SPL Industries (BOM:532651) Days Payable : 17.71 (As of Dec. 2023)

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What is SPL Industries Days Payable?

SPL Industries's average Accounts Payable for the three months ended in Dec. 2023 was ₹50 Mil. SPL Industries's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹258 Mil. Hence, SPL Industries's Days Payable for the three months ended in Dec. 2023 was 17.71.

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

BOM:532651' s Days Payable Range Over the Past 10 Years
Min: 22.88 Med: 51.66 Max: 81.12
Current: 24.88

During the past 13 years, SPL Industries's highest Days Payable was 81.12. The lowest was 22.88. And the median was 51.66.

BOM:532651's Days Payable is ranked worse than
80.43% of 1022 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 56.335 vs BOM:532651: 24.88

SPL Industries's Days Payable declined from Dec. 2022 (39.14) to Dec. 2023 (17.71). It may suggest that SPL Industries accelerated paying its suppliers.

SPL Industries Days Payable Historical Data

The historical data trend for SPL 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.

SPL Industries Days Payable Chart

SPL Industries Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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69.61

36.92

22.88

45.50

33.08

SPL 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															39.14	10.64	10.17	12.68	17.71

Competitive Comparison of SPL Industries's Days Payable

For the Apparel Manufacturing subindustry, SPL 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.

SPL Industries's Days Payable Distribution in the Manufacturing - Apparel & Accessories Industry

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

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

SPL 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.

SPL 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
=	( (379.229	+	54.472)	/	2 )	/	2392.891	*	365
=	216.8505					/	2392.891	*	365
=	33.08

SPL 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
=	( (50.04	+	0)	/	1 )	/	257.854	*	365 / 4
=	50.04					/	257.854	*	365 / 4
=	17.71

SPL Industries Days Payable Related Terms

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SPL Industries (BOM:532651) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » SPL Industries Ltd (BOM:532651) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

SPLIL:India

Address

Plot Number 21, Sector-6, Faridabad, HR, IND, 121006

Website

https://www.spllimited.com

SPL Industries Ltd is a garment manufacturing company. The company's operating segment includes Manufacturing and Trading. It generates maximum revenue from the Trading segment. Geographically business activity is carried out through India.

SPL Industries (BOM:532651) Headlines

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