Riga Sugar Co (BOM:507508) Days Payable: 0.00 (As of Sep. 2024)

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BOM:507508 Riga Sugar Co Ltd BOM:507508
4 GF Score
Price ₹5.25
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What is Riga Sugar Co Days Payable?

Riga Sugar Co BOM:507508 4 Days Payable is 0.00 as of Sep. 2024. GuruFocus rates BOM:507508 with a GF Score™ of 4/100.

Riga Sugar Co's average Accounts Payable for the three months ended in Sep. 2024 was ₹573.04 Mil. Riga Sugar Co's Cost of Goods Sold for the three months ended in Sep. 2024 was ₹0.00 Mil.

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

BOM:507508's Days Payable is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 43.96
* Ranked among companies with meaningful Days Payable only.

Riga Sugar Co's Days Payable stayed the same from Jun. 2023 (0.00) to Sep. 2024 (0.00). stayed the same

Riga Sugar Co Days Payable Historical Data

* Premium members only.

The historical data trend for Riga Sugar Co'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.

Riga Sugar Co Days Payable Chart

Riga Sugar Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 417.44 670.19 14,083.16 86,501.53 59,269.11

Riga Sugar Co Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun23 Sep23 Mar24 Jun24 Sep24
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 0.00 0.00 0.00 0.00 0.00

BOM:507508 vs MDLZ, HSY, TR: Days Payable Comparison

For the Confectioners subindustry, Riga Sugar Co'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.

Riga Sugar Co Days Payable vs Consumer Packaged Goods Industry

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

* The bar in red indicates where Riga Sugar Co's Days Payable falls into.


BOM:507508
4GF Score
Riga Sugar Co Ltd BOM:507508
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Riga Sugar Co 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.

Riga Sugar Co'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
=( (0 + 573.043) / 1 ) / 3.529*365
=573.043 / 3.529*365
=59,269.11

Riga Sugar Co'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 + 573.043) / 1 ) / 0*365 / 4
=573.043 / 0*365 / 4
=N/A

* 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 0.00 mean?
Riga Sugar Co (BOM:507508) has a Days Payable of 0.00 as of Sep. 2024. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Riga Sugar Co and its competitors.
Is Riga Sugar Co's Days Payable too high?
Riga Sugar Co's current Days Payable is 0.00. Overall, Riga Sugar Co has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Riga Sugar Co's Days Payable compare to MDLZ and HSY?
Riga Sugar Co's Days Payable of 0.00 can be compared against companies in the Consumer Packaged Goods industry. The industry median Days Payable is 43.96. 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 Consumer Packaged Goods company?
The median Days Payable among Consumer Packaged Goods companies is 43.96, based on 1,895 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. 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 Riga Sugar Co and its competitors. For the Consumer Packaged Goods industry, the median Days Payable is 43.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Riga Sugar Co's current Days Payable is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Riga Sugar Co stock overvalued right now?
Riga Sugar Co (BOM:507508) has a current Days Payable of 0.00. The current Days Payable is 0.00. Riga Sugar Co'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 Riga Sugar Co (BOM:507508), the current Days Payable is 0.00 as of Sep. 2024. 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.

Riga Sugar Co Business Description

Address 14, Netaji Subhas Road, 2nd Floor, Kolkata, WB, IND, 700 001
Riga Sugar Co Ltd is an integrated sugar company. The company's operating segment includes Sugar and Distillery. It generates maximum revenue from the Sugar segment. The company's product includes sugar; molasses; bagasses; ethanol; and fertiliser.
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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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