Dhanalaxmi Roto Spinners (BOM:521216) Days Payable : 28.63 (As of Dec. 2024)

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What is Dhanalaxmi Roto Spinners Days Payable?

Dhanalaxmi Roto Spinners's average Accounts Payable for the three months ended in Dec. 2024 was ₹197 Mil. Dhanalaxmi Roto Spinners's Cost of Goods Sold for the three months ended in Dec. 2024 was ₹627 Mil. Hence, Dhanalaxmi Roto Spinners's Days Payable for the three months ended in Dec. 2024 was 28.63.

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

BOM:521216' s Days Payable Range Over the Past 10 Years
Min: 30.3 Med: 47.94 Max: 77.49
Current: 43.61

During the past 13 years, Dhanalaxmi Roto Spinners's highest Days Payable was 77.49. The lowest was 30.30. And the median was 47.94.

BOM:521216's Days Payable is ranked worse than
61.23% of 276 companies
in the Forest Products industry
Industry Median: 56.175 vs BOM:521216: 43.61

Dhanalaxmi Roto Spinners's Days Payable declined from Dec. 2023 (38.60) to Dec. 2024 (28.63). It may suggest that Dhanalaxmi Roto Spinners accelerated paying its suppliers.

Dhanalaxmi Roto Spinners Days Payable Historical Data

The historical data trend for Dhanalaxmi Roto Spinners'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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Dhanalaxmi Roto Spinners Days Payable Chart

Dhanalaxmi Roto Spinners Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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54.66

44.40

35.17

30.30

46.88

Dhanalaxmi Roto Spinners Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Payable	Get a 7-Day Free Trial															38.60	48.36	92.59	41.50	28.63

Competitive Comparison of Dhanalaxmi Roto Spinners's Days Payable

For the Paper & Paper Products subindustry, Dhanalaxmi Roto Spinners'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.

Dhanalaxmi Roto Spinners's Days Payable Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Dhanalaxmi Roto Spinners's Days Payable distribution charts can be found below:

* The bar in red indicates where Dhanalaxmi Roto Spinners's Days Payable falls into.

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Dhanalaxmi Roto Spinners 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.

Dhanalaxmi Roto Spinners'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
=	( (184.038	+	278.548)	/	2 )	/	1800.954	*	365
=	231.293					/	1800.954	*	365
=	46.88

Dhanalaxmi Roto Spinners's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

	Days Payable (Q: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2024 )	+	Accounts Payable (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (196.783	+	0)	/	1 )	/	627.223	*	365 / 4
=	196.783					/	627.223	*	365 / 4
=	28.63

Dhanalaxmi Roto Spinners Days Payable Related Terms

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Dhanalaxmi Roto Spinners Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Dhanalaxmi Roto Spinners Ltd (BOM:521216) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

Road No. 12, Banjara Hills, The Laxmi, 8-2-686/B/6/D/K and 8-2-686/B/M/K, 4th Floor, Near Indian Bank, Hyderabad, TG, IND, 500034

Website

https://www.dhanroto.com

Dhanalaxmi Roto Spinners Ltd is engaged in the trading of Textiles, Paper and wood pulp. It operates in India. Majority of revenue is generated from sale of products.

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