Libas Consumer Products (NSE:LIBAS) Days Payable : 134.97 (As of Sep. 2023)

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What is Libas Consumer Products Days Payable?

Libas Consumer Products's average Accounts Payable for the three months ended in Sep. 2023 was ₹178.8 Mil. Libas Consumer Products's Cost of Goods Sold for the three months ended in Sep. 2023 was ₹120.9 Mil. Hence, Libas Consumer Products's Days Payable for the three months ended in Sep. 2023 was 134.97.

The historical rank and industry rank for Libas Consumer Products's Days Payable or its related term are showing as below:

NSE:LIBAS' s Days Payable Range Over the Past 10 Years
Min: 23.95 Med: 69.95 Max: 175.65
Current: 70.77

During the past 12 years, Libas Consumer Products's highest Days Payable was 175.65. The lowest was 23.95. And the median was 69.95.

NSE:LIBAS's Days Payable is ranked better than
61.19% of 1023 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 56.86 vs NSE:LIBAS: 70.77

Libas Consumer Products's Days Payable increased from Sep. 2022 (36.80) to Sep. 2023 (134.97). It may suggest that Libas Consumer Products delayed paying its suppliers.

Libas Consumer Products Days Payable Historical Data

The historical data trend for Libas Consumer Products'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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Libas Consumer Products Days Payable Chart

Libas Consumer Products Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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38.81

23.95

41.17

51.15

64.35

Libas Consumer Products Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Payable	Get a 7-Day Free Trial															36.80	58.78	48.16	46.99	134.97

Competitive Comparison of Libas Consumer Products's Days Payable

For the Apparel Manufacturing subindustry, Libas Consumer Products'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.

Libas Consumer Products's Days Payable Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Libas Consumer Products's Days Payable falls into.

Libas Consumer Products 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.

Libas Consumer Products'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
=	( (129.051	+	94.917)	/	2 )	/	635.23	*	365
=	111.984					/	635.23	*	365
=	64.35

Libas Consumer Products'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: Jun. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (0	+	178.845)	/	1 )	/	120.91	*	365 / 4
=	178.845					/	120.91	*	365 / 4
=	134.97

Libas Consumer Products Days Payable Related Terms

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Libas Consumer Products (NSE:LIBAS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Libas Consumer Products Ltd (NSE:LIBAS) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Off New Link Road, Lokhanwala Complex, 401, 4th Floor, Crescent Royale, Andheri (West), Mumbai, MH, IND, 400053

Website

https://www.riyazgangjilibasconsumerproductltd.com

Libas Consumer Products Ltd is an Indian firm engaged in the business of manufacturing apparel. The company offers clothing for men and women which includes shirts, trousers, blazers, jackets, suits, sarees, among others. The business operates in a single segment being manufacturing and dealing in textiles. It derives revenue from the domestic sale of goods.

Libas Consumer Products (NSE:LIBAS) Headlines

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