Vision Infra Equipment Solutions (NSE:VIESL) Days Payable : 35.55 (As of Sep. 2024)

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What is Vision Infra Equipment Solutions Days Payable?

Vision Infra Equipment Solutions's average Accounts Payable for the six months ended in Sep. 2024 was ₹231 Mil. Vision Infra Equipment Solutions's Cost of Goods Sold for the six months ended in Sep. 2024 was ₹1,186 Mil. Hence, Vision Infra Equipment Solutions's Days Payable for the six months ended in Sep. 2024 was 35.55.

The historical rank and industry rank for Vision Infra Equipment Solutions's Days Payable or its related term are showing as below:

NSE:VIESL' s Days Payable Range Over the Past 10 Years
Min: 33.7 Med: 42.04 Max: 71.09
Current: 71.09

During the past 4 years, Vision Infra Equipment Solutions's highest Days Payable was 71.09. The lowest was 33.70. And the median was 42.04.

NSE:VIESL's Days Payable is ranked better than
65.17% of 916 companies
in the Business Services industry
Industry Median: 45.96 vs NSE:VIESL: 71.09

Vision Infra Equipment Solutions's Days Payable increased from Mar. 2023 (0.00) to Sep. 2024 (35.55). It may suggest that Vision Infra Equipment Solutions delayed paying its suppliers.

Vision Infra Equipment Solutions Days Payable Historical Data

The historical data trend for Vision Infra Equipment 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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Vision Infra Equipment Solutions Days Payable Chart

Vision Infra Equipment Solutions Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Days Payable

58.13

33.70

33.83

50.25

Vision Infra Equipment Solutions Semi-Annual Data
	Mar21	Mar22	Mar23	Mar24	Sep24
Days Payable	-	-	-	-	35.55

Competitive Comparison of Vision Infra Equipment Solutions's Days Payable

For the Rental & Leasing Services subindustry, Vision Infra Equipment 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.

Vision Infra Equipment Solutions's Days Payable Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Vision Infra Equipment Solutions's Days Payable distribution charts can be found below:

* The bar in red indicates where Vision Infra Equipment Solutions's Days Payable falls into.

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Vision Infra Equipment 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.

Vision Infra Equipment 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
=	( (254.783	+	333.915)	/	2 )	/	2137.867	*	365
=	294.349					/	2137.867	*	365
=	50.25

Vision Infra Equipment Solutions'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: Mar. 2024 )	+	Accounts Payable (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (333.915	+	128.07)	/	2 )	/	1185.97	*	365 / 2
=	230.9925					/	1185.97	*	365 / 2
=	35.55

Vision Infra Equipment Solutions Days Payable Related Terms

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Vision Infra Equipment Solutions Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Vision Infra Equipment Solutions Ltd (NSE:VIESL) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

International BusinessBay, Shop No 401-405, Bhawani, 4th floor, Gurunanak Nagar, Bhavani Peth, Pune, MH, IND, 411042

Website

https://www.visioninfraindia.com

Vision Infra Equipment Solutions Ltd is a solution provider in the equipment space delivering its services in airports, smart cities, irrigation, buildings & factories, mining, railways, etc. Its portfolio of services includes: renting of road construction equipment and trading and refurbishment of these equipment. Its services offer several advantages, such as improved efficiency, cost control and a streamlined supply chain. The company's business of renting of road construction equipment is executed in two rental modes based on: (i) time-based pricing and (ii) output-based pricing.

Vision Infra Equipment Solutions Headlines

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