Goyallt (NSE:GOYALSALT) Days Payable : 12.42 (As of Mar. 2023)

View and export this data going back to 2023. Start your Free Trial

What is Goyallt Days Payable?

Goyallt's average Accounts Payable for the six months ended in Mar. 2023 was ₹35 Mil. Goyallt's Cost of Goods Sold for the six months ended in Mar. 2023 was ₹1,037 Mil. Hence, Goyallt's Days Payable for the six months ended in Mar. 2023 was 6.21.

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

NSE:GOYALSALT' s Days Payable Range Over the Past 10 Years
Min: 3.18 Med: 11.88 Max: 22.28
Current: 12.42

During the past 4 years, Goyallt's highest Days Payable was 22.28. The lowest was 3.18. And the median was 11.88.

NSE:GOYALSALT's Days Payable is ranked worse than
93.79% of 1787 companies
in the Consumer Packaged Goods industry
Industry Median: 45.77 vs NSE:GOYALSALT: 12.42

Goyallt's Days Payable increased from Mar. 2021 (11.33) to Mar. 2023 (12.42). It may suggest that Goyallt delayed paying its suppliers.

Goyallt Days Payable Historical Data

The historical data trend for Goyallt'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.

Goyallt Days Payable Chart

Goyallt Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Days Payable

3.18

11.33

22.28

12.42

Goyallt Semi-Annual Data
	Mar20	Mar21	Mar22	Mar23
Days Payable	3.18	11.33	22.28	12.42

Competitive Comparison of Goyallt's Days Payable

For the Packaged Foods subindustry, Goyallt'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.

Goyallt's Days Payable Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Goyallt's Days Payable distribution charts can be found below:

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

Goyallt 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.

Goyallt'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
=	( (43.505	+	27.059)	/	2 )	/	1037.053	*	365
=	35.282					/	1037.053	*	365
=	12.42

Goyallt'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: Mar. 2022 )	+	Accounts Payable (Q: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2023 )	*	Days in Period
=	( (43.505	+	27.059)	/	2 )	/	1037.053	*	365 / 2
=	35.282					/	1037.053	*	365 / 2
=	6.21

Goyallt Days Payable Related Terms

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

Goyallt (NSE:GOYALSALT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Goyal Salt Ltd (NSE:GOYALSALT) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

Plot No. 229-230, Guru Jambeshwar Nagar, Lane No. 7 Gandhi Path, Vaishali Nagar, Jaipur, RJ, IND, 302021

Website

https://www.goyalsaltltd.com

Goyal Salt Ltd is a company which is primarily engaged in the business of refining of raw salts procured from sub soil brine in the state of Rajasthan for useable as industrial salts and edible salts. It refines and supplies pure, refined and quality range of triple refined free flow iodized salt, industrial salt, double fortified salt and triple refined half dry salt.

Goyallt (NSE:GOYALSALT) Headlines

No Headlines