Ibrahim Fibres (KAR:IBFL) Days Payable : 16.44 (As of Mar. 2024)

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What is Ibrahim Fibres Days Payable?

Ibrahim Fibres's average Accounts Payable for the three months ended in Mar. 2024 was ₨5,688 Mil. Ibrahim Fibres's Cost of Goods Sold for the three months ended in Mar. 2024 was ₨31,571 Mil. Hence, Ibrahim Fibres's Days Payable for the three months ended in Mar. 2024 was 16.44.

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

KAR:IBFL' s Days Payable Range Over the Past 10 Years
Min: 6.02 Med: 11.84 Max: 19.92
Current: 17.06

During the past 13 years, Ibrahim Fibres's highest Days Payable was 19.92. The lowest was 6.02. And the median was 11.84.

KAR:IBFL's Days Payable is ranked worse than
88.34% of 1021 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 56.86 vs KAR:IBFL: 17.06

Ibrahim Fibres's Days Payable increased from Mar. 2023 (12.67) to Mar. 2024 (16.44). It may suggest that Ibrahim Fibres delayed paying its suppliers.

Ibrahim Fibres Days Payable Historical Data

The historical data trend for Ibrahim Fibres'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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Ibrahim Fibres Days Payable Chart

Ibrahim Fibres Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Dec22

Dec23

Days Payable

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11.84

11.90

6.02

6.26

9.77

Ibrahim Fibres Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															12.67	15.19	16.56	16.99	16.44

Competitive Comparison of Ibrahim Fibres's Days Payable

For the Textile Manufacturing subindustry, Ibrahim Fibres'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.

Ibrahim Fibres's Days Payable Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Ibrahim Fibres's Days Payable distribution charts can be found below:

* The bar in red indicates where Ibrahim Fibres's Days Payable falls into.

Ibrahim Fibres 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.

Ibrahim Fibres's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (2007.305	+	3925.799)	/	2 )	/	110794.024	*	365
=	2966.552					/	110794.024	*	365
=	9.77

Ibrahim Fibres'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: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (3925.799	+	7451.008)	/	2 )	/	31571.327	*	365 / 4
=	5688.4035					/	31571.327	*	365 / 4
=	16.44

Ibrahim Fibres Days Payable Related Terms

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Ibrahim Fibres (KAR:IBFL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Ibrahim Fibres Ltd (KAR:IBFL) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

15 - Club Road, Ibrahim Centre, Faisalabad, PB, PAK, 38000

Website

https://www.igcpk.com

Ibrahim Fibres Ltd is engaged in Textile manufacturing. Its activities include Polyester Yarn production, Polyester Staple Fibre Production, Financial Services, and Energy. Its Polyester Plants produce a wide range of Polyester Staple Fibre (PSF) in different varieties, lusters, cut lengths, and fineness.

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