Rajvir Industries (BOM:532665) Days Payable: 504.69 (As of Dec. 2020)

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BOM:532665 Rajvir Industries Ltd BOM:532665
4 GF Score
Price ₹7.84
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What is Rajvir Industries Days Payable?

Rajvir Industries BOM:532665 4 Days Payable is 504.69 as of Dec. 2020. GuruFocus rates BOM:532665 with a GF Score™ of 4/100.

Rajvir Industries's average Accounts Payable for the three months ended in Dec. 2020 was ₹294.8 Mil. Rajvir Industries's Cost of Goods Sold for the three months ended in Dec. 2020 was ₹53.3 Mil. Hence, Rajvir Industries's Days Payable for the three months ended in Dec. 2020 was 504.69.

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

BOM:532665's Days Payable is not ranked *
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 54.32
* Ranked among companies with meaningful Days Payable only.

Rajvir Industries's Days Payable declined from Dec. 2019 (741.12) to Dec. 2020 (504.69). It may suggest that Rajvir Industries accelerated paying its suppliers.


Rajvir Industries Days Payable Historical Data

* Premium members only.

The historical data trend for Rajvir Industries'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.

Rajvir Industries Days Payable Chart

Rajvir Industries Annual Data
Trend Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 147.54 144.32 228.40 221.02 502.06

Rajvir Industries Quarterly Data
Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
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 741.12 435.46 587.91 887.43 504.69

Rajvir Industries Days Payable Competitor Comparison

For the Textile Manufacturing subindustry, Rajvir Industries'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.


Rajvir Industries Days Payable vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Rajvir Industries's Days Payable distribution charts can be found below:

* The bar in red indicates where Rajvir Industries's Days Payable falls into.


BOM:532665
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Rajvir Industries Ltd BOM:532665
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Rajvir Industries 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.

Rajvir Industries's Days Payable for the fiscal year that ended in Mar. 2020 is calculated as

Days Payable (A: Mar. 2020 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2019 ) + Accounts Payable (A: Mar. 2020 )) / count ) / Cost of Goods Sold (A: Mar. 2020 )*Days in Period
=( (284.431 + 292.956) / 2 ) / 209.882*365
=288.6935 / 209.882*365
=502.06

Rajvir Industries's Days Payable for the quarter that ended in Dec. 2020 is calculated as:

Days Payable (Q: Dec. 2020 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2020 ) + Accounts Payable (Q: Dec. 2020 )) / count ) / Cost of Goods Sold (Q: Dec. 2020 )*Days in Period
=( (294.782 + 0) / 1 ) / 53.298*365 / 4
=294.782 / 53.298*365 / 4
=504.69

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 504.69 mean?
Rajvir Industries (BOM:532665) has a Days Payable of 504.69 as of Dec. 2020. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Rajvir Industries and its competitors.
Is Rajvir Industries' Days Payable too high?
Rajvir Industries' current Days Payable is 504.69. The Manufacturing - Apparel & Accessories industry median Days Payable is 54.32. Rajvir Industries' value of 504.69 is 829.1% above this industry median. Overall, Rajvir Industries has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Rajvir Industries' Days Payable compare to competitors?
Rajvir Industries' Days Payable of 504.69 can be compared against companies in the Manufacturing - Apparel & Accessories industry. The industry median Days Payable is 54.32. Rajvir Industries' value of 504.69 is 829.1% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Manufacturing - Apparel & Accessories company?
The median Days Payable among Manufacturing - Apparel & Accessories companies is 54.32, based on 1,019 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Rajvir Industries's current Days Payable of 504.69 is 829.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Rajvir Industries and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Payable is 54.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rajvir Industries's current Days Payable is 504.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rajvir Industries stock overvalued right now?
Rajvir Industries (BOM:532665) has a current Days Payable of 504.69. The current Days Payable is 504.69 and 829.1% above the Manufacturing - Apparel & Accessories industry median of 54.32. Rajvir Industries' overall GF Score™ is 4/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Rajvir Industries (BOM:532665), the current Days Payable is 504.69 as of Dec. 2020. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Rajvir Industries Business Description

Address 105, Sardar Patel Road, 1st Floor, Surya Towers, Secunderabad, TG, IND, 500003
Rajvir Industries Ltd is an integrated producer of cotton, melange, synthetics, modal, dyed products, compact yarn, flame-retardant, supima, silk, wool, cashmere, and angora blends. It provides all the yarns in both single and multi-fold. the company also provides fashion yarns, super specialty blends, technical textile products, and eco-friendly and fancy yarns. The company also exports its products in Asia, America, Africa, and internationally.
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₹7.84
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