Garnet International (BOM:512493) Days Payable : 71.20 (As of Dec. 2023)

View and export this data going back to 2000. Start your Free Trial

What is Garnet International Days Payable?

Garnet International's average Accounts Payable for the three months ended in Dec. 2023 was ₹49.8 Mil. Garnet International's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹63.9 Mil. Hence, Garnet International's Days Payable for the three months ended in Dec. 2023 was 71.20.

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

BOM:512493' s Days Payable Range Over the Past 10 Years
Min: 4.12 Med: 53.06 Max: 198.91
Current: 64.73

During the past 13 years, Garnet International's highest Days Payable was 198.91. The lowest was 4.12. And the median was 53.06.

BOM:512493's Days Payable is ranked worse than
58.71% of 528 companies
in the Capital Markets industry
Industry Median: 104.045 vs BOM:512493: 64.73

Garnet International's Days Payable declined from Dec. 2022 (81.82) to Dec. 2023 (71.20). It may suggest that Garnet International accelerated paying its suppliers.

Garnet International Days Payable Historical Data

The historical data trend for Garnet International'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.

Garnet International Days Payable Chart

Garnet International Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

Get a 7-Day Free Trial

19.19

198.91

186.13

73.78

45.82

Garnet International 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															81.82	28.58	122.21	54.75	71.20

Competitive Comparison of Garnet International's Days Payable

For the Capital Markets subindustry, Garnet International'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.

Garnet International's Days Payable Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Garnet International's Days Payable distribution charts can be found below:

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

Garnet International 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.

Garnet International'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
=	( (74.071	+	54.897)	/	2 )	/	513.702	*	365
=	64.484					/	513.702	*	365
=	45.82

Garnet International'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
=	( (49.844	+	0)	/	1 )	/	63.876	*	365 / 4
=	49.844					/	63.876	*	365 / 4
=	71.20

Garnet International Days Payable Related Terms

Thank you for viewing the detailed overview of Garnet International's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Garnet International (BOM:512493) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Garnet International Ltd (BOM:512493) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Free Press Journal Marg, 901, Raheja Chambers, Nariman Point, Mumbai, MH, IND, 400021

Website

https://www.garnetint.com

Garnet International Ltd is an Indian based company that operates in the Shares and Securities and Textile segment. The Shares and Securities segment, which is the key revenue driver, comprises of income from share trading, intra-day transaction, investments, and dividend. The Textile segment comprises of sales of garments and dyeing done on a job work basis. The company generates all its revenue from India.

Garnet International (BOM:512493) Headlines

No Headlines