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Devyani International (BOM:543330) Days Payable : 63.31 (As of Dec. 2023)


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What is Devyani International Days Payable?

Devyani International's average Accounts Payable for the three months ended in Dec. 2023 was ₹2,535 Mil. Devyani International's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹3,654 Mil. Hence, Devyani International's Days Payable for the three months ended in Dec. 2023 was 63.31.

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

BOM:543330' s Days Payable Range Over the Past 10 Years
Min: 65.26   Med: 72.02   Max: 140.26
Current: 70.27

During the past 5 years, Devyani International's highest Days Payable was 140.26. The lowest was 65.26. And the median was 72.02.

BOM:543330's Days Payable is ranked better than
80.88% of 340 companies
in the Restaurants industry
Industry Median: 38.325 vs BOM:543330: 70.27

Devyani International's Days Payable declined from Dec. 2022 (65.40) to Dec. 2023 (63.31). It may suggest that Devyani International accelerated paying its suppliers.


Devyani International Days Payable Historical Data

The historical data trend for Devyani International'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.

Devyani International Days Payable Chart

Devyani International Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23
Days Payable
67.35 65.26 140.26 87.46 72.02

Devyani International Quarterly Data
Mar19 Mar20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 65.40 115.61 61.55 66.05 63.31

Competitive Comparison of Devyani International's Days Payable

For the Restaurants subindustry, Devyani International'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.


Devyani International's Days Payable Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Devyani International's Days Payable distribution charts can be found below:

* The bar in red indicates where Devyani International's Days Payable falls into.



Devyani International 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.

Devyani International'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
=( (1963.72 + 2418.95) / 2 ) / 11105.86*365
=2191.335 / 11105.86*365
=72.02

Devyani International'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
=( (2535.26 + 0) / 1 ) / 3654.06*365 / 4
=2535.26 / 3654.06*365 / 4
=63.31

* 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.


Devyani International Days Payable Related Terms

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Devyani International (BOM:543330) Business Description

Traded in Other Exchanges
Address
Plot No. 18, Sector-35, Gurugram, HR, IND, 122 004
Devyani International Ltd is a franchisee of Yum Brands in India and is among the largest operators of quick-service restaurants chain and operates around 1243 stores across 155 cities in India. Geographically, it derives a majority of its revenue from India.

Devyani International (BOM:543330) Headlines

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