Pramara Promotions (NSE:PRAMARA) Days Payable : 105.47 (As of Mar. 2023)

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What is Pramara Promotions Days Payable?

Pramara Promotions's average Accounts Payable for the six months ended in Mar. 2023 was ₹106.2 Mil. Pramara Promotions's Cost of Goods Sold for the six months ended in Mar. 2023 was ₹367.6 Mil. Hence, Pramara Promotions's Days Payable for the six months ended in Mar. 2023 was 52.74.

The historical rank and industry rank for Pramara Promotions's Days Payable or its related term are showing as below:

NSE:PRAMARA' s Days Payable Range Over the Past 10 Years
Min: 44.73 Med: 79.12 Max: 105.47
Current: 105.47

During the past 3 years, Pramara Promotions's highest Days Payable was 105.47. The lowest was 44.73. And the median was 79.12.

NSE:PRAMARA's Days Payable is ranked better than
59.09% of 919 companies
in the Media - Diversified industry
Industry Median: 79.28 vs NSE:PRAMARA: 105.47

Pramara Promotions's Days Payable increased from Mar. 2021 (44.73) to Mar. 2023 (105.47). It may suggest that Pramara Promotions delayed paying its suppliers.

Pramara Promotions Days Payable Historical Data

The historical data trend for Pramara Promotions'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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Pramara Promotions Days Payable Chart

Pramara Promotions Annual Data

Trend

Mar21

Mar22

Mar23

Days Payable

44.73

79.12

105.47

Pramara Promotions Semi-Annual Data
	Mar21	Mar22	Mar23
Days Payable	44.73	79.12	105.47

Competitive Comparison of Pramara Promotions's Days Payable

For the Advertising Agencies subindustry, Pramara Promotions'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.

Pramara Promotions's Days Payable Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Pramara Promotions's Days Payable distribution charts can be found below:

* The bar in red indicates where Pramara Promotions's Days Payable falls into.

Pramara Promotions 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.

Pramara Promotions'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
=	( (121.213	+	91.206)	/	2 )	/	367.555	*	365
=	106.2095					/	367.555	*	365
=	105.47

Pramara Promotions'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
=	( (121.213	+	91.206)	/	2 )	/	367.555	*	365 / 2
=	106.2095					/	367.555	*	365 / 2
=	52.74

Pramara Promotions Days Payable Related Terms

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Pramara Promotions (NSE:PRAMARA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Pramara Promotions Ltd (NSE:PRAMARA) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

CTS No. 4 ETC Chandivali Farm Road, A-208, Boomerang Equity Bussi Park, Sakinaka, Andheri East, Mumbai, MH, IND, 400072

Website

http://www.pramara.com

Pramara Promotions Ltd is a promotional marketing agency. The company is engaged in the business of ideation, conceptualization, designing manufacturing, and marketing of promotional products and gift items for clients across sectors, such as FMCG, QSR, pharma, beverage companies non-alcoholic and alcoholic, cosmetic, telecom, media, and others. It offers services such as Cross Promotions, Loyalty and rewards, Corporate Gifting, Toy Retail, Sweepstakes promotions, and more. The company also manufactures the products under an OEM arrangement, where the company manufactures products such as water bottles, pens, and others which are branded with the company's logo or design and used as promotional merchandise.

Pramara Promotions (NSE:PRAMARA) Headlines

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