Sharat Industries (BOM:519397) Days Payable : 16.92 (As of Sep. 2024)

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What is Sharat Industries Days Payable?

Sharat Industries's average Accounts Payable for the three months ended in Sep. 2024 was ₹135 Mil. Sharat Industries's Cost of Goods Sold for the three months ended in Sep. 2024 was ₹730 Mil. Hence, Sharat Industries's Days Payable for the three months ended in Sep. 2024 was 16.92.

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

BOM:519397' s Days Payable Range Over the Past 10 Years
Min: 20.02 Med: 38.66 Max: 56.76
Current: 22.01

During the past 11 years, Sharat Industries's highest Days Payable was 56.76. The lowest was 20.02. And the median was 38.66.

BOM:519397's Days Payable is ranked worse than
83.8% of 1827 companies
in the Consumer Packaged Goods industry
Industry Median: 46.1 vs BOM:519397: 22.01

Sharat Industries's Days Payable declined from Sep. 2023 (23.44) to Sep. 2024 (16.92). It may suggest that Sharat Industries accelerated paying its suppliers.

Sharat Industries Days Payable Historical Data

The historical data trend for Sharat 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.

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Sharat Industries Days Payable Chart

Sharat Industries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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51.24

44.80

37.77

20.02

21.30

Sharat Industries Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Payable	Get a 7-Day Free Trial															23.44	38.61	17.85	16.70	16.92

Competitive Comparison of Sharat Industries's Days Payable

For the Farm Products subindustry, Sharat 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.

Sharat Industries's Days Payable Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Sharat Industries's Days Payable distribution charts can be found below:

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

Sharat 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.

Sharat 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
=	( (160.329	+	121.893)	/	2 )	/	2417.687	*	365
=	141.111					/	2417.687	*	365
=	21.30

Sharat Industries's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

	Days Payable (Q: Sep. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2024 )	+	Accounts Payable (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (0	+	135.287)	/	1 )	/	729.781	*	365 / 4
=	135.287					/	729.781	*	365 / 4
=	16.92

Sharat Industries Days Payable Related Terms

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Sharat Industries Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Sharat Industries Ltd (BOM:519397) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

890207:India

Address

No. 57/11, First Main Road, Flat No.4, Third Floor, Pallavi Apartments, HDFC Bank Compound, R.A. Puram, Chennai, TN, IND, 600 028

Website

http://www.sharatindustries.com

Sharat Industries Ltd is engaged in the integrated aquaculture business and related activities. The company engages in shrimp hatchery, culture, and feed and shrimp processing and exports business. It produces raw and cooked frozen-shrimps that include Raw White Shrimp and Cooked White Shrimp. All the operations of the company are located in India.

Sharat Industries Headlines

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