Jiwanram Sheoduttrai Industries (NSE:JIWANRAM) Days Payable : 85.37 (As of Mar. 2023)

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What is Jiwanram Sheoduttrai Industries Days Payable?

Jiwanram Sheoduttrai Industries's average Accounts Payable for the six months ended in Mar. 2023 was ₹73.1 Mil. Jiwanram Sheoduttrai Industries's Cost of Goods Sold for the six months ended in Mar. 2023 was ₹312.4 Mil. Hence, Jiwanram Sheoduttrai Industries's Days Payable for the six months ended in Mar. 2023 was 42.68.

The historical rank and industry rank for Jiwanram Sheoduttrai Industries's Days Payable or its related term are showing as below:

NSE:JIWANRAM' s Days Payable Range Over the Past 10 Years
Min: 85.37 Med: 226.62 Max: 390.37
Current: 85.37

During the past 3 years, Jiwanram Sheoduttrai Industries's highest Days Payable was 390.37. The lowest was 85.37. And the median was 226.62.

NSE:JIWANRAM's Days Payable is ranked better than
69.49% of 1016 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 57.25 vs NSE:JIWANRAM: 85.37

Jiwanram Sheoduttrai Industries's Days Payable declined from Mar. 2021 (390.37) to Mar. 2023 (85.37). It may suggest that Jiwanram Sheoduttrai Industries accelerated paying its suppliers.

Jiwanram Sheoduttrai Industries Days Payable Historical Data

The historical data trend for Jiwanram Sheoduttrai Industries'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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Jiwanram Sheoduttrai Industries Days Payable Chart

Jiwanram Sheoduttrai Industries Annual Data

Trend

Mar21

Mar22

Mar23

Days Payable

390.37

226.62

85.37

Jiwanram Sheoduttrai Industries Semi-Annual Data
	Mar21	Mar22	Mar23
Days Payable	390.37	226.62	85.37

Competitive Comparison of Jiwanram Sheoduttrai Industries's Days Payable

For the Footwear & Accessories subindustry, Jiwanram Sheoduttrai Industries'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.

Jiwanram Sheoduttrai Industries's Days Payable Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Jiwanram Sheoduttrai Industries's Days Payable falls into.

Jiwanram Sheoduttrai Industries 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.

Jiwanram Sheoduttrai Industries'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
=	( (64.691	+	81.458)	/	2 )	/	312.442	*	365
=	73.0745					/	312.442	*	365
=	85.37

Jiwanram Sheoduttrai Industries'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
=	( (64.691	+	81.458)	/	2 )	/	312.442	*	365 / 2
=	73.0745					/	312.442	*	365 / 2
=	42.68

Jiwanram Sheoduttrai Industries Days Payable Related Terms

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Jiwanram Sheoduttrai Industries (NSE:JIWANRAM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Jiwanram Sheoduttrai Industries Ltd (NSE:JIWANRAM) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Shilpangan, LB 1, Module 301 & 302, Phase -1, Sector III, Kolkata, WB, IND, 700098

Website

https://www.jiwanramgroup.com

Jiwanram Sheoduttrai Industries Ltd is engaged in the manufacturing and export of Industrial Safety Gloves and Garments which provides customized solutions in the field of Industrial Safety. Its Products are well-accepted for their quality which covers all its manufacturing range of Gloves, Industrial Garments and other protective PPEs and solution baskets for Industrial Safety. It is majorly engaged in the business of manufacturing and exporting for various brands.

Jiwanram Sheoduttrai Industries (NSE:JIWANRAM) Headlines

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