Stanpacks (India) (BOM:530931) Days Payable : 25.90 (As of Dec. 2023)

View and export this data going back to 2001. Start your Free Trial

What is Stanpacks (India) Days Payable?

Stanpacks (India)'s average Accounts Payable for the three months ended in Dec. 2023 was ₹8.6 Mil. Stanpacks (India)'s Cost of Goods Sold for the three months ended in Dec. 2023 was ₹30.4 Mil. Hence, Stanpacks (India)'s Days Payable for the three months ended in Dec. 2023 was 25.90.

The historical rank and industry rank for Stanpacks (India)'s Days Payable or its related term are showing as below:

BOM:530931' s Days Payable Range Over the Past 10 Years
Min: 30.88 Med: 66.15 Max: 125.05
Current: 30.88

During the past 13 years, Stanpacks (India)'s highest Days Payable was 125.05. The lowest was 30.88. And the median was 66.15.

BOM:530931's Days Payable is ranked worse than
81.52% of 368 companies
in the Packaging & Containers industry
Industry Median: 57.64 vs BOM:530931: 30.88

Stanpacks (India)'s Days Payable increased from Sep. 2022 (18.17) to Dec. 2023 (25.90). It may suggest that Stanpacks (India) delayed paying its suppliers.

Stanpacks (India) Days Payable Historical Data

The historical data trend for Stanpacks (India)'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.

* Premium members only.

Stanpacks (India) Days Payable Chart

Stanpacks (India) Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

Get a 7-Day Free Trial

42.87

55.94

58.19

43.87

33.69

Stanpacks (India) Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															18.17	26.64	25.57	16.24	25.90

Competitive Comparison of Stanpacks (India)'s Days Payable

For the Packaging & Containers subindustry, Stanpacks (India)'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.

Stanpacks (India)'s Days Payable Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Stanpacks (India)'s Days Payable distribution charts can be found below:

* The bar in red indicates where Stanpacks (India)'s Days Payable falls into.

Stanpacks (India) 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.

Stanpacks (India)'s Days Payable for the fiscal year that ended in Mar. 2023 is calculated as

	Days Payable (A: Mar. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2022 )	+	Accounts Payable (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (26.677	+	12.626)	/	2 )	/	212.901	*	365
=	19.6515					/	212.901	*	365
=	33.69

Stanpacks (India)'s Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (8.626	+	0)	/	1 )	/	30.394	*	365 / 4
=	8.626					/	30.394	*	365 / 4
=	25.90

Stanpacks (India) Days Payable Related Terms

Thank you for viewing the detailed overview of Stanpacks (India)'s Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Stanpacks (India) (BOM:530931) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Stanpacks (India) Ltd (BOM:530931) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Nowroji Road, Chetpet, S. K. Enclave, New No. 4 (Old No. 47), Chennai, TN, IND, 600031

Website

http://www.blissgroup.com

Stanpacks (India) Ltd is an India based company operating in the packaging industry by manufacturing waterproof packing materials. It operates in the business segment of producing Polypropylene(PP) bags in India. The products of the group include woven sacks, PP kraft paper laminated bags, multi-wall paper bags, hessian rolls bags, poly-coated paper, waterproof paper and wax paper. In addition, the firm also manufactures engineering products such as FIBC filling machines and FIBC discharging machines.

Stanpacks (India) (BOM:530931) Headlines

No Headlines