Dredging of India (NSE:DREDGECORP) Days Payable : 334.39 (As of Dec. 2023)

View and export this data going back to 2004. Start your Free Trial

What is Dredging of India Days Payable?

Dredging of India's average Accounts Payable for the three months ended in Dec. 2023 was ₹2,761 Mil. Dredging of India's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹754 Mil. Hence, Dredging of India's Days Payable for the three months ended in Dec. 2023 was 334.39.

The historical rank and industry rank for Dredging of India's Days Payable or its related term are showing as below:

NSE:DREDGECORP' s Days Payable Range Over the Past 10 Years
Min: 49.73 Med: 590.83 Max: 8116.03
Current: 1176.4

During the past 13 years, Dredging of India's highest Days Payable was 8116.03. The lowest was 49.73. And the median was 590.83.

NSE:DREDGECORP's Days Payable is ranked better than
97.69% of 1605 companies
in the Construction industry
Industry Median: 73.78 vs NSE:DREDGECORP: 1176.40

Dredging of India's Days Payable increased from Dec. 2022 (219.28) to Dec. 2023 (334.39). It may suggest that Dredging of India delayed paying its suppliers.

Dredging of India Days Payable Historical Data

The historical data trend for Dredging of India'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.

Dredging of India Days Payable Chart

Dredging of India Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

Get a 7-Day Free Trial

6,102.14

7,304.81

359.99

590.83

Dredging of India 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															219.28	-	1,514.61	3,410.19	334.39

Competitive Comparison of Dredging of India's Days Payable

For the Engineering & Construction subindustry, Dredging of India'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.

Dredging of India's Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, Dredging of India's Days Payable distribution charts can be found below:

* The bar in red indicates where Dredging of India's Days Payable falls into.

Dredging of India 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.

Dredging of India'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
=	( (3751.584	+	4126.138)	/	2 )	/	0	*	365
=	3938.861					/	0	*	365
=	N/A

Dredging of India'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
=	( (2761.267	+	0)	/	1 )	/	753.512	*	365 / 4
=	2761.267					/	753.512	*	365 / 4
=	334.39

Dredging of India Days Payable Related Terms

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

Dredging of India (NSE:DREDGECORP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Dredging Corp of India Ltd (NSE:DREDGECORP) » Definitions » Days Payable

Traded in Other Exchanges

523618:India

Address

HB Colony Main Road, Dredge House, Seethammadhara, Visakhapatnam, AP, IND, 530022

Website

https://www.dredge-india.com

Dredging Corp of India Ltd is an Indian-based company engaged in providing the services of Capital Dredging, Maintenance Dredging, Beach Nourishment, Land Reclamation, Shallow water Dredging, Project Management Consultancy, and Marine Construction. It provides dredging services to ports, the Indian Navy, fishing harbors, and other maritime organizations. It operates in a single segment of dredging services and generates its income from such services.

Dredging of India (NSE:DREDGECORP) Headlines

No Headlines