Kush Industries (BOM:514240) Days Payable : 25,424.53 (As of Dec. 2023)

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What is Kush Industries Days Payable?

Kush Industries's average Accounts Payable for the three months ended in Dec. 2023 was ₹6.69 Mil. Kush Industries's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹0.02 Mil. Hence, Kush Industries's Days Payable for the three months ended in Dec. 2023 was 25,424.53.

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

BOM:514240' s Days Payable Range Over the Past 10 Years
Min: 1.99 Med: 255.69 Max: 767.51
Current: 266.5

During the past 13 years, Kush Industries's highest Days Payable was 767.51. The lowest was 1.99. And the median was 255.69.

BOM:514240's Days Payable is ranked better than
94.73% of 1025 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 56.44 vs BOM:514240: 266.50

Kush Industries's Days Payable increased from Dec. 2022 (339.76) to Dec. 2023 (25,424.53). It may suggest that Kush Industries delayed paying its suppliers.

Kush Industries Days Payable Historical Data

The historical data trend for Kush Industries'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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Kush Industries Days Payable Chart

Kush Industries Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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255.69

313.75

445.74

1.99

164.56

Kush Industries 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															339.76	6,974.80	-	96.93	25,424.53

Competitive Comparison of Kush Industries's Days Payable

For the Textile Manufacturing subindustry, Kush Industries'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.

Kush Industries's Days Payable Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Kush Industries's Days Payable distribution charts can be found below:

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

Kush Industries 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.

Kush Industries'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
=	( (0.135	+	7.185)	/	2 )	/	8.118	*	365
=	3.66					/	8.118	*	365
=	164.56

Kush Industries'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
=	( (6.687	+	0)	/	1 )	/	0.024	*	365 / 4
=	6.687					/	0.024	*	365 / 4
=	25,424.53

Kush Industries Days Payable Related Terms

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Kush Industries (BOM:514240) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Kush Industries Ltd (BOM:514240) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

Plot No.129, G.I.D.C. Estate, Near J. B. Chemicals, Bharuch District, Ankleshwar, GJ, IND, 393 002

Website

https://www.snstextiles.in

Kush Industries Ltd manufactures, sells, and exports cotton fabrics and Made-ups products in India. The company's operating segment includes Weaving and Ceramics. It generates maximum revenue from the Weaving segment. The company's product categories include table linen; kitchen linen; bed linen; living linen and others.

Kush Industries (BOM:514240) Headlines

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