TVS Supply Chain Solutions (NSE:TVSSCS) Days Payable : 59.21 (As of Dec. 2024)

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What is TVS Supply Chain Solutions Days Payable?

TVS Supply Chain Solutions's average Accounts Payable for the three months ended in Dec. 2024 was ₹14,135 Mil. TVS Supply Chain Solutions's Cost of Goods Sold for the three months ended in Dec. 2024 was ₹21,786 Mil. Hence, TVS Supply Chain Solutions's Days Payable for the three months ended in Dec. 2024 was 59.21.

The historical rank and industry rank for TVS Supply Chain Solutions's Days Payable or its related term are showing as below:

NSE:TVSSCS' s Days Payable Range Over the Past 10 Years
Min: 56.25 Med: 109.32 Max: 120.81
Current: 56.25

During the past 6 years, TVS Supply Chain Solutions's highest Days Payable was 120.81. The lowest was 56.25. And the median was 109.32.

NSE:TVSSCS's Days Payable is ranked better than
68.14% of 951 companies
in the Transportation industry
Industry Median: 35.88 vs NSE:TVSSCS: 56.25

TVS Supply Chain Solutions's Days Payable declined from Dec. 2023 (64.12) to Dec. 2024 (59.21). It may suggest that TVS Supply Chain Solutions accelerated paying its suppliers.

TVS Supply Chain Solutions Days Payable Historical Data

The historical data trend for TVS Supply Chain Solutions'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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TVS Supply Chain Solutions Days Payable Chart

TVS Supply Chain Solutions Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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106.06

114.61

120.81

57.16

60.48

TVS Supply Chain Solutions Quarterly Data
	Mar19	Mar20	Mar21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Payable	Get a 7-Day Free Trial												64.12	53.11	54.82	57.04	59.21

Competitive Comparison of TVS Supply Chain Solutions's Days Payable

For the Integrated Freight & Logistics subindustry, TVS Supply Chain Solutions'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.

TVS Supply Chain Solutions's Days Payable Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, TVS Supply Chain Solutions's Days Payable distribution charts can be found below:

* The bar in red indicates where TVS Supply Chain Solutions's Days Payable falls into.

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TVS Supply Chain Solutions 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.

TVS Supply Chain Solutions'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
=	( (14273.2	+	13682.2)	/	2 )	/	84350.7	*	365
=	13977.7					/	84350.7	*	365
=	60.48

TVS Supply Chain Solutions's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

	Days Payable (Q: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2024 )	+	Accounts Payable (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (14135	+	0)	/	1 )	/	21785.5	*	365 / 4
=	14135					/	21785.5	*	365 / 4
=	59.21

TVS Supply Chain Solutions Days Payable Related Terms

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TVS Supply Chain Solutions Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » TVS Supply Chain Solutions Ltd (NSE:TVSSCS) » Definitions » Days Payable

Comparable Companies

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543965:India

Address

No.58, Eldams road, Teynampet, Madurai, TN, IND, 600018

Website

https://www.tvsscs.com

TVS Supply Chain Solutions Ltd is engaged in the business of providing supply chain solution services. The services provided by the company can be divided into the following segments; Integrated supply chain solutions, and Network Solutions. The maximum revenue is generated from the Integrated supply chain solutions segment which includes sourcing and procurement, integrated transportation, logistics operation centers, in-plant logistics operations, finished goods, aftermarket fulfillment, and supply chain consulting. Geographically, it derives revenue from India and the Rest of the world, of which a majority of its revenue is generated outside India from its customers located in Europe, Asia-Pacific, and North America.

TVS Supply Chain Solutions Headlines

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