High Energy Batteries (India) (BOM:504176) Days Payable : 37.66 (As of Mar. 2024)

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What is High Energy Batteries (India) Days Payable?

High Energy Batteries (India)'s average Accounts Payable for the three months ended in Mar. 2024 was ₹34.2 Mil. High Energy Batteries (India)'s Cost of Goods Sold for the three months ended in Mar. 2024 was ₹83.0 Mil. Hence, High Energy Batteries (India)'s Days Payable for the three months ended in Mar. 2024 was 37.66.

The historical rank and industry rank for High Energy Batteries (India)'s Days Payable or its related term are showing as below:

BOM:504176' s Days Payable Range Over the Past 10 Years
Min: 39.79 Med: 145.48 Max: 241.84
Current: 44.46

During the past 13 years, High Energy Batteries (India)'s highest Days Payable was 241.84. The lowest was 39.79. And the median was 145.48.

BOM:504176's Days Payable is ranked worse than
70.13% of 298 companies
in the Aerospace & Defense industry
Industry Median: 75.38 vs BOM:504176: 44.46

High Energy Batteries (India)'s Days Payable increased from Mar. 2023 (20.57) to Mar. 2024 (37.66). It may suggest that High Energy Batteries (India) delayed paying its suppliers.

High Energy Batteries (India) Days Payable Historical Data

The historical data trend for High Energy Batteries (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.

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High Energy Batteries (India) Days Payable Chart

High Energy Batteries (India) Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

Get a 7-Day Free Trial

149.42

80.72

59.77

39.79

44.92

High Energy Batteries (India) Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															20.57	34.45	56.56	58.96	37.66

Competitive Comparison of High Energy Batteries (India)'s Days Payable

For the Aerospace & Defense subindustry, High Energy Batteries (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.

High Energy Batteries (India)'s Days Payable Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, High Energy Batteries (India)'s Days Payable distribution charts can be found below:

* The bar in red indicates where High Energy Batteries (India)'s Days Payable falls into.

High Energy Batteries (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.

High Energy Batteries (India)'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
=	( (27.221	+	34.246)	/	2 )	/	249.707	*	365
=	30.7335					/	249.707	*	365
=	44.92

High Energy Batteries (India)'s Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (0	+	34.246)	/	1 )	/	82.976	*	365 / 4
=	34.246					/	82.976	*	365 / 4
=	37.66

High Energy Batteries (India) Days Payable Related Terms

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High Energy Batteries (India) (BOM:504176) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » High Energy Batteries (India) Ltd (BOM:504176) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 13, Old Mahabalipuram Road, Esvin House, Seevaram Village, Perungudi, Chennai, TN, IND, 600 096

Website

https://www.highenergy.co.in

High Energy Batteries (India) Ltd is engaged in the manufacturing of high technology batteries for use in the army, navy, airforce, and launch vehicles and also commercial batteries for auto and standby valve-regulated Lead-acid battery applications. It is organized into two major business segments - Aerospace, Naval, and Power System Batteries segment and Lead Acid Batteries segment. The company also exports its products to various countries. The aerospace, Naval, and Power System Batteries segment generates maximum revenue for the company.

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