Kewal Kiran Clothing (BOM:532732) Days Payable : 44.01 (As of Dec. 2023)

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What is Kewal Kiran Clothing Days Payable?

Kewal Kiran Clothing's average Accounts Payable for the three months ended in Dec. 2023 was ₹547 Mil. Kewal Kiran Clothing's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹1,135 Mil. Hence, Kewal Kiran Clothing's Days Payable for the three months ended in Dec. 2023 was 44.01.

The historical rank and industry rank for Kewal Kiran Clothing's Days Payable or its related term are showing as below:

BOM:532732' s Days Payable Range Over the Past 10 Years
Min: 41.28 Med: 63.4 Max: 87.49
Current: 44.43

During the past 13 years, Kewal Kiran Clothing's highest Days Payable was 87.49. The lowest was 41.28. And the median was 63.40.

BOM:532732's Days Payable is ranked worse than
61.12% of 1021 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 56.44 vs BOM:532732: 44.43

Kewal Kiran Clothing's Days Payable declined from Dec. 2022 (57.93) to Dec. 2023 (44.01). It may suggest that Kewal Kiran Clothing accelerated paying its suppliers.

Kewal Kiran Clothing Days Payable Historical Data

The historical data trend for Kewal Kiran Clothing'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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Kewal Kiran Clothing Days Payable Chart

Kewal Kiran Clothing Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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66.76

65.83

87.49

45.76

41.28

Kewal Kiran Clothing 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															57.93	51.60	46.49	33.98	44.01

Competitive Comparison of Kewal Kiran Clothing's Days Payable

For the Apparel Manufacturing subindustry, Kewal Kiran Clothing'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.

Kewal Kiran Clothing's Days Payable Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Kewal Kiran Clothing's Days Payable falls into.

Kewal Kiran Clothing 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.

Kewal Kiran Clothing'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
=	( (534.345	+	480.987)	/	2 )	/	4488.676	*	365
=	507.666					/	4488.676	*	365
=	41.28

Kewal Kiran Clothing'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
=	( (566.2	+	528.5)	/	2 )	/	1135	*	365 / 4
=	547.35					/	1135	*	365 / 4
=	44.01

Kewal Kiran Clothing Days Payable Related Terms

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Kewal Kiran Clothing (BOM:532732) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Kewal Kiran Clothing Ltd (BOM:532732) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

KKCL:India

Address

I.B. Patel Road, 460/7, Kewal Kiran Estate, Near Western Express Highway, Goregaon (East), Mumbai, MH, IND, 400 063

Website

https://www.kewalkiran.com

Kewal Kiran Clothing Ltd is an Indian company. The company is engaged in manufacturing, marketing, and retailing of branded readymade garments and finished accessories. Its brand includes Killer, Easies, LawmanPg3, K-Lounge and Integriti. The company has a presence in Asia, the Middle East, and CIS.

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