Vels Film International (NSE:VELS) Days Payable : 624.04 (As of Sep. 2023)

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What is Vels Film International Days Payable?

Vels Film International's average Accounts Payable for the six months ended in Sep. 2023 was ₹131.9 Mil. Vels Film International's Cost of Goods Sold for the six months ended in Sep. 2023 was ₹38.6 Mil. Hence, Vels Film International's Days Payable for the six months ended in Sep. 2023 was 624.04.

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

NSE:VELS' s Days Payable Range Over the Past 10 Years
Min: 23.55 Med: 102.62 Max: 744.43
Current: 744.43

During the past 4 years, Vels Film International's highest Days Payable was 744.43. The lowest was 23.55. And the median was 102.62.

NSE:VELS's Days Payable is ranked better than
93.47% of 919 companies
in the Media - Diversified industry
Industry Median: 79.28 vs NSE:VELS: 744.43

Vels Film International's Days Payable increased from Sep. 2022 (54.12) to Sep. 2023 (624.04). It may suggest that Vels Film International delayed paying its suppliers.

Vels Film International Days Payable Historical Data

The historical data trend for Vels Film International'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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Vels Film International Days Payable Chart

Vels Film International Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Days Payable

23.55

139.48

102.62

Vels Film International Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23
Days Payable	Get a 7-Day Free Trial			-	-	54.12	915.11	624.04

Competitive Comparison of Vels Film International's Days Payable

For the Entertainment subindustry, Vels Film International'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.

Vels Film International's Days Payable Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Vels Film International's Days Payable distribution charts can be found below:

* The bar in red indicates where Vels Film International's Days Payable falls into.

Vels Film International 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.

Vels Film International'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
=	( (105.501	+	122.813)	/	2 )	/	406.045	*	365
=	114.157					/	406.045	*	365
=	102.62

Vels Film International'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
=	( (122.813	+	141.015)	/	2 )	/	38.578	*	365 / 2
=	131.914					/	38.578	*	365 / 2
=	624.04

Vels Film International Days Payable Related Terms

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Vels Film International (NSE:VELS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Vels Film International Ltd (NSE:VELS) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 521/2, Anna Salai Nandanam, Chennai, TN, IND, 60042

Website

https://www.velsfilminternational.com

Vels Film International Ltd is primarily engaged in the business of the production of films and the sale of film rights.

Vels Film International (NSE:VELS) Headlines

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