Milestone Furniture (BOM:541337) Days Payable : 0.00 (As of Mar. 2023)

View and export this data going back to 2018. Start your Free Trial

What is Milestone Furniture Days Payable?

Milestone Furniture's average Accounts Payable for the six months ended in Mar. 2023 was ₹1.65 Mil. Milestone Furniture's Cost of Goods Sold for the six months ended in Mar. 2023 was ₹-25.02 Mil.

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

During the past 10 years, Milestone Furniture's highest Days Payable was 855.30. The lowest was 9.91. And the median was 56.06.

BOM:541337's Days Payable is not ranked ^*
in the Furnishings, Fixtures & Appliances industry.
Industry Median: 69.13
* Ranked among companies with meaningful Days Payable only.

Milestone Furniture's Days Payable declined from Mar. 2022 (24.33) to Mar. 2023 (0.00). It may suggest that Milestone Furniture accelerated paying its suppliers.

Milestone Furniture Days Payable Historical Data

The historical data trend for Milestone Furniture'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.

Milestone Furniture Days Payable Chart

Milestone Furniture Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

Get a 7-Day Free Trial

56.06

855.30

73.61

48.66

Milestone Furniture Semi-Annual Data
	Mar14	Mar15	Mar16	Mar17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23
Days Payable	Get a 7-Day Free Trial										817.55	-	24.33	12.05	-

Competitive Comparison of Milestone Furniture's Days Payable

For the Furnishings, Fixtures & Appliances subindustry, Milestone Furniture'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.

Milestone Furniture's Days Payable Distribution in the Furnishings, Fixtures & Appliances Industry

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

* The bar in red indicates where Milestone Furniture's Days Payable falls into.

Milestone Furniture 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.

Milestone Furniture'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
=	( (1.652	+	1.652)	/	2 )	/	0	*	365
=	1.652					/	0	*	365
=	N/A

Milestone Furniture's Days Payable for the quarter that ended in Mar. 2023 is calculated as:

	Days Payable (Q: Mar. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2022 )	+	Accounts Payable (Q: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2023 )	*	Days in Period
=	( (1.652	+	1.652)	/	2 )	/	-25.015	*	365 / 2
=	1.652					/	-25.015	*	365 / 2
=	N/A

Milestone Furniture Days Payable Related Terms

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

Milestone Furniture (BOM:541337) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Milestone Furniture Ltd (BOM:541337) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Wada Manor Road, Survey No.147, House No. 271/1, Met Village, Opposite HP Petrol Pump, Palghar, Thane, MH, IND, 421312

Website

http://www.milestonefurniture.in

Milestone Furniture Ltd is engaged in the field of the household furniture business. It manufactures home and office furniture and is also involved in home and office design. The product portfolio includes basic plastic chair/ plastic storage solution/ Dining Tables into all segments like bedroom, dining, living room, essentials and mattresses which are needed at different points during their aspirational home building journey. The company has also spread its product portfolio to serve the institutional segment especially in segments like office seating, desking, and storage solutions. The product assortment covers both the large institutions and small office/home office's needs.

Milestone Furniture (BOM:541337) Headlines

No Headlines