Shivalic Power Control (NSE:SPCL) Days Payable : 38.45 (As of Mar. 2023)

View and export this data going back to 2024. Start your Free Trial

What is Shivalic Power Control Days Payable?

Shivalic Power Control's average Accounts Payable for the six months ended in Mar. 2023 was ₹67.7 Mil. Shivalic Power Control's Cost of Goods Sold for the six months ended in Mar. 2023 was ₹642.8 Mil. Hence, Shivalic Power Control's Days Payable for the six months ended in Mar. 2023 was 19.22.

The historical rank and industry rank for Shivalic Power Control's Days Payable or its related term are showing as below:

NSE:SPCL's Days Payable is not ranked ^*
in the Industrial Products industry.
Industry Median: 75.85
* Ranked among companies with meaningful Days Payable only.

Shivalic Power Control's Days Payable declined from Mar. 2021 (55.16) to Mar. 2023 (38.45). It may suggest that Shivalic Power Control accelerated paying its suppliers.

Shivalic Power Control Days Payable Historical Data

The historical data trend for Shivalic Power Control'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.

* Premium members only.

Shivalic Power Control Days Payable Chart

Shivalic Power Control Annual Data

Trend

Mar21

Mar22

Mar23

Days Payable

55.16

60.37

38.45

Shivalic Power Control Semi-Annual Data
	Mar21	Mar22	Mar23
Days Payable	55.16	60.37	38.45

Competitive Comparison of Shivalic Power Control's Days Payable

For the Electrical Equipment & Parts subindustry, Shivalic Power Control'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.

Shivalic Power Control's Days Payable Distribution in the Industrial Products Industry

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

* The bar in red indicates where Shivalic Power Control's Days Payable falls into.

Save Embed

;

Save Embed

;

Shivalic Power Control 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.

Shivalic Power Control's Days Payable for the fiscal year that ended in Mar. 2023 is calculated as

	Days Payable (A: Mar. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2022 )	+	Accounts Payable (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (95.921	+	39.498)	/	2 )	/	642.8	*	365
=	67.7095					/	642.8	*	365
=	38.45

Shivalic Power Control's Days Payable for the quarter that ended in Mar. 2023 is calculated as:

	Days Payable (Q: Mar. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2022 )	+	Accounts Payable (Q: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2023 )	*	Days in Period
=	( (95.921	+	39.498)	/	2 )	/	642.8	*	365 / 2
=	67.7095					/	642.8	*	365 / 2
=	19.22

Shivalic Power Control Days Payable Related Terms

Thank you for viewing the detailed overview of Shivalic Power Control's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Shivalic Power Control Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Shivalic Power Control Ltd (NSE:SPCL) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

Plot No. 72, Sector- 68, IMT, Ballabgarh, Faridabad, HR, IND, 121004

Website

https://shivalic.com

Shivalic Power Control Ltd is an ISO-certified LT and HT electric panel manufacturer. It is a technology-driven company with focus on quality, design and product development, which has allowed the company to develop products suited to its customers' requirements. The company has a diversified range of electric panels such as PCC Panels, IMCC Panels, Smart Panels, MCC Panels, DG synchronisation panels, Outdoor panels, HT Panels up to 33KV, VFD , Power Distribution Boards, Bus Duct and LT & HT APFC Panels.

Shivalic Power Control Headlines

No Headlines