Atharv Enterprises (BOM:530187) Days Payable : 4,105.88 (As of Dec. 2023)

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What is Atharv Enterprises Days Payable?

Atharv Enterprises's average Accounts Payable for the three months ended in Dec. 2023 was ₹99.04 Mil. Atharv Enterprises's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹2.20 Mil. Hence, Atharv Enterprises's Days Payable for the three months ended in Dec. 2023 was 4,105.88.

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

BOM:530187' s Days Payable Range Over the Past 10 Years
Min: 85.34 Med: 480.41 Max: 4562.38
Current: 402.55

During the past 13 years, Atharv Enterprises's highest Days Payable was 4562.38. The lowest was 85.34. And the median was 480.41.

BOM:530187's Days Payable is ranked better than
96.77% of 1023 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 56.44 vs BOM:530187: 402.55

Atharv Enterprises's Days Payable increased from Dec. 2022 (0.00) to Dec. 2023 (4,105.88). It may suggest that Atharv Enterprises delayed paying its suppliers.

Atharv Enterprises Days Payable Historical Data

The historical data trend for Atharv Enterprises'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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Atharv Enterprises Days Payable Chart

Atharv Enterprises Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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4,562.38

Atharv Enterprises Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															-	1,140.74	191.41	275.59	4,105.88

Competitive Comparison of Atharv Enterprises's Days Payable

For the Textile Manufacturing subindustry, Atharv Enterprises'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.

Atharv Enterprises's Days Payable Distribution in the Manufacturing - Apparel & Accessories Industry

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

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

Atharv Enterprises 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.

Atharv Enterprises's Days Payable for the fiscal year that ended in Mar. 2023 is calculated as

	Days Payable (A: Mar. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2022 )	+	Accounts Payable (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (0	+	95.835)	/	1 )	/	7.667	*	365
=	95.835					/	7.667	*	365
=	4,562.38

Atharv Enterprises's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (99.036	+	0)	/	1 )	/	2.201	*	365 / 4
=	99.036					/	2.201	*	365 / 4
=	4,105.88

Atharv Enterprises Days Payable Related Terms

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Atharv Enterprises (BOM:530187) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Atharv Enterprises Ltd (BOM:530187) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

Central Road, Yogi Kripa C.H.S.L, D/27, Shop No.1, Yogi Nagar, Borivali, Mumbai Sub-Urban District,, Near Corporation Bank, Mumbai, MH, IND, 400091

Website

https://www.atharventerprises.biz/home

Atharv Enterprises Ltd is an India-based company textile manufacturing company. The company manufactures textile fabrics and synthetic fabrics. The company operates in the fabrics business.

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