Labelkraft Technologies (BOM:543830) Days Payable : 3.98 (As of Mar. 2024)

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What is Labelkraft Technologies Days Payable?

Labelkraft Technologies's average Accounts Payable for the six months ended in Mar. 2024 was ₹1.5 Mil. Labelkraft Technologies's Cost of Goods Sold for the six months ended in Mar. 2024 was ₹69.1 Mil. Hence, Labelkraft Technologies's Days Payable for the six months ended in Mar. 2024 was 3.98.

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

BOM:543830' s Days Payable Range Over the Past 10 Years
Min: 2.09 Med: 2.11 Max: 3.09
Current: 3.09

During the past 2 years, Labelkraft Technologies's highest Days Payable was 3.09. The lowest was 2.09. And the median was 2.11.

BOM:543830's Days Payable is ranked worse than
99.49% of 2923 companies
in the Industrial Products industry
Industry Median: 76.67 vs BOM:543830: 3.09

Labelkraft Technologies's Days Payable increased from Mar. 2023 (1.04) to Mar. 2024 (3.98). It may suggest that Labelkraft Technologies delayed paying its suppliers.

Labelkraft Technologies Days Payable Historical Data

The historical data trend for Labelkraft Technologies'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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Labelkraft Technologies Days Payable Chart

Labelkraft Technologies Annual Data

Trend

Mar23

Mar24

Days Payable

2.09

2.13

Labelkraft Technologies Semi-Annual Data
	Mar23	Sep23	Mar24
Days Payable	1.04	3.20	3.98

Competitive Comparison of Labelkraft Technologies's Days Payable

For the Business Equipment & Supplies subindustry, Labelkraft Technologies'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.

Labelkraft Technologies's Days Payable Distribution in the Industrial Products Industry

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

* The bar in red indicates where Labelkraft Technologies's Days Payable falls into.

Labelkraft Technologies 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.

Labelkraft Technologies'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
=	( (0.645	+	1.033)	/	2 )	/	143.869	*	365
=	0.839					/	143.869	*	365
=	2.13

Labelkraft Technologies'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
=	( (1.98	+	1.033)	/	2 )	/	69.113	*	365 / 2
=	1.5065					/	69.113	*	365 / 2
=	3.98

Labelkraft Technologies Days Payable Related Terms

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Labelkraft Technologies (BOM:543830) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Labelkraft Technologies Ltd (BOM:543830) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

14/12, Jayachamarajendra Road, Bengaluru, KA, IND, 560002

Website

https://www.labelkraft.com

Labelkraft Technologies Ltd is engaged in the business of providing barcode code solutions. The company offers services to many different segments of industries like FMCG, logistics service providers, chemicals, garments, and others.

Labelkraft Technologies (BOM:543830) Headlines

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