Vippy Spinpro (BOM:514302) Days Payable : 5.27 (As of Mar. 2024)

View and export this data going back to 2001. Start your Free Trial

What is Vippy Spinpro Days Payable?

Vippy Spinpro's average Accounts Payable for the three months ended in Mar. 2024 was ₹29 Mil. Vippy Spinpro's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹497 Mil. Hence, Vippy Spinpro's Days Payable for the three months ended in Mar. 2024 was 5.27.

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

BOM:514302' s Days Payable Range Over the Past 10 Years
Min: 0.93 Med: 4.09 Max: 7.7
Current: 4.35

During the past 13 years, Vippy Spinpro's highest Days Payable was 7.70. The lowest was 0.93. And the median was 4.09.

BOM:514302's Days Payable is ranked worse than
98.03% of 1016 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 57.25 vs BOM:514302: 4.35

Vippy Spinpro's Days Payable increased from Mar. 2023 (2.87) to Mar. 2024 (5.27). It may suggest that Vippy Spinpro delayed paying its suppliers.

Vippy Spinpro Days Payable Historical Data

The historical data trend for Vippy Spinpro'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.

Vippy Spinpro Days Payable Chart

Vippy Spinpro Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

Get a 7-Day Free Trial

7.70

6.76

5.32

4.43

3.75

Vippy Spinpro 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															2.87	2.15	5.66	5.71	5.27

Competitive Comparison of Vippy Spinpro's Days Payable

For the Textile Manufacturing subindustry, Vippy Spinpro'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.

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

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

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

Vippy Spinpro 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.

Vippy Spinpro'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
=	( (12.542	+	28.732)	/	2 )	/	2006.863	*	365
=	20.637					/	2006.863	*	365
=	3.75

Vippy Spinpro'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	+	28.732)	/	1 )	/	497.137	*	365 / 4
=	28.732					/	497.137	*	365 / 4
=	5.27

Vippy Spinpro Days Payable Related Terms

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

Vippy Spinpro (BOM:514302) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Vippy Spinpro Ltd (BOM:514302) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

570, M.G. Road, 414, City Centre, Indore, MP, IND, 452001

Website

https://www.vippyspinpro.com

Vippy Spinpro Ltd is engaged in the manufacturing of cotton yarn. The company specializes in slub yarns, fancy yarns, multi-count yarns, and multi twist yarns, waxed yarn plied yarn, and others. Its products are used in applications such as terry towels, bottom-weight, home furnishing, Bed linen, knitting, surgical cloth, artistic canvas, industrial fabric, sheeting, and Home textiles. It is also engaged in the generation of power through Wind Mill and Solar Panels for captive consumption.

Vippy Spinpro (BOM:514302) Headlines

No Headlines