Gokul Agro Resources (NSE:GOKULAGRO) Days Payable : 40.08 (As of Mar. 2024)

View and export this data going back to 2016. Start your Free Trial

What is Gokul Agro Resources Days Payable?

Gokul Agro Resources's average Accounts Payable for the three months ended in Mar. 2024 was ₹16,566 Mil. Gokul Agro Resources's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹37,715 Mil. Hence, Gokul Agro Resources's Days Payable for the three months ended in Mar. 2024 was 40.08.

The historical rank and industry rank for Gokul Agro Resources's Days Payable or its related term are showing as below:

NSE:GOKULAGRO' s Days Payable Range Over the Past 10 Years
Min: 32.37 Med: 53.86 Max: 88.48
Current: 40.86

During the past 9 years, Gokul Agro Resources's highest Days Payable was 88.48. The lowest was 32.37. And the median was 53.86.

NSE:GOKULAGRO's Days Payable is ranked worse than
57.03% of 1785 companies
in the Consumer Packaged Goods industry
Industry Median: 46.07 vs NSE:GOKULAGRO: 40.86

Gokul Agro Resources's Days Payable increased from Mar. 2023 (37.91) to Mar. 2024 (40.08). It may suggest that Gokul Agro Resources delayed paying its suppliers.

Gokul Agro Resources Days Payable Historical Data

The historical data trend for Gokul Agro Resources'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.

Gokul Agro Resources Days Payable Chart

Gokul Agro Resources Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

Get a 7-Day Free Trial

53.86

40.85

33.88

32.37

35.50

Gokul Agro Resources 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															37.91	35.96	43.18	53.67	40.08

Competitive Comparison of Gokul Agro Resources's Days Payable

For the Packaged Foods subindustry, Gokul Agro Resources'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.

Gokul Agro Resources's Days Payable Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Gokul Agro Resources's Days Payable distribution charts can be found below:

* The bar in red indicates where Gokul Agro Resources's Days Payable falls into.

Gokul Agro Resources 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.

Gokul Agro Resources'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
=	( (9276.141	+	16565.967)	/	2 )	/	132842.226	*	365
=	12921.054					/	132842.226	*	365
=	35.50

Gokul Agro Resources'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
=	( (0	+	16565.967)	/	1 )	/	37714.515	*	365 / 4
=	16565.967					/	37714.515	*	365 / 4
=	40.08

Gokul Agro Resources Days Payable Related Terms

Thank you for viewing the detailed overview of Gokul Agro Resources's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Gokul Agro Resources (NSE:GOKULAGRO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Gokul Agro Resources Ltd (NSE:GOKULAGRO) » Definitions » Days Payable

Traded in Other Exchanges

539725:India

Address

S.G. Highway, Crown - 3, Inspire Business Park, Near Vaishnodevi Circle, Ahmedabad, GJ, IND, 380005

Website

https://www.gokulagro.com

Gokul Agro Resources Ltd is engaged in the business of manufacturing and trading of edible and non-edible oil, meals and other agricultural products. The company operates in one business segment that is Agro Based Commodities. The organization offers agro-based commodities under various product groups, including soybean, palmolive, cottonseed oil, sunflower oil, castor oil, oil cakes, de-oiled cakes, Vanaspati, oilseeds, and other agro-commodities. Its Oleochemical Products include soya acid oil and palm fatty acid distillate.

Gokul Agro Resources (NSE:GOKULAGRO) Headlines

No Headlines