Chandrima Mercantiles (BOM:540829) Days Payable : 142.13 (As of Mar. 2024)

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What is Chandrima Mercantiles Days Payable?

Chandrima Mercantiles's average Accounts Payable for the three months ended in Mar. 2024 was ₹136.5 Mil. Chandrima Mercantiles's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹87.7 Mil. Hence, Chandrima Mercantiles's Days Payable for the three months ended in Mar. 2024 was 142.13.

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

BOM:540829' s Days Payable Range Over the Past 10 Years
Min: 21.3 Med: 134.61 Max: 355.9
Current: 355.9

During the past 11 years, Chandrima Mercantiles's highest Days Payable was 355.90. The lowest was 21.30. And the median was 134.61.

BOM:540829's Days Payable is ranked better than
98.68% of 302 companies
in the Retail - Defensive industry
Industry Median: 44.62 vs BOM:540829: 355.90

Chandrima Mercantiles's Days Payable increased from Mar. 2023 (132.27) to Mar. 2024 (142.13). It may suggest that Chandrima Mercantiles delayed paying its suppliers.

Chandrima Mercantiles Days Payable Historical Data

The historical data trend for Chandrima Mercantiles'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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Chandrima Mercantiles Days Payable Chart

Chandrima Mercantiles Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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30.29

180.17

301.07

342.43

Chandrima Mercantiles 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															132.27	441.96	772.57	635.35	142.13

Competitive Comparison of Chandrima Mercantiles's Days Payable

For the Food Distribution subindustry, Chandrima Mercantiles'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.

Chandrima Mercantiles's Days Payable Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Chandrima Mercantiles's Days Payable distribution charts can be found below:

* The bar in red indicates where Chandrima Mercantiles's Days Payable falls into.

Chandrima Mercantiles 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.

Chandrima Mercantiles'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
=	( (193.516	+	136.546)	/	2 )	/	175.906	*	365
=	165.031					/	175.906	*	365
=	342.43

Chandrima Mercantiles'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	+	136.546)	/	1 )	/	87.663	*	365 / 4
=	136.546					/	87.663	*	365 / 4
=	142.13

Chandrima Mercantiles Days Payable Related Terms

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Chandrima Mercantiles (BOM:540829) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Chandrima Mercantiles Ltd (BOM:540829) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

100 Feet Anandnagar Road, B-712 Seven Floor Tiitanium City Center, Near Sachin Tower, Ahmedabad, GJ, IND, 380 015

Website

https://www.chandrimamercantiles.co.in

Chandrima Mercantiles Ltd is engaged in trading in agriculture products.

Chandrima Mercantiles (BOM:540829) Headlines

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