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Siddheswari Garments (BOM:526877) Days Payable : 25.70 (As of Dec. 2024)


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What is Siddheswari Garments Days Payable?

Siddheswari Garments's average Accounts Payable for the three months ended in Dec. 2024 was ₹0.08 Mil. Siddheswari Garments's Cost of Goods Sold for the three months ended in Dec. 2024 was ₹0.28 Mil. Hence, Siddheswari Garments's Days Payable for the three months ended in Dec. 2024 was 25.70.

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

BOM:526877' s Days Payable Range Over the Past 10 Years
Min: 3.29   Med: 17.66   Max: 495.27
Current: 38.29

During the past 9 years, Siddheswari Garments's highest Days Payable was 495.27. The lowest was 3.29. And the median was 17.66.

BOM:526877's Days Payable is ranked worse than
76% of 75 companies
in the Diversified Financial Services industry
Industry Median: 132.05 vs BOM:526877: 38.29

Siddheswari Garments's Days Payable declined from Dec. 2023 (63.03) to Dec. 2024 (25.70). It may suggest that Siddheswari Garments accelerated paying its suppliers.


Siddheswari Garments Days Payable Historical Data

The historical data trend for Siddheswari Garments'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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Siddheswari Garments Days Payable Chart

Siddheswari Garments Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Payable
Get a 7-Day Free Trial Premium Member Only 3.73 11.92 15.36 19.95 24.03

Siddheswari Garments 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 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 63.03 27.45 27.34 20.80 25.70

Competitive Comparison of Siddheswari Garments's Days Payable

For the Shell Companies subindustry, Siddheswari Garments'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.


Siddheswari Garments's Days Payable Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Siddheswari Garments's Days Payable distribution charts can be found below:

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


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Siddheswari Garments 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.

Siddheswari Garments'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
=( (0.064 + 0.074) / 2 ) / 1.048*365
=0.069 / 1.048*365
=24.03

Siddheswari Garments'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
=( (0.08 + 0) / 1 ) / 0.284*365 / 4
=0.08 / 0.284*365 / 4
=25.70

* 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.


Siddheswari Garments Days Payable Related Terms

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Siddheswari Garments Business Description

Traded in Other Exchanges
N/A
Address
9, India Exchange Place, 3rd Floor, Kolkata, WB, IND, 700 001
Siddheswari Garments Ltd is not engaged in trading activities and investing liquid funds to earn the ideal capital.

Siddheswari Garments Headlines

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