India Nippon Electricals (NSE:INDNIPPON) Days Payable : 89.30 (As of Sep. 2024)

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What is India Nippon Electricals Days Payable?

India Nippon Electricals's average Accounts Payable for the three months ended in Sep. 2024 was ₹1,403 Mil. India Nippon Electricals's Cost of Goods Sold for the three months ended in Sep. 2024 was ₹1,434 Mil. Hence, India Nippon Electricals's Days Payable for the three months ended in Sep. 2024 was 89.30.

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

NSE:INDNIPPON' s Days Payable Range Over the Past 10 Years
Min: 46.37 Med: 80.71 Max: 92.19
Current: 91.54

During the past 13 years, India Nippon Electricals's highest Days Payable was 92.19. The lowest was 46.37. And the median was 80.71.

NSE:INDNIPPON's Days Payable is ranked better than
68.58% of 1273 companies
in the Vehicles & Parts industry
Industry Median: 66.34 vs NSE:INDNIPPON: 91.54

India Nippon Electricals's Days Payable increased from Sep. 2023 (87.69) to Sep. 2024 (89.30). It may suggest that India Nippon Electricals delayed paying its suppliers.

India Nippon Electricals Days Payable Historical Data

The historical data trend for India Nippon Electricals'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.

India Nippon Electricals Days Payable Chart

India Nippon Electricals Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

Get a 7-Day Free Trial

85.53

92.19

82.21

72.88

83.79

India Nippon Electricals 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															87.69	92.02	89.20	98.90	89.30

Competitive Comparison of India Nippon Electricals's Days Payable

For the Auto Parts subindustry, India Nippon Electricals'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.

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

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

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

India Nippon Electricals 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.

India Nippon Electricals'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
=	( (955.1	+	1382.1)	/	2 )	/	5090.5	*	365
=	1168.6					/	5090.5	*	365
=	83.79

India Nippon Electricals'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	+	1403)	/	1 )	/	1433.7	*	365 / 4
=	1403					/	1433.7	*	365 / 4
=	89.30

India Nippon Electricals Days Payable Related Terms

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India Nippon Electricals Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

532240:India

Address

No. 11 and 13, Patullos Road, Chennai, TN, IND, 600002

Website

https://www.indianippon.com

India Nippon Electricals Ltd is an India based company, that engages in the business of manufacturing electronic ignition systems for two-wheelers, three-wheelers, and portable engines. The company offers AC generator products, such as flywheel magneto, stator, and rotor products, as well as CDI and TCI products, regulator and rectifier units, ignition coils, exhaust gas recirculation controllers, engine controller units, auto choke-generation purpose engines, dual output ignition products, non-contact and contact type throttle position sensors, and PM alternators. Geographically, it derives a majority of its revenue from India.

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