Nava (NSE:NAVA) Days Payable : 24.94 (As of Dec. 2023)

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What is Nava Days Payable?

Nava's average Accounts Payable for the three months ended in Dec. 2023 was ₹1,066 Mil. Nava's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹3,900 Mil. Hence, Nava's Days Payable for the three months ended in Dec. 2023 was 24.94.

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

NSE:NAVA' s Days Payable Range Over the Past 10 Years
Min: 23.3 Med: 42.31 Max: 212.79
Current: 25.27

During the past 13 years, Nava's highest Days Payable was 212.79. The lowest was 23.30. And the median was 42.31.

NSE:NAVA's Days Payable is ranked worse than
85.71% of 469 companies
in the Conglomerates industry
Industry Median: 58.29 vs NSE:NAVA: 25.27

Nava's Days Payable increased from Dec. 2022 (23.04) to Dec. 2023 (24.94). It may suggest that Nava delayed paying its suppliers.

Nava Days Payable Historical Data

The historical data trend for Nava'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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Nava Days Payable Chart

Nava Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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41.51

43.11

40.79

23.30

31.13

Nava 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															23.04	36.98	31.50	21.20	24.94

Competitive Comparison of Nava's Days Payable

For the Conglomerates subindustry, Nava'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.

Nava's Days Payable Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Nava's Days Payable distribution charts can be found below:

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

Nava 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.

Nava'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
=	( (859.047	+	1557.647)	/	2 )	/	14169.032	*	365
=	1208.347					/	14169.032	*	365
=	31.13

Nava'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
=	( (1066.041	+	0)	/	1 )	/	3900.058	*	365 / 4
=	1066.041					/	3900.058	*	365 / 4
=	24.94

Nava Days Payable Related Terms

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Nava (NSE:NAVA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Nava Ltd (NSE:NAVA) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

513023:India

Address

Silicon House, Road No. 14, House No.8-2-318/1, Plot No. 78, Banjara Hills, Hyderabad, TG, IND, 500 034

Website

https://www.nbventures.com

Nava Ltd is a multinational company, operating in India, South East Asia and Africa. It is a diversified group, with businesses in Energy, Ferro alloys, Operation and maintenance, mining, agribusiness and healthcare.

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