Polycab India (NSE:POLYCAB) Days Payable : 24.82 (As of Sep. 2024)

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What is Polycab India Days Payable?

Polycab India's average Accounts Payable for the three months ended in Sep. 2024 was ₹11,430 Mil. Polycab India's Cost of Goods Sold for the three months ended in Sep. 2024 was ₹42,025 Mil. Hence, Polycab India's Days Payable for the three months ended in Sep. 2024 was 24.82.

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

NSE:POLYCAB' s Days Payable Range Over the Past 10 Years
Min: 24.64 Med: 74.99 Max: 102.37
Current: 30.98

During the past 9 years, Polycab India's highest Days Payable was 102.37. The lowest was 24.64. And the median was 74.99.

NSE:POLYCAB's Days Payable is ranked worse than
86.89% of 2930 companies
in the Industrial Products industry
Industry Median: 75.76 vs NSE:POLYCAB: 30.98

Polycab India's Days Payable declined from Sep. 2023 (53.16) to Sep. 2024 (24.82). It may suggest that Polycab India accelerated paying its suppliers.

Polycab India Days Payable Historical Data

The historical data trend for Polycab India'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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Polycab India Days Payable Chart

Polycab India Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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81.71

74.99

49.09

34.91

24.64

Polycab India 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															53.16	54.26	21.28	26.31	24.82

Competitive Comparison of Polycab India's Days Payable

For the Electrical Equipment & Parts subindustry, Polycab India'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.

Polycab India's Days Payable Distribution in the Industrial Products Industry

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

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

Polycab India 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.

Polycab India'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
=	( (8068.88	+	10013.59)	/	2 )	/	133952.31	*	365
=	9041.235					/	133952.31	*	365
=	24.64

Polycab India'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
=	( (10566.99	+	12293.8)	/	2 )	/	42024.68	*	365 / 4
=	11430.395					/	42024.68	*	365 / 4
=	24.82

Polycab India Days Payable Related Terms

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Polycab India Business Description

Industry

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

Traded in Other Exchanges

542652:India

Address

No. 29, Senapati Bapat Marg, Tulsi Pipe Road, The Ruby, 21st Floor, Dadar (West), Mumbai, MH, IND, 400028

Website

https://www.polycab.com

Polycab India Ltd is engaged in the business of manufacturing and selling wires and cables and fast moving electrical goods under the POLYCAB brand. The business activities are carried out through Wires and cables, Fast moving electrical goods (FMEG), and Others segment. It generates maximum revenue from the Wires and cables segment. Geographically, it derives a majority of revenue from India. Some of its products include Power cables, Control Cables, Instrumentation Cables, Optical Fibre Cables (OFC), Solar Cables, Building Cables, Flexible Wires, and others.

Polycab India Headlines

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