Ludlow Jute & Specialities (BOM:526179) Days Payable : 76.46 (As of Dec. 2023)

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What is Ludlow Jute & Specialities Days Payable?

Ludlow Jute & Specialities's average Accounts Payable for the three months ended in Dec. 2023 was ₹446 Mil. Ludlow Jute & Specialities's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹532 Mil. Hence, Ludlow Jute & Specialities's Days Payable for the three months ended in Dec. 2023 was 76.46.

The historical rank and industry rank for Ludlow Jute & Specialities's Days Payable or its related term are showing as below:

BOM:526179' s Days Payable Range Over the Past 10 Years
Min: 27.83 Med: 38.38 Max: 71.33
Current: 38.48

During the past 13 years, Ludlow Jute & Specialities's highest Days Payable was 71.33. The lowest was 27.83. And the median was 38.38.

BOM:526179's Days Payable is ranked worse than
66.93% of 1025 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 56.44 vs BOM:526179: 38.48

Ludlow Jute & Specialities's Days Payable increased from Dec. 2022 (26.30) to Dec. 2023 (76.46). It may suggest that Ludlow Jute & Specialities delayed paying its suppliers.

Ludlow Jute & Specialities Days Payable Historical Data

The historical data trend for Ludlow Jute & Specialities'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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Ludlow Jute & Specialities Days Payable Chart

Ludlow Jute & Specialities Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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38.09

55.12

62.82

38.66

36.92

Ludlow Jute & Specialities 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															26.30	27.86	55.36	54.66	76.46

Competitive Comparison of Ludlow Jute & Specialities's Days Payable

For the Textile Manufacturing subindustry, Ludlow Jute & Specialities'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.

Ludlow Jute & Specialities's Days Payable Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Ludlow Jute & Specialities's Days Payable falls into.

Ludlow Jute & Specialities 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.

Ludlow Jute & Specialities'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
=	( (341.092	+	453.338)	/	2 )	/	3926.741	*	365
=	397.215					/	3926.741	*	365
=	36.92

Ludlow Jute & Specialities'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
=	( (446.1	+	0)	/	1 )	/	532.4	*	365 / 4
=	446.1					/	532.4	*	365 / 4
=	76.46

Ludlow Jute & Specialities Days Payable Related Terms

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Ludlow Jute & Specialities (BOM:526179) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Ludlow Jute & Specialities Ltd (BOM:526179) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

23C, Ashutosh Chowdhury Avenue, KCI Plaza, 4th Floor, Kolkata, WB, IND, 700 019

Website

https://www.ludlowjute.com

Ludlow Jute & Specialities Ltd is an India-based company, which offers jute goods. The company operates in the segment of manufacturing and sale of Jute Goods. It offers products such as Jute yarn, Hessian cloth, and Food grade bags; Jute geotextiles, such as Soil saver (Jute mesh), woven and nonwoven, and diversified products, such as Jute felt/nonwoven, Jute canvas, Leno/scrim cloth, and Decorative hessian fabric. The company primarily operates in India. It also offers its products in the Overseas market.

Ludlow Jute & Specialities (BOM:526179) Headlines

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