Prajay Engineers Syndicate (NSE:PRAENG) Days Payable : 827.02 (As of Dec. 2024)

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What is Prajay Engineers Syndicate Days Payable?

Prajay Engineers Syndicate's average Accounts Payable for the three months ended in Dec. 2024 was ₹1,108.5 Mil. Prajay Engineers Syndicate's Cost of Goods Sold for the three months ended in Dec. 2024 was ₹122.3 Mil. Hence, Prajay Engineers Syndicate's Days Payable for the three months ended in Dec. 2024 was 827.02.

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

NSE:PRAENG' s Days Payable Range Over the Past 10 Years
Min: 530.89 Med: 1670.03 Max: 2797.1
Current: 530.89

During the past 13 years, Prajay Engineers Syndicate's highest Days Payable was 2797.10. The lowest was 530.89. And the median was 1670.03.

NSE:PRAENG's Days Payable is ranked better than
88.12% of 1566 companies
in the Real Estate industry
Industry Median: 96.89 vs NSE:PRAENG: 530.89

Prajay Engineers Syndicate's Days Payable increased from Dec. 2023 (0.00) to Dec. 2024 (827.02). It may suggest that Prajay Engineers Syndicate delayed paying its suppliers.

Prajay Engineers Syndicate Days Payable Historical Data

The historical data trend for Prajay Engineers Syndicate'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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Prajay Engineers Syndicate Days Payable Chart

Prajay Engineers Syndicate Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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1,940.34

2,405.82

832.59

2,797.10

782.65

Prajay Engineers Syndicate 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															-	326.52	1,815.94	365.68	827.02

Competitive Comparison of Prajay Engineers Syndicate's Days Payable

For the Real Estate - Development subindustry, Prajay Engineers Syndicate'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.

Prajay Engineers Syndicate's Days Payable Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Prajay Engineers Syndicate's Days Payable distribution charts can be found below:

* The bar in red indicates where Prajay Engineers Syndicate's Days Payable falls into.

Prajay Engineers Syndicate 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.

Prajay Engineers Syndicate'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
=	( (1576.66	+	1270.859)	/	2 )	/	663.991	*	365
=	1423.7595					/	663.991	*	365
=	782.65

Prajay Engineers Syndicate'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
=	( (1108.482	+	0)	/	1 )	/	122.306	*	365 / 4
=	1108.482					/	122.306	*	365 / 4
=	827.02

Prajay Engineers Syndicate Days Payable Related Terms

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Prajay Engineers Syndicate Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Prajay Engineers Syndicate Ltd (NSE:PRAENG) » Definitions » Days Payable

Traded in Other Exchanges

531746:India

Address

Prajay Corporate House, 1-10-63 and 64, 5th Floor, Chikoti Gardens, Begumpet, Hyderabad, TG, IND, 500016

Website

https://www.prajayengineers.com

Prajay Engineers Syndicate Ltd is a real estate company. Its operating segment includes the Real estate segment and Hospitality Hotels and Resorts. It generates maximum revenue from the Real estate segment which is into development, sale, management, and operation of all or any part of townships, housing projects as well as leasing of self-owned commercial premises. The hotels and resorts segment (HR) is involved in the upkeep and maintenance of hotels, restaurants, and resorts. Geographically, it operates only in India.

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