Raghuvansh Agrofarms (BOM:538921) Days Payable : 62.11 (As of Sep. 2023)

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What is Raghuvansh Agrofarms Days Payable?

Raghuvansh Agrofarms's average Accounts Payable for the six months ended in Sep. 2023 was ₹8.93 Mil. Raghuvansh Agrofarms's Cost of Goods Sold for the six months ended in Sep. 2023 was ₹26.23 Mil. Hence, Raghuvansh Agrofarms's Days Payable for the six months ended in Sep. 2023 was 62.11.

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

BOM:538921' s Days Payable Range Over the Past 10 Years
Min: 5.04 Med: 59.34 Max: 386.09
Current: 53.85

During the past 10 years, Raghuvansh Agrofarms's highest Days Payable was 386.09. The lowest was 5.04. And the median was 59.34.

BOM:538921's Days Payable is ranked better than
58.86% of 1789 companies
in the Consumer Packaged Goods industry
Industry Median: 46.09 vs BOM:538921: 53.85

Raghuvansh Agrofarms's Days Payable increased from Sep. 2022 (9.44) to Sep. 2023 (62.11). It may suggest that Raghuvansh Agrofarms delayed paying its suppliers.

Raghuvansh Agrofarms Days Payable Historical Data

The historical data trend for Raghuvansh Agrofarms'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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Raghuvansh Agrofarms Days Payable Chart

Raghuvansh Agrofarms Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

Get a 7-Day Free Trial

33.53

386.09

50.53

13.27

5.04

Raghuvansh Agrofarms Semi-Annual Data
	Mar14	Mar15	Mar16	Mar17	Mar18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Payable	Get a 7-Day Free Trial										23.72	15.31	9.44	11.53	62.11

Competitive Comparison of Raghuvansh Agrofarms's Days Payable

For the Farm Products subindustry, Raghuvansh Agrofarms'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.

Raghuvansh Agrofarms's Days Payable Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Raghuvansh Agrofarms's Days Payable distribution charts can be found below:

* The bar in red indicates where Raghuvansh Agrofarms's Days Payable falls into.

Raghuvansh Agrofarms 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.

Raghuvansh Agrofarms'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
=	( (1.478	+	0.087)	/	2 )	/	56.694	*	365
=	0.7825					/	56.694	*	365
=	5.04

Raghuvansh Agrofarms's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

	Days Payable (Q: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (0.087	+	17.765)	/	2 )	/	26.229	*	365 / 2
=	8.926					/	26.229	*	365 / 2
=	62.11

Raghuvansh Agrofarms Days Payable Related Terms

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Raghuvansh Agrofarms (BOM:538921) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Raghuvansh Agrofarms Ltd (BOM:538921) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

14/113, Civil Lines, Cabin No.559, Third Floor, Padam Tower-I, Kanpur, UP, IND, 208001

Website

https://www.raghuvanshagro.com

Raghuvansh Agrofarms Ltd is an Indian agricultural company engaged in the provision of agro commodity trading business. The company's activities include cultivation, processing, and distribution of agricultural products. It also involved in dairy farming and production and distribution of dairy products. The company offers financial, technical, strategic assistance to agricultural and dairy businesses. Its products cover organic vegetables, grains, milk, dairy, vermicompost, wheatgrass as well as fertilizers and ornamental plants.

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