Olympia Industries (BOM:521105) Days Payable : 66.27 (As of Mar. 2024)

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What is Olympia Industries Days Payable?

Olympia Industries's average Accounts Payable for the three months ended in Mar. 2024 was ₹335 Mil. Olympia Industries's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹461 Mil. Hence, Olympia Industries's Days Payable for the three months ended in Mar. 2024 was 66.27.

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

BOM:521105' s Days Payable Range Over the Past 10 Years
Min: 17.5 Med: 44.94 Max: 87.1
Current: 87.1

During the past 13 years, Olympia Industries's highest Days Payable was 87.10. The lowest was 17.50. And the median was 44.94.

BOM:521105's Days Payable is ranked better than
70.31% of 1081 companies
in the Retail - Cyclical industry
Industry Median: 54.93 vs BOM:521105: 87.10

Olympia Industries's Days Payable declined from Mar. 2023 (70.73) to Mar. 2024 (66.27). It may suggest that Olympia Industries accelerated paying its suppliers.

Olympia Industries Days Payable Historical Data

The historical data trend for Olympia 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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Olympia Industries Days Payable Chart

Olympia Industries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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23.23

40.18

39.49

42.69

75.59

Olympia Industries Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															70.73	102.21	128.50	87.17	66.27

Competitive Comparison of Olympia Industries's Days Payable

For the Internet Retail subindustry, Olympia 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.

Olympia Industries's Days Payable Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Olympia Industries's Days Payable distribution charts can be found below:

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

Olympia 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.

Olympia 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
=	( (336.328	+	335.1)	/	2 )	/	1621.142	*	365
=	335.714					/	1621.142	*	365
=	75.59

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

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (0	+	335.1)	/	1 )	/	461.406	*	365 / 4
=	335.1					/	461.406	*	365 / 4
=	66.27

Olympia Industries Days Payable Related Terms

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Olympia Industries (BOM:521105) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Olympia Industries Ltd (BOM:521105) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

C-205, Synthofine Industrial Estate, Behind Virwani Industrial Estate, Goregaon (East), Mumbai, MH, IND, 400063

Website

https://www.olympiaindustriesltd.com

Olympia Industries Ltd is engaged in the areas of E-commerce, Brand Store Management, B2B e-commerce, B2C e-commerce, General Trade, and Morden Trade, the company has started engagements in D2C E-commerce as well. The company has achieved results in the existing categories like Baby Care, Domestic Appliances, Electronic, Gourmet, Health Care, Home and Kitchen Appliances, Luggage and Personal care appliances, pet products, etc. Further, the company has expanded its private-label brand "UMANAC". It has served products in a wide range of categories such as Personal Care Appliances, Gourmet, Dry Fruits and Berries, Dry sheets, and Health Care. The company operates under a single segment which is trading and a single geography which is India.

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