Suryalakshmi Cotton Mills (BOM:521200) Days Payable : 101.73 (As of Mar. 2024)

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What is Suryalakshmi Cotton Mills Days Payable?

Suryalakshmi Cotton Mills's average Accounts Payable for the three months ended in Mar. 2024 was ₹1,765 Mil. Suryalakshmi Cotton Mills's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹1,583 Mil. Hence, Suryalakshmi Cotton Mills's Days Payable for the three months ended in Mar. 2024 was 101.73.

The historical rank and industry rank for Suryalakshmi Cotton Mills's Days Payable or its related term are showing as below:

BOM:521200' s Days Payable Range Over the Past 10 Years
Min: 44.84 Med: 65.77 Max: 116.27
Current: 106.13

During the past 13 years, Suryalakshmi Cotton Mills's highest Days Payable was 116.27. The lowest was 44.84. And the median was 65.77.

BOM:521200's Days Payable is ranked better than
79.13% of 1016 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 57.25 vs BOM:521200: 106.13

Suryalakshmi Cotton Mills's Days Payable increased from Mar. 2023 (90.08) to Mar. 2024 (101.73). It may suggest that Suryalakshmi Cotton Mills delayed paying its suppliers.

Suryalakshmi Cotton Mills Days Payable Historical Data

The historical data trend for Suryalakshmi Cotton Mills'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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Suryalakshmi Cotton Mills Days Payable Chart

Suryalakshmi Cotton Mills Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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83.04

94.99

66.19

85.59

116.27

Suryalakshmi Cotton Mills 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															90.08	117.22	92.59	93.73	101.73

Competitive Comparison of Suryalakshmi Cotton Mills's Days Payable

For the Textile Manufacturing subindustry, Suryalakshmi Cotton Mills'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.

Suryalakshmi Cotton Mills's Days Payable Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Suryalakshmi Cotton Mills's Days Payable falls into.

Suryalakshmi Cotton Mills 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.

Suryalakshmi Cotton Mills'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
=	( (1313.485	+	1764.612)	/	2 )	/	4831.291	*	365
=	1539.0485					/	4831.291	*	365
=	116.27

Suryalakshmi Cotton Mills'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	+	1764.612)	/	1 )	/	1582.901	*	365 / 4
=	1764.612					/	1582.901	*	365 / 4
=	101.73

Suryalakshmi Cotton Mills Days Payable Related Terms

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Suryalakshmi Cotton Mills (BOM:521200) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Suryalakshmi Cotton Mills Ltd (BOM:521200) » Definitions » Days Payable

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SURYALAXMI:India

Address

105, Sardar Patel Road, 6th Floor, Surya Towers, Secunderabad, TG, IND, 500003

Website

http://www.suryalakshmi.com

Suryalakshmi Cotton Mills Ltd is an original denim manufacturer which has an integrated business model. The company operates in various business segments that include Spinning and Denim out of which the Spinning segment generates maximum revenue for the company.

Suryalakshmi Cotton Mills (BOM:521200) Headlines

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