Videocon Industries (NSE:VIDEOIND) Days Payable: 306.61 (As of Jun. 2024)


NSE:VIDEOIND Videocon Industries Ltd NSE:VIDEOIND
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What is Videocon Industries Days Payable?

Videocon Industries NSE:VIDEOIND 4 Days Payable is 306.61 as of Jun. 2024. GuruFocus rates NSE:VIDEOIND with a GF Score™ of 4/100.

Videocon Industries's average Accounts Payable for the three months ended in Jun. 2024 was ₹7,794 Mil. Videocon Industries's Cost of Goods Sold for the three months ended in Jun. 2024 was ₹2,320 Mil. Hence, Videocon Industries's Days Payable for the three months ended in Jun. 2024 was 306.61.

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

NSE:VIDEOIND's Days Payable is not ranked *
in the Oil & Gas industry.
Industry Median: 57.95
* Ranked among companies with meaningful Days Payable only.

Videocon Industries's Days Payable declined from Jun. 2023 (359.40) to Jun. 2024 (306.61). It may suggest that Videocon Industries accelerated paying its suppliers.

Videocon Industries Days Payable Historical Data

* Premium members only.

The historical data trend for Videocon Industries'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.

Videocon Industries Days Payable Chart

Videocon Industries Annual Data
Trend Dec14 Dec15 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 385.37 374.98 306.86 260.47 294.21

Videocon Industries Quarterly Data
Jun19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 359.40 622.10 618.46 113.72 306.61

NSE:VIDEOIND vs FBHS, WHR, MHK: Days Payable Comparison

For the Oil & Gas E&P subindustry, Videocon Industries'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.

Videocon Industries Days Payable vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Videocon Industries's Days Payable distribution charts can be found below:

* The bar in red indicates where Videocon Industries's Days Payable falls into.


NSE:VIDEOIND
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Videocon Industries Ltd NSE:VIDEOIND
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Videocon Industries 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.

Videocon Industries'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
=( (7819.37 + 7794.4) / 2 ) / 9685.36*365
=7806.885 / 9685.36*365
=294.21

Videocon Industries's Days Payable for the quarter that ended in Jun. 2024 is calculated as:

Days Payable (Q: Jun. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2024 ) + Accounts Payable (Q: Jun. 2024 )) / count ) / Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=( (7794.4 + 0) / 1 ) / 2319.71*365 / 4
=7794.4 / 2319.71*365 / 4
=306.61

* 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 306.61 mean?
Videocon Industries (NSE:VIDEOIND) has a Days Payable of 306.61 as of Jun. 2024. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Videocon Industries and its competitors.
Is Videocon Industries' Days Payable too high?
Videocon Industries' current Days Payable is 306.61. The Oil & Gas industry median Days Payable is 57.95. Videocon Industries' value of 306.61 is 429.1% above this industry median. Overall, Videocon Industries has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Videocon Industries' Days Payable compare to FBHS and WHR?
Videocon Industries' Days Payable of 306.61 can be compared against companies in the Oil & Gas industry. The industry median Days Payable is 57.95. Videocon Industries' value of 306.61 is 429.1% above this benchmark. 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 Oil & Gas company?
The median Days Payable among Oil & Gas companies is 57.95, based on 851 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. Videocon Industries's current Days Payable of 306.61 is 429.1% above the industry median. 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 Videocon Industries and its competitors. For the Oil & Gas industry, the median Days Payable is 57.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Videocon Industries's current Days Payable is 306.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Videocon Industries stock overvalued right now?
Videocon Industries (NSE:VIDEOIND) has a current Days Payable of 306.61. The current Days Payable is 306.61 and 429.1% above the Oil & Gas industry median of 57.95. Videocon Industries' 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 Videocon Industries (NSE:VIDEOIND), the current Days Payable is 306.61 as of Jun. 2024. 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.

Videocon Industries Business Description

Industry EnergyOil & Gas
Address 14 KM Stone, Aurangabad - Paithan Road, Village Chittegaon, Taluka Paithan, Aurangabad, MH, IND, 431 105
Videocon Industries Ltd is an India-based company that focuses on manufacturing and distributing a variety of consumer durables and extraction of crude oil and natural gas. The company is principally engaged in two business segments: consumer electronics and home appliances and crude oil and natural gas. The crude oil and natural gas segment generates the maximum revenue for the company through the extraction and production of natural oil and gas. The consumer electronics and home appliances business focuses on manufacturing products that include air conditioners, refrigerators, televisions, washing machines, and small home appliances.
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