Kahan Packaging (BOM:543979) Days Payable : 98.94 (As of Mar. 2023)

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What is Kahan Packaging Days Payable?

Kahan Packaging's average Accounts Payable for the six months ended in Mar. 2023 was ₹35.3 Mil. Kahan Packaging's Cost of Goods Sold for the six months ended in Mar. 2023 was ₹130.2 Mil. Hence, Kahan Packaging's Days Payable for the six months ended in Mar. 2023 was 49.47.

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

BOM:543979' s Days Payable Range Over the Past 10 Years
Min: 92.68 Med: 128.18 Max: 160.55
Current: 98.94

During the past 4 years, Kahan Packaging's highest Days Payable was 160.55. The lowest was 92.68. And the median was 128.18.

BOM:543979's Days Payable is ranked better than
77.38% of 367 companies
in the Packaging & Containers industry
Industry Median: 59.64 vs BOM:543979: 98.94

Kahan Packaging's Days Payable declined from Mar. 2021 (160.55) to Mar. 2023 (98.94). It may suggest that Kahan Packaging accelerated paying its suppliers.

Kahan Packaging Days Payable Historical Data

The historical data trend for Kahan Packaging'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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Kahan Packaging Days Payable Chart

Kahan Packaging Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Days Payable

157.41

160.55

92.68

98.94

Kahan Packaging Semi-Annual Data
	Mar20	Mar21	Mar22	Mar23
Days Payable	157.41	160.55	92.68	98.94

Competitive Comparison of Kahan Packaging's Days Payable

For the Packaging & Containers subindustry, Kahan Packaging'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.

Kahan Packaging's Days Payable Distribution in the Packaging & Containers Industry

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

* The bar in red indicates where Kahan Packaging's Days Payable falls into.

Kahan Packaging 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.

Kahan Packaging'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
=	( (26.093	+	44.514)	/	2 )	/	130.243	*	365
=	35.3035					/	130.243	*	365
=	98.94

Kahan Packaging'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: Mar. 2022 )	+	Accounts Payable (Q: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2023 )	*	Days in Period
=	( (26.093	+	44.514)	/	2 )	/	130.243	*	365 / 2
=	35.3035					/	130.243	*	365 / 2
=	49.47

Kahan Packaging Days Payable Related Terms

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Kahan Packaging (BOM:543979) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Kahan Packaging Ltd (BOM:543979) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

212, Jhalawar Service Premises, E S Patanwalla Compound, Opp. Shreyas Talkies, L.B.S.Marg, Ghatkopar - West, Mumbai, MH, IND, 400086

Website

https://www.kpackltd.com

Kahan Packaging Ltd is a company in the business of manufacturing and supply of Polypropylene / High Density Polyethylene, HDPE Woven Fabric- Laminated, HDPE/PP woven sacks, Woven Fabric- UnLaminated, PP Woven Bag, PP Woven Bag with Liner, Printed Laminates for Flexible Packaging, woven polymer based products of different weight, sizes and colors as per customer's specifications. It offers customized bulk packaging solutions to business-to business (B2B) manufacturers catering to different industries such as Agro Pesticides Industry, Cement Industry, Chemical Industry, Fertilizer Industry, Food Products Industry.

Kahan Packaging (BOM:543979) Headlines

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