Avenue Supermarts (BOM:540376) Days Payable : 6.30 (As of Dec. 2023)

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What is Avenue Supermarts Days Payable?

Avenue Supermarts's average Accounts Payable for the three months ended in Dec. 2023 was ₹7,978 Mil. Avenue Supermarts's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹115,523 Mil. Hence, Avenue Supermarts's Days Payable for the three months ended in Dec. 2023 was 6.30.

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

BOM:540376' s Days Payable Range Over the Past 10 Years
Min: 6.73 Med: 8.16 Max: 9.94
Current: 7.32

During the past 12 years, Avenue Supermarts's highest Days Payable was 9.94. The lowest was 6.73. And the median was 8.16.

BOM:540376's Days Payable is ranked worse than
97.73% of 308 companies
in the Retail - Defensive industry
Industry Median: 43.72 vs BOM:540376: 7.32

Avenue Supermarts's Days Payable declined from Dec. 2022 (8.76) to Dec. 2023 (6.30). It may suggest that Avenue Supermarts accelerated paying its suppliers.

Avenue Supermarts Days Payable Historical Data

The historical data trend for Avenue Supermarts'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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Avenue Supermarts Days Payable Chart

Avenue Supermarts Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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8.35

7.74

8.97

8.06

6.73

Avenue Supermarts 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															8.76	7.53	6.84	6.76	6.30

Competitive Comparison of Avenue Supermarts's Days Payable

For the Discount Stores subindustry, Avenue Supermarts'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.

Avenue Supermarts's Days Payable Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Avenue Supermarts's Days Payable distribution charts can be found below:

* The bar in red indicates where Avenue Supermarts's Days Payable falls into.

Avenue Supermarts 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.

Avenue Supermarts'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
=	( (5892	+	7537.9)	/	2 )	/	364139.1	*	365
=	6714.95					/	364139.1	*	365
=	6.73

Avenue Supermarts'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
=	( (7977.7	+	0)	/	1 )	/	115523.1	*	365 / 4
=	7977.7					/	115523.1	*	365 / 4
=	6.30

Avenue Supermarts Days Payable Related Terms

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Avenue Supermarts (BOM:540376) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Avenue Supermarts Ltd (BOM:540376) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

DMART:India

Address

Road No. 33, Kamgar Hospital Road, Plot No. B-72 and B-72A, Wagle Industrial Estate, Thane, MH, IND, 400 604

Website

https://www.dmartindia.com

Avenue Supermarts Ltd is an India-based company engaged in the business of organized retail and operates supermarkets under the brand name of D-Mart. It provides products under the categories of Foods, Non-Foods (FMCG) and General Merchandise and Apparel. Foods category includes products such as dairy, staples, groceries, snacks, frozen products, processed foods, beverages and confectionary and fruits and vegetables. Non-Foods (FMCG) comprises home care products, personal care products, toiletries and other over-the-counter products. General Merchandise and Apparel include bed and bath, toys and games, crockery, plastic goods, garments, footwear, utensils and home appliances. The business operations of the company are principally carried out in India.

Avenue Supermarts (BOM:540376) Headlines

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