Lesha Industries (BOM:533602) Days Payable : 42.84 (As of Dec. 2023)

View and export this data going back to 2011. Start your Free Trial

What is Lesha Industries Days Payable?

Lesha Industries's average Accounts Payable for the three months ended in Dec. 2023 was ₹8.28 Mil. Lesha Industries's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹17.64 Mil. Hence, Lesha Industries's Days Payable for the three months ended in Dec. 2023 was 42.84.

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

BOM:533602' s Days Payable Range Over the Past 10 Years
Min: 8.53 Med: 130.3 Max: 2194.38
Current: 130.32

During the past 13 years, Lesha Industries's highest Days Payable was 2194.38. The lowest was 8.53. And the median was 130.30.

BOM:533602's Days Payable is ranked better than
89.76% of 586 companies
in the Steel industry
Industry Median: 41.325 vs BOM:533602: 130.32

Lesha Industries's Days Payable declined from Dec. 2022 (118.78) to Dec. 2023 (42.84). It may suggest that Lesha Industries accelerated paying its suppliers.

Lesha Industries Days Payable Historical Data

The historical data trend for Lesha Industries'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.

Lesha Industries Days Payable Chart

Lesha Industries Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

Get a 7-Day Free Trial

202.77

62.64

8.53

78.81

115.88

Lesha Industries 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															118.78	92.35	191.00	-	42.84

Competitive Comparison of Lesha Industries's Days Payable

For the Steel subindustry, Lesha Industries'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.

Lesha Industries's Days Payable Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Lesha Industries's Days Payable distribution charts can be found below:

* The bar in red indicates where Lesha Industries's Days Payable falls into.

Lesha Industries 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.

Lesha Industries'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
=	( (26.455	+	12.72)	/	2 )	/	61.696	*	365
=	19.5875					/	61.696	*	365
=	115.88

Lesha Industries'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
=	( (8.281	+	0)	/	1 )	/	17.638	*	365 / 4
=	8.281					/	17.638	*	365 / 4
=	42.84

Lesha Industries Days Payable Related Terms

Thank you for viewing the detailed overview of Lesha Industries's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Lesha Industries (BOM:533602) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Lesha Industries Ltd (BOM:533602) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Mithakhali Six Roads, 7th Floor, Ashoka Chambers, Ahmedabad, GJ, IND, 380006

Website

https://www.lesha.in

Lesha Industries Ltd is an Indian based company engaged in trading of various steel products, trading of goods and dealing in Shares and securities. The business activities of the group are functioned through the segments which include Steel, Shares/Commodity, Trading of Goods, and Others. Geographically activities are conducted through the region of India and it derives most of the revenue from the trading of goods segment.

Lesha Industries (BOM:533602) Headlines

No Headlines