Narbada Gems & Jewellery (BOM:519455) Days Payable : 7.57 (As of Mar. 2024)

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What is Narbada Gems & Jewellery Days Payable?

Narbada Gems & Jewellery's average Accounts Payable for the three months ended in Mar. 2024 was ₹8.2 Mil. Narbada Gems & Jewellery's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹99.4 Mil. Hence, Narbada Gems & Jewellery's Days Payable for the three months ended in Mar. 2024 was 7.57.

The historical rank and industry rank for Narbada Gems & Jewellery's Days Payable or its related term are showing as below:

BOM:519455' s Days Payable Range Over the Past 10 Years
Min: 8.03 Med: 16.07 Max: 44.95
Current: 28.57

During the past 13 years, Narbada Gems & Jewellery's highest Days Payable was 44.95. The lowest was 8.03. And the median was 16.07.

BOM:519455's Days Payable is ranked worse than
73.73% of 1081 companies
in the Retail - Cyclical industry
Industry Median: 56.64 vs BOM:519455: 28.57

Narbada Gems & Jewellery's Days Payable declined from Mar. 2023 (38.53) to Mar. 2024 (7.57). It may suggest that Narbada Gems & Jewellery accelerated paying its suppliers.

Narbada Gems & Jewellery Days Payable Historical Data

The historical data trend for Narbada Gems & Jewellery'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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Narbada Gems & Jewellery Days Payable Chart

Narbada Gems & Jewellery Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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8.03

8.70

14.67

25.45

22.14

Narbada Gems & Jewellery 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															38.53	38.24	40.04	30.75	7.57

Competitive Comparison of Narbada Gems & Jewellery's Days Payable

For the Luxury Goods subindustry, Narbada Gems & Jewellery'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.

Narbada Gems & Jewellery's Days Payable Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Narbada Gems & Jewellery's Days Payable distribution charts can be found below:

* The bar in red indicates where Narbada Gems & Jewellery's Days Payable falls into.

Narbada Gems & Jewellery 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.

Narbada Gems & Jewellery'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
=	( (75.803	+	8.247)	/	2 )	/	692.831	*	365
=	42.025					/	692.831	*	365
=	22.14

Narbada Gems & Jewellery'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	+	8.247)	/	1 )	/	99.442	*	365 / 4
=	8.247					/	99.442	*	365 / 4
=	7.57

Narbada Gems & Jewellery Days Payable Related Terms

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Narbada Gems & Jewellery (BOM:519455) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Narbada Gems & Jewellery Ltd (BOM:519455) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

3-6-291/4/B, 2nd Floor, Hyderguda, Hyderabad, TG, IND, 500029

Website

http://www.narbadajewellery.com

Narbada Gems & Jewellery Ltd is engaged in the business of manufacturing and trading Gold, Color Stones, and Diamond jewellery with an emphasis on rose-cut and flat diamond jewellery. The company provides a selection of contemporary styles and custom jewelry to its clients. It offers a range of jewelry collections product including Gemstone necklace sets, Earrings, and Pendants. the company operates in a single segment which is Jewellery manufacturing. It derives key revenue from India.

Narbada Gems & Jewellery (BOM:519455) Headlines

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