Honda India Power Products (NSE:HONDAPOWER) Days Payable : 64.29 (As of Mar. 2024)

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What is Honda India Power Products Days Payable?

Honda India Power Products's average Accounts Payable for the three months ended in Mar. 2024 was ₹999 Mil. Honda India Power Products's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹1,418 Mil. Hence, Honda India Power Products's Days Payable for the three months ended in Mar. 2024 was 64.29.

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

NSE:HONDAPOWER' s Days Payable Range Over the Past 10 Years
Min: 51.64 Med: 56.05 Max: 60.04
Current: 58.43

During the past 13 years, Honda India Power Products's highest Days Payable was 60.04. The lowest was 51.64. And the median was 56.05.

NSE:HONDAPOWER's Days Payable is ranked worse than
63.12% of 2920 companies
in the Industrial Products industry
Industry Median: 76.585 vs NSE:HONDAPOWER: 58.43

Honda India Power Products's Days Payable increased from Mar. 2023 (42.54) to Mar. 2024 (64.29). It may suggest that Honda India Power Products delayed paying its suppliers.

Honda India Power Products Days Payable Historical Data

The historical data trend for Honda India Power Products'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.

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Honda India Power Products Days Payable Chart

Honda India Power Products Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

Get a 7-Day Free Trial

58.31

57.47

54.88

51.64

59.14

Honda India Power Products 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															42.54	70.35	48.73	53.42	64.29

Competitive Comparison of Honda India Power Products's Days Payable

For the Specialty Industrial Machinery subindustry, Honda India Power Products'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.

Honda India Power Products's Days Payable Distribution in the Industrial Products Industry

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

* The bar in red indicates where Honda India Power Products's Days Payable falls into.

Honda India Power Products 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.

Honda India Power Products'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
=	( (947.5	+	999.3)	/	2 )	/	6007.7	*	365
=	973.4					/	6007.7	*	365
=	59.14

Honda India Power Products'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	+	999.3)	/	1 )	/	1418.4	*	365 / 4
=	999.3					/	1418.4	*	365 / 4
=	64.29

Honda India Power Products Days Payable Related Terms

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Honda India Power Products (NSE:HONDAPOWER) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Honda India Power Products Ltd (NSE:HONDAPOWER) » Definitions » Days Payable

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Traded in Other Exchanges

522064:India

Address

Plot No. 5, Sector-41 Kasna, Greater Noida Industrial Development Area, District Gautam Budh Nagar, Greater Noida, UP, IND, 201310

Website

https://www.hondaindiapower.com

Honda India Power Products Ltd is engaged in the manufacturing and marketing of power products such as portable generators, water pumps, and general-purpose engines. The company is also involved in the marketing of motor-powered lawnmower, brush cutter, long-tailed outboard motors, and power tillers. Its products are manufactured at its facilities located in Greater Noida. The geographical spread of the company business is present across Indian as well as international markets and generating revenues from the sale of its products.

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