Varun Beverages (NSE:VBL) Days Payable : 53.10 (As of Dec. 2023)

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What is Varun Beverages Days Payable?

Varun Beverages's average Accounts Payable for the three months ended in Dec. 2023 was ₹7,582 Mil. Varun Beverages's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹13,031 Mil. Hence, Varun Beverages's Days Payable for the three months ended in Dec. 2023 was 53.10.

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

NSE:VBL' s Days Payable Range Over the Past 10 Years
Min: 38.25 Med: 45.28 Max: 63.59
Current: 43.26

During the past 9 years, Varun Beverages's highest Days Payable was 63.59. The lowest was 38.25. And the median was 45.28.

NSE:VBL's Days Payable is ranked worse than
70.37% of 108 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 58.55 vs NSE:VBL: 43.26

Varun Beverages's Days Payable declined from Dec. 2022 (77.71) to Dec. 2023 (53.10). It may suggest that Varun Beverages accelerated paying its suppliers.

Varun Beverages Days Payable Historical Data

The historical data trend for Varun Beverages'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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Varun Beverages Days Payable Chart

Varun Beverages Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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43.93

63.59

54.09

43.82

38.25

Varun Beverages 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															77.71	40.62	37.72	58.15	53.10

Competitive Comparison of Varun Beverages's Days Payable

For the Beverages - Non-Alcoholic subindustry, Varun Beverages'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.

Varun Beverages's Days Payable Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Varun Beverages's Days Payable distribution charts can be found below:

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

Varun Beverages 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.

Varun Beverages's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (8242.61	+	7582.48)	/	2 )	/	75511.09	*	365
=	7912.545					/	75511.09	*	365
=	38.25

Varun Beverages'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
=	( (0	+	7582.48)	/	1 )	/	13031.16	*	365 / 4
=	7582.48					/	13031.16	*	365 / 4
=	53.10

Varun Beverages Days Payable Related Terms

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Varun Beverages (NSE:VBL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » Varun Beverages Ltd (NSE:VBL) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

540180:India

Address

Plot No. 31, Institutional Area, Sector - 44, RJ Corp House, Gurugram, HR, IND, 122 002

Website

https://www.varunpepsi.com

Varun Beverages Ltd is engaged in manufacturing, selling, bottling, and distribution of beverages of Pepsi brand in geographically pre-defined territories of India, Sri Lanka, Nepal, Zambia, Morocco, and Zimbabwe. Its brands include Seven-Up, Mountain Dew, Mirinda, Nimbooz, Tropicana Slice, and other related products. The firm generates a majority of its revenue within India.

Varun Beverages (NSE:VBL) Headlines

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