Mahip Industries (BOM:542503) Days Payable : 0.00 (As of Mar. 2023)

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What is Mahip Industries Days Payable?

Mahip Industries's average Accounts Payable for the six months ended in Mar. 2023 was ₹95.71 Mil. Mahip Industries's Cost of Goods Sold for the six months ended in Mar. 2023 was ₹0.00 Mil.

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

BOM:542503' s Days Payable Range Over the Past 10 Years
Min: 7.89 Med: 13.36 Max: 314.15
Current: 244.67

During the past 11 years, Mahip Industries's highest Days Payable was 314.15. The lowest was 7.89. And the median was 13.36.

BOM:542503's Days Payable is not ranked
in the Packaging & Containers industry.
Industry Median: 59.19 vs BOM:542503: 244.67

Mahip Industries's Days Payable declined from Mar. 2022 (273.45) to Mar. 2023 (0.00). It may suggest that Mahip Industries accelerated paying its suppliers.

Mahip Industries Days Payable Historical Data

The historical data trend for Mahip 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.

Mahip Industries Days Payable Chart

Mahip Industries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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209.61

274.47

314.15

244.67

Mahip Industries Semi-Annual Data
	Mar14	Mar15	Mar16	Mar17	Mar18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Mar24
Days Payable	Get a 7-Day Free Trial										352.84	273.45	-	-	-

Competitive Comparison of Mahip Industries's Days Payable

For the Packaging & Containers subindustry, Mahip 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.

Mahip Industries's Days Payable Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Mahip Industries's Days Payable distribution charts can be found below:

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

Mahip 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.

Mahip Industries'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
=	( (68.333	+	8.537)	/	2 )	/	57.337	*	365
=	38.435					/	57.337	*	365
=	244.67

Mahip Industries's Days Payable for the quarter that ended in Mar. 2023 is calculated as:

	Days Payable (Q: Mar. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2022 )	+	Accounts Payable (Q: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2023 )	*	Days in Period
=	( (123.078	+	68.333)	/	2 )	/	0	*	365 / 2
=	95.7055					/	0	*	365 / 2
=	N/A

Mahip Industries Days Payable Related Terms

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Mahip Industries (BOM:542503) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Mahip Industries Ltd (BOM:542503) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Makarba, S.G. Road, A-902, Safal Solitaire, Near Divya Bhaskar, Ahmedabad, GJ, IND, 380015

Website

http://www.mahipindustriesltd.in

Mahip Industries Ltd is a manufacturer and trader of corrugated boxes. The company offers corrugated boxes for milk and biscuits, for drugs and medicines, processed and semi-processed foods, edible oils, fruits and vegetables, and for electronic goods.

Mahip Industries (BOM:542503) Headlines

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