ADF Foods (BOM:519183) Days Payable : 32.86 (As of Mar. 2024)

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What is ADF Foods Days Payable?

ADF Foods's average Accounts Payable for the three months ended in Mar. 2024 was ₹239 Mil. ADF Foods's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹664 Mil. Hence, ADF Foods's Days Payable for the three months ended in Mar. 2024 was 32.86.

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

BOM:519183' s Days Payable Range Over the Past 10 Years
Min: 34.74 Med: 41.52 Max: 57.84
Current: 35.77

During the past 13 years, ADF Foods's highest Days Payable was 57.84. The lowest was 34.74. And the median was 41.52.

BOM:519183's Days Payable is ranked worse than
63.28% of 1789 companies
in the Consumer Packaged Goods industry
Industry Median: 46.09 vs BOM:519183: 35.77

ADF Foods's Days Payable declined from Mar. 2023 (35.38) to Mar. 2024 (32.86). It may suggest that ADF Foods accelerated paying its suppliers.

ADF Foods Days Payable Historical Data

The historical data trend for ADF 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.

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ADF Foods Days Payable Chart

ADF Foods Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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42.96

47.60

57.84

46.08

34.74

ADF Foods 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															35.38	38.59	37.53	36.76	32.86

Competitive Comparison of ADF Foods's Days Payable

For the Packaged Foods subindustry, ADF 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.

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

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

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

ADF 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.

ADF Foods'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
=	( (225.339	+	239.287)	/	2 )	/	2440.907	*	365
=	232.313					/	2440.907	*	365
=	34.74

ADF Foods'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	+	239.287)	/	1 )	/	664.401	*	365 / 4
=	239.287					/	664.401	*	365 / 4
=	32.86

ADF Foods Days Payable Related Terms

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ADF Foods (BOM:519183) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » ADF Foods Ltd (BOM:519183) » Definitions » Days Payable

Traded in Other Exchanges

ADFFOODS:India

Address

G. K. Road, Marathon Innova, B2 - G01, Ground Floor, Opp. Peninsula Corporate Park, Lower Parel, Mumbai, MH, IND, 400 013

Website

https://www.adf-foods.com

ADF Foods Ltd is an Indian-based company that operates in the business of processed and preserved foods. Its business activities include manufacturing and trading of processed food products including pickles, pastes, chutneys, ready-to-eat items, paste and sauces, frozen foods, spices, and canned vegetables in brine. The company's operating segment is processed food. The company's products are offered under the brand names Ashoka, Camel, Truly Indian, Aeroplane, Nate's, PJ's Organics, ADF Soul, and Khansaama.

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