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Total Transport Systems (NSE:TOTAL) Days Payable : 46.16 (As of Sep. 2023)


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What is Total Transport Systems Days Payable?

Total Transport Systems's average Accounts Payable for the three months ended in Sep. 2023 was ₹440 Mil. Total Transport Systems's Cost of Goods Sold for the three months ended in Sep. 2023 was ₹870 Mil. Hence, Total Transport Systems's Days Payable for the three months ended in Sep. 2023 was 46.16.

The historical rank and industry rank for Total Transport Systems's Days Payable or its related term are showing as below:

NSE:TOTAL' s Days Payable Range Over the Past 10 Years
Min: 25.4   Med: 241.05   Max: 578.91
Current: 104.16

During the past 11 years, Total Transport Systems's highest Days Payable was 578.91. The lowest was 25.40. And the median was 241.05.

NSE:TOTAL's Days Payable is ranked better than
83.01% of 930 companies
in the Transportation industry
Industry Median: 39.05 vs NSE:TOTAL: 104.16

Total Transport Systems's Days Payable declined from Jun. 2022 (343.91) to Sep. 2023 (46.16). It may suggest that Total Transport Systems accelerated paying its suppliers.


Total Transport Systems Days Payable Historical Data

The historical data trend for Total Transport Systems'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.

Total Transport Systems Days Payable Chart

Total Transport Systems 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 215.14 469.36 578.91 291.64 207.93

Total Transport Systems Quarterly Data
Sep17 Mar18 Sep18 Mar19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Mar23 Jun23 Sep23
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 Premium Member Only Premium Member Only Premium Member Only 343.91 16.41 - 117.07 46.16

Competitive Comparison of Total Transport Systems's Days Payable

For the Integrated Freight & Logistics subindustry, Total Transport Systems'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.


Total Transport Systems's Days Payable Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Total Transport Systems's Days Payable distribution charts can be found below:

* The bar in red indicates where Total Transport Systems's Days Payable falls into.



Total Transport Systems 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.

Total Transport Systems'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
=( (326.187 + 147.537) / 2 ) / 415.797*365
=236.862 / 415.797*365
=207.93

Total Transport Systems's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

Days Payable (Q: Sep. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2023 ) + Accounts Payable (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (0 + 440.335) / 1 ) / 870.438*365 / 4
=440.335 / 870.438*365 / 4
=46.16

* 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.


Total Transport Systems Days Payable Related Terms

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Total Transport Systems (NSE:TOTAL) Business Description

Traded in Other Exchanges
N/A
Address
T Square Building, Saki Vihar Road, 7th Floor, Chandivali Junction, Andheri (East), Opposite Chandivali Petrol Pump, Mumbai, MH, IND, 400072
Total Transport Systems Ltd is engaged in the logistics business. The company is engaged in the business of consolidation/deconsolidation of cargo, freight forwarding, logistics, warehousing, and transportation. The company provides various services such as CFS Operations, LCL Services, Project Cargo Movement, Air services, Specialised services, and others. Its segments include Multimodal transport operations and Last mile delivery operations of which key revenue is generated from the Multimodal transport operations segment involving non-vessel owing common carrier operations related to less than container load consolidation and full container load forwarding activities in India and across the globe.

Total Transport Systems (NSE:TOTAL) Headlines

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