Ekansh Concepts (BOM:531364) Days Payable : 272.55 (As of Dec. 2023)

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What is Ekansh Concepts Days Payable?

Ekansh Concepts's average Accounts Payable for the three months ended in Dec. 2023 was ₹124.1 Mil. Ekansh Concepts's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹41.5 Mil. Hence, Ekansh Concepts's Days Payable for the three months ended in Dec. 2023 was 272.55.

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

BOM:531364' s Days Payable Range Over the Past 10 Years
Min: 0.59 Med: 17.64 Max: 869.28
Current: 869.28

During the past 13 years, Ekansh Concepts's highest Days Payable was 869.28. The lowest was 0.59. And the median was 17.64.

BOM:531364's Days Payable is ranked better than
96.82% of 1604 companies
in the Construction industry
Industry Median: 74.885 vs BOM:531364: 869.28

Ekansh Concepts's Days Payable increased from Dec. 2022 (114.34) to Dec. 2023 (272.55). It may suggest that Ekansh Concepts delayed paying its suppliers.

Ekansh Concepts Days Payable Historical Data

The historical data trend for Ekansh Concepts'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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Ekansh Concepts Days Payable Chart

Ekansh Concepts Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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110.97

14.46

20.82

144.79

219.80

Ekansh Concepts 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															114.34	-	281.30	717.70	272.55

Competitive Comparison of Ekansh Concepts's Days Payable

For the Engineering & Construction subindustry, Ekansh Concepts'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.

Ekansh Concepts's Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, Ekansh Concepts's Days Payable distribution charts can be found below:

* The bar in red indicates where Ekansh Concepts's Days Payable falls into.

Ekansh Concepts 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.

Ekansh Concepts'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
=	( (125.736	+	81.236)	/	2 )	/	171.846	*	365
=	103.486					/	171.846	*	365
=	219.80

Ekansh Concepts'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
=	( (124.074	+	0)	/	1 )	/	41.54	*	365 / 4
=	124.074					/	41.54	*	365 / 4
=	272.55

Ekansh Concepts Days Payable Related Terms

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Ekansh Concepts (BOM:531364) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Ekansh Concepts Ltd (BOM:531364) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

A-Wing, Andheri Kurla Road, A-403, Mittal Commercial, Marol Naka, Andheri (East), Mumbai, MH, IND, 400059

Website

http://www.ekanshconcepts.com

Ekansh Concepts Ltd is engaged in the business of multi-expertise consulting. The company is involved in direct government and ministries, unilateral, and multilateral companies projects. It has a presence in Roads and Highways; Affordable Housing; Water Management; Urban Development and Sustainability; Environment and Solid Waste Management and Public Financial Reforms. It generates revenue primarily from engineering, procurement, and construction facilities for Infrastructure projects.

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