D K Enterprises Global (NSE:DKEGL) Days Payable : 43.15 (As of Sep. 2023)

View and export this data going back to 2021. Start your Free Trial

What is D K Enterprises Global Days Payable?

D K Enterprises Global's average Accounts Payable for the six months ended in Sep. 2023 was ₹158 Mil. D K Enterprises Global's Cost of Goods Sold for the six months ended in Sep. 2023 was ₹670 Mil. Hence, D K Enterprises Global's Days Payable for the six months ended in Sep. 2023 was 43.15.

The historical rank and industry rank for D K Enterprises Global's Days Payable or its related term are showing as below:

NSE:DKEGL' s Days Payable Range Over the Past 10 Years
Min: 38.12 Med: 52.15 Max: 73.97
Current: 42.58

During the past 4 years, D K Enterprises Global's highest Days Payable was 73.97. The lowest was 38.12. And the median was 52.15.

NSE:DKEGL's Days Payable is ranked worse than
68.65% of 370 companies
in the Packaging & Containers industry
Industry Median: 57.555 vs NSE:DKEGL: 42.58

D K Enterprises Global's Days Payable increased from Sep. 2022 (30.07) to Sep. 2023 (43.15). It may suggest that D K Enterprises Global delayed paying its suppliers.

D K Enterprises Global Days Payable Historical Data

The historical data trend for D K Enterprises Global'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.

* Premium members only.

D K Enterprises Global Days Payable Chart

D K Enterprises Global Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Days Payable

73.97

57.39

46.90

38.12

D K Enterprises Global Semi-Annual Data
	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Payable	Get a 7-Day Free Trial			56.67	40.70	30.07	42.61	43.15

Competitive Comparison of D K Enterprises Global's Days Payable

For the Packaging & Containers subindustry, D K Enterprises Global'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.

D K Enterprises Global's Days Payable Distribution in the Packaging & Containers Industry

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

* The bar in red indicates where D K Enterprises Global's Days Payable falls into.

D K Enterprises Global 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.

D K Enterprises Global'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
=	( (111.871	+	147.851)	/	2 )	/	1243.466	*	365
=	129.861					/	1243.466	*	365
=	38.12

D K Enterprises Global'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
=	( (147.851	+	169.146)	/	2 )	/	670.342	*	365 / 2
=	158.4985					/	670.342	*	365 / 2
=	43.15

D K Enterprises Global Days Payable Related Terms

Thank you for viewing the detailed overview of D K Enterprises Global's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

D K Enterprises Global (NSE:DKEGL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » D K Enterprises Global Ltd (NSE:DKEGL) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Plot Number - 235, Industrial Area Phase-2, Panchkula, HR, IND, 134109

Website

https://www.dkenterprises.co.in

D K Enterprises Global Ltd manufactures paper-based packaging materials, self-adhesive tapes, and laminated products. The company operates in the business segment of BOPP Tape & laminates and Corrugated boxes & sleeve rolls. The company generates revenue from the BOPP tape and Laminates segment.

D K Enterprises Global (NSE:DKEGL) Headlines

No Headlines