Shri Ram Switchgears (NSE:SRIRAM) Days Payable: 0.00 (As of Mar. 2023)


NSE:SRIRAM Shri Ram Switchgears Ltd NSE:SRIRAM
4 GF Score
Price ₹10.10
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What is Shri Ram Switchgears Days Payable?

Shri Ram Switchgears NSE:SRIRAM 4 Days Payable is 0.00 as of Mar. 2023. GuruFocus rates NSE:SRIRAM with a GF Score™ of 4/100.

Shri Ram Switchgears's average Accounts Payable for the six months ended in Mar. 2023 was ₹53.96 Mil. Shri Ram Switchgears's Cost of Goods Sold for the six months ended in Mar. 2023 was ₹0.00 Mil.

The historical rank and industry rank for Shri Ram Switchgears's Days Payable or its related term are showing as below:

NSE:SRIRAM's Days Payable is not ranked *
in the Industrial Products industry.
Industry Median: 78.045
* Ranked among companies with meaningful Days Payable only.

Shri Ram Switchgears's Days Payable declined from Sep. 2021 (553.42) to Mar. 2023 (0.00). It may suggest that Shri Ram Switchgears accelerated paying its suppliers.

Shri Ram Switchgears Days Payable Historical Data

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The historical data trend for Shri Ram Switchgears'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.

Shri Ram Switchgears Days Payable Chart

Shri Ram Switchgears Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 442.79 377.15 275.54 193.17 1,006.72

Shri Ram Switchgears Semi-Annual Data
Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Mar23
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 1,214.02 154.53 553.42 83.02 0.00

Shri Ram Switchgears Days Payable Competitor Comparison

For the Electrical Equipment & Parts subindustry, Shri Ram Switchgears'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.

Shri Ram Switchgears Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shri Ram Switchgears's Days Payable distribution charts can be found below:

* The bar in red indicates where Shri Ram Switchgears's Days Payable falls into.


NSE:SRIRAM
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Shri Ram Switchgears Ltd NSE:SRIRAM
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Shri Ram Switchgears 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.

Shri Ram Switchgears'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
=( (54.892 + 53.034) / 2 ) / 19.565*365
=53.963 / 19.565*365
=1,006.72

Shri Ram Switchgears'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
=( (54.892 + 53.034) / 2 ) / 0*365 / 2
=53.963 / 0*365 / 2
=N/A

* 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 0.00 mean?
Shri Ram Switchgears (NSE:SRIRAM) has a Days Payable of 0.00 as of Mar. 2023. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Shri Ram Switchgears and its competitors.
Is Shri Ram Switchgears' Days Payable too high?
Shri Ram Switchgears' current Days Payable is 0.00. Overall, Shri Ram Switchgears has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Shri Ram Switchgears' Days Payable compare to competitors?
Shri Ram Switchgears' Days Payable of 0.00 can be compared against companies in the Industrial Products industry. The industry median Days Payable is 78.05. 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 an Industrial Products company?
The median Days Payable among Industrial Products companies is 78.05, based on 2,994 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. 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 Shri Ram Switchgears and its competitors. For the Industrial Products industry, the median Days Payable is 78.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shri Ram Switchgears's current Days Payable is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shri Ram Switchgears stock overvalued right now?
Shri Ram Switchgears (NSE:SRIRAM) has a current Days Payable of 0.00. The current Days Payable is 0.00. Shri Ram Switchgears' 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 Shri Ram Switchgears (NSE:SRIRAM), the current Days Payable is 0.00 as of Mar. 2023. 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.

Shri Ram Switchgears Business Description

Address Goushala Road, Shri Ram Bhawan, Ratlam, MP, IND, 457001
Shri Ram Switchgears Ltd is an India-based company that engages in the manufacture and supply of switchgear, distributor boxes, metering boxes, feeder pillars Panels, Low Tension/ High Tension Line materials required in power distribution system utilities. The company also provides control and relay panels, air circuit breaker boxes, single phase boxes, main circuit breaker and molded case circuit breaker panels, A.C./D.C. boards, and other related products.
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