Konark Synthetic (BOM:514128) Days Payable : 100.95 (As of Dec. 2023)

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What is Konark Synthetic Days Payable?

Konark Synthetic's average Accounts Payable for the three months ended in Dec. 2023 was ₹134.4 Mil. Konark Synthetic's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹121.5 Mil. Hence, Konark Synthetic's Days Payable for the three months ended in Dec. 2023 was 100.95.

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

BOM:514128' s Days Payable Range Over the Past 10 Years
Min: 17.52 Med: 73.26 Max: 199.95
Current: 121.26

During the past 13 years, Konark Synthetic's highest Days Payable was 199.95. The lowest was 17.52. And the median was 73.26.

BOM:514128's Days Payable is ranked better than
83.06% of 1021 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 56.86 vs BOM:514128: 121.26

Konark Synthetic's Days Payable declined from Dec. 2022 (133.54) to Dec. 2023 (100.95). It may suggest that Konark Synthetic accelerated paying its suppliers.

Konark Synthetic Days Payable Historical Data

The historical data trend for Konark Synthetic'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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Konark Synthetic Days Payable Chart

Konark Synthetic Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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75.21

92.99

199.95

130.55

105.21

Konark Synthetic 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															133.54	121.97	133.20	127.40	100.95

Competitive Comparison of Konark Synthetic's Days Payable

For the Textile Manufacturing subindustry, Konark Synthetic'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.

Konark Synthetic's Days Payable Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Konark Synthetic's Days Payable falls into.

Konark Synthetic 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.

Konark Synthetic'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
=	( (135.021	+	108.519)	/	2 )	/	422.469	*	365
=	121.77					/	422.469	*	365
=	105.21

Konark Synthetic'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
=	( (134.389	+	0)	/	1 )	/	121.472	*	365 / 4
=	134.389					/	121.472	*	365 / 4
=	100.95

Konark Synthetic Days Payable Related Terms

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Konark Synthetic (BOM:514128) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Konark Synthetic Ltd (BOM:514128) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

Andheri-Kurla Road, Building No. 7, Mittal Industrial Estate, Ground Floor, Saki-Naka, Andheri (East), Mumbai, MH, IND, 400059

Website

https://www.konarkgroup.co.in

Konark Synthetic Ltd is engaged in the Manufacturing of Yarn and Trading of Fabric with Weaving Processing and Manufacturing of Readymade Garments. Its only operating segment is Textiles. It is also in Power generation.

Konark Synthetic (BOM:514128) Headlines

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