Rajeshwari Cans (BOM:543285) Days Payable : 80.97 (As of Mar. 2024)

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What is Rajeshwari Cans Days Payable?

Rajeshwari Cans's average Accounts Payable for the six months ended in Mar. 2024 was ₹57.7 Mil. Rajeshwari Cans's Cost of Goods Sold for the six months ended in Mar. 2024 was ₹130.0 Mil. Hence, Rajeshwari Cans's Days Payable for the six months ended in Mar. 2024 was 80.97.

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

BOM:543285' s Days Payable Range Over the Past 10 Years
Min: 76.63 Med: 90.16 Max: 113.87
Current: 85.54

During the past 7 years, Rajeshwari Cans's highest Days Payable was 113.87. The lowest was 76.63. And the median was 90.16.

BOM:543285's Days Payable is ranked better than
68.94% of 367 companies
in the Packaging & Containers industry
Industry Median: 59.64 vs BOM:543285: 85.54

Rajeshwari Cans's Days Payable declined from Mar. 2023 (95.95) to Mar. 2024 (80.97). It may suggest that Rajeshwari Cans accelerated paying its suppliers.

Rajeshwari Cans Days Payable Historical Data

The historical data trend for Rajeshwari Cans'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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Rajeshwari Cans Days Payable Chart

Rajeshwari Cans Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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90.16

113.87

88.54

76.63

90.84

Rajeshwari Cans Semi-Annual Data
	Mar18	Mar19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Days Payable	Get a 7-Day Free Trial						59.57	91.17	95.95	85.36	80.97

Competitive Comparison of Rajeshwari Cans's Days Payable

For the Packaging & Containers subindustry, Rajeshwari Cans'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.

Rajeshwari Cans's Days Payable Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Rajeshwari Cans's Days Payable distribution charts can be found below:

* The bar in red indicates where Rajeshwari Cans's Days Payable falls into.

Rajeshwari Cans 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.

Rajeshwari Cans'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
=	( (47.002	+	67.926)	/	2 )	/	230.9	*	365
=	57.464					/	230.9	*	365
=	90.84

Rajeshwari Cans'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: Sep. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (47.411	+	67.926)	/	2 )	/	129.975	*	365 / 2
=	57.6685					/	129.975	*	365 / 2
=	80.97

Rajeshwari Cans Days Payable Related Terms

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Rajeshwari Cans (BOM:543285) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Rajeshwari Cans Ltd (BOM:543285) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

96, Mahagujarat, Industrial Estate, Moraiya, Taluka: Sanand, Nr. Arto Off Print,, Ahmedabad, GJ, IND, 382210

Website

http://www.rajeshwaricans.com

Rajeshwari Cans Ltd is engaged in the business of manufacturing round-printed tin containers of various sizes which are used as packing material. The company supplies tin containers to customers engaged in the business of tobacco manufacturing and paint manufacturing.

Rajeshwari Cans (BOM:543285) Headlines

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