Active Clothing Co (BOM:541144) Days Payable : 147.80 (As of Dec. 2023)

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What is Active Clothing Co Days Payable?

Active Clothing Co's average Accounts Payable for the three months ended in Dec. 2023 was ₹554 Mil. Active Clothing Co's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹342 Mil. Hence, Active Clothing Co's Days Payable for the three months ended in Dec. 2023 was 147.80.

The historical rank and industry rank for Active Clothing Co's Days Payable or its related term are showing as below:

BOM:541144' s Days Payable Range Over the Past 10 Years
Min: 30.42 Med: 57.26 Max: 139.12
Current: 82.67

During the past 11 years, Active Clothing Co's highest Days Payable was 139.12. The lowest was 30.42. And the median was 57.26.

BOM:541144's Days Payable is ranked better than
69.44% of 1021 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 56.25 vs BOM:541144: 82.67

Active Clothing Co's Days Payable increased from Dec. 2022 (69.89) to Dec. 2023 (147.80). It may suggest that Active Clothing Co delayed paying its suppliers.

Active Clothing Co Days Payable Historical Data

The historical data trend for Active Clothing Co'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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Active Clothing Co Days Payable Chart

Active Clothing Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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81.48

91.29

139.12

70.80

55.10

Active Clothing Co Quarterly Data
	Mar16	Mar17	Dec17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															69.89	66.80	72.09	86.56	147.80

Competitive Comparison of Active Clothing Co's Days Payable

For the Apparel Manufacturing subindustry, Active Clothing Co'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.

Active Clothing Co's Days Payable Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Active Clothing Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Active Clothing Co's Days Payable falls into.

Active Clothing Co 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.

Active Clothing Co'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
=	( (199.055	+	233.501)	/	2 )	/	1432.602	*	365
=	216.278					/	1432.602	*	365
=	55.10

Active Clothing Co'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
=	( (554.216	+	0)	/	1 )	/	342.172	*	365 / 4
=	554.216					/	342.172	*	365 / 4
=	147.80

Active Clothing Co Days Payable Related Terms

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Active Clothing Co (BOM:541144) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Active Clothing Co Ltd (BOM:541144) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Plot no. E-225, Phase VIII B, Industrial Area, Focal Point, Mohali, PB, IND, 160055

Website

https://www.activesourcing.org

Active Clothing Co Ltd is an apparel manufacturer. The company produces garments across three categories which include flat knit sweaters, outwear jackets, circular knit t-shirts, sweatshirts, and joggers for men, women, kids, and baby wear.

Active Clothing Co (BOM:541144) Headlines

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