Arvind (BOM:500101) Days Payable : 127.27 (As of Mar. 2024)

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What is Arvind Days Payable?

Arvind's average Accounts Payable for the three months ended in Mar. 2024 was ₹13,753 Mil. Arvind's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹9,860 Mil. Hence, Arvind's Days Payable for the three months ended in Mar. 2024 was 127.27.

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

BOM:500101' s Days Payable Range Over the Past 10 Years
Min: 100.53 Med: 134.09 Max: 178.33
Current: 129.01

During the past 13 years, Arvind's highest Days Payable was 178.33. The lowest was 100.53. And the median was 134.09.

BOM:500101's Days Payable is ranked better than
85.31% of 1021 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 57.25 vs BOM:500101: 129.01

Arvind's Days Payable increased from Mar. 2023 (119.51) to Mar. 2024 (127.27). It may suggest that Arvind delayed paying its suppliers.

Arvind Days Payable Historical Data

The historical data trend for Arvind'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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Arvind Days Payable Chart

Arvind Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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112.25

169.32

138.55

139.62

129.62

Arvind Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															119.51	125.59	128.77	133.42	127.27

Competitive Comparison of Arvind's Days Payable

For the Textile Manufacturing subindustry, Arvind'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.

Arvind's Days Payable Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Arvind's Days Payable distribution charts can be found below:

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

Arvind 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.

Arvind'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
=	( (12375.5	+	13752.9)	/	2 )	/	36787.5	*	365
=	13064.2					/	36787.5	*	365
=	129.62

Arvind'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	+	13752.9)	/	1 )	/	9860.3	*	365 / 4
=	13752.9					/	9860.3	*	365 / 4
=	127.27

Arvind Days Payable Related Terms

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Arvind (BOM:500101) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Arvind Ltd (BOM:500101) » Definitions » Days Payable

Traded in Other Exchanges

ARVIND:India

Address

Naroda Road, Ahmedabad, GJ, IND, 380025

Website

https://www.arvind.com

Arvind Ltd is a textile company. It is engaged in manufacturing Denim, Cotton shirting, knits and bottom weights (Khakis) fabrics, and Jeans and Shirts Garments. The business segments of the group are Textile, Advanced Material, and Others. The contributor to revenue is the Textiles business which offers fabrics, garments, and fabric retail. The advanced Material segment offers human protection fabric and garments, industrial products, advance composites, and automotive fabrics. The group sells its products in India and the Rest of the world.

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