Bizotic Commercial (BOM:543926) Days Payable : 76.12 (As of Mar. 2024)

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What is Bizotic Commercial Days Payable?

Bizotic Commercial's average Accounts Payable for the six months ended in Mar. 2024 was ₹176.6 Mil. Bizotic Commercial's Cost of Goods Sold for the six months ended in Mar. 2024 was ₹423.5 Mil. Hence, Bizotic Commercial's Days Payable for the six months ended in Mar. 2024 was 76.12.

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

BOM:543926' s Days Payable Range Over the Past 10 Years
Min: 85.66 Med: 210.16 Max: 272.54
Current: 100.89

During the past 6 years, Bizotic Commercial's highest Days Payable was 272.54. The lowest was 85.66. And the median was 210.16.

BOM:543926's Days Payable is ranked better than
76.92% of 1014 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 56.335 vs BOM:543926: 100.89

Bizotic Commercial's Days Payable increased from Mar. 2023 (0.00) to Mar. 2024 (76.12). It may suggest that Bizotic Commercial delayed paying its suppliers.

Bizotic Commercial Days Payable Historical Data

The historical data trend for Bizotic Commercial'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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Bizotic Commercial Days Payable Chart

Bizotic Commercial Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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262.72

272.54

161.28

190.54

85.66

Bizotic Commercial Semi-Annual Data
	Mar19	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23	Mar24
Days Payable	Get a 7-Day Free Trial			-	-	-	172.18	76.12

Competitive Comparison of Bizotic Commercial's Days Payable

For the Apparel Manufacturing subindustry, Bizotic Commercial'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.

Bizotic Commercial's Days Payable Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Bizotic Commercial's Days Payable falls into.

Bizotic Commercial 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.

Bizotic Commercial'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
=	( (0	+	149.968)	/	1 )	/	639.05	*	365
=	149.968					/	639.05	*	365
=	85.66

Bizotic Commercial'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: Sep. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (203.327	+	149.968)	/	2 )	/	423.536	*	365 / 2
=	176.6475					/	423.536	*	365 / 2
=	76.12

Bizotic Commercial Days Payable Related Terms

Thank you for viewing the detailed overview of Bizotic Commercial's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Bizotic Commercial (BOM:543926) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Bizotic Commercial Ltd (BOM:543926) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Khokhra Circle, D-8, Samet Business Park, Near Parishkar, Khokhra, Ahmedabad, GJ, IND, 380008

Website

https://www.urbanunited.in

Bizotic Commercial Ltd manufactures, designs, and markets readymade garments, offering a diverse range of men's Formal Wear, Casual Wear, Party Wear, Fit Wear, Sports Wear, Comfort Wear, Ethnic Wear, and Winter Wear. It serves its customers through the channels of retail stores and e-commerce. its garment manufacturing process includes cutting, stitching, sewing, finishing, inspection, and packing. The company outsources the entire garments manufacturing on a job work basis from third-party contractors from time to time and provides the technical specifications such as designs, pattern, quality, fabric, etc. to them who, based on the specifications, procure the requisite raw materials at their costs and begin the manufacturing process.

Bizotic Commercial (BOM:543926) Headlines

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