Rane Brake Linings (NSE:RBL) Days Payable : 79.07 (As of Sep. 2024)

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What is Rane Brake Linings Days Payable?

Rane Brake Linings's average Accounts Payable for the three months ended in Sep. 2024 was ₹797 Mil. Rane Brake Linings's Cost of Goods Sold for the three months ended in Sep. 2024 was ₹920 Mil. Hence, Rane Brake Linings's Days Payable for the three months ended in Sep. 2024 was 79.07.

The historical rank and industry rank for Rane Brake Linings's Days Payable or its related term are showing as below:

NSE:RBL' s Days Payable Range Over the Past 10 Years
Min: 62.31 Med: 127.51 Max: 180.95
Current: 68.19

During the past 13 years, Rane Brake Linings's highest Days Payable was 180.95. The lowest was 62.31. And the median was 127.51.

NSE:RBL's Days Payable is ranked better than
51.53% of 1273 companies
in the Vehicles & Parts industry
Industry Median: 66.34 vs NSE:RBL: 68.19

Rane Brake Linings's Days Payable increased from Sep. 2023 (68.87) to Sep. 2024 (79.07). It may suggest that Rane Brake Linings delayed paying its suppliers.

Rane Brake Linings Days Payable Historical Data

The historical data trend for Rane Brake Linings'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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Rane Brake Linings Days Payable Chart

Rane Brake Linings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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161.32

180.95

157.39

101.69

62.31

Rane Brake Linings 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															68.87	66.17	53.44	70.38	79.07

Competitive Comparison of Rane Brake Linings's Days Payable

For the Auto Parts subindustry, Rane Brake Linings'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.

Rane Brake Linings's Days Payable Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Rane Brake Linings's Days Payable distribution charts can be found below:

* The bar in red indicates where Rane Brake Linings's Days Payable falls into.

Rane Brake Linings 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.

Rane Brake Linings'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
=	( (638.5	+	631.5)	/	2 )	/	3719.5	*	365
=	635					/	3719.5	*	365
=	62.31

Rane Brake Linings'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	+	797.3)	/	1 )	/	920.1	*	365 / 4
=	797.3					/	920.1	*	365 / 4
=	79.07

Rane Brake Linings Days Payable Related Terms

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Rane Brake Linings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Rane Brake Linings Ltd (NSE:RBL) » Definitions » Days Payable

Traded in Other Exchanges

532987:India

Address

Malthri, No. 132, Cathedral Road, Rane Corporate Centre, Chennai, TN, IND, 600 086

Website

https://www.ranegroup.com

Rane Brake Linings Ltd manufactures and markets auto components. The company offers products such as brake linings, disc pads, clutch facings, clutch buttons, brake shoes and railway brake blocks for passenger cars, utility vehicles, commercial vehicles, two-wheelers, and railways. Geographically, it derives a majority of revenue from India and also has a presence in the Rest of the World. It is engaged in activities related to the manufacture and supply of auto components for the transportation industry.

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