Gokaldas Exports (BOM:532630) Days Payable : 29.38 (As of Dec. 2023)

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What is Gokaldas Exports Days Payable?

Gokaldas Exports's average Accounts Payable for the three months ended in Dec. 2023 was ₹799 Mil. Gokaldas Exports's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹2,483 Mil. Hence, Gokaldas Exports's Days Payable for the three months ended in Dec. 2023 was 29.38.

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

BOM:532630' s Days Payable Range Over the Past 10 Years
Min: 29.48 Med: 53.95 Max: 74.45
Current: 30.13

During the past 13 years, Gokaldas Exports's highest Days Payable was 74.45. The lowest was 29.48. And the median was 53.95.

BOM:532630's Days Payable is ranked worse than
75.51% of 1021 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 56.44 vs BOM:532630: 30.13

Gokaldas Exports's Days Payable declined from Dec. 2022 (29.69) to Dec. 2023 (29.38). It may suggest that Gokaldas Exports accelerated paying its suppliers.

Gokaldas Exports Days Payable Historical Data

The historical data trend for Gokaldas Exports'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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Gokaldas Exports Days Payable Chart

Gokaldas Exports Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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60.35

50.63

57.99

40.61

30.98

Gokaldas Exports 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															29.69	27.59	29.99	30.95	29.38

Competitive Comparison of Gokaldas Exports's Days Payable

For the Apparel Manufacturing subindustry, Gokaldas Exports'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.

Gokaldas Exports's Days Payable Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Gokaldas Exports's Days Payable distribution charts can be found below:

* The bar in red indicates where Gokaldas Exports's Days Payable falls into.

Gokaldas Exports 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.

Gokaldas Exports'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
=	( (1178.433	+	840.114)	/	2 )	/	11890.372	*	365
=	1009.2735					/	11890.372	*	365
=	30.98

Gokaldas Exports'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
=	( (799.374	+	0)	/	1 )	/	2482.777	*	365 / 4
=	799.374					/	2482.777	*	365 / 4
=	29.38

Gokaldas Exports Days Payable Related Terms

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Gokaldas Exports (BOM:532630) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Gokaldas Exports Ltd (BOM:532630) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

GOKEX:India

Address

No. 25, Second Cross, Third Main, Industrial Suburb, Yeshwantpur, Bangalore, KA, IND, 560 022

Website

https://www.gokaldasexports.com

Gokaldas Exports Ltd is a manufacturer and exporter of apparel in India. Its principal business activities include the design, manufacture, and sale of a wide range of garments for men, women, and children and caters to the needs of several international fashion brands and retailers. The company mainly operates in two geographical areas - India and the rest of the world. Its principal source of revenue for the company is the export of garments and related products.

Gokaldas Exports (BOM:532630) Headlines

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