Gujarat Gas (BOM:539336) Days Payable : 15.89 (As of Dec. 2023)

View and export this data going back to 2015. Start your Free Trial

What is Gujarat Gas Days Payable?

Gujarat Gas's average Accounts Payable for the three months ended in Dec. 2023 was ₹5,614 Mil. Gujarat Gas's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹32,230 Mil. Hence, Gujarat Gas's Days Payable for the three months ended in Dec. 2023 was 15.89.

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

BOM:539336' s Days Payable Range Over the Past 10 Years
Min: 11.78 Med: 19.17 Max: 25.54
Current: 16.48

During the past 13 years, Gujarat Gas's highest Days Payable was 25.54. The lowest was 11.78. And the median was 19.17.

BOM:539336's Days Payable is ranked worse than
95.94% of 493 companies
in the Utilities - Regulated industry
Industry Median: 66.38 vs BOM:539336: 16.48

Gujarat Gas's Days Payable increased from Dec. 2022 (15.60) to Dec. 2023 (15.89). It may suggest that Gujarat Gas delayed paying its suppliers.

Gujarat Gas Days Payable Historical Data

The historical data trend for Gujarat Gas'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.

Gujarat Gas Days Payable Chart

Gujarat Gas Annual Data

Trend

Dec13

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

Get a 7-Day Free Trial

18.61

15.55

19.73

11.78

15.36

Gujarat Gas 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															15.60	18.02	21.10	16.78	15.89

Competitive Comparison of Gujarat Gas's Days Payable

For the Utilities - Regulated Gas subindustry, Gujarat Gas'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.

Gujarat Gas's Days Payable Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Gujarat Gas's Days Payable distribution charts can be found below:

* The bar in red indicates where Gujarat Gas's Days Payable falls into.

Gujarat Gas 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.

Gujarat Gas'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
=	( (4470.5	+	7155.8)	/	2 )	/	138182.5	*	365
=	5813.15					/	138182.5	*	365
=	15.36

Gujarat Gas'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
=	( (5613.8	+	0)	/	1 )	/	32230.4	*	365 / 4
=	5613.8					/	32230.4	*	365 / 4
=	15.89

Gujarat Gas Days Payable Related Terms

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

Gujarat Gas (BOM:539336) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Gujarat Gas Ltd (BOM:539336) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

GUJGASLTD:India

Address

2, Shanti Sadan Society, Near Parimal Garden, Ellisbridge, Ahmedabad, GJ, IND, 380 006

Website

https://www.gujaratgas.com

Gujarat Gas Ltd is an India based gas distribution company. Its activities include sale, purchase, supply, distribution, transport, trading in Natural Gas, Compressed natural gas, Liquefied natural gas, Liquefied petroleum gas and other gaseous forms. The company transports the gas through pipelines, trucks, trains or other suitable mode for transportation. It operates in the segment of the natural gas business. All the business activities of the company are carried out in India.

Gujarat Gas (BOM:539336) Headlines

No Headlines