.

HEG'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
=	( (4119.503	+	4252.959)	/	2 )	/	16252.271	*	365
=	4186.231					/	16252.271	*	365
=	94.02

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

	Days Payable (Q: Jun. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2024 )	+	Accounts Payable (Q: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
=	( (4252.959	+	0)	/	1 )	/	3607.8	*	365 / 4
=	4252.959					/	3607.8	*	365 / 4
=	107.57

HEG Days Payable Related Terms

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

HEG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » HEG Ltd (NSE:HEG) » Definitions » Days Payable

Traded in Other Exchanges

509631:India

Address

Bhilwara Towers, A-12, Sector 1, Noida, UP, IND, 201301

Website

https://www.hegltd.com

HEG Ltd is a graphite electrode manufacturer. The company operates in business segments that include Graphite Electrodes, which manufactures graphite electrodes; and Power Generation, which comprises of generation of power for captive consumption and sale. The company generates the majority of its revenue from the Graphite Electrodes segment. It also focuses on carbon specialties. Its geographical segments are India, Egypt, Turkey, Korea, the United States, the United Kingdom, Spain, Japan, Saudi Arabia, Mexico, and Others. The export sales generate maximum revenue for the company.

HEG Headlines

No Headlines