Paramount Communications (BOM:530555) Days Payable : 32.47 (As of Mar. 2024)

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What is Paramount Communications Days Payable?

Paramount Communications's average Accounts Payable for the three months ended in Mar. 2024 was ₹848 Mil. Paramount Communications's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹2,382 Mil. Hence, Paramount Communications's Days Payable for the three months ended in Mar. 2024 was 32.47.

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

BOM:530555' s Days Payable Range Over the Past 10 Years
Min: 28.74 Med: 57.46 Max: 85.1
Current: 38.12

During the past 13 years, Paramount Communications's highest Days Payable was 85.10. The lowest was 28.74. And the median was 57.46.

BOM:530555's Days Payable is ranked worse than
79.93% of 2421 companies
in the Hardware industry
Industry Median: 68.07 vs BOM:530555: 38.12

Paramount Communications's Days Payable increased from Mar. 2023 (23.85) to Mar. 2024 (32.47). It may suggest that Paramount Communications delayed paying its suppliers.

Paramount Communications Days Payable Historical Data

The historical data trend for Paramount Communications'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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Paramount Communications Days Payable Chart

Paramount Communications Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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85.10

77.51

60.66

38.57

28.74

Paramount Communications 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															23.85	23.34	59.66	53.89	32.47

Competitive Comparison of Paramount Communications's Days Payable

For the Communication Equipment subindustry, Paramount Communications'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.

Paramount Communications's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Paramount Communications's Days Payable distribution charts can be found below:

* The bar in red indicates where Paramount Communications's Days Payable falls into.

Paramount Communications 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.

Paramount Communications'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
=	( (398.149	+	847.518)	/	2 )	/	7908.723	*	365
=	622.8335					/	7908.723	*	365
=	28.74

Paramount Communications'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	+	847.518)	/	1 )	/	2381.537	*	365 / 4
=	847.518					/	2381.537	*	365 / 4
=	32.47

Paramount Communications Days Payable Related Terms

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Paramount Communications (BOM:530555) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Paramount Communications Ltd (BOM:530555) » Definitions » Days Payable

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Traded in Other Exchanges

PARACABLES:India

Address

KH-433, Maulsari Avenue, Westend Greens, New Delhi, IND, 110037

Website

https://www.paramountcables.com

Paramount Communications Ltd is a wire and cable manufacturing company. Its product portfolio consists of low-voltage and high-voltage power cables, aerial bunch cables (ABC), control and instrumentation cables, thermocouple extension and compensating cables, fire performance cables, and others. Its products are used in the power, railways, telecom and information technology (IT), petrochemicals, construction, and defense industries. The sale of power cables generates maximum revenue for the company.

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