Sanghi Industries (BOM:526521) Days Payable : 132.96 (As of Mar. 2024)

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What is Sanghi Industries Days Payable?

Sanghi Industries's average Accounts Payable for the three months ended in Mar. 2024 was ₹440 Mil. Sanghi Industries's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹302 Mil. Hence, Sanghi Industries's Days Payable for the three months ended in Mar. 2024 was 132.96.

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

BOM:526521' s Days Payable Range Over the Past 10 Years
Min: 136.96 Med: 426.16 Max: 5213.97
Current: 383.67

During the past 13 years, Sanghi Industries's highest Days Payable was 5213.97. The lowest was 136.96. And the median was 426.16.

BOM:526521's Days Payable is ranked better than
94.32% of 370 companies
in the Building Materials industry
Industry Median: 67.065 vs BOM:526521: 383.67

Sanghi Industries's Days Payable declined from Mar. 2023 (5,180.99) to Mar. 2024 (132.96). It may suggest that Sanghi Industries accelerated paying its suppliers.

Sanghi Industries Days Payable Historical Data

The historical data trend for Sanghi Industries'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.

Sanghi Industries Days Payable Chart

Sanghi Industries Annual Data

Trend

Jun14

Jun15

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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512.66

390.19

580.54

5,213.97

427.72

Sanghi Industries 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															5,180.99	433.68	527.58	308.96	132.96

Competitive Comparison of Sanghi Industries's Days Payable

For the Building Materials subindustry, Sanghi Industries'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.

Sanghi Industries's Days Payable Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Sanghi Industries's Days Payable distribution charts can be found below:

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

Sanghi Industries 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.

Sanghi Industries'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
=	( (3401	+	439.6)	/	2 )	/	1638.7	*	365
=	1920.3					/	1638.7	*	365
=	427.72

Sanghi Industries'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	+	439.6)	/	1 )	/	301.7	*	365 / 4
=	439.6					/	301.7	*	365 / 4
=	132.96

Sanghi Industries Days Payable Related Terms

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Sanghi Industries (BOM:526521) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Sanghi Industries Ltd (BOM:526521) » Definitions » Days Payable

Traded in Other Exchanges

SANGHIIND:India

Address

Off. S.G. Highway, 10th Floor, Kataria Arcade, Post Makaraba, Ahmedabad, GJ, IND, 380 051

Website

https://www.sanghicement.com

Sanghi Industries Ltd is engaged in the manufacturing and marketing of cement and cement products. Its product portfolio includes Ordinary Portland Cement; Portland Pozzolana Cement and Portland Slag Cement. Geographically, it derives a majority of its revenue from India and is also engaged in the export of its products.

Sanghi Industries (BOM:526521) Headlines

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