Vaibhav Global (NSE:VAIBHAVGBL) Days Payable : 75.14 (As of Mar. 2024)

View and export this data going back to 2004. Start your Free Trial

What is Vaibhav Global Days Payable?

Vaibhav Global's average Accounts Payable for the three months ended in Mar. 2024 was ₹2,244 Mil. Vaibhav Global's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹2,725 Mil. Hence, Vaibhav Global's Days Payable for the three months ended in Mar. 2024 was 75.14.

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

NSE:VAIBHAVGBL' s Days Payable Range Over the Past 10 Years
Min: 48.73 Med: 68.45 Max: 99.5
Current: 81.1

During the past 13 years, Vaibhav Global's highest Days Payable was 99.50. The lowest was 48.73. And the median was 68.45.

NSE:VAIBHAVGBL's Days Payable is ranked better than
67.07% of 1081 companies
in the Retail - Cyclical industry
Industry Median: 56.64 vs NSE:VAIBHAVGBL: 81.10

Vaibhav Global's Days Payable declined from Mar. 2023 (93.92) to Mar. 2024 (75.14). It may suggest that Vaibhav Global accelerated paying its suppliers.

Vaibhav Global Days Payable Historical Data

The historical data trend for Vaibhav Global'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.

Vaibhav Global Days Payable Chart

Vaibhav Global Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

Get a 7-Day Free Trial

63.75

57.93

77.39

99.50

81.63

Vaibhav Global 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															93.92	98.56	84.64	69.19	75.14

Competitive Comparison of Vaibhav Global's Days Payable

For the Luxury Goods subindustry, Vaibhav Global'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.

Vaibhav Global's Days Payable Distribution in the Retail - Cyclical Industry

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

* The bar in red indicates where Vaibhav Global's Days Payable falls into.

Vaibhav Global 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.

Vaibhav Global'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
=	( (2568.287	+	2243.516)	/	2 )	/	10758.36	*	365
=	2405.9015					/	10758.36	*	365
=	81.63

Vaibhav Global'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	+	2243.516)	/	1 )	/	2724.601	*	365 / 4
=	2243.516					/	2724.601	*	365 / 4
=	75.14

Vaibhav Global Days Payable Related Terms

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

Vaibhav Global (NSE:VAIBHAVGBL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Vaibhav Global Ltd (NSE:VAIBHAVGBL) » Definitions » Days Payable

Traded in Other Exchanges

532156:India

Address

E-69, EPIP, Sitapura, Jaipur, RJ, IND, 302022

Website

https://www.vaibhavglobal.com

Vaibhav Global Ltd is engaged in the manufacturing, selling, and exporting of jewelry which includes coloured gemstones, precious stones, and studded jewelry. The company's geographical segments include the United States of America, the United Kingdom, India, and Other Countries. It generates a majority of its revenue from the United States of America. The company's only reportable segment is the manufacturing/ trading and retail of fashion and lifestyle products.

Vaibhav Global (NSE:VAIBHAVGBL) Headlines

No Headlines