Rachana Infrastructure (NSE:RILINFRA) Days Payable : 40.67 (As of Mar. 2024)

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What is Rachana Infrastructure Days Payable?

Rachana Infrastructure's average Accounts Payable for the six months ended in Mar. 2024 was ₹118.5 Mil. Rachana Infrastructure's Cost of Goods Sold for the six months ended in Mar. 2024 was ₹531.9 Mil. Hence, Rachana Infrastructure's Days Payable for the six months ended in Mar. 2024 was 40.67.

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

NSE:RILINFRA' s Days Payable Range Over the Past 10 Years
Min: 6.19 Med: 53.95 Max: 77.58
Current: 47.79

During the past 6 years, Rachana Infrastructure's highest Days Payable was 77.58. The lowest was 6.19. And the median was 53.95.

NSE:RILINFRA's Days Payable is ranked worse than
72.91% of 1606 companies
in the Construction industry
Industry Median: 76.71 vs NSE:RILINFRA: 47.79

Rachana Infrastructure's Days Payable increased from Mar. 2023 (28.93) to Mar. 2024 (40.67). It may suggest that Rachana Infrastructure delayed paying its suppliers.

Rachana Infrastructure Days Payable Historical Data

The historical data trend for Rachana Infrastructure'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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Rachana Infrastructure Days Payable Chart

Rachana Infrastructure Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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37.70

61.76

76.73

77.58

46.13

Rachana Infrastructure Semi-Annual Data
	Mar19	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Days Payable	Get a 7-Day Free Trial				91.50	100.84	28.93	70.87	40.67

Competitive Comparison of Rachana Infrastructure's Days Payable

For the Infrastructure Operations subindustry, Rachana Infrastructure'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.

Rachana Infrastructure's Days Payable Distribution in the Construction Industry

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

* The bar in red indicates where Rachana Infrastructure's Days Payable falls into.

Rachana Infrastructure 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.

Rachana Infrastructure'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
=	( (46.525	+	135.987)	/	2 )	/	721.999	*	365
=	91.256					/	721.999	*	365
=	46.13

Rachana Infrastructure's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (101.09	+	135.987)	/	2 )	/	531.923	*	365 / 2
=	118.5385					/	531.923	*	365 / 2
=	40.67

Rachana Infrastructure Days Payable Related Terms

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Rachana Infrastructure (NSE:RILINFRA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Rachana Infrastructure Ltd (NSE:RILINFRA) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

Croma Cross Road, Off. Sindhubhavan Road, 604, 6th Floor, Zion Z-One, Near Hotel Avalon, Bodakdev, Ahmedabad, GJ, IND, 380054

Website

https://www.rachanainfra.com

Rachana Infrastructure Ltd is engaged in the business of Construction of Road projects on a Bill of Quantities and EPC basis. The company operates in two business segments; Road and Highway Construction projects; Trading and Quarry Mining.

Rachana Infrastructure (NSE:RILINFRA) Headlines

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