Timken India (NSE:TIMKEN) Days Payable : 81.87 (As of Sep. 2024)

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What is Timken India Days Payable?

Timken India's average Accounts Payable for the three months ended in Sep. 2024 was ₹4,100 Mil. Timken India's Cost of Goods Sold for the three months ended in Sep. 2024 was ₹4,570 Mil. Hence, Timken India's Days Payable for the three months ended in Sep. 2024 was 81.87.

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

NSE:TIMKEN' s Days Payable Range Over the Past 10 Years
Min: 45.77 Med: 71.21 Max: 108.46
Current: 69.13

During the past 13 years, Timken India's highest Days Payable was 108.46. The lowest was 45.77. And the median was 71.21.

NSE:TIMKEN's Days Payable is ranked worse than
54.42% of 2929 companies
in the Industrial Products industry
Industry Median: 75.78 vs NSE:TIMKEN: 69.13

Timken India's Days Payable increased from Sep. 2023 (77.00) to Sep. 2024 (81.87). It may suggest that Timken India delayed paying its suppliers.

Timken India Days Payable Historical Data

The historical data trend for Timken India'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.

Timken India Days Payable Chart

Timken India Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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81.72

108.46

85.66

67.26

70.86

Timken India 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															77.00	84.26	50.57	74.11	81.87

Competitive Comparison of Timken India's Days Payable

For the Tools & Accessories subindustry, Timken India'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.

Timken India's Days Payable Distribution in the Industrial Products Industry

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

* The bar in red indicates where Timken India's Days Payable falls into.

Timken India 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.

Timken India'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
=	( (3444.19	+	3857.28)	/	2 )	/	18804.54	*	365
=	3650.735					/	18804.54	*	365
=	70.86

Timken India'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	+	4100.13)	/	1 )	/	4570	*	365 / 4
=	4100.13					/	4570	*	365 / 4
=	81.87

Timken India Days Payable Related Terms

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Timken India Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Timken India Ltd (NSE:TIMKEN) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

522113:India

Address

Phase II, Hosur Road, No. 39-42, Electronic City, Bangalore, KA, IND, 560100

Website

https://www.timken.com

Timken India Ltd is an India-based company that manufactures, distributes, and services bearings and related components. The company also provides repair and maintenance services for industrial gearboxes. The company's products, predominantly engineered bearings, and mechanical power transmission products, are marketed under brand names including Timken, Beka, Diamond, Drives, and others. The company's clients come from defense, mining, metals, and civil aerospace sectors. Timken India generates the majority of its sales from the Indian domestic market and the rest from the United States of America, and other countries.

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