Jain Irrigation Systems (BOM:500219) Days Payable : 123.20 (As of Dec. 2023)

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What is Jain Irrigation Systems Days Payable?

Jain Irrigation Systems's average Accounts Payable for the three months ended in Dec. 2023 was ₹10,470 Mil. Jain Irrigation Systems's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹7,755 Mil. Hence, Jain Irrigation Systems's Days Payable for the three months ended in Dec. 2023 was 123.20.

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

BOM:500219' s Days Payable Range Over the Past 10 Years
Min: 107.97 Med: 143.54 Max: 154.69
Current: 107.97

During the past 13 years, Jain Irrigation Systems's highest Days Payable was 154.69. The lowest was 107.97. And the median was 143.54.

BOM:500219's Days Payable is ranked better than
65.37% of 205 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 70.99 vs BOM:500219: 107.97

Jain Irrigation Systems's Days Payable increased from Dec. 2022 (118.73) to Dec. 2023 (123.20). It may suggest that Jain Irrigation Systems delayed paying its suppliers.

Jain Irrigation Systems Days Payable Historical Data

The historical data trend for Jain Irrigation Systems'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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Jain Irrigation Systems Days Payable Chart

Jain Irrigation Systems Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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144.77

154.69

118.59

134.71

109.56

Jain Irrigation Systems 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															118.73	80.65	90.48	126.32	123.20

Competitive Comparison of Jain Irrigation Systems's Days Payable

For the Farm & Heavy Construction Machinery subindustry, Jain Irrigation Systems'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.

Jain Irrigation Systems's Days Payable Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Jain Irrigation Systems's Days Payable distribution charts can be found below:

* The bar in red indicates where Jain Irrigation Systems's Days Payable falls into.

Jain Irrigation Systems 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.

Jain Irrigation Systems'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
=	( (11009.9	+	10010.54)	/	2 )	/	35016.36	*	365
=	10510.22					/	35016.36	*	365
=	109.56

Jain Irrigation Systems'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
=	( (10470.4	+	0)	/	1 )	/	7754.8	*	365 / 4
=	10470.4					/	7754.8	*	365 / 4
=	123.20

Jain Irrigation Systems Days Payable Related Terms

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Jain Irrigation Systems (BOM:500219) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Jain Irrigation Systems Ltd (BOM:500219) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

JISLJALEQS:India JISLDVREQS:India 570004:India

Address

National Highway No. 6, Jain Plastic Park, P.O.Box 72, Bambhori, Jalgaon, MH, IND, 425001

Website

https://www.jains.com

Jain Irrigation Systems Ltd is engaged in diversified business. The company's operating segment includes Hi-tech Agri Input Product; Plastic; Agro-Processing; and Other Business Division. It generates maximum revenue from the Hi-tech Agri Input Product Division segment. The Hi-tech Agri Input Products segment includes Micro and Sprinkler Irrigation, Solar Agri Pump, Integrated Irrigation Projects, and Tissue Culture plants. The Plastic Division segment includes PVC piping products, PE piping products, Piping projects, and Plastic sheets. Geographically, it derives a majority of its revenue from India and also has a presence in Europe; North America, and the rest of the world.

Jain Irrigation Systems (BOM:500219) Headlines

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