Rajdarshan Industries (BOM:526662) Days Payable : 9.94 (As of Mar. 2024)

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What is Rajdarshan Industries Days Payable?

Rajdarshan Industries's average Accounts Payable for the three months ended in Mar. 2024 was ₹0.31 Mil. Rajdarshan Industries's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹2.84 Mil. Hence, Rajdarshan Industries's Days Payable for the three months ended in Mar. 2024 was 9.94.

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

BOM:526662' s Days Payable Range Over the Past 10 Years
Min: 29.55 Med: 55.14 Max: 391.37
Current: 49.55

During the past 13 years, Rajdarshan Industries's highest Days Payable was 391.37. The lowest was 29.55. And the median was 55.14.

BOM:526662's Days Payable is ranked worse than
73.74% of 1070 companies
in the Metals & Mining industry
Industry Median: 139.86 vs BOM:526662: 49.55

Rajdarshan Industries's Days Payable declined from Mar. 2023 (90.88) to Mar. 2024 (9.94). It may suggest that Rajdarshan Industries accelerated paying its suppliers.

Rajdarshan Industries Days Payable Historical Data

The historical data trend for Rajdarshan 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.

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Rajdarshan Industries Days Payable Chart

Rajdarshan Industries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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385.43

391.37

41.76

55.45

54.83

Rajdarshan 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															90.88	83.47	7,068.83	22.13	9.94

Competitive Comparison of Rajdarshan Industries's Days Payable

For the Other Industrial Metals & Mining subindustry, Rajdarshan 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.

Rajdarshan Industries's Days Payable Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Rajdarshan Industries's Days Payable distribution charts can be found below:

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

Rajdarshan 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.

Rajdarshan 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
=	( (2.96	+	0.309)	/	2 )	/	10.88	*	365
=	1.6345					/	10.88	*	365
=	54.83

Rajdarshan 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	+	0.309)	/	1 )	/	2.838	*	365 / 4
=	0.309					/	2.838	*	365 / 4
=	9.94

Rajdarshan Industries Days Payable Related Terms

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Rajdarshan Industries (BOM:526662) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Rajdarshan Industries Ltd (BOM:526662) » Definitions » Days Payable

Comparable Companies

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ARENTERP:India

Address

59, Moti Magri Scheme, Udaipur, RJ, IND, 313001

Website

http://www.rajdarshanindustrieslimited.com

Rajdarshan Industries Ltd is an India-based company engaged in mining activities. It undertakes drilling operations and the business of mining, manufacturing and trading all types of minerals. The services offered by the company includes project management, marketing consultancy, limestone, cement plants, and marble and mine machines. It is involved in the field of raising limestone and removal of overburden including transportation thereof on a hire basis for cement plants.

Rajdarshan Industries (BOM:526662) Headlines

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