Kaira Can Co (BOM:504840) Days Payable : 40.02 (As of Dec. 2023)

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What is Kaira Can Co Days Payable?

Kaira Can Co's average Accounts Payable for the three months ended in Dec. 2023 was ₹182 Mil. Kaira Can Co's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹415 Mil. Hence, Kaira Can Co's Days Payable for the three months ended in Dec. 2023 was 40.02.

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

BOM:504840' s Days Payable Range Over the Past 10 Years
Min: 37.14 Med: 72.99 Max: 80.6
Current: 37.14

During the past 13 years, Kaira Can Co's highest Days Payable was 80.60. The lowest was 37.14. And the median was 72.99.

BOM:504840's Days Payable is ranked worse than
76.76% of 370 companies
in the Packaging & Containers industry
Industry Median: 58.225 vs BOM:504840: 37.14

Kaira Can Co's Days Payable declined from Dec. 2022 (41.27) to Dec. 2023 (40.02). It may suggest that Kaira Can Co accelerated paying its suppliers.

Kaira Can Co Days Payable Historical Data

The historical data trend for Kaira Can Co'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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Kaira Can Co Days Payable Chart

Kaira Can Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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80.60

79.64

65.68

39.55

38.17

Kaira Can Co 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															41.27	39.60	37.70	38.34	40.02

Competitive Comparison of Kaira Can Co's Days Payable

For the Packaging & Containers subindustry, Kaira Can Co'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.

Kaira Can Co's Days Payable Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Kaira Can Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Kaira Can Co's Days Payable falls into.

Kaira Can Co 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.

Kaira Can Co'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
=	( (213.979	+	217.285)	/	2 )	/	2061.824	*	365
=	215.632					/	2061.824	*	365
=	38.17

Kaira Can Co'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
=	( (181.823	+	0)	/	1 )	/	414.559	*	365 / 4
=	181.823					/	414.559	*	365 / 4
=	40.02

Kaira Can Co Days Payable Related Terms

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Kaira Can Co (BOM:504840) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Kaira Can Co Ltd (BOM:504840) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Dr. E. Moses Road, ION House, Mahalaxmi, Mumbai, MH, IND, 400 011

Website

https://www.kairacan.com

Kaira Can Co Ltd is a manufacturer of metal containers in India. The company's operating segments include Tin Containers and Ice Cream Cones. The Tin Containers segment manufactures Open Top Sanitary Cans, General Line Metal Containers, and Components for Metal Containers. The Ice Cream Cones segment manufactures Rolled Sugar Cones for filling Ice cream. It generates maximum revenue from the Tin Containers segment. Geographically, it derives a majority of its revenue from India. The company products are used in Dairy Products, Processed Foods, Sweets, Printed Sheets and others.

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