H P Cotton Textile Mills (BOM:502873) Days Payable : 167.90 (As of Sep. 2024)

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What is H P Cotton Textile Mills Days Payable?

H P Cotton Textile Mills's average Accounts Payable for the three months ended in Sep. 2024 was ₹270.3 Mil. H P Cotton Textile Mills's Cost of Goods Sold for the three months ended in Sep. 2024 was ₹146.9 Mil. Hence, H P Cotton Textile Mills's Days Payable for the three months ended in Sep. 2024 was 167.90.

The historical rank and industry rank for H P Cotton Textile Mills's Days Payable or its related term are showing as below:

BOM:502873' s Days Payable Range Over the Past 10 Years
Min: 43.39 Med: 146.75 Max: 209.06
Current: 193.09

During the past 13 years, H P Cotton Textile Mills's highest Days Payable was 209.06. The lowest was 43.39. And the median was 146.75.

BOM:502873's Days Payable is ranked better than
90.01% of 1021 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 55.93 vs BOM:502873: 193.09

H P Cotton Textile Mills's Days Payable declined from Sep. 2023 (295.20) to Sep. 2024 (167.90). It may suggest that H P Cotton Textile Mills accelerated paying its suppliers.

H P Cotton Textile Mills Days Payable Historical Data

The historical data trend for H P Cotton Textile Mills'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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H P Cotton Textile Mills Days Payable Chart

H P Cotton Textile Mills Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

Get a 7-Day Free Trial

193.79

181.00

140.21

187.14

209.06

H P Cotton Textile Mills Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Payable	Get a 7-Day Free Trial															295.20	162.18	224.30	236.61	167.90

Competitive Comparison of H P Cotton Textile Mills's Days Payable

For the Textile Manufacturing subindustry, H P Cotton Textile Mills'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.

H P Cotton Textile Mills's Days Payable Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, H P Cotton Textile Mills's Days Payable distribution charts can be found below:

* The bar in red indicates where H P Cotton Textile Mills's Days Payable falls into.

H P Cotton Textile Mills 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.

H P Cotton Textile Mills'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
=	( (223.179	+	229.481)	/	2 )	/	395.156	*	365
=	226.33					/	395.156	*	365
=	209.06

H P Cotton Textile Mills's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

	Days Payable (Q: Sep. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2024 )	+	Accounts Payable (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (0	+	270.3)	/	1 )	/	146.9	*	365 / 4
=	270.3					/	146.9	*	365 / 4
=	167.90

H P Cotton Textile Mills Days Payable Related Terms

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H P Cotton Textile Mills Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » H P Cotton Textile Mills Ltd (BOM:502873) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

1 & 2, Old Ishwar Nagar, Mathura Road, F (0), The Mira Corporate Suites, New Delhi, IND, 110065

Website

https://www.hpthreads.com

H P Cotton Textile Mills Ltd manufactures cotton yarns and threads and is an exporter of cotton specialty yarns and cotton sewing threads. It manufactures two types of threads namely sewing threads and hosiery yarn. Its product portfolio includes Crocheta Crochet Threads, Peecock Hand Knitting Yarn, Embroidery Threads, Lace Threads, Patchwork and Quilting, Kite Flying Thread, Cotton Sewing Threads, and Mercerized Cotton RFD Threads. Geographically, the company generates sales both in India and internationally, with a vast majority of its revenue derived from sewing thread products exported to markets outside India.

H P Cotton Textile Mills Headlines

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