Royal India (BOM:512047) Days Payable : 1,749.90 (As of Mar. 2024)

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What is Royal India Days Payable?

Royal India's average Accounts Payable for the three months ended in Mar. 2024 was ₹313.5 Mil. Royal India's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹16.3 Mil. Hence, Royal India's Days Payable for the three months ended in Mar. 2024 was 1,749.90.

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

BOM:512047' s Days Payable Range Over the Past 10 Years
Min: 29.98 Med: 421.21 Max: 8495.23
Current: 422.01

During the past 13 years, Royal India's highest Days Payable was 8495.23. The lowest was 29.98. And the median was 421.21.

BOM:512047's Days Payable is ranked better than
95.84% of 1081 companies
in the Retail - Cyclical industry
Industry Median: 54.48 vs BOM:512047: 422.01

Royal India's Days Payable increased from Mar. 2023 (484.53) to Mar. 2024 (1,749.90). It may suggest that Royal India delayed paying its suppliers.

Royal India Days Payable Historical Data

The historical data trend for Royal India'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.

Royal India Days Payable Chart

Royal India Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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233.75

7,024.44

8,495.23

419.70

422.72

Royal India 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															484.53	270.14	648.33	271.09	1,749.90

Competitive Comparison of Royal India's Days Payable

For the Luxury Goods subindustry, Royal India'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.

Royal India's Days Payable Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Royal India's Days Payable distribution charts can be found below:

* The bar in red indicates where Royal India's Days Payable falls into.

Royal India 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.

Royal India'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
=	( (310.39	+	313.506)	/	2 )	/	269.356	*	365
=	311.948					/	269.356	*	365
=	422.72

Royal India'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	+	313.506)	/	1 )	/	16.348	*	365 / 4
=	313.506					/	16.348	*	365 / 4
=	1,749.90

Royal India Days Payable Related Terms

Thank you for viewing the detailed overview of Royal India's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Royal India (BOM:512047) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Royal India Corp Ltd (BOM:512047) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

Plot - 45/47, Dhirubhai Parekh Marg, 34, 2nd Floor, Shanti Bhavan, Ladwadi, Kalbadevi, Mumbai, MH, IND, 400002

Website

https://www.ricl.in

Royal India Corp Ltd is engaged in the wholesale trading of Gold Bullion, plain gold jewelry, gold coins, and medallions. It derives the majority of its revenue from Local Gold Bar Sales.

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