Trident Texofab (BOM:540726) Days Payable : 98.95 (As of Dec. 2023)

View and export this data going back to 2017. Start your Free Trial

What is Trident Texofab Days Payable?

Trident Texofab's average Accounts Payable for the three months ended in Dec. 2023 was ₹206.7 Mil. Trident Texofab's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹190.6 Mil. Hence, Trident Texofab's Days Payable for the three months ended in Dec. 2023 was 98.95.

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

BOM:540726' s Days Payable Range Over the Past 10 Years
Min: 65.86 Med: 106.68 Max: 149.26
Current: 78.72

During the past 11 years, Trident Texofab's highest Days Payable was 149.26. The lowest was 65.86. And the median was 106.68.

BOM:540726's Days Payable is ranked better than
66.05% of 1025 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 56.44 vs BOM:540726: 78.72

Trident Texofab's Days Payable increased from Dec. 2022 (67.60) to Dec. 2023 (98.95). It may suggest that Trident Texofab delayed paying its suppliers.

Trident Texofab Days Payable Historical Data

The historical data trend for Trident Texofab'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.

* Premium members only.

Trident Texofab Days Payable Chart

Trident Texofab Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

Get a 7-Day Free Trial

113.39

80.58

138.59

69.72

65.86

Trident Texofab 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															67.60	72.45	82.21	95.86	98.95

Competitive Comparison of Trident Texofab's Days Payable

For the Textile Manufacturing subindustry, Trident Texofab'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.

Trident Texofab's Days Payable Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Trident Texofab's Days Payable falls into.

Trident Texofab 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.

Trident Texofab'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
=	( (113.866	+	176.225)	/	2 )	/	803.877	*	365
=	145.0455					/	803.877	*	365
=	65.86

Trident Texofab'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
=	( (206.717	+	0)	/	1 )	/	190.636	*	365 / 4
=	206.717					/	190.636	*	365 / 4
=	98.95

Trident Texofab Days Payable Related Terms

Thank you for viewing the detailed overview of Trident Texofab's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Trident Texofab (BOM:540726) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Trident Texofab Ltd (BOM:540726) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

Ring Road, Nodh-4/1650, Sahara Darwaja, 2004, 2nd Floor, North Extension, Falsawadi, Begumpura, Surat, GJ, IND, 395003

Website

https://www.tridenttexofab.com

Trident Texofab Ltd is a multi-product fabric trading company. The company is engaged in the business of manufacturing & Wholesale Trading of Textile Fabric Cloth. The company's products offering includes curtains, shower curtains, cushion covers, pillows and Bed sheets. It operates through the Textile Fabric Cloth segment.

Trident Texofab (BOM:540726) Headlines

No Headlines