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HeidelbergCement India (BOM:500292) Days Payable : 174.11 (As of Dec. 2023)


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What is HeidelbergCement India Days Payable?

HeidelbergCement India's average Accounts Payable for the three months ended in Dec. 2023 was ₹2,704 Mil. HeidelbergCement India's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹1,417 Mil. Hence, HeidelbergCement India's Days Payable for the three months ended in Dec. 2023 was 174.11.

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

BOM:500292' s Days Payable Range Over the Past 10 Years
Min: 202.95   Med: 324.67   Max: 394.61
Current: 203.2

During the past 13 years, HeidelbergCement India's highest Days Payable was 394.61. The lowest was 202.95. And the median was 324.67.

BOM:500292's Days Payable is ranked better than
87.84% of 370 companies
in the Building Materials industry
Industry Median: 66.17 vs BOM:500292: 203.20

HeidelbergCement India's Days Payable declined from Dec. 2022 (176.68) to Dec. 2023 (174.11). It may suggest that HeidelbergCement India accelerated paying its suppliers.


HeidelbergCement India Days Payable Historical Data

The historical data trend for HeidelbergCement India'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.

HeidelbergCement India Days Payable Chart

HeidelbergCement India Annual Data
Trend Dec14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 326.18 345.95 363.61 394.61 331.59

HeidelbergCement India 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 176.68 239.16 215.51 228.74 174.11

Competitive Comparison of HeidelbergCement India's Days Payable

For the Building Materials subindustry, HeidelbergCement India'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.


HeidelbergCement India's Days Payable Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, HeidelbergCement India's Days Payable distribution charts can be found below:

* The bar in red indicates where HeidelbergCement India's Days Payable falls into.



HeidelbergCement India 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.

HeidelbergCement India'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
=( (4656.4 + 2629.6) / 2 ) / 4010*365
=3643 / 4010*365
=331.59

HeidelbergCement India'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
=( (2703.5 + 0) / 1 ) / 1416.9*365 / 4
=2703.5 / 1416.9*365 / 4
=174.11

* 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.


HeidelbergCement India Days Payable Related Terms

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HeidelbergCement India (BOM:500292) Business Description

Traded in Other Exchanges
Address
Plot Number 68, Sector-44, 2nd Floor, Gurugram, HR, IND, 122002
HeidelbergCement India Ltd operates in the fields of cement, concrete and other downstream activities. The company is engaged in the manufacturing of cement. Its manufacturing facilities are situated in Ammasandra (Karnataka), Damoh (Madhya Pradesh) and Jhansi (Uttar Pradesh). The company's principal products are Portland Pozzolana Cement and Portland Slag cement. Maximum revenue is derived from the sale of cement.

HeidelbergCement India (BOM:500292) Headlines

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