Ruchira Papers (BOM:532785) Days Payable : 9.88 (As of Mar. 2024)

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What is Ruchira Papers Days Payable?

Ruchira Papers's average Accounts Payable for the three months ended in Mar. 2024 was ₹134 Mil. Ruchira Papers's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹1,235 Mil. Hence, Ruchira Papers's Days Payable for the three months ended in Mar. 2024 was 9.88.

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

BOM:532785' s Days Payable Range Over the Past 10 Years
Min: 10.7 Med: 18.7 Max: 27.93
Current: 14.6

During the past 13 years, Ruchira Papers's highest Days Payable was 27.93. The lowest was 10.70. And the median was 18.70.

BOM:532785's Days Payable is ranked worse than
93.91% of 279 companies
in the Forest Products industry
Industry Median: 57.9 vs BOM:532785: 14.60

Ruchira Papers's Days Payable declined from Dec. 2022 (15.52) to Mar. 2024 (9.88). It may suggest that Ruchira Papers accelerated paying its suppliers.

Ruchira Papers Days Payable Historical Data

The historical data trend for Ruchira Papers'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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Ruchira Papers Days Payable Chart

Ruchira Papers Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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17.43

18.45

17.07

11.94

10.70

Ruchira Papers Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															15.52	11.12	12.49	-	9.88

Competitive Comparison of Ruchira Papers's Days Payable

For the Paper & Paper Products subindustry, Ruchira Papers'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.

Ruchira Papers's Days Payable Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Ruchira Papers's Days Payable distribution charts can be found below:

* The bar in red indicates where Ruchira Papers's Days Payable falls into.

Ruchira Papers 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.

Ruchira Papers'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
=	( (163.435	+	133.725)	/	2 )	/	5069.627	*	365
=	148.58					/	5069.627	*	365
=	10.70

Ruchira Papers'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	+	133.725)	/	1 )	/	1234.835	*	365 / 4
=	133.725					/	1234.835	*	365 / 4
=	9.88

Ruchira Papers Days Payable Related Terms

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Ruchira Papers (BOM:532785) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Ruchira Papers Ltd (BOM:532785) » Definitions » Days Payable

Traded in Other Exchanges

RUCHIRA:India

Address

21-22, New Professors Colony, Yamuna Nagar, HR, IND, 135001

Website

https://www.ruchirapapers.com

Ruchira Papers Ltd is engaged in the paper manufacturing business. The company is engaged in the manufacturing of kraft paper, writing, and printing paper. Its white writing and printing paper are used in the fabrication of notebooks and writing material while kraft paper finds its application in the packaging industry especially for making boxes/cartons and for other packaging requirements. The coloured paper is used in the fabrication of spiral notebooks, wedding cards, shade cards, children's colouring books, coloured copier paper and bill books. Geographically, it derives a majority of its revenue from India. The company operates in only one main segment, which is the manufacturing of paper.

Ruchira Papers (BOM:532785) Headlines

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