Sunrise Efficient Marketing (BOM:543515) Days Payable : 50.05 (As of Sep. 2023)

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What is Sunrise Efficient Marketing Days Payable?

Sunrise Efficient Marketing's average Accounts Payable for the six months ended in Sep. 2023 was ₹115 Mil. Sunrise Efficient Marketing's Cost of Goods Sold for the six months ended in Sep. 2023 was ₹420 Mil. Hence, Sunrise Efficient Marketing's Days Payable for the six months ended in Sep. 2023 was 50.05.

The historical rank and industry rank for Sunrise Efficient Marketing's Days Payable or its related term are showing as below:

BOM:543515' s Days Payable Range Over the Past 10 Years
Min: 22.03 Med: 47.59 Max: 133.17
Current: 38.93

During the past 5 years, Sunrise Efficient Marketing's highest Days Payable was 133.17. The lowest was 22.03. And the median was 47.59.

BOM:543515's Days Payable is ranked worse than
80.72% of 2935 companies
in the Industrial Products industry
Industry Median: 76.43 vs BOM:543515: 38.93

Sunrise Efficient Marketing's Days Payable increased from Sep. 2022 (33.43) to Sep. 2023 (50.05). It may suggest that Sunrise Efficient Marketing delayed paying its suppliers.

Sunrise Efficient Marketing Days Payable Historical Data

The historical data trend for Sunrise Efficient Marketing'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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Sunrise Efficient Marketing Days Payable Chart

Sunrise Efficient Marketing Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

133.17

47.59

22.03

Sunrise Efficient Marketing Semi-Annual Data
	Mar19	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Payable	Get a 7-Day Free Trial			61.94	38.47	33.43	20.17	50.05

Competitive Comparison of Sunrise Efficient Marketing's Days Payable

For the Specialty Industrial Machinery subindustry, Sunrise Efficient Marketing'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.

Sunrise Efficient Marketing's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Sunrise Efficient Marketing's Days Payable distribution charts can be found below:

* The bar in red indicates where Sunrise Efficient Marketing's Days Payable falls into.

Sunrise Efficient Marketing 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.

Sunrise Efficient Marketing'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
=	( (52.002	+	46.512)	/	2 )	/	816.01	*	365
=	49.257					/	816.01	*	365
=	22.03

Sunrise Efficient Marketing's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

	Days Payable (Q: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (46.512	+	183.883)	/	2 )	/	420.061	*	365 / 2
=	115.1975					/	420.061	*	365 / 2
=	50.05

Sunrise Efficient Marketing Days Payable Related Terms

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Sunrise Efficient Marketing (BOM:543515) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Sunrise Efficient Marketing Ltd (BOM:543515) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Akash Bhumi Complex, Sub Plot No. 2, Block B, Village Pandesara, Surat, GJ, IND, 394221

Website

https://www.sunriseefficientmarketing.com

Sunrise Efficient Marketing Ltd is engaged in the business of trading, distributing, and wholesaling different types of industrial products such as electrical items, electronic items, spare parts and others. The company distributes Automotive Parts, Gear Boxes, Motors, Pumps, Oils, and FMCG products. The company retails, imports, exports, sells, fabricates, and assembles a wide range of products such as pipes, pipe fittings, sanitation parts, mechanical and engineering items, all types of machined and un-machined castings, industrial valves, and its spares, Oils, lubricants, all types of motors, pumps, generator sets, batteries and all types of electrical, mechanical, electronic items, and spare parts, accessories used for industrial, domestic and agricultural purposes.

Sunrise Efficient Marketing (BOM:543515) Headlines

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