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Maruti Interior Products (BOM:543464) Days Payable : 55.86 (As of Mar. 2024)


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What is Maruti Interior Products Days Payable?

Maruti Interior Products's average Accounts Payable for the six months ended in Mar. 2024 was ₹35.5 Mil. Maruti Interior Products's Cost of Goods Sold for the six months ended in Mar. 2024 was ₹116.1 Mil. Hence, Maruti Interior Products's Days Payable for the six months ended in Mar. 2024 was 55.86.

The historical rank and industry rank for Maruti Interior Products's Days Payable or its related term are showing as below:

BOM:543464' s Days Payable Range Over the Past 10 Years
Min: 47.7   Med: 60.69   Max: 93.06
Current: 55.02

During the past 6 years, Maruti Interior Products's highest Days Payable was 93.06. The lowest was 47.70. And the median was 60.69.

BOM:543464's Days Payable is ranked worse than
59.55% of 403 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 69.13 vs BOM:543464: 55.02

Maruti Interior Products's Days Payable declined from Mar. 2023 (60.08) to Mar. 2024 (55.86). It may suggest that Maruti Interior Products accelerated paying its suppliers.


Maruti Interior Products Days Payable Historical Data

The historical data trend for Maruti Interior Products'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.

Maruti Interior Products Days Payable Chart

Maruti Interior Products Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Payable
Get a 7-Day Free Trial 65.06 93.06 57.41 54.01 47.70

Maruti Interior Products Semi-Annual Data
Mar19 Mar20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
Days Payable Get a 7-Day Free Trial Premium Member Only 51.30 53.51 60.08 61.33 55.86

Competitive Comparison of Maruti Interior Products's Days Payable

For the Furnishings, Fixtures & Appliances subindustry, Maruti Interior Products'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.


Maruti Interior Products's Days Payable Distribution in the Furnishings, Fixtures & Appliances Industry

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

* The bar in red indicates where Maruti Interior Products's Days Payable falls into.



Maruti Interior Products 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.

Maruti Interior Products'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
=( (37.408 + 25.29) / 2 ) / 239.878*365
=31.349 / 239.878*365
=47.70

Maruti Interior Products'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
=( (45.782 + 25.29) / 2 ) / 116.107*365 / 2
=35.536 / 116.107*365 / 2
=55.86

* 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.


Maruti Interior Products Days Payable Related Terms

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


Maruti Interior Products (BOM:543464) Business Description

Traded in Other Exchanges
N/A
Address
9, 10, 1 IA, 13, Jay Krishna Industrial Estate, Survey No. 236, Behind Vikas Stove, Veraval (Shapar), Rajkot, GJ, IND, 360024
Maruti Interior Products Ltd is engaged in the manufacturing and domestic sale and export of modular kitchen storage systems, aluminum long wardrobe handles, and profile handles. The company has a wide range of product offerings for different customer segments. The brand Everyday Kitchen is focused on economic products while the other brand Spitze by Everyday offers premium products. The products of the company include Spitze Aluminium Profile handles, Wire shelving system, Spitze cabinet pull handles, Spitze wardrobe handle and others.

Maruti Interior Products (BOM:543464) Headlines

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