Bang Overseas (BOM:532946) Days Payable : 119.55 (As of Dec. 2023)

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What is Bang Overseas Days Payable?

Bang Overseas's average Accounts Payable for the three months ended in Dec. 2023 was ₹384 Mil. Bang Overseas's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹293 Mil. Hence, Bang Overseas's Days Payable for the three months ended in Dec. 2023 was 119.55.

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

BOM:532946' s Days Payable Range Over the Past 10 Years
Min: 30.16 Med: 90.25 Max: 194.44
Current: 107.84

During the past 13 years, Bang Overseas's highest Days Payable was 194.44. The lowest was 30.16. And the median was 90.25.

BOM:532946's Days Payable is ranked better than
80.22% of 1021 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 56.86 vs BOM:532946: 107.84

Bang Overseas's Days Payable increased from Dec. 2022 (79.80) to Dec. 2023 (119.55). It may suggest that Bang Overseas delayed paying its suppliers.

Bang Overseas Days Payable Historical Data

The historical data trend for Bang Overseas'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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Bang Overseas Days Payable Chart

Bang Overseas Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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106.60

136.80

194.44

115.20

98.56

Bang Overseas 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															79.80	111.50	124.87	139.45	119.55

Competitive Comparison of Bang Overseas's Days Payable

For the Apparel Manufacturing subindustry, Bang Overseas'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.

Bang Overseas's Days Payable Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Bang Overseas's Days Payable falls into.

Bang Overseas 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.

Bang Overseas'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
=	( (181.674	+	315.796)	/	2 )	/	921.181	*	365
=	248.735					/	921.181	*	365
=	98.56

Bang Overseas'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
=	( (383.904	+	0)	/	1 )	/	293.021	*	365 / 4
=	383.904					/	293.021	*	365 / 4
=	119.55

Bang Overseas Days Payable Related Terms

Thank you for viewing the detailed overview of Bang Overseas's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Bang Overseas (BOM:532946) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Bang Overseas Ltd (BOM:532946) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

BANG:India

Address

Senapati Bapat Marg, 405-406, Kewal Industrial Estate, Lower Parel (West), Mumbai, MH, IND, 400 013

Website

https://www.banggroup.com

Bang Overseas Ltd is a holding company engaged in the apparel, textile, and retail market. Its only operating segment is the manufacturing and marketing of textile and textile products.

Bang Overseas (BOM:532946) Headlines

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