Shanthala FMCG Products (NSE:SHANTHALA) Days Payable : 2.44 (As of Mar. 2023)

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What is Shanthala FMCG Products Days Payable?

Shanthala FMCG Products's average Accounts Payable for the six months ended in Mar. 2023 was ₹2.6 Mil. Shanthala FMCG Products's Cost of Goods Sold for the six months ended in Mar. 2023 was ₹393.6 Mil. Hence, Shanthala FMCG Products's Days Payable for the six months ended in Mar. 2023 was 1.22.

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

NSE:SHANTHALA' s Days Payable Range Over the Past 10 Years
Min: 1.9 Med: 2.01 Max: 2.44
Current: 2.44

During the past 3 years, Shanthala FMCG Products's highest Days Payable was 2.44. The lowest was 1.90. And the median was 2.01.

NSE:SHANTHALA's Days Payable is ranked worse than
98.73% of 471 companies
in the Conglomerates industry
Industry Median: 59.54 vs NSE:SHANTHALA: 2.44

Shanthala FMCG Products's Days Payable increased from Mar. 2021 (1.90) to Mar. 2023 (2.44). It may suggest that Shanthala FMCG Products delayed paying its suppliers.

Shanthala FMCG Products Days Payable Historical Data

The historical data trend for Shanthala FMCG Products'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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Shanthala FMCG Products Days Payable Chart

Shanthala FMCG Products Annual Data

Trend

Mar21

Mar22

Mar23

Days Payable

1.90

2.01

2.44

Shanthala FMCG Products Semi-Annual Data
	Mar21	Mar22	Mar23
Days Payable	1.90	2.01	2.44

Competitive Comparison of Shanthala FMCG Products's Days Payable

For the Conglomerates subindustry, Shanthala FMCG Products'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.

Shanthala FMCG Products's Days Payable Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Shanthala FMCG Products's Days Payable distribution charts can be found below:

* The bar in red indicates where Shanthala FMCG Products's Days Payable falls into.

Shanthala FMCG Products 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.

Shanthala FMCG Products'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
=	( (1.47	+	3.796)	/	2 )	/	393.581	*	365
=	2.633					/	393.581	*	365
=	2.44

Shanthala FMCG Products'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
=	( (1.47	+	3.796)	/	2 )	/	393.581	*	365 / 2
=	2.633					/	393.581	*	365 / 2
=	1.22

Shanthala FMCG Products Days Payable Related Terms

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Shanthala FMCG Products (NSE:SHANTHALA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Shanthala FMCG Products Ltd (NSE:SHANTHALA) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Gandhinagr Bye Pass Road, 7th Block, Kodagu, Virajpet, KA, IND, 571218

Website

https://www.shanthalafmcg.com

Shanthala FMCG Products Ltd is an FMCG product distributor for large-size FMCG Companies in India for whom It distributes Branded packaged foods, Personal care products, Education & stationery products, Matches & Agarbatti and tobacco products. It is also a distributor for one of the largest FMCG MNC Company in India. It distributes branded Beauty & wellbeing, Nutrition, Personal care & Home care products for them.

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