Macrotech Developers (BOM:543287) Days Payable : 91.59 (As of Mar. 2024)

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What is Macrotech Developers Days Payable?

Macrotech Developers's average Accounts Payable for the three months ended in Mar. 2024 was ₹25,314 Mil. Macrotech Developers's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹25,221 Mil. Hence, Macrotech Developers's Days Payable for the three months ended in Mar. 2024 was 91.59.

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

BOM:543287' s Days Payable Range Over the Past 10 Years
Min: 78.49 Med: 98.5 Max: 181.41
Current: 155.21

During the past 7 years, Macrotech Developers's highest Days Payable was 181.41. The lowest was 78.49. And the median was 98.50.

BOM:543287's Days Payable is ranked better than
63.47% of 1574 companies
in the Real Estate industry
Industry Median: 97.295 vs BOM:543287: 155.21

Macrotech Developers's Days Payable declined from Dec. 2022 (129.99) to Mar. 2024 (91.59). It may suggest that Macrotech Developers accelerated paying its suppliers.

Macrotech Developers Days Payable Historical Data

The historical data trend for Macrotech Developers'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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Macrotech Developers Days Payable Chart

Macrotech Developers Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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78.49

181.41

87.87

100.91

132.34

Macrotech Developers Quarterly Data
	Mar18	Mar19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial														129.99	86.63	187.27	116.08	91.59

Competitive Comparison of Macrotech Developers's Days Payable

For the Real Estate - Development subindustry, Macrotech Developers'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.

Macrotech Developers's Days Payable Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Macrotech Developers's Days Payable distribution charts can be found below:

* The bar in red indicates where Macrotech Developers's Days Payable falls into.

Macrotech Developers 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.

Macrotech Developers'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
=	( (19665	+	25314)	/	2 )	/	62028	*	365
=	22489.5					/	62028	*	365
=	132.34

Macrotech Developers'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	+	25314)	/	1 )	/	25221	*	365 / 4
=	25314					/	25221	*	365 / 4
=	91.59

Macrotech Developers Days Payable Related Terms

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Macrotech Developers (BOM:543287) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Macrotech Developers Ltd (BOM:543287) » Definitions » Days Payable

Traded in Other Exchanges

LODHA:India

Address

N M Joshi Marg, Lodha Excelus Building, L 2, Apollo Mills Compound, Mahalaxmi, Mumbai, MH, IND, 400 011

Website

https://www.lodhagroup.in

Macrotech Developers Ltd is the largest real estate developer in India. Its core business is residential real estate developments with a focus on affordable and mid-income housing. Geographically, it derives a majority of revenue from India.

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