Golden Tobacco (BOM:500151) Days Payable: 585.78 (As of Dec. 2021)

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BOM:500151 Golden Tobacco Ltd BOM:500151
4 GF Score
Price ₹25.07
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What is Golden Tobacco Days Payable?

Golden Tobacco BOM:500151 4 Days Payable is 585.78 as of Dec. 2021. GuruFocus rates BOM:500151 with a GF Score™ of 4/100.

Golden Tobacco's average Accounts Payable for the three months ended in Dec. 2021 was ₹56.2 Mil. Golden Tobacco's Cost of Goods Sold for the three months ended in Dec. 2021 was ₹8.8 Mil. Hence, Golden Tobacco's Days Payable for the three months ended in Dec. 2021 was 585.78.

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

BOM:500151's Days Payable is not ranked *
in the Tobacco Products industry.
Industry Median: 54
* Ranked among companies with meaningful Days Payable only.

Golden Tobacco's Days Payable increased from Dec. 2020 (382.64) to Dec. 2021 (585.78). It may suggest that Golden Tobacco delayed paying its suppliers.


Golden Tobacco Days Payable Historical Data

* Premium members only.

The historical data trend for Golden Tobacco'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.

Golden Tobacco Days Payable Chart

Golden Tobacco Annual Data
Trend Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 411.05 253.52 692.10 359.21 118.70

Golden Tobacco Quarterly Data
Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 382.64 66.17 470.13 822.14 585.78

BOM:500151 vs PM, MO, VGR: Days Payable Comparison

For the Tobacco subindustry, Golden Tobacco'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.


Golden Tobacco Days Payable vs Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, Golden Tobacco's Days Payable distribution charts can be found below:

* The bar in red indicates where Golden Tobacco's Days Payable falls into.


BOM:500151
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Golden Tobacco Ltd BOM:500151
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Golden Tobacco 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.

Golden Tobacco's Days Payable for the fiscal year that ended in Mar. 2021 is calculated as

Days Payable (A: Mar. 2021 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2020 ) + Accounts Payable (A: Mar. 2021 )) / count ) / Cost of Goods Sold (A: Mar. 2021 )*Days in Period
=( (55.776 + 56.946) / 2 ) / 173.308*365
=56.361 / 173.308*365
=118.70

Golden Tobacco's Days Payable for the quarter that ended in Dec. 2021 is calculated as:

Days Payable (Q: Dec. 2021 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2021 ) + Accounts Payable (Q: Dec. 2021 )) / count ) / Cost of Goods Sold (Q: Dec. 2021 )*Days in Period
=( (56.203 + 0) / 1 ) / 8.755*365 / 4
=56.203 / 8.755*365 / 4
=585.78

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 585.78 mean?
Golden Tobacco (BOM:500151) has a Days Payable of 585.78 as of Dec. 2021. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Golden Tobacco and its competitors.
Is Golden Tobacco's Days Payable too high?
Golden Tobacco's current Days Payable is 585.78. The Tobacco Products industry median Days Payable is 54.00. Golden Tobacco's value of 585.78 is 984.8% above this industry median. Overall, Golden Tobacco has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Golden Tobacco's Days Payable compare to PM and MO?
Golden Tobacco's Days Payable of 585.78 can be compared against companies in the Tobacco Products industry. The industry median Days Payable is 54.00. Golden Tobacco's value of 585.78 is 984.8% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Tobacco Products company?
The median Days Payable among Tobacco Products companies is 54.00, based on 47 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Golden Tobacco's current Days Payable of 585.78 is 984.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Golden Tobacco and its competitors. For the Tobacco Products industry, the median Days Payable is 54.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Golden Tobacco's current Days Payable is 585.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Golden Tobacco stock overvalued right now?
Golden Tobacco (BOM:500151) has a current Days Payable of 585.78. The current Days Payable is 585.78 and 984.8% above the Tobacco Products industry median of 54.00. Golden Tobacco's overall GF Score™ is 4/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Golden Tobacco (BOM:500151), the current Days Payable is 585.78 as of Dec. 2021. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Golden Tobacco Business Description

Address At Darjipura, Post Amaliyara, Vadodara, GJ, IND, 390 022
Golden Tobacco Ltd is an Indian based firm engaged in the business of Tobacco. The company is primarily involved in the manufacturing of cigarettes and cigars. Its operating segment includes Tobacco Products and Realty. The company generates maximum revenue from Realty segment. It sells cigarettes and cigars under various brands such as Panama, Chancellor, Golden's, and Steel.
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Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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