Freshtrop Fruits (BOM:530077) Days Payable : 14.29 (As of Mar. 2024)

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What is Freshtrop Fruits Days Payable?

Freshtrop Fruits's average Accounts Payable for the three months ended in Mar. 2024 was ₹46 Mil. Freshtrop Fruits's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹291 Mil. Hence, Freshtrop Fruits's Days Payable for the three months ended in Mar. 2024 was 14.29.

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

BOM:530077' s Days Payable Range Over the Past 10 Years
Min: 45.37 Med: 137.3 Max: 229.63
Current: 45.37

During the past 13 years, Freshtrop Fruits's highest Days Payable was 229.63. The lowest was 45.37. And the median was 137.30.

BOM:530077's Days Payable is ranked better than
50.83% of 301 companies
in the Retail - Defensive industry
Industry Median: 44.54 vs BOM:530077: 45.37

Freshtrop Fruits's Days Payable declined from Mar. 2023 (207.01) to Mar. 2024 (14.29). It may suggest that Freshtrop Fruits accelerated paying its suppliers.

Freshtrop Fruits Days Payable Historical Data

The historical data trend for Freshtrop Fruits'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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Freshtrop Fruits Days Payable Chart

Freshtrop Fruits Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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150.14

164.11

139.01

229.63

106.63

Freshtrop Fruits 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															207.01	52.79	30.04	15.68	14.29

Competitive Comparison of Freshtrop Fruits's Days Payable

For the Food Distribution subindustry, Freshtrop Fruits'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.

Freshtrop Fruits's Days Payable Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Freshtrop Fruits's Days Payable distribution charts can be found below:

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

Freshtrop Fruits 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.

Freshtrop Fruits'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
=	( (417.418	+	45.533)	/	2 )	/	792.324	*	365
=	231.4755					/	792.324	*	365
=	106.63

Freshtrop Fruits'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	+	45.533)	/	1 )	/	290.736	*	365 / 4
=	45.533					/	290.736	*	365 / 4
=	14.29

Freshtrop Fruits Days Payable Related Terms

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Freshtrop Fruits (BOM:530077) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Freshtrop Fruits Ltd (BOM:530077) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

S. G. Road, A-603, Shapath IV, Opposite Karnavati Club, Ahmedabad, GJ, IND, 380015

Website

https://www.freshtrop.com

Freshtrop Fruits Ltd is an India-based company engaged in the export of fresh fruits and processed fruits and vegetables with its business base in India. The company operates in two segments, Fresh Fruits and Processed fruits and vegetables. The Fresh Fruits segment, which is the key revenue driver, supplies fresh grapes, pomegranates, and mangoes. The Processed fruits and vegetables segment supplies mango pulp, guava pulp, pomegranate concentrate, tomato paste, and puree and cold processed juice. Geographically, it has operations in India as well as outside India; of which the majority of revenue is derived from customers outside India.

Freshtrop Fruits (BOM:530077) Headlines

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