Avadh Sugar & Energy (NSE:AVADHSUGAR) Days Payable

: 5.57 (As of Dec. 2023)

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Avadh Sugar & Energy's average Accounts Payable for the three months ended in Dec. 2023 was ₹269 Mil. Avadh Sugar & Energy's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹4,408 Mil. Hence, Avadh Sugar & Energy's Days Payable for the three months ended in Dec. 2023 was 5.57.

The historical rank and industry rank for Avadh Sugar & Energy's Days Payable or its related term are showing as below:

NSE:AVADHSUGAR' s Days Payable Range Over the Past 10 Years
Min: 22.34 Med: 94.06 Max: 98.25
Current: 22.34

During the past 8 years, Avadh Sugar & Energy's highest Days Payable was 98.25. The lowest was 22.34. And the median was 94.06.

NSE:AVADHSUGAR's Days Payable is ranked worse than
83.12% of 1789 companies
in the Consumer Packaged Goods industry
Industry Median: 45.81 vs NSE:AVADHSUGAR: 22.34

Avadh Sugar & Energy's Days Payable increased from Dec. 2022 (4.47) to Dec. 2023 (5.57). It may suggest that Avadh Sugar & Energy delayed paying its suppliers.

Avadh Sugar & Energy Days Payable Historical Data

The historical data trend for Avadh Sugar & Energy'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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Avadh Sugar & Energy Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

95.32

98.25

96.51

72.31

55.20

Avadh Sugar & Energy Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable																4.47	52.07	60.46	3.81	5.57

Competitive Comparison

For the Confectioners subindustry, Avadh Sugar & Energy'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.

Avadh Sugar & Energy Days Payable Distribution

For the Consumer Packaged Goods industry and Consumer Defensive sector, Avadh Sugar & Energy's Days Payable distribution charts can be found below:

* The bar in red indicates where Avadh Sugar & Energy's Days Payable falls into.

Avadh Sugar & Energy 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.

Avadh Sugar & Energy'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
=	( (3104.046	+	3645.356)	/	2 )	/	22313.369	*	365
=	3374.701					/	22313.369	*	365
=	55.20

Avadh Sugar & Energy'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
=	( (269.318	+	0)	/	1 )	/	4408.471	*	365 / 4
=	269.318					/	4408.471	*	365 / 4
=	5.57

Avadh Sugar & Energy Days Payable Related Terms

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Avadh Sugar & Energy (NSE:AVADHSUGAR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Avadh Sugar & Energy Ltd (NSE:AVADHSUGAR) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

540649:India

Address

9/1, R.N. Mukherjee Road, Birla Building, 5th Floor, Kolkata, WB, IND, 700 001

Website

http://www.birla-sugar.com

Avadh Sugar & Energy Ltd is engaged in producing sugar and sugar by-products. It has three reportable segments: Sugar, Distillery and Co-generation. The firm generates the majority of revenue from the Sugar segment. The product portfolio includes sugar, molasses, industrial alcohol and ethanol, canned food, and fruit products. The company also manufactures and sells tea.

Avadh Sugar & Energy (NSE:AVADHSUGAR) Headlines

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