Hindustan Foods (BOM:519126) Days Payable : 54.34 (As of Dec. 2023)

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What is Hindustan Foods Days Payable?

Hindustan Foods's average Accounts Payable for the three months ended in Dec. 2023 was ₹3,820 Mil. Hindustan Foods's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹6,415 Mil. Hence, Hindustan Foods's Days Payable for the three months ended in Dec. 2023 was 54.34.

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

BOM:519126' s Days Payable Range Over the Past 10 Years
Min: 47.27 Med: 71.65 Max: 113.86
Current: 53.73

During the past 13 years, Hindustan Foods's highest Days Payable was 113.86. The lowest was 47.27. And the median was 71.65.

BOM:519126's Days Payable is ranked better than
58.95% of 1788 companies
in the Consumer Packaged Goods industry
Industry Median: 45.77 vs BOM:519126: 53.73

Hindustan Foods's Days Payable increased from Dec. 2022 (49.19) to Dec. 2023 (54.34). It may suggest that Hindustan Foods delayed paying its suppliers.

Hindustan Foods Days Payable Historical Data

The historical data trend for Hindustan Foods'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.

Hindustan Foods Days Payable Chart

Hindustan Foods Annual Data

Trend

Sep13

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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50.78

58.39

51.37

47.70

47.27

Hindustan Foods 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															49.19	51.86	56.17	58.57	54.34

Competitive Comparison of Hindustan Foods's Days Payable

For the Packaged Foods subindustry, Hindustan Foods'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.

Hindustan Foods's Days Payable Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Hindustan Foods's Days Payable distribution charts can be found below:

* The bar in red indicates where Hindustan Foods's Days Payable falls into.

Hindustan Foods 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.

Hindustan Foods'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
=	( (2711.498	+	3353.128)	/	2 )	/	23413.731	*	365
=	3032.313					/	23413.731	*	365
=	47.27

Hindustan Foods'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
=	( (3820.279	+	0)	/	1 )	/	6415.411	*	365 / 4
=	3820.279					/	6415.411	*	365 / 4
=	54.34

Hindustan Foods Days Payable Related Terms

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Hindustan Foods (BOM:519126) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Hindustan Foods Ltd (BOM:519126) » Definitions » Days Payable

Traded in Other Exchanges

HNDFDS:India

Address

15, Lal Bahadur Shastri Road, Office No. 03, Level 2, Centrium, Phoenix Market City, Kurla (West), Mumbai, MH, IND, 400 070

Website

https://www.hindustanfoodslimited.com

Hindustan Foods Ltd is an India-based company that is engaged in manufacturing nutritional food products such as cereal-based food products and a range of instant mixes, baby foods, instant porridges, breakfast cereals and health drinks. The company focuses on delivering several variants of porridge such as natural, chocolate, lite, diabetes care and ragi rich under the brand name of Bonny Mix. Its operating segment includes Contract manufacturing and other business for manufacturing and sale under its own Brand name. The company generates maximum revenue from the Contract manufacturing segment. Geographically the company generates the majority of its revenue from India.

Hindustan Foods (BOM:519126) Headlines

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