Shakti Press (BOM:526841) Days Payable : 119.76 (As of Jun. 2024)

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What is Shakti Press Days Payable?

Shakti Press's average Accounts Payable for the three months ended in Jun. 2024 was ₹24.3 Mil. Shakti Press's Cost of Goods Sold for the three months ended in Jun. 2024 was ₹18.5 Mil. Hence, Shakti Press's Days Payable for the three months ended in Jun. 2024 was 119.76.

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

BOM:526841' s Days Payable Range Over the Past 10 Years
Min: 106.03 Med: 186.29 Max: 268.76
Current: 112.73

During the past 13 years, Shakti Press's highest Days Payable was 268.76. The lowest was 106.03. And the median was 186.29.

BOM:526841's Days Payable is ranked better than
77.99% of 927 companies
in the Business Services industry
Industry Median: 47.38 vs BOM:526841: 112.73

Shakti Press's Days Payable increased from Jun. 2023 (93.42) to Jun. 2024 (119.76). It may suggest that Shakti Press delayed paying its suppliers.

Shakti Press Days Payable Historical Data

The historical data trend for Shakti Press'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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Shakti Press Days Payable Chart

Shakti Press Annual Data

Trend

Jun14

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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182.00

268.76

190.58

190.66

113.21

Shakti Press Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Days Payable	Get a 7-Day Free Trial															93.42	106.83	142.09	102.87	119.76

Competitive Comparison of Shakti Press's Days Payable

For the Specialty Business Services subindustry, Shakti Press'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.

Shakti Press's Days Payable Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Shakti Press's Days Payable distribution charts can be found below:

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

Shakti Press 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.

Shakti Press'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
=	( (20.76	+	24.269)	/	2 )	/	72.591	*	365
=	22.5145					/	72.591	*	365
=	113.21

Shakti Press's Days Payable for the quarter that ended in Jun. 2024 is calculated as:

	Days Payable (Q: Jun. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2024 )	+	Accounts Payable (Q: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
=	( (24.269	+	0)	/	1 )	/	18.492	*	365 / 4
=	24.269					/	18.492	*	365 / 4
=	119.76

Shakti Press Days Payable Related Terms

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Shakti Press Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Shakti Press Ltd (BOM:526841) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

At Mondha Village, Tah Hingna, Nagpur, MH, IND, 440028

Website

https://www.shaktipresslimited.com

Shakti Press Ltd is engaged in the Books, corrugated Boxes, Paper Plates and Printed Labels manufacturing business. The company has an Automatic Folding and Pasting Machine for the manufacturing of DUPLEX CARTONS. The company's installed Capacity in the Corrugation Plant is more than 500 Tons per month.

Shakti Press Headlines

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