Lumax Auto Technologies (NSE:LUMAXTECH) Days Payable : 93.03 (As of Dec. 2024)

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What is Lumax Auto Technologies Days Payable?

Lumax Auto Technologies's average Accounts Payable for the three months ended in Dec. 2024 was ₹5,985 Mil. Lumax Auto Technologies's Cost of Goods Sold for the three months ended in Dec. 2024 was ₹5,871 Mil. Hence, Lumax Auto Technologies's Days Payable for the three months ended in Dec. 2024 was 93.03.

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

NSE:LUMAXTECH' s Days Payable Range Over the Past 10 Years
Min: 72.02 Med: 82.97 Max: 111.01
Current: 83.3

During the past 13 years, Lumax Auto Technologies's highest Days Payable was 111.01. The lowest was 72.02. And the median was 82.97.

NSE:LUMAXTECH's Days Payable is ranked better than
64.27% of 1279 companies
in the Vehicles & Parts industry
Industry Median: 65.3 vs NSE:LUMAXTECH: 83.30

Lumax Auto Technologies's Days Payable increased from Dec. 2023 (81.88) to Dec. 2024 (93.03). It may suggest that Lumax Auto Technologies delayed paying its suppliers.

Lumax Auto Technologies Days Payable Historical Data

The historical data trend for Lumax Auto Technologies'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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Lumax Auto Technologies Days Payable Chart

Lumax Auto Technologies Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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89.68

81.32

72.02

86.88

84.61

Lumax Auto Technologies Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Payable	Get a 7-Day Free Trial															81.88	77.42	92.25	100.78	93.03

Competitive Comparison of Lumax Auto Technologies's Days Payable

For the Auto Parts subindustry, Lumax Auto Technologies'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.

Lumax Auto Technologies's Days Payable Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Lumax Auto Technologies's Days Payable distribution charts can be found below:

* The bar in red indicates where Lumax Auto Technologies's Days Payable falls into.

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Lumax Auto Technologies 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.

Lumax Auto Technologies'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
=	( (3839.695	+	4858.177)	/	2 )	/	18761.818	*	365
=	4348.936					/	18761.818	*	365
=	84.61

Lumax Auto Technologies's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

	Days Payable (Q: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2024 )	+	Accounts Payable (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (5985.122	+	0)	/	1 )	/	5870.528	*	365 / 4
=	5985.122					/	5870.528	*	365 / 4
=	93.03

Lumax Auto Technologies Days Payable Related Terms

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Lumax Auto Technologies Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Lumax Auto Technologies Ltd (NSE:LUMAXTECH) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

532796:India

Address

Plot No. 878, Udyog Vihar, Phase - V, Gurugram, HR, IND, 122016

Website

https://www.lumaxworld.in

Lumax Auto Technologies Ltd operates in the automobile components industry. The company is engaged in the business of manufacturing automotive lighting equipment and automotive components. The company provides automotive parts like Lighting, Chassis, Gear shifter, Integrated plastic modules, Intake systems, Aftermarket, Seat structures, and other products.

Lumax Auto Technologies Headlines

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