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Suumaya Industries (NSE:SUULD) Days Payable : 35.94 (As of Dec. 2023)


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What is Suumaya Industries Days Payable?

Suumaya Industries's average Accounts Payable for the three months ended in Dec. 2023 was ₹4,346 Mil. Suumaya Industries's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹11,033 Mil. Hence, Suumaya Industries's Days Payable for the three months ended in Dec. 2023 was 35.94.

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

NSE:SUULD' s Days Payable Range Over the Past 10 Years
Min: 16.18   Med: 60.77   Max: 183.89
Current: 141.64

During the past 10 years, Suumaya Industries's highest Days Payable was 183.89. The lowest was 16.18. And the median was 60.77.

NSE:SUULD's Days Payable is ranked better than
85.37% of 1080 companies
in the Retail - Cyclical industry
Industry Median: 56.77 vs NSE:SUULD: 141.64

Suumaya Industries's Days Payable declined from Dec. 2022 (354.21) to Dec. 2023 (35.94). It may suggest that Suumaya Industries accelerated paying its suppliers.


Suumaya Industries Days Payable Historical Data

The historical data trend for Suumaya 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.

* Premium members only.

Suumaya Industries Days Payable Chart

Suumaya Industries Annual Data
Trend Mar13 Mar14 Mar15 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 60.77 59.50 183.89 61.00 143.96

Suumaya Industries Quarterly Data
Mar18 Sep18 Mar19 Sep19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 354.21 1,042.05 4,180.61 1,593.19 35.94

Competitive Comparison of Suumaya Industries's Days Payable

For the Apparel Retail subindustry, Suumaya 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.


Suumaya Industries's Days Payable Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Suumaya Industries's Days Payable distribution charts can be found below:

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



Suumaya 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.

Suumaya 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
=( (918.5 + 4233.3) / 2 ) / 6531.1*365
=2575.9 / 6531.1*365
=143.96

Suumaya Industries's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

Days Payable (Q: Dec. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2023 ) + Accounts Payable (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (4345.7 + 0) / 1 ) / 11033.2*365 / 4
=4345.7 / 11033.2*365 / 4
=35.94

* 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.


Suumaya Industries Days Payable Related Terms

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Suumaya Industries (NSE:SUULD) Business Description

Traded in Other Exchanges
N/A
Address
Western Express Highway, Wing B, 20th Floor, Lotus Corporate Park, Goregaon East, Mumbai, MH, IND, 400063
Suumaya Industries Ltd is an India based company. The company's operating segment includes Textile; Retail and Agri produce. It generates maximum revenue from Agri produce segment. Agri produce segment business deals with a supply chain of various agri commodities such as wheat, rice, and dal.

Suumaya Industries (NSE:SUULD) Headlines

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