Shekhawati Poly-Yarn (BOM:533301) Days Payable : 299.02 (As of Mar. 2024)

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What is Shekhawati Poly-Yarn Days Payable?

Shekhawati Poly-Yarn's average Accounts Payable for the three months ended in Mar. 2024 was ₹152.4 Mil. Shekhawati Poly-Yarn's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹46.5 Mil. Hence, Shekhawati Poly-Yarn's Days Payable for the three months ended in Mar. 2024 was 299.02.

The historical rank and industry rank for Shekhawati Poly-Yarn's Days Payable or its related term are showing as below:

BOM:533301' s Days Payable Range Over the Past 10 Years
Min: 7.37 Med: 39 Max: 657.75
Current: 657.75

During the past 13 years, Shekhawati Poly-Yarn's highest Days Payable was 657.75. The lowest was 7.37. And the median was 39.00.

BOM:533301's Days Payable is ranked better than
97.83% of 1016 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 57.25 vs BOM:533301: 657.75

Shekhawati Poly-Yarn's Days Payable increased from Mar. 2023 (146.71) to Mar. 2024 (299.02). It may suggest that Shekhawati Poly-Yarn delayed paying its suppliers.

Shekhawati Poly-Yarn Days Payable Historical Data

The historical data trend for Shekhawati Poly-Yarn'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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Shekhawati Poly-Yarn Days Payable Chart

Shekhawati Poly-Yarn Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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8.49

81.95

37.59

81.18

611.59

Shekhawati Poly-Yarn 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															146.71	795.98	785.25	810.59	299.02

Competitive Comparison of Shekhawati Poly-Yarn's Days Payable

For the Textile Manufacturing subindustry, Shekhawati Poly-Yarn'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.

Shekhawati Poly-Yarn's Days Payable Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Shekhawati Poly-Yarn's Days Payable falls into.

Shekhawati Poly-Yarn 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.

Shekhawati Poly-Yarn'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
=	( (515.282	+	152.351)	/	2 )	/	199.224	*	365
=	333.8165					/	199.224	*	365
=	611.59

Shekhawati Poly-Yarn'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	+	152.351)	/	1 )	/	46.492	*	365 / 4
=	152.351					/	46.492	*	365 / 4
=	299.02

Shekhawati Poly-Yarn Days Payable Related Terms

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Shekhawati Poly-Yarn (BOM:533301) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Shekhawati Poly-Yarn Ltd (BOM:533301) » Definitions » Days Payable

Traded in Other Exchanges

SPYL:India

Address

Off. Western Express Highway, Express Zone, 'A' Wing, Unit No. 1102/1103, Patel Vatika, Malad (East), Mumbai, MH, IND, 400 097

Website

https://www.shekhawatiyarn.com

Shekhawati Poly-Yarn Ltd is engaged in the business of manufacturing of texturizing yarn, twisting yarn and knitted fabrics. The Company operates through the textile business segment. The firm engages in the manufacture of polyester texturized yarn and fancy yarn used for suiting, shirting, dress materials, sarees, hosiery, knitted fabric, zipper fastener, curtain, industrial cloth, and upholstery. The company caters to both domestic and international markets.

Shekhawati Poly-Yarn (BOM:533301) Headlines

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