Nath Industries (BOM:502587) Days Payable : 50.85 (As of Mar. 2024)

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What is Nath Industries Days Payable?

Nath Industries's average Accounts Payable for the three months ended in Mar. 2024 was ₹285 Mil. Nath Industries's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹511 Mil. Hence, Nath Industries's Days Payable for the three months ended in Mar. 2024 was 50.85.

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

BOM:502587' s Days Payable Range Over the Past 10 Years
Min: 17.57 Med: 27.7 Max: 52.47
Current: 51.56

During the past 13 years, Nath Industries's highest Days Payable was 52.47. The lowest was 17.57. And the median was 27.70.

BOM:502587's Days Payable is ranked worse than
56.63% of 279 companies
in the Forest Products industry
Industry Median: 57.9 vs BOM:502587: 51.56

Nath Industries's Days Payable increased from Mar. 2023 (39.06) to Mar. 2024 (50.85). It may suggest that Nath Industries delayed paying its suppliers.

Nath Industries Days Payable Historical Data

The historical data trend for Nath 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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Nath Industries Days Payable Chart

Nath Industries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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29.75

47.41

32.10

35.20

52.47

Nath 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															39.06	48.99	51.09	53.83	50.85

Competitive Comparison of Nath Industries's Days Payable

For the Paper & Paper Products subindustry, Nath 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.

Nath Industries's Days Payable Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Nath Industries's Days Payable distribution charts can be found below:

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

Nath 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.

Nath 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
=	( (278.11	+	284.975)	/	2 )	/	1958.673	*	365
=	281.5425					/	1958.673	*	365
=	52.47

Nath 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	+	284.975)	/	1 )	/	511.407	*	365 / 4
=	284.975					/	511.407	*	365 / 4
=	50.85

Nath Industries Days Payable Related Terms

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Nath Industries (BOM:502587) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Nath Industries Ltd (BOM:502587) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

86, Veer Nariman Road, 1, Chateau Windsor, Churchgate, Mumbai, MH, IND, 400 020

Website

https://www.nathindustries.com

Nath Industries Ltd is engaged in the manufacturing of Papers and its related products. It produces various specialty and industrial grades of papers used for various decorative, Multipart stationery, Gift wrapping, and Packing. The company's product mix includes various grades of paper such as Absorbent Kraft, Writing and Printing Paper, Carbon Base, Poster, Napkin grade tissue, Gift Wrapping Tissue, Color Tissues, Masking Paper, and Protection paper. Its segments include Paper and Industrial Chemicals. It generates maximum revenue from the Paper segment.

Nath Industries (BOM:502587) Headlines

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