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PITA (Heramba Electric) Days Payable : 0.00 (As of Dec. 2023)


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What is Heramba Electric Days Payable?

Heramba Electric's average Accounts Payable for the six months ended in Dec. 2023 was $0.57 Mil. Heramba Electric's Cost of Goods Sold for the six months ended in Dec. 2023 was $0.00 Mil.

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

PITA's Days Payable is not ranked *
in the Industrial Distribution industry.
Industry Median: 52.5
* Ranked among companies with meaningful Days Payable only.

Heramba Electric's Days Payable stayed the same from Dec. 2022 (0.00) to Dec. 2023 (0.00).

Heramba Electric Days Payable Historical Data

The historical data trend for Heramba Electric'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.

Heramba Electric Days Payable Chart

Heramba Electric Annual Data
Trend Dec22 Dec23
Days Payable
- -

Heramba Electric Semi-Annual Data
Dec22 Jun23 Dec23
Days Payable - - -

Competitive Comparison of Heramba Electric's Days Payable

For the Industrial Distribution subindustry, Heramba Electric'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.

Heramba Electric's Days Payable Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Heramba Electric's Days Payable distribution charts can be found below:

* The bar in red indicates where Heramba Electric's Days Payable falls into.


Heramba Electric 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.

Heramba Electric's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

Days Payable (A: Dec. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2022 ) + Accounts Payable (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (0 + 0.569) / 1 ) / 0*365
=0.569 / 0*365
=N/A

Heramba Electric'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: Jun. 2023 ) + Accounts Payable (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (0 + 0.569) / 1 ) / 0*365 / 2
=0.569 / 0*365 / 2
=N/A

* 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.

Heramba Electric Days Payable Related Terms

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Heramba Electric Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Heramba Electric PLC (NAS:PITA) » Definitions » Days Payable
Comparable Companies
Traded in Other Exchanges
N/A
Address
Kiepe Platz 1, Dusseldorf, NW, DEU, D-40599
Website
https://www.kiepe-elektrik.com
Heramba Electric PLC provides electric mobility products and solutions for rail vehicles and buses. It offers its services to public transport companies, fleet operators and vehicle manufacturers as a solution designer and system integrator of electrical systems for rail vehicle systems (including trams, light rail vehicles, metros, regional trains and locomotives) and electrical vehicle systems (including electric buses, such as pure electric In Motion Charging trolley buses and battery electric buses). As an electrical engineering specialist, the Company supplies urban operators and rail vehicle and bus manufacturers with electrical systems for ecologically sustainable and emission-free public transportation solutions.