Sybly Industries (BOM:531499) Days Payable

: 43.03 (As of Mar. 2024)

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Sybly Industries's average Accounts Payable for the three months ended in Mar. 2024 was ₹0.72 Mil. Sybly Industries's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹1.53 Mil. Hence, Sybly Industries's Days Payable for the three months ended in Mar. 2024 was 43.03.

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

BOM:531499' s Days Payable Range Over the Past 10 Years
Min: 54.62 Med: 77.64 Max: 1239.78
Current: 944.37

During the past 13 years, Sybly Industries's highest Days Payable was 1239.78. The lowest was 54.62. And the median was 77.64.

BOM:531499's Days Payable is ranked better than
98.73% of 1024 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 56.46 vs BOM:531499: 944.37

Sybly Industries's Days Payable declined from Mar. 2023 (88.05) to Mar. 2024 (43.03). It may suggest that Sybly Industries accelerated paying its suppliers.

Sybly Industries Days Payable Historical Data

The historical data trend for Sybly 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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Sybly Industries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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77.26

122.17

98.93

573.02

1,239.78

Sybly Industries Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															88.05	-	-	-	43.03

Competitive Comparison

For the Textile Manufacturing subindustry, Sybly 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.

Sybly Industries Days Payable Distribution

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

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

Sybly 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.

Sybly Industries's Days Payable for the fiscal year that ended in Mar. 2024 is calculated as

	Days Payable (A: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2023 )	+	Accounts Payable (A: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2024 )	*	Days in Period
=	( (9.666	+	0.721)	/	2 )	/	1.529	*	365
=	5.1935					/	1.529	*	365
=	1,239.78

Sybly Industries's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (0	+	0.721)	/	1 )	/	1.529	*	365 / 4
=	0.721					/	1.529	*	365 / 4
=	43.03

Sybly Industries Days Payable Related Terms

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Sybly Industries (BOM:531499) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Sybly Industries Ltd (BOM:531499) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

Pawan Puri, Near Canal, Murad Nagar, Ghaziabad, UP, IND, 201206

Website

http://www.sybly.com

Sybly Industries Ltd is an India-based firm engaged in the manufacturing and selling of yarn and the trading of fabrics. Its product portfolio includes Single Yarn, Cabled and Plied Yarn, Yarn Hanks, Yarn Cones, and others.

Sybly Industries (BOM:531499) Headlines

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