Supreme Industries (BOM:509930) Days Payable : 44.39 (As of Mar. 2024)

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What is Supreme Industries Days Payable?

Supreme Industries's average Accounts Payable for the three months ended in Mar. 2024 was ₹10,156 Mil. Supreme Industries's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹20,875 Mil. Hence, Supreme Industries's Days Payable for the three months ended in Mar. 2024 was 44.39.

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

BOM:509930' s Days Payable Range Over the Past 10 Years
Min: 36.02 Med: 51.21 Max: 62.97
Current: 62.97

During the past 13 years, Supreme Industries's highest Days Payable was 62.97. The lowest was 36.02. And the median was 51.21.

BOM:509930's Days Payable is ranked worse than
58.58% of 1603 companies
in the Construction industry
Industry Median: 75.22 vs BOM:509930: 62.97

Supreme Industries's Days Payable declined from Dec. 2022 (44.61) to Mar. 2024 (44.39). It may suggest that Supreme Industries accelerated paying its suppliers.

Supreme Industries Days Payable Historical Data

The historical data trend for Supreme 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.

* Premium members only.

Supreme Industries Days Payable Chart

Supreme Industries Annual Data

Trend

Jun15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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55.77

53.33

48.68

46.56

50.62

Supreme Industries Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															44.61	46.25	50.76	44.77	44.39

Competitive Comparison of Supreme Industries's Days Payable

For the Building Products & Equipment subindustry, Supreme 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.

Supreme Industries's Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, Supreme Industries's Days Payable distribution charts can be found below:

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

Supreme 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.

Supreme 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
=	( (9037.5	+	10155.8)	/	2 )	/	69197.1	*	365
=	9596.65					/	69197.1	*	365
=	50.62

Supreme 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	+	10155.8)	/	1 )	/	20875.4	*	365 / 4
=	10155.8					/	20875.4	*	365 / 4
=	44.39

Supreme Industries Days Payable Related Terms

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Supreme Industries (BOM:509930) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Supreme Industries Ltd (BOM:509930) » Definitions » Days Payable

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SUPREMEIND:India

Address

167, Guru Hargovindji Marg, 1161 & 1162 Solitaire Corporate Park, Andheri Ghatkopar Link Road, Andheri (East), Mumbai, MH, IND, 400093

Website

https://www.supreme.co.in

Supreme Industries Ltd is an Indian plastic processor company. The company is engaged in the manufacturing of plastic products. The company operates in five segments namely Plastics piping systems, Consumer products, Industrial Products, Packaging Products and Other Products. The company has forayed into different types of plastic processing in Injection Moulding, Rotational Moulding (ROTO), Extrusion, Compression Moulding and Blow Moulding. The company mainly earns its revenue from the sale of plastic products.

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