Jetmall Spices and Masala (BOM:543286) Days Payable : 246.27 (As of Sep. 2023)

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What is Jetmall Spices and Masala Days Payable?

Jetmall Spices and Masala's average Accounts Payable for the six months ended in Sep. 2023 was ₹4.23 Mil. Jetmall Spices and Masala's Cost of Goods Sold for the six months ended in Sep. 2023 was ₹3.13 Mil. Hence, Jetmall Spices and Masala's Days Payable for the six months ended in Sep. 2023 was 246.27.

The historical rank and industry rank for Jetmall Spices and Masala's Days Payable or its related term are showing as below:

BOM:543286' s Days Payable Range Over the Past 10 Years
Min: 16.46 Med: 40.95 Max: 62.51
Current: 42.91

During the past 6 years, Jetmall Spices and Masala's highest Days Payable was 62.51. The lowest was 16.46. And the median was 40.95.

BOM:543286's Days Payable is ranked worse than
52.1% of 309 companies
in the Retail - Defensive industry
Industry Median: 43.96 vs BOM:543286: 42.91

Jetmall Spices and Masala's Days Payable increased from Sep. 2022 (38.22) to Sep. 2023 (246.27). It may suggest that Jetmall Spices and Masala delayed paying its suppliers.

Jetmall Spices and Masala Days Payable Historical Data

The historical data trend for Jetmall Spices and Masala'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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Jetmall Spices and Masala Days Payable Chart

Jetmall Spices and Masala Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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62.51

43.64

33.96

16.46

38.25

Jetmall Spices and Masala Semi-Annual Data
	Mar18	Mar19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Payable	Get a 7-Day Free Trial					11.08	50.31	38.22	23.80	246.27

Competitive Comparison of Jetmall Spices and Masala's Days Payable

For the Food Distribution subindustry, Jetmall Spices and Masala'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.

Jetmall Spices and Masala's Days Payable Distribution in the Retail - Defensive Industry

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

* The bar in red indicates where Jetmall Spices and Masala's Days Payable falls into.

Jetmall Spices and Masala 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.

Jetmall Spices and Masala'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
=	( (1.272	+	5.105)	/	2 )	/	30.424	*	365
=	3.1885					/	30.424	*	365
=	38.25

Jetmall Spices and Masala's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

	Days Payable (Q: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (5.105	+	3.345)	/	2 )	/	3.131	*	365 / 2
=	4.225					/	3.131	*	365 / 2
=	246.27

Jetmall Spices and Masala Days Payable Related Terms

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Jetmall Spices and Masala (BOM:543286) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Jetmall Spices and Masala Ltd (BOM:543286) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 33/1, Ritherdon Road, Vepery, Chennai, TN, IND, 600 007

Website

https://www.jetmallltd.in

Jetmall Spices and Masala Ltd is engaged in business of Manufacturing & trading of food and processed foods. Company is dealing in only one segment of business that is trading of Spices, Masala, Food Grains and Kirana Products.

Jetmall Spices and Masala (BOM:543286) Headlines

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