Sheela Foam (BOM:540203) Days Payable : 68.36 (As of Mar. 2024)

View and export this data going back to 2016. Start your Free Trial

What is Sheela Foam Days Payable?

Sheela Foam's average Accounts Payable for the three months ended in Mar. 2024 was ₹3,875 Mil. Sheela Foam's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹5,173 Mil. Hence, Sheela Foam's Days Payable for the three months ended in Mar. 2024 was 68.36.

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

BOM:540203' s Days Payable Range Over the Past 10 Years
Min: 43.77 Med: 53.61 Max: 63.41
Current: 58.83

During the past 9 years, Sheela Foam's highest Days Payable was 63.41. The lowest was 43.77. And the median was 53.61.

BOM:540203's Days Payable is ranked worse than
55.33% of 403 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 69.13 vs BOM:540203: 58.83

Sheela Foam's Days Payable increased from Mar. 2023 (51.55) to Mar. 2024 (68.36). It may suggest that Sheela Foam delayed paying its suppliers.

Sheela Foam Days Payable Historical Data

The historical data trend for Sheela Foam'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.

* Premium members only.

Sheela Foam Days Payable Chart

Sheela Foam Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

Get a 7-Day Free Trial

48.06

61.35

57.96

53.61

63.41

Sheela Foam 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															51.55	57.10	60.53	42.20	68.36

Competitive Comparison of Sheela Foam's Days Payable

For the Furnishings, Fixtures & Appliances subindustry, Sheela Foam'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.

Sheela Foam's Days Payable Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Sheela Foam's Days Payable distribution charts can be found below:

* The bar in red indicates where Sheela Foam's Days Payable falls into.

Sheela Foam 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.

Sheela Foam'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
=	( (2594.138	+	3875.3)	/	2 )	/	18620.8	*	365
=	3234.719					/	18620.8	*	365
=	63.41

Sheela Foam'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	+	3875.3)	/	1 )	/	5172.899	*	365 / 4
=	3875.3					/	5172.899	*	365 / 4
=	68.36

Sheela Foam Days Payable Related Terms

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

Sheela Foam (BOM:540203) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Sheela Foam Ltd (BOM:540203) » Definitions » Days Payable

Traded in Other Exchanges

SFL:India

Address

No. 14, Sector 135, Sleepwell Tower, Noida, UP, IND, 201301

Website

https://www.mysleepwell.com

Sheela Foam Ltd is a manufacturer of mattresses and other foam-based home comfort products. Its Home comfort line of product portfolio includes Mattresses, Pillows, Mattress protectors, Bolsters, Back cushions, Sofa-cum beds, Bedsheets, and Baby care sheets. It also offers a Technical range of products such as Laminated foam, Reticulated foam, UV stable foam, Sound absorption foam, and Anti-static foam. It caters products to different industries such as bedding, furniture, automotive, shoes, lingerie, electronic, acoustic enclosures, and garments. Geographically, the organization sells its products in India and also exports them to other countries. It derives a majority of the revenue from the sales of the Home comfort line of products. The company's flagship brand is Sleepwell.

Sheela Foam (BOM:540203) Headlines

No Headlines