Apar Industries (NSE:APARINDS) Days Payable : 117.45 (As of Mar. 2024)

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What is Apar Industries Days Payable?

Apar Industries's average Accounts Payable for the three months ended in Mar. 2024 was ₹48,131 Mil. Apar Industries's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹37,394 Mil. Hence, Apar Industries's Days Payable for the three months ended in Mar. 2024 was 117.45.

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

NSE:APARINDS' s Days Payable Range Over the Past 10 Years
Min: 130.24 Med: 163.41 Max: 220.07
Current: 188.68

During the past 13 years, Apar Industries's highest Days Payable was 220.07. The lowest was 130.24. And the median was 163.41.

NSE:APARINDS's Days Payable is ranked better than
84.98% of 2936 companies
in the Industrial Products industry
Industry Median: 76.395 vs NSE:APARINDS: 188.68

Apar Industries's Days Payable declined from Dec. 2022 (146.01) to Mar. 2024 (117.45). It may suggest that Apar Industries accelerated paying its suppliers.

Apar Industries Days Payable Historical Data

The historical data trend for Apar 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.

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Apar Industries Days Payable Chart

Apar Industries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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193.33

220.07

178.41

153.07

145.82

Apar Industries Quarterly Data
	Mar19	Jun19	Sep19	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															146.01	141.84	156.48	153.78	117.45

Competitive Comparison of Apar Industries's Days Payable

For the Electrical Equipment & Parts subindustry, Apar 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.

Apar Industries's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Apar Industries's Days Payable distribution charts can be found below:

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

Apar 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.

Apar Industries'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
=	( (52065.7	+	48130.5)	/	2 )	/	125399.7	*	365
=	50098.1					/	125399.7	*	365
=	145.82

Apar Industries'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	+	48130.5)	/	1 )	/	37393.5	*	365 / 4
=	48130.5					/	37393.5	*	365 / 4
=	117.45

Apar Industries Days Payable Related Terms

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Apar Industries (NSE:APARINDS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Apar Industries Ltd (NSE:APARINDS) » Definitions » Days Payable

Traded in Other Exchanges

532259:India

Address

Sion - Trombay Road, Apar House, Building No. 4 and 5, Corporate Park, Chembur, Mumbai, MH, IND, 400 071

Website

https://www.apar.com

Apar Industries Ltd is engaged in the business of manufacture and sale of conductors. The company's reportable segments include Conductor, Transformer and Specialities Oils and Power/Telecom Cables. It generates maximum revenue from the Conductor segment. Geographically, it derives a majority of revenue from India. Its product categories include oils and lubricants, aluminium and alloy conductors, railway overhead conductors, electrical and telecom cables, Eni automotive lubricants and polymers.

Apar Industries (NSE:APARINDS) Headlines

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