Rajoo Engineers (BOM:522257) Days Payable : 107.76 (As of Mar. 2024)

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What is Rajoo Engineers Days Payable?

Rajoo Engineers's average Accounts Payable for the three months ended in Mar. 2024 was ₹295 Mil. Rajoo Engineers's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹250 Mil. Hence, Rajoo Engineers's Days Payable for the three months ended in Mar. 2024 was 107.76.

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

BOM:522257' s Days Payable Range Over the Past 10 Years
Min: 64.72 Med: 86.24 Max: 155.29
Current: 86.8

During the past 13 years, Rajoo Engineers's highest Days Payable was 155.29. The lowest was 64.72. And the median was 86.24.

BOM:522257's Days Payable is ranked better than
56.34% of 2932 companies
in the Industrial Products industry
Industry Median: 76.415 vs BOM:522257: 86.80

Rajoo Engineers's Days Payable increased from Mar. 2023 (38.72) to Mar. 2024 (107.76). It may suggest that Rajoo Engineers delayed paying its suppliers.

Rajoo Engineers Days Payable Historical Data

The historical data trend for Rajoo Engineers'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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Rajoo Engineers Days Payable Chart

Rajoo Engineers Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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155.29

92.80

65.74

79.68

78.14

Rajoo Engineers 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															38.72	96.71	90.91	77.93	107.76

Competitive Comparison of Rajoo Engineers's Days Payable

For the Specialty Industrial Machinery subindustry, Rajoo Engineers'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.

Rajoo Engineers's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Rajoo Engineers's Days Payable distribution charts can be found below:

* The bar in red indicates where Rajoo Engineers's Days Payable falls into.

Rajoo Engineers 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.

Rajoo Engineers'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
=	( (207.389	+	295.405)	/	2 )	/	1174.255	*	365
=	251.397					/	1174.255	*	365
=	78.14

Rajoo Engineers'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	+	295.405)	/	1 )	/	250.155	*	365 / 4
=	295.405					/	250.155	*	365 / 4
=	107.76

Rajoo Engineers Days Payable Related Terms

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Rajoo Engineers (BOM:522257) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Rajoo Engineers Ltd (BOM:522257) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Rajoo Avenue, Survey Number 210, Plot Number 1, Industrial Area, Veraval (Shapar), Rajkot, GJ, IND, 360 024

Website

https://www.rajoo.com

Rajoo Engineers Ltd manufactures and sells plastic processing machinery and post extrusion equipment. The company's products and solutions include Monolayer Blown Film Lines, Downward Extrusion Blown Film Lines, Multilayer Blown Film Lines, 5 Layer Polyolefin Dedicated, PS/PP/ABS Sheet Lines, PS/PE Foam Extrusion Lines, Thermoforming, PS Foam Vacuum Forming Machines, Twin Screw, Pipe Plant, Drip Irrigation Pipe Plant for Round, Flat Dripper, Lab Equipment and others. Company products apply to flexible packaging, agriculture, infrastructure, automobiles, food and beverages, pharmaceuticals, stationery, printing, etc. It serves the domestic and international markets and derives substantial revenue from the sale of services overseas.

Rajoo Engineers (BOM:522257) Headlines

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