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Shantai Industries (BOM:512297) Days Payable : 0.00 (As of Dec. 2023)


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What is Shantai Industries Days Payable?

Shantai Industries's average Accounts Payable for the three months ended in Dec. 2023 was ₹0.01 Mil. Shantai Industries's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹0.00 Mil.

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

BOM:512297' s Days Payable Range Over the Past 10 Years
Min: 1.91   Med: 167.95   Max: 1928.37
Current: 86.03

During the past 13 years, Shantai Industries's highest Days Payable was 1928.37. The lowest was 1.91. And the median was 167.95.

BOM:512297's Days Payable is ranked better than
70.65% of 1022 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 57.25 vs BOM:512297: 86.03

Shantai Industries's Days Payable declined from Dec. 2022 (0.90) to Dec. 2023 (0.00). It may suggest that Shantai Industries accelerated paying its suppliers.


Shantai Industries Days Payable Historical Data

The historical data trend for Shantai 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.

Shantai Industries Days Payable Chart

Shantai Industries Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,928.37 363.64 8.14 1.91 74.84

Shantai Industries 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 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 0.90 63.61 - - -

Competitive Comparison of Shantai Industries's Days Payable

For the Textile Manufacturing subindustry, Shantai 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.


Shantai Industries's Days Payable Distribution in the Manufacturing - Apparel & Accessories Industry

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

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



Shantai 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.

Shantai Industries'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
=( (0.029 + 2.087) / 2 ) / 5.16*365
=1.058 / 5.16*365
=74.84

Shantai Industries'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
=( (0.006 + 0) / 1 ) / 0*365 / 4
=0.006 / 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.


Shantai Industries Days Payable Related Terms

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Shantai Industries (BOM:512297) Business Description

Traded in Other Exchanges
N/A
Address
820, Golden Point, Ring Road, Near Telephone Exchange Begampura, Falsawadi, Surat, GJ, IND, 395003
Shantai Industries Ltd is an India-based company, involved in the textile division. It acts as a trendsetter in textiles and also has a remarkable presence in the exports of synthetic textiles items and finished garments industries. The company generates revenue and operates in India.

Shantai Industries (BOM:512297) Headlines

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