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VA Tech Wabag (NSE:WABAG) Days Payable : 153.88 (As of Dec. 2023)


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What is VA Tech Wabag Days Payable?

VA Tech Wabag's average Accounts Payable for the three months ended in Dec. 2023 was ₹8,936 Mil. VA Tech Wabag's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹5,299 Mil. Hence, VA Tech Wabag's Days Payable for the three months ended in Dec. 2023 was 153.88.

The historical rank and industry rank for VA Tech Wabag's Days Payable or its related term are showing as below:

NSE:WABAG' s Days Payable Range Over the Past 10 Years
Min: 155.21   Med: 165.98   Max: 265.08
Current: 161.59

During the past 13 years, VA Tech Wabag's highest Days Payable was 265.08. The lowest was 155.21. And the median was 165.98.

NSE:WABAG's Days Payable is ranked better than
78.42% of 1603 companies
in the Construction industry
Industry Median: 74.72 vs NSE:WABAG: 161.59

VA Tech Wabag's Days Payable declined from Dec. 2022 (172.48) to Dec. 2023 (153.88). It may suggest that VA Tech Wabag accelerated paying its suppliers.


VA Tech Wabag Days Payable Historical Data

The historical data trend for VA Tech Wabag'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.

VA Tech Wabag Days Payable Chart

VA Tech Wabag 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 265.08 227.55 155.21 163.29 165.25

VA Tech Wabag Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 172.48 139.06 233.63 165.13 153.88

Competitive Comparison of VA Tech Wabag's Days Payable

For the Engineering & Construction subindustry, VA Tech Wabag'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.


VA Tech Wabag's Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, VA Tech Wabag's Days Payable distribution charts can be found below:

* The bar in red indicates where VA Tech Wabag's Days Payable falls into.



VA Tech Wabag 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.

VA Tech Wabag'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
=( (9853.4 + 10696.9) / 2 ) / 22695.4*365
=10275.15 / 22695.4*365
=165.25

VA Tech Wabag's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

Days Payable (Q: Dec. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2023 ) + Accounts Payable (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (8936 + 0) / 1 ) / 5299*365 / 4
=8936 / 5299*365 / 4
=153.88

* 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.


VA Tech Wabag Days Payable Related Terms

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VA Tech Wabag (NSE:WABAG) Business Description

Traded in Other Exchanges
Address
200 Feet Thoraipakkam - Pallavaram Main Road, Wabag House, No. 17, Sunnambu Kolathur, Chennai, TN, IND, 600117
VA Tech Wabag Ltd provides engineering solutions in the water treatment industry. The group is engaged in the construction and maintenance of water treatment plants. The company design completes and operates drinking water and wastewater plants for both the municipal and industrial sectors. The company offers sustained solutions for special customer needs through a comprehensive range of services and technologies. The company provides lifecycle solutions, including conceptualization, design, engineering, procurement, supply, installation, construction, and operations and maintenance services.

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