Asahi Industries (BOM:514482) Days Payable: 0.00 (As of Jun. 2021)

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BOM:514482 Asahi Industries Ltd BOM:514482
4 GF Score
Price ₹5.09
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What is Asahi Industries Days Payable?

Asahi Industries BOM:514482 4 Days Payable is 0.00 as of Jun. 2021. GuruFocus rates BOM:514482 with a GF Score™ of 4/100.

Asahi Industries's average Accounts Payable for the three months ended in Jun. 2021 was ₹21.12 Mil. Asahi Industries's Cost of Goods Sold for the three months ended in Jun. 2021 was ₹0.00 Mil.

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

BOM:514482's Days Payable is not ranked *
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 54.18
* Ranked among companies with meaningful Days Payable only.

Asahi Industries's Days Payable stayed the same from Mar. 2020 (0.00) to Jun. 2021 (0.00). stayed the same

Asahi Industries Days Payable Historical Data

* Premium members only.

The historical data trend for Asahi 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.

Asahi Industries Days Payable Chart

Asahi Industries Annual Data
Trend Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.50 36.74 29.10 0.00 0.00

Asahi Industries Quarterly Data
Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Dec19 Mar20 Jun20 Dec20 Mar21 Jun21
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:514482 vs AIN: Days Payable Comparison

For the Textile Manufacturing subindustry, Asahi 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.

Asahi Industries Days Payable vs Manufacturing - Apparel & Accessories Industry

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

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


BOM:514482
4GF Score
Asahi Industries Ltd BOM:514482
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Asahi 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.

Asahi Industries's Days Payable for the fiscal year that ended in Mar. 2021 is calculated as

Days Payable (A: Mar. 2021 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2020 ) + Accounts Payable (A: Mar. 2021 )) / count ) / Cost of Goods Sold (A: Mar. 2021 )*Days in Period
=( (21.116 + 21.116) / 2 ) / 0*365
=21.116 / 0*365
=N/A

Asahi Industries's Days Payable for the quarter that ended in Jun. 2021 is calculated as:

Days Payable (Q: Jun. 2021 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2021 ) + Accounts Payable (Q: Jun. 2021 )) / count ) / Cost of Goods Sold (Q: Jun. 2021 )*Days in Period
=( (21.116 + 0) / 1 ) / 0*365 / 4
=21.116 / 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?
Asahi Industries (BOM:514482) has a Days Payable of 0.00 as of Jun. 2021. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Asahi Industries and its competitors.
Is Asahi Industries' Days Payable too high?
Asahi Industries' current Days Payable is 0.00. Overall, Asahi Industries has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Asahi Industries' Days Payable compare to AIN?
Asahi Industries' Days Payable of 0.00 can be compared against companies in the Manufacturing - Apparel & Accessories industry. The industry median Days Payable is 54.18. 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 Manufacturing - Apparel & Accessories company?
The median Days Payable among Manufacturing - Apparel & Accessories companies is 54.18, based on 1,018 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 Asahi Industries and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Payable is 54.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asahi Industries'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 Asahi Industries stock overvalued right now?
Asahi Industries (BOM:514482) has a current Days Payable of 0.00. The current Days Payable is 0.00. Asahi Industries' 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 Asahi Industries (BOM:514482), the current Days Payable is 0.00 as of Jun. 2021. 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.

Asahi Industries Business Description

Address 396, Veer Savarkar Marg, Ground Floor, Kamat Industrial Estate, Prabhadevi, Mumbai, MH, IND, 400025
Asahi Industries Ltd manufactures and exports cotton and polyester yarn.
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Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹5.09
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