Shreyans Industries (BOM:516016) Days Payable : 30.34 (As of Dec. 2023)

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What is Shreyans Industries Days Payable?

Shreyans Industries's average Accounts Payable for the three months ended in Dec. 2023 was ₹424 Mil. Shreyans Industries's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹1,277 Mil. Hence, Shreyans Industries's Days Payable for the three months ended in Dec. 2023 was 30.34.

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

BOM:516016' s Days Payable Range Over the Past 10 Years
Min: 36.31 Med: 47.13 Max: 76.97
Current: 36.83

During the past 13 years, Shreyans Industries's highest Days Payable was 76.97. The lowest was 36.31. And the median was 47.13.

BOM:516016's Days Payable is ranked worse than
70% of 280 companies
in the Forest Products industry
Industry Median: 56.04 vs BOM:516016: 36.83

Shreyans Industries's Days Payable increased from Dec. 2022 (29.61) to Dec. 2023 (30.34). It may suggest that Shreyans Industries delayed paying its suppliers.

Shreyans Industries Days Payable Historical Data

The historical data trend for Shreyans 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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Shreyans Industries Days Payable Chart

Shreyans Industries Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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42.87

46.14

64.24

46.89

36.31

Shreyans 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															29.61	38.73	36.96	30.81	30.34

Competitive Comparison of Shreyans Industries's Days Payable

For the Paper & Paper Products subindustry, Shreyans 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.

Shreyans Industries's Days Payable Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Shreyans Industries's Days Payable distribution charts can be found below:

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

Shreyans 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.

Shreyans 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
=	( (701.129	+	502.6)	/	2 )	/	6050.276	*	365
=	601.8645					/	6050.276	*	365
=	36.31

Shreyans 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
=	( (424.47	+	0)	/	1 )	/	1276.6	*	365 / 4
=	424.47					/	1276.6	*	365 / 4
=	30.34

Shreyans Industries Days Payable Related Terms

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Shreyans Industries (BOM:516016) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Shreyans Industries Ltd (BOM:516016) » Definitions » Days Payable

Traded in Other Exchanges

SHREYANIND:India

Address

Chandigarh Road, P.O. Sahabana, Village Bholapur, Ludhiana, PB, IND, 141123

Website

https://www.shreyansgroup.com

Shreyans Industries Ltd is engaged in the manufacturing of writing and printing paper from Agricultural residues. The group has a business presence in India and Outside India, of which key revenue is derived from India. the Company's business activity falls within a single operating segment, namely manufacturing of Writing and Printing Paper The firm generates the majority of its revenue from the paper segment. the company has two products namely Shreyan's paper product and Shree Rishabh's paper product.

Shreyans Industries (BOM:516016) Headlines

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