Shree Karthik Papers (BOM:516106) Days Payable : 108.78 (As of Dec. 2023)

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What is Shree Karthik Papers Days Payable?

Shree Karthik Papers's average Accounts Payable for the three months ended in Dec. 2023 was ₹105.3 Mil. Shree Karthik Papers's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹88.3 Mil. Hence, Shree Karthik Papers's Days Payable for the three months ended in Dec. 2023 was 108.78.

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

BOM:516106' s Days Payable Range Over the Past 10 Years
Min: 8.83 Med: 40.6 Max: 299.11
Current: 72.12

During the past 13 years, Shree Karthik Papers's highest Days Payable was 299.11. The lowest was 8.83. And the median was 40.60.

BOM:516106's Days Payable is ranked better than
62.14% of 280 companies
in the Forest Products industry
Industry Median: 57.37 vs BOM:516106: 72.12

Shree Karthik Papers's Days Payable increased from Dec. 2022 (37.49) to Dec. 2023 (108.78). It may suggest that Shree Karthik Papers delayed paying its suppliers.

Shree Karthik Papers Days Payable Historical Data

The historical data trend for Shree Karthik Papers'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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Shree Karthik Papers Days Payable Chart

Shree Karthik Papers Annual Data

Trend

Jun13

Jun14

Jun15

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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36.63

103.39

299.11

84.39

51.18

Shree Karthik Papers 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															37.49	67.62	76.75	106.65	108.78

Competitive Comparison of Shree Karthik Papers's Days Payable

For the Paper & Paper Products subindustry, Shree Karthik Papers'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.

Shree Karthik Papers's Days Payable Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Shree Karthik Papers's Days Payable distribution charts can be found below:

* The bar in red indicates where Shree Karthik Papers's Days Payable falls into.

Shree Karthik Papers 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.

Shree Karthik Papers'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
=	( (64.508	+	115.549)	/	2 )	/	641.993	*	365
=	90.0285					/	641.993	*	365
=	51.18

Shree Karthik Papers'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
=	( (105.255	+	0)	/	1 )	/	88.296	*	365 / 4
=	105.255					/	88.296	*	365 / 4
=	108.78

Shree Karthik Papers Days Payable Related Terms

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Shree Karthik Papers (BOM:516106) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Shree Karthik Papers Ltd (BOM:516106) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

No. 25, 50 Feet Road, Krishnasamy Nagar, Ramanathapuram, Coimbatore, TN, IND, 641045

Website

https://www.shreekarthikpapers.in

Shree Karthik Papers Ltd is is engaged in manufacturing and selling writing and printing paper and paperboard products. The company operates through the only segment being Manufacturing of paper products.

Shree Karthik Papers (BOM:516106) Headlines

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