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Singer India (BOM:505729) Days Payable : 68.44 (As of Dec. 2023)


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What is Singer India Days Payable?

Singer India's average Accounts Payable for the three months ended in Dec. 2023 was ₹569 Mil. Singer India's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹759 Mil. Hence, Singer India's Days Payable for the three months ended in Dec. 2023 was 68.44.

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

BOM:505729' s Days Payable Range Over the Past 10 Years
Min: 34.22   Med: 63.86   Max: 83.31
Current: 63.86

During the past 13 years, Singer India's highest Days Payable was 83.31. The lowest was 34.22. And the median was 63.86.

BOM:505729's Days Payable is ranked worse than
51.72% of 408 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 66.11 vs BOM:505729: 63.86

Singer India's Days Payable increased from Dec. 2022 (51.56) to Dec. 2023 (68.44). It may suggest that Singer India delayed paying its suppliers.


Singer India Days Payable Historical Data

The historical data trend for Singer India'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.

Singer India Days Payable Chart

Singer India Annual Data
Trend Jun14 Jun15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 65.52 74.32 83.31 72.69 63.86

Singer India Quarterly Data
Mar19 Jun19 Sep19 Dec19 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 51.56 61.09 69.27 65.42 68.44

Competitive Comparison of Singer India's Days Payable

For the Furnishings, Fixtures & Appliances subindustry, Singer India'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.


Singer India's Days Payable Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Singer India's Days Payable distribution charts can be found below:

* The bar in red indicates where Singer India's Days Payable falls into.



Singer India 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.

Singer India'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
=( (648.402 + 605.6) / 2 ) / 3583.5*365
=627.001 / 3583.5*365
=63.86

Singer India'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
=( (569.1 + 0) / 1 ) / 758.8*365 / 4
=569.1 / 758.8*365 / 4
=68.44

* 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.


Singer India Days Payable Related Terms

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Singer India (BOM:505729) Business Description

Traded in Other Exchanges
N/A
Address
Mohan Cooperative Industrial Estate, A-26/4, 2nd Floor, New Delhi, IND, 110044
Singer India Ltd is an Indian-based firm engaged in the business of trading and manufacturing sewing products and also conducts trading in domestic appliances. The company operates in two business segments namely, the Sewing machines and related accessories segment comprises of production and distribution of sewing products which includes sewing machine accessories and related products which also contribute to revenue, and the Domestic appliances segment includes steam irons, food processors, mixers, and air coolers. The majority of the revenue is from the Sewing machines and related accessories segment.

Singer India (BOM:505729) Headlines

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