Tirupati Foam (BOM:540904) Days Payable : 46.06 (As of Dec. 2023)

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What is Tirupati Foam Days Payable?

Tirupati Foam's average Accounts Payable for the three months ended in Dec. 2023 was ₹116 Mil. Tirupati Foam's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹230 Mil. Hence, Tirupati Foam's Days Payable for the three months ended in Dec. 2023 was 46.06.

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

BOM:540904' s Days Payable Range Over the Past 10 Years
Min: 40.93 Med: 54.51 Max: 74.33
Current: 44.46

During the past 13 years, Tirupati Foam's highest Days Payable was 74.33. The lowest was 40.93. And the median was 54.51.

BOM:540904's Days Payable is ranked worse than
69.14% of 405 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 69.13 vs BOM:540904: 44.46

Tirupati Foam's Days Payable increased from Dec. 2022 (38.05) to Dec. 2023 (46.06). It may suggest that Tirupati Foam delayed paying its suppliers.

Tirupati Foam Days Payable Historical Data

The historical data trend for Tirupati 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.

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Tirupati Foam Days Payable Chart

Tirupati Foam Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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40.93

59.01

74.33

61.83

56.64

Tirupati Foam 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															38.05	38.16	51.72	56.98	46.06

Competitive Comparison of Tirupati Foam's Days Payable

For the Furnishings, Fixtures & Appliances subindustry, Tirupati 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.

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

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

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

Tirupati 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.

Tirupati Foam'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
=	( (163.746	+	103.282)	/	2 )	/	860.439	*	365
=	133.514					/	860.439	*	365
=	56.64

Tirupati Foam'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
=	( (116.343	+	0)	/	1 )	/	230.476	*	365 / 4
=	116.343					/	230.476	*	365 / 4
=	46.06

Tirupati Foam Days Payable Related Terms

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Tirupati Foam (BOM:540904) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Tirupati Foam Ltd (BOM:540904) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

University Road, Polytechnic Char Rasta, Tirupati House, 4th Floor, Near Topaz Restaurant, Ambawadi, Ahmedabad, GJ, IND, 380015

Website

https://www.tirupatifoam.com

Tirupati Foam Ltd is an Indian firm engaged in the manufacturing of Flexible Polyurethane Foam and related articles including; bedding, quilts, pillows, cushions, sleeping bags foam and foam products under the name of Sweet Dream. The company's products include mattresses, industrial P U foam, PUF pillows, sofa cushions and others. Substantial revenue accrues from Domestic sales and the sale of P U Foam.

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