Aananda Lakshmi Spinning Mills (BOM:539096) Days Payable : 5,271.48 (As of Dec. 2023)

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What is Aananda Lakshmi Spinning Mills Days Payable?

Aananda Lakshmi Spinning Mills's average Accounts Payable for the three months ended in Dec. 2023 was ₹22.07 Mil. Aananda Lakshmi Spinning Mills's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹0.38 Mil. Hence, Aananda Lakshmi Spinning Mills's Days Payable for the three months ended in Dec. 2023 was 5,271.48.

The historical rank and industry rank for Aananda Lakshmi Spinning Mills's Days Payable or its related term are showing as below:

BOM:539096' s Days Payable Range Over the Past 10 Years
Min: 56.74 Med: 363.18 Max: 93158.2
Current: 13614.21

During the past 9 years, Aananda Lakshmi Spinning Mills's highest Days Payable was 93158.20. The lowest was 56.74. And the median was 363.18.

BOM:539096's Days Payable is ranked better than
99.71% of 1021 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 56.44 vs BOM:539096: 13614.21

Aananda Lakshmi Spinning Mills's Days Payable increased from Dec. 2022 (0.00) to Dec. 2023 (5,271.48). It may suggest that Aananda Lakshmi Spinning Mills delayed paying its suppliers.

Aananda Lakshmi Spinning Mills Days Payable Historical Data

The historical data trend for Aananda Lakshmi Spinning Mills'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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Aananda Lakshmi Spinning Mills Days Payable Chart

Aananda Lakshmi Spinning Mills Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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1,831.29

544.35

304.72

363.18

93,158.20

Aananda Lakshmi Spinning Mills 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															-	-	4,857.85	-	5,271.48

Competitive Comparison of Aananda Lakshmi Spinning Mills's Days Payable

For the Textile Manufacturing subindustry, Aananda Lakshmi Spinning Mills'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.

Aananda Lakshmi Spinning Mills's Days Payable Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Aananda Lakshmi Spinning Mills's Days Payable falls into.

Aananda Lakshmi Spinning Mills 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.

Aananda Lakshmi Spinning Mills'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
=	( (42.431	+	26.991)	/	2 )	/	0.136	*	365
=	34.711					/	0.136	*	365
=	93,158.20

Aananda Lakshmi Spinning Mills'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
=	( (22.068	+	0)	/	1 )	/	0.382	*	365 / 4
=	22.068					/	0.382	*	365 / 4
=	5,271.48

Aananda Lakshmi Spinning Mills Days Payable Related Terms

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Aananda Lakshmi Spinning Mills (BOM:539096) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Aananda Lakshmi Spinning Mills Ltd (BOM:539096) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

105, Sardar Patel Road, Surya Towers, 6th Floor, Secunderabad, TG, IND, 500003

Website

http://www.aanandalakshmi.com

Aananda Lakshmi Spinning Mills Ltd manufactures and sells textile products in India. The company offers grey yarns, including Combed, Semi-Combed, and Carded for use in sportswear, innerwear, sweaters, socks, and casual wear. It also offers Speciality yarn which includes Melange Yarn, Grindle Yarn, Doubled Yarn, and Slub / Fancy Yarn. The company is also engaged in real estate activities.

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