Godawari Power & Ispat (BOM:532734) Days Payable : 47.83 (As of Dec. 2023)

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What is Godawari Power & Ispat Days Payable?

Godawari Power & Ispat's average Accounts Payable for the three months ended in Dec. 2023 was ₹3,632 Mil. Godawari Power & Ispat's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹6,928 Mil. Hence, Godawari Power & Ispat's Days Payable for the three months ended in Dec. 2023 was 47.83.

The historical rank and industry rank for Godawari Power & Ispat's Days Payable or its related term are showing as below:

BOM:532734' s Days Payable Range Over the Past 10 Years
Min: 29.44 Med: 54.5 Max: 106.56
Current: 43.42

During the past 13 years, Godawari Power & Ispat's highest Days Payable was 106.56. The lowest was 29.44. And the median was 54.50.

BOM:532734's Days Payable is ranked better than
52.89% of 588 companies
in the Steel industry
Industry Median: 39.865 vs BOM:532734: 43.42

Godawari Power & Ispat's Days Payable increased from Dec. 2022 (34.23) to Dec. 2023 (47.83). It may suggest that Godawari Power & Ispat delayed paying its suppliers.

Godawari Power & Ispat Days Payable Historical Data

The historical data trend for Godawari Power & Ispat'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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Godawari Power & Ispat Days Payable Chart

Godawari Power & Ispat Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

Get a 7-Day Free Trial

29.44

30.56

29.48

54.39

54.61

Godawari Power & Ispat 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															34.23	33.75	65.18	49.96	47.83

Competitive Comparison of Godawari Power & Ispat's Days Payable

For the Steel subindustry, Godawari Power & Ispat'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.

Godawari Power & Ispat's Days Payable Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Godawari Power & Ispat's Days Payable distribution charts can be found below:

* The bar in red indicates where Godawari Power & Ispat's Days Payable falls into.

Godawari Power & Ispat 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.

Godawari Power & Ispat'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
=	( (6786.541	+	5351.913)	/	2 )	/	40568.805	*	365
=	6069.227					/	40568.805	*	365
=	54.61

Godawari Power & Ispat'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
=	( (3631.9	+	0)	/	1 )	/	6928.3	*	365 / 4
=	3631.9					/	6928.3	*	365 / 4
=	47.83

Godawari Power & Ispat Days Payable Related Terms

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Godawari Power & Ispat (BOM:532734) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Godawari Power & Ispat Ltd (BOM:532734) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

GPIL:India

Address

Hira Arcade, First Floor, Near New Bus Stand, Pandri, Raipur, CT, IND, 492004

Website

http://www.godawaripowerispat.com

Godawari Power & Ispat Ltd is an India-based fully integrated steel company with a presence across the steel value chain extending from iron ore mining to iron ore pellets and value-added steel products. The company has a single primary business segment Iron and Steel which includes captive power, as the captive power generated by the company is used for the production process of iron and steel. The group operates in India. The products offered by the group are Pellets, Sponge iron, Iron and steel billets, Wire rods, Hard black wires, Ferro-alloys, and others.

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