Pratibha Industries (NSE:PRATIBHA) Days Payable: 241.33 (As of Mar. 2019)


NSE:PRATIBHA Pratibha Industries Ltd NSE:PRATIBHA
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What is Pratibha Industries Days Payable?

Pratibha Industries NSE:PRATIBHA 4 Days Payable is 241.33 as of Mar. 2019. GuruFocus rates NSE:PRATIBHA with a GF Score™ of 4/100.

Pratibha Industries's average Accounts Payable for the three months ended in Mar. 2019 was ₹2,830 Mil. Pratibha Industries's Cost of Goods Sold for the three months ended in Mar. 2019 was ₹1,070 Mil. Hence, Pratibha Industries's Days Payable for the three months ended in Mar. 2019 was 241.33.

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

NSE:PRATIBHA's Days Payable is not ranked *
in the Construction industry.
Industry Median: 76.78
* Ranked among companies with meaningful Days Payable only.

Pratibha Industries's Days Payable increased from Mar. 2018 (152.44) to Mar. 2019 (241.33). It may suggest that Pratibha Industries delayed paying its suppliers.

Pratibha Industries Days Payable Historical Data

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The historical data trend for Pratibha Industries'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.

Pratibha Industries Days Payable Chart

Pratibha Industries Annual Data
Trend Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 145.27 115.81 146.97 50.62 203.86

Pratibha Industries Quarterly Data
Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 152.44 208.01 283.15 131.84 241.33

Pratibha Industries Days Payable Competitor Comparison

For the Engineering & Construction subindustry, Pratibha Industries'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.

Pratibha Industries Days Payable vs Construction Industry

For the Construction industry and Industrials sector, Pratibha Industries's Days Payable distribution charts can be found below:

* The bar in red indicates where Pratibha Industries's Days Payable falls into.


NSE:PRATIBHA
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Pratibha Industries Ltd NSE:PRATIBHA
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Pratibha Industries 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.

Pratibha Industries's Days Payable for the fiscal year that ended in Mar. 2019 is calculated as

Days Payable (A: Mar. 2019 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2018 ) + Accounts Payable (A: Mar. 2019 )) / count ) / Cost of Goods Sold (A: Mar. 2019 )*Days in Period
=( (4029.052 + 2576.734) / 2 ) / 5913.611*365
=3302.893 / 5913.611*365
=203.86

Pratibha Industries's Days Payable for the quarter that ended in Mar. 2019 is calculated as:

Days Payable (Q: Mar. 2019 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2018 ) + Accounts Payable (Q: Mar. 2019 )) / count ) / Cost of Goods Sold (Q: Mar. 2019 )*Days in Period
=( (3083.275 + 2576.734) / 2 ) / 1070.048*365 / 4
=2830.0045 / 1070.048*365 / 4
=241.33

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 241.33 mean?
Pratibha Industries (NSE:PRATIBHA) has a Days Payable of 241.33 as of Mar. 2019. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Pratibha Industries and its competitors.
Is Pratibha Industries' Days Payable too high?
Pratibha Industries' current Days Payable is 241.33. The Construction industry median Days Payable is 76.78. Pratibha Industries' value of 241.33 is 214.3% above this industry median. Overall, Pratibha Industries has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Pratibha Industries' Days Payable compare to competitors?
Pratibha Industries' Days Payable of 241.33 can be compared against companies in the Construction industry. The industry median Days Payable is 76.78. Pratibha Industries' value of 241.33 is 214.3% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Construction company?
The median Days Payable among Construction companies is 76.78, based on 1,709 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Pratibha Industries's current Days Payable of 241.33 is 214.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Pratibha Industries and its competitors. For the Construction industry, the median Days Payable is 76.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pratibha Industries's current Days Payable is 241.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pratibha Industries stock overvalued right now?
Pratibha Industries (NSE:PRATIBHA) has a current Days Payable of 241.33. The current Days Payable is 241.33 and 214.3% above the Construction industry median of 76.78. Pratibha Industries' overall GF Score™ is 4/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Pratibha Industries (NSE:PRATIBHA), the current Days Payable is 241.33 as of Mar. 2019. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Pratibha Industries Business Description

Address Unit No. 1/B-56 & 1/B-57, LBS Marg, Phoenix Paragon Plaza, Phoenix Market City, Kurla (W), Mumbai, MH, IND, 400 070
Pratibha Industries Ltd is an Indian-based firm. The company is engaged in designing, engineering and execution/construction of complex and integrated projects, the sale of construction materials and other related services. The company provides various solutions like integrated water transmission, water sourcing solutions, and other related solutions. In addition, the company is also involved in infrastructure development, including design and construction of railway stations and various other turnkey projects. The company operates in single Engineering, Procurement, and Construction segment. Most of its revenue comes from the Indian market.
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