Nakoda (BOM:521030) Days Payable: 0.00 (As of Jun. 2019)

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What is Nakoda Days Payable?

Nakoda BOM:521030 Days Payable is 0.00 as of Jun. 2019.

Nakoda's average Accounts Payable for the three months ended in Jun. 2019 was ₹0.00 Mil. Nakoda's Cost of Goods Sold for the three months ended in Jun. 2019 was ₹0.00 Mil.

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

BOM:521030's Days Payable is not ranked *
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 53.33
* Ranked among companies with meaningful Days Payable only.

Nakoda's Days Payable declined from Mar. 2018 (202.97) to Jun. 2019 (0.00). It may suggest that Nakoda accelerated paying its suppliers.

Nakoda Days Payable Historical Data

* Premium members only.

The historical data trend for Nakoda'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.

Nakoda Days Payable Chart

Nakoda Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Mar15 Mar16 Mar17 Mar18
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.40 15.48 128.11 129.43 884.92

Nakoda Quarterly Data
Dec11 Mar12 Jun12 Sep12 Dec12 Dec13 Mar15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Jun19
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 202.97 0.00 312.66 516.82 0.00

Nakoda Days Payable Competitor Comparison

For the Textile Manufacturing subindustry, Nakoda'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.

Nakoda Days Payable vs Manufacturing - Apparel & Accessories Industry

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

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


Nakoda 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.

Nakoda's Days Payable for the fiscal year that ended in Mar. 2018 is calculated as

Days Payable (A: Mar. 2018 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2017 ) + Accounts Payable (A: Mar. 2018 )) / count ) / Cost of Goods Sold (A: Mar. 2018 )*Days in Period
=( (92.158 + 70.701) / 2 ) / 33.587*365
=81.4295 / 33.587*365
=884.92

Nakoda's Days Payable for the quarter that ended in Jun. 2019 is calculated as:

Days Payable (Q: Jun. 2019 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2018 ) + Accounts Payable (Q: Jun. 2019 )) / count ) / Cost of Goods Sold (Q: Jun. 2019 )*Days in Period
=( (0 + 0) / 1 ) / 0*365 / 4
=0 / 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?
Nakoda (BOM:521030) has a Days Payable of 0.00 as of Jun. 2019. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Nakoda and its competitors.
Is Nakoda's Days Payable too high?
Nakoda's current Days Payable is 0.00.
How does Nakoda's Days Payable compare to competitors?
Nakoda's Days Payable of 0.00 can be compared against companies in the Manufacturing - Apparel & Accessories industry. The industry median Days Payable is 53.33. 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 53.33, based on 1,023 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 Nakoda and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Payable is 53.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nakoda'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 Nakoda stock overvalued right now?
Nakoda (BOM:521030) has a current Days Payable of 0.00. The current Days Payable is 0.00. 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 Nakoda (BOM:521030), the current Days Payable is 0.00 as of Jun. 2019. 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.

Nakoda Business Description

Address 401, Union Trade Centre, Ring Road, Beside Apple Hospital, Udhna Darwaja, Surat, Gujurat, IND, 395002
Nakoda Ltd engaged in the manufacturing of man-made fibers. The company is engaged in the manufacture of polyester chips, partially oriented yarn, fully drawn yarn (FDY), texturized and trading of various types of chips, fibers, and yarns, among others. Its businesses include petrochemicals and renewable energy. It offers a range of polyester products, such as fiber grade chips and twisted yarns in various lusters for a range of end uses.