Shreyas Shipping & Logistics (BOM:520151) Days Payable : 20.73 (As of Dec. 2023)

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What is Shreyas Shipping & Logistics Days Payable?

Shreyas Shipping & Logistics's average Accounts Payable for the three months ended in Dec. 2023 was ₹165 Mil. Shreyas Shipping & Logistics's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹725 Mil. Hence, Shreyas Shipping & Logistics's Days Payable for the three months ended in Dec. 2023 was 20.73.

The historical rank and industry rank for Shreyas Shipping & Logistics's Days Payable or its related term are showing as below:

BOM:520151' s Days Payable Range Over the Past 10 Years
Min: 22.38 Med: 37.2 Max: 48.71
Current: 26.76

During the past 13 years, Shreyas Shipping & Logistics's highest Days Payable was 48.71. The lowest was 22.38. And the median was 37.20.

BOM:520151's Days Payable is ranked worse than
70.12% of 937 companies
in the Transportation industry
Industry Median: 38.78 vs BOM:520151: 26.76

Shreyas Shipping & Logistics's Days Payable declined from Dec. 2022 (37.73) to Dec. 2023 (20.73). It may suggest that Shreyas Shipping & Logistics accelerated paying its suppliers.

Shreyas Shipping & Logistics Days Payable Historical Data

The historical data trend for Shreyas Shipping & Logistics'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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Shreyas Shipping & Logistics Days Payable Chart

Shreyas Shipping & Logistics Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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36.67

39.25

39.32

48.71

40.03

Shreyas Shipping & Logistics 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															37.73	27.11	29.83	21.32	20.73

Competitive Comparison of Shreyas Shipping & Logistics's Days Payable

For the Marine Shipping subindustry, Shreyas Shipping & Logistics'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.

Shreyas Shipping & Logistics's Days Payable Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Shreyas Shipping & Logistics's Days Payable distribution charts can be found below:

* The bar in red indicates where Shreyas Shipping & Logistics's Days Payable falls into.

Shreyas Shipping & Logistics 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.

Shreyas Shipping & Logistics'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
=	( (357.8	+	233.6)	/	2 )	/	2696.3	*	365
=	295.7					/	2696.3	*	365
=	40.03

Shreyas Shipping & Logistics'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
=	( (164.7	+	0)	/	1 )	/	725.1	*	365 / 4
=	164.7					/	725.1	*	365 / 4
=	20.73

Shreyas Shipping & Logistics Days Payable Related Terms

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Shreyas Shipping & Logistics (BOM:520151) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Shreyas Shipping & Logistics Ltd (BOM:520151) » Definitions » Days Payable

Traded in Other Exchanges

SHREYAS:India

Address

Plot No. R1, Sector - 40, D 301-305, Level 3, Tower II, Seawoods Grand Central, Nerul Node, Navi Mumbai, MH, IND, 400706

Website

https://www.transworld.com

Shreyas Shipping & Logistics Ltd is an India-based company, engaged in the provision of shipping and logistics services. It is also engaged in freight forwarding services including air import/export, sea import/export, and customs house agent. The company generates a vast majority of its revenue within India. Its only operating segment is Shipping.

Shreyas Shipping & Logistics (BOM:520151) Headlines

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