Shetron (BOM:526137) Days Payable : 80.73 (As of Mar. 2024)

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What is Shetron Days Payable?

Shetron's average Accounts Payable for the three months ended in Mar. 2024 was ₹310 Mil. Shetron's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹350 Mil. Hence, Shetron's Days Payable for the three months ended in Mar. 2024 was 80.73.

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

BOM:526137' s Days Payable Range Over the Past 10 Years
Min: 61.23 Med: 86.8 Max: 106.21
Current: 61.23

During the past 13 years, Shetron's highest Days Payable was 106.21. The lowest was 61.23. And the median was 86.80.

BOM:526137's Days Payable is ranked better than
52.04% of 367 companies
in the Packaging & Containers industry
Industry Median: 59.64 vs BOM:526137: 61.23

Shetron's Days Payable increased from Mar. 2023 (63.13) to Mar. 2024 (80.73). It may suggest that Shetron delayed paying its suppliers.

Shetron Days Payable Historical Data

The historical data trend for Shetron'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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Shetron Days Payable Chart

Shetron Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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87.94

75.40

68.47

64.85

61.72

Shetron 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															63.13	40.94	60.34	77.18	80.73

Competitive Comparison of Shetron's Days Payable

For the Packaging & Containers subindustry, Shetron'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.

Shetron's Days Payable Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Shetron's Days Payable distribution charts can be found below:

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

Shetron 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.

Shetron'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
=	( (269.9	+	310)	/	2 )	/	1714.6	*	365
=	289.95					/	1714.6	*	365
=	61.72

Shetron'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	+	310)	/	1 )	/	350.4	*	365 / 4
=	310					/	350.4	*	365 / 4
=	80.73

Shetron Days Payable Related Terms

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Shetron (BOM:526137) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Shetron Ltd (BOM:526137) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Road No. 5, Plot A6, M.I.D.C., Andheri (East), Mumbai, MH, IND, 400 093

Website

https://www.shetron.com

Shetron Ltd is a packaging solutions company. The company is involved in the manufacturing of coni pails, dry battery cell jackets, and components, metal containers, twist-off caps, and others. The company's product line consists of metal packaging, paper packaging, and engineering products. The company operates in one business segment, Metal Packaging.

Shetron (BOM:526137) Headlines

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