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Jaipan Industries (BOM:505840) Days Payable : 64.68 (As of Dec. 2023)


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What is Jaipan Industries Days Payable?

Jaipan Industries's average Accounts Payable for the three months ended in Dec. 2023 was ₹39.0 Mil. Jaipan Industries's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹55.0 Mil. Hence, Jaipan Industries's Days Payable for the three months ended in Dec. 2023 was 64.68.

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

BOM:505840' s Days Payable Range Over the Past 10 Years
Min: 25.81   Med: 49.63   Max: 110.94
Current: 110.94

During the past 12 years, Jaipan Industries's highest Days Payable was 110.94. The lowest was 25.81. And the median was 49.63.

BOM:505840's Days Payable is ranked better than
74.19% of 403 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 69.13 vs BOM:505840: 110.94

Jaipan Industries's Days Payable declined from Dec. 2022 (158.32) to Dec. 2023 (64.68). It may suggest that Jaipan Industries accelerated paying its suppliers.


Jaipan Industries Days Payable Historical Data

The historical data trend for Jaipan Industries'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.

Jaipan Industries Days Payable Chart

Jaipan Industries Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 38.09 25.81 50.94 48.56 55.34

Jaipan Industries 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 158.32 92.53 130.57 108.61 64.68

Competitive Comparison of Jaipan Industries's Days Payable

For the Furnishings, Fixtures & Appliances subindustry, Jaipan Industries'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.


Jaipan Industries's Days Payable Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Jaipan Industries's Days Payable distribution charts can be found below:

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



Jaipan Industries 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.

Jaipan Industries'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
=( (32.617 + 71.2) / 2 ) / 342.354*365
=51.9085 / 342.354*365
=55.34

Jaipan Industries'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
=( (39.017 + 0) / 1 ) / 55.046*365 / 4
=39.017 / 55.046*365 / 4
=64.68

* 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.


Jaipan Industries Days Payable Related Terms

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Jaipan Industries (BOM:505840) Business Description

Traded in Other Exchanges
N/A
Address
Walbhat Road, 17/1, Jai Villa Compound, Cama Industrial Estate, Goregoan (East), Mumbai, MH, IND, 400063
Jaipan Industries Ltd operates in the consumer durables industry. The company is engaged in the manufacturing and trading of home appliances. Apart from the domestic market, Jaipan products are also available in a number of countries like Sri Lanka, Mauritius, Bangladesh, and Nepal.

Jaipan Industries (BOM:505840) Headlines

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