Sarthak Industries (BOM:531930) Days Payable : 111.96 (As of Dec. 2023)

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What is Sarthak Industries Days Payable?

Sarthak Industries's average Accounts Payable for the three months ended in Dec. 2023 was ₹82.0 Mil. Sarthak Industries's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹66.8 Mil. Hence, Sarthak Industries's Days Payable for the three months ended in Dec. 2023 was 111.96.

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

BOM:531930' s Days Payable Range Over the Past 10 Years
Min: 47.35 Med: 96.89 Max: 214.75
Current: 91.33

During the past 13 years, Sarthak Industries's highest Days Payable was 214.75. The lowest was 47.35. And the median was 96.89.

BOM:531930's Days Payable is ranked better than
71.88% of 473 companies
in the Conglomerates industry
Industry Median: 59.39 vs BOM:531930: 91.33

Sarthak Industries's Days Payable increased from Dec. 2022 (42.15) to Dec. 2023 (111.96). It may suggest that Sarthak Industries delayed paying its suppliers.

Sarthak Industries Days Payable Historical Data

The historical data trend for Sarthak 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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Sarthak Industries Days Payable Chart

Sarthak Industries Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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74.21

78.87

47.35

50.51

140.27

Sarthak Industries 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															42.15	80.22	203.01	96.49	111.96

Competitive Comparison of Sarthak Industries's Days Payable

For the Conglomerates subindustry, Sarthak 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.

Sarthak Industries's Days Payable Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Sarthak Industries's Days Payable distribution charts can be found below:

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

Sarthak 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.

Sarthak Industries'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
=	( (243.045	+	163.742)	/	2 )	/	529.242	*	365
=	203.3935					/	529.242	*	365
=	140.27

Sarthak Industries'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
=	( (81.961	+	0)	/	1 )	/	66.802	*	365 / 4
=	81.961					/	66.802	*	365 / 4
=	111.96

Sarthak Industries Days Payable Related Terms

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Sarthak Industries (BOM:531930) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Sarthak Industries Ltd (BOM:531930) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

214, Trade Centre, 18, South Tukoganj, Indore, MP, IND, 452001

Website

http://www.sarthakindustries.com

Sarthak Industries Ltd is engaged in the manufacturing of LPG Cylinders and trading activities. The LPG Cylinders are supplied to oil companies both public and private. The company is also engaged in trading agri-commodities and mining and mineral-based industry. It has two segments Cylinders and Merchant Trading. It generates the majority of its revenue from the Merchant Trading segment, including the Trading of various commodities, materials, etc. Geographically, it generates the majority of its revenue from India.

Sarthak Industries (BOM:531930) Headlines

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