C P S Shapers (NSE:CPS) Days Payable : 81.83 (As of Mar. 2023)

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What is C P S Shapers Days Payable?

C P S Shapers's average Accounts Payable for the six months ended in Mar. 2023 was ₹34.0 Mil. C P S Shapers's Cost of Goods Sold for the six months ended in Mar. 2023 was ₹151.4 Mil. Hence, C P S Shapers's Days Payable for the six months ended in Mar. 2023 was 40.92.

The historical rank and industry rank for C P S Shapers's Days Payable or its related term are showing as below:

NSE:CPS' s Days Payable Range Over the Past 10 Years
Min: 81.83 Med: 86.71 Max: 206.34
Current: 81.83

During the past 3 years, C P S Shapers's highest Days Payable was 206.34. The lowest was 81.83. And the median was 86.71.

NSE:CPS's Days Payable is ranked better than
68.91% of 1023 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 56.44 vs NSE:CPS: 81.83

C P S Shapers's Days Payable declined from Mar. 2021 (206.34) to Mar. 2023 (81.83). It may suggest that C P S Shapers accelerated paying its suppliers.

C P S Shapers Days Payable Historical Data

The historical data trend for C P S Shapers'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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C P S Shapers Days Payable Chart

C P S Shapers Annual Data

Trend

Mar21

Mar22

Mar23

Days Payable

206.34

86.71

81.83

C P S Shapers Semi-Annual Data
	Mar21	Mar22	Mar23
Days Payable	206.34	86.71	81.83

Competitive Comparison of C P S Shapers's Days Payable

For the Apparel Manufacturing subindustry, C P S Shapers'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.

C P S Shapers's Days Payable Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where C P S Shapers's Days Payable falls into.

C P S Shapers 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.

C P S Shapers'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
=	( (31.244	+	36.657)	/	2 )	/	151.435	*	365
=	33.9505					/	151.435	*	365
=	81.83

C P S Shapers'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
=	( (31.244	+	36.657)	/	2 )	/	151.435	*	365 / 2
=	33.9505					/	151.435	*	365 / 2
=	40.92

C P S Shapers Days Payable Related Terms

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C P S Shapers (NSE:CPS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » C P S Shapers Ltd (NSE:CPS) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Plot No. 31, New Mayur Vihar, Near Raj Vansh Vihar, Garh Road, Meerut, UP, IND, 250005

Website

https://www.cpsshapersltd.com

C P S Shapers Ltd is engaged in the business manufacturing of compressed garments. The company's product portfolio has expanded significantly offering a wide array of meticulously crafted shapewear and athleisure clothing that caters to diverse body types and fashion preferences.