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Dollar Industries (BOM:541403) Days Payable : 71.19 (As of Dec. 2023)


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What is Dollar Industries Days Payable?

Dollar Industries's average Accounts Payable for the three months ended in Dec. 2023 was ₹1,711 Mil. Dollar Industries's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹2,193 Mil. Hence, Dollar Industries's Days Payable for the three months ended in Dec. 2023 was 71.19.

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

BOM:541403' s Days Payable Range Over the Past 10 Years
Min: 40.91   Med: 62.61   Max: 74.72
Current: 51.12

During the past 13 years, Dollar Industries's highest Days Payable was 74.72. The lowest was 40.91. And the median was 62.61.

BOM:541403's Days Payable is ranked worse than
54.36% of 1021 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 56.44 vs BOM:541403: 51.12

Dollar Industries's Days Payable increased from Dec. 2022 (60.54) to Dec. 2023 (71.19). It may suggest that Dollar Industries delayed paying its suppliers.


Dollar Industries Days Payable Historical Data

The historical data trend for Dollar Industries'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.

Dollar Industries Days Payable Chart

Dollar Industries Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 71.21 74.72 70.24 63.69 56.99

Dollar Industries 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 60.54 38.01 56.52 56.16 71.19

Competitive Comparison of Dollar Industries's Days Payable

For the Apparel Manufacturing subindustry, Dollar Industries'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.


Dollar Industries's Days Payable Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Dollar Industries's Days Payable falls into.



Dollar Industries 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.

Dollar Industries'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
=( (1761.138 + 1375.353) / 2 ) / 10043.491*365
=1568.2455 / 10043.491*365
=56.99

Dollar Industries'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
=( (1710.573 + 0) / 1 ) / 2192.549*365 / 4
=1710.573 / 2192.549*365 / 4
=71.19

* 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.


Dollar Industries Days Payable Related Terms

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Dollar Industries (BOM:541403) Business Description

Traded in Other Exchanges
Address
32, Jawaharlal Nehru Road, 15th Floor, Om Towers, Kolkata, WB, IND, 700 071
Dollar Industries Ltd is engaged in the manufacture of hosiery products in knitted inner wears, casual wears, and thermal wears. The Company is engaged in the manufacturing of garments and hosiery products and generates revenue from the sale of the same. It is also the only reportable segment of the Company. Geographically, it derives a majority of revenue from India. Its brand portfolio includes Dollar Bigboss; Dollar Missy; Force NXT; Dollar Ultra; Dollar Champion; Force Go Wear; Dollar Kids Care; Dollar Lehar; Dollar Comfort; Dollar Commando; Dollar Bravery and Dollar RKG.

Dollar Industries (BOM:541403) Headlines

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