Simbhaoli Sugars (NSE:SIMBHALS) Days Payable : 151.74 (As of Dec. 2023)

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What is Simbhaoli Sugars Days Payable?

Simbhaoli Sugars's average Accounts Payable for the three months ended in Dec. 2023 was ₹3,991 Mil. Simbhaoli Sugars's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹2,400 Mil. Hence, Simbhaoli Sugars's Days Payable for the three months ended in Dec. 2023 was 151.74.

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

NSE:SIMBHALS' s Days Payable Range Over the Past 10 Years
Min: 181.91 Med: 294.56 Max: 369.61
Current: 181.91

During the past 13 years, Simbhaoli Sugars's highest Days Payable was 369.61. The lowest was 181.91. And the median was 294.56.

NSE:SIMBHALS's Days Payable is ranked better than
92.17% of 1789 companies
in the Consumer Packaged Goods industry
Industry Median: 46.12 vs NSE:SIMBHALS: 181.91

Simbhaoli Sugars's Days Payable declined from Dec. 2022 (158.90) to Dec. 2023 (151.74). It may suggest that Simbhaoli Sugars accelerated paying its suppliers.

Simbhaoli Sugars Days Payable Historical Data

The historical data trend for Simbhaoli Sugars'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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Simbhaoli Sugars Days Payable Chart

Simbhaoli Sugars Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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301.66

369.61

294.60

294.52

252.28

Simbhaoli Sugars Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															158.90	205.30	281.62	145.79	151.74

Competitive Comparison of Simbhaoli Sugars's Days Payable

For the Confectioners subindustry, Simbhaoli Sugars'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.

Simbhaoli Sugars's Days Payable Distribution in the Consumer Packaged Goods Industry

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

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

Simbhaoli Sugars 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.

Simbhaoli Sugars'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
=	( (7391.732	+	7144.208)	/	2 )	/	10515.49	*	365
=	7267.97					/	10515.49	*	365
=	252.28

Simbhaoli Sugars's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (3990.696	+	0)	/	1 )	/	2399.805	*	365 / 4
=	3990.696					/	2399.805	*	365 / 4
=	151.74

Simbhaoli Sugars Days Payable Related Terms

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Simbhaoli Sugars (NSE:SIMBHALS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Simbhaoli Sugars Ltd (NSE:SIMBHALS) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

539742:India

Address

A-112, Sector 63, Noida, UP, IND, 201307

Website

https://www.simbhaolisugars.com

Simbhaoli Sugars Ltd is a technology-driven company engaged in the business of manufacturing refined sugar, specialty sugars, extra neutral alcohol, ethanol, sanitizer, and bio-manure. It is also engaged in the generation of power. The company operates through two segments, namely, Sugar and Alcohol, with the majority of the revenue being generated from the Sugar segment. Its product portfolio includes a variety of sugar such as Sulphurless Sugar, Superfine Suger, Icing Sugar, White Sugar Cubes, Classic Mishri, Classic Sugar Sachet, Brown Mineral Sugar, Coffee Sugar, Jaggery, Jaggery Powder, etc.

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