Hatsun Agro Product (BOM:531531) Days Payable : 12.11 (As of Mar. 2024)

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What is Hatsun Agro Product Days Payable?

Hatsun Agro Product's average Accounts Payable for the three months ended in Mar. 2024 was ₹1,883 Mil. Hatsun Agro Product's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹14,193 Mil. Hence, Hatsun Agro Product's Days Payable for the three months ended in Mar. 2024 was 12.11.

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

BOM:531531' s Days Payable Range Over the Past 10 Years
Min: 11.66 Med: 15.98 Max: 20.14
Current: 12.33

During the past 13 years, Hatsun Agro Product's highest Days Payable was 20.14. The lowest was 11.66. And the median was 15.98.

BOM:531531's Days Payable is ranked worse than
93.73% of 1787 companies
in the Consumer Packaged Goods industry
Industry Median: 45.66 vs BOM:531531: 12.33

Hatsun Agro Product's Days Payable declined from Mar. 2023 (12.85) to Mar. 2024 (12.11). It may suggest that Hatsun Agro Product accelerated paying its suppliers.

Hatsun Agro Product Days Payable Historical Data

The historical data trend for Hatsun Agro Product'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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Hatsun Agro Product Days Payable Chart

Hatsun Agro Product Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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15.45

13.52

11.81

11.66

12.11

Hatsun Agro Product 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															12.85	10.85	13.46	13.66	12.11

Competitive Comparison of Hatsun Agro Product's Days Payable

For the Packaged Foods subindustry, Hatsun Agro Product'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.

Hatsun Agro Product's Days Payable Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Hatsun Agro Product's Days Payable distribution charts can be found below:

* The bar in red indicates where Hatsun Agro Product's Days Payable falls into.

Hatsun Agro Product 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.

Hatsun Agro Product'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
=	( (1844.986	+	1883.32)	/	2 )	/	56190.199	*	365
=	1864.153					/	56190.199	*	365
=	12.11

Hatsun Agro Product'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	+	1883.32)	/	1 )	/	14193.413	*	365 / 4
=	1883.32					/	14193.413	*	365 / 4
=	12.11

Hatsun Agro Product Days Payable Related Terms

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Hatsun Agro Product (BOM:531531) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Hatsun Agro Product Ltd (BOM:531531) » Definitions » Days Payable

Traded in Other Exchanges

HATSUN:India

Address

Plot No. 14, TNHB, Tamil Nadu Housing Board 'A' Road, Sholinganallur, Chennai, TN, IND, 600 119

Website

https://www.hap.in

Hatsun Agro Product Ltd provides a range of dairy products for the areas of cooking and consumption. Its products include milk, curd, ice creams, dairy whitener, skimmed milk powder, ghee, paneer, cattle feed, and others. The firm markets its products under Arokya, Hatsun, Arun, and Ibaco brand names. The company operates in single-segment Milk and Milk products. The company derives the majority of its revenue from the Milk and Milk products segment. Geographically, it generates maximum revenue from India.

Hatsun Agro Product (BOM:531531) Headlines

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