Ruby Mills (BOM:503169) Days Payable : 109.46 (As of Dec. 2023)

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What is Ruby Mills Days Payable?

Ruby Mills's average Accounts Payable for the three months ended in Dec. 2023 was ₹172 Mil. Ruby Mills's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹144 Mil. Hence, Ruby Mills's Days Payable for the three months ended in Dec. 2023 was 109.46.

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

BOM:503169' s Days Payable Range Over the Past 10 Years
Min: 76.65 Med: 120.08 Max: 156.19
Current: 79.63

During the past 13 years, Ruby Mills's highest Days Payable was 156.19. The lowest was 76.65. And the median was 120.08.

BOM:503169's Days Payable is ranked better than
67.25% of 1023 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 56.44 vs BOM:503169: 79.63

Ruby Mills's Days Payable increased from Dec. 2022 (109.12) to Dec. 2023 (109.46). It may suggest that Ruby Mills delayed paying its suppliers.

Ruby Mills Days Payable Historical Data

The historical data trend for Ruby 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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Ruby Mills Days Payable Chart

Ruby Mills Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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105.67

146.79

156.19

104.42

81.67

Ruby Mills Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															109.12	39.29	159.80	137.55	109.46

Competitive Comparison of Ruby Mills's Days Payable

For the Textile Manufacturing subindustry, Ruby 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.

Ruby Mills's Days Payable Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Ruby Mills's Days Payable falls into.

Ruby 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.

Ruby Mills'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
=	( (262.71	+	250.29)	/	2 )	/	1146.382	*	365
=	256.5					/	1146.382	*	365
=	81.67

Ruby Mills'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
=	( (172.314	+	0)	/	1 )	/	143.652	*	365 / 4
=	172.314					/	143.652	*	365 / 4
=	109.46

Ruby Mills Days Payable Related Terms

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Ruby Mills (BOM:503169) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Ruby Mills Ltd (BOM:503169) » Definitions » Days Payable

Traded in Other Exchanges

RUBYMILLS:India

Address

J. K. Sawant Marg, Ruby House, Dadar West, Mumbai, MH, IND, 400028

Website

https://www.rubymills.com

Ruby Mills Ltd is engaged in the business of textile manufacturing and real estate development. It operates through two segments: Textile and Real Estate & related. The company manufactures and markets various products, which include cotton and blended yarns; custom-made fabrics from various manmade and natural fibers, such as cotton, linen, viscose, lyocell, modal, polynosic and the blends of the same for shirting, suiting and dress materials. The Textile segment acts as a major revenue driver for the firm.

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