Bhilwara Technical Textiles (BOM:533108) Days Payable : 22.30 (As of Dec. 2023)

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What is Bhilwara Technical Textiles Days Payable?

Bhilwara Technical Textiles's average Accounts Payable for the three months ended in Dec. 2023 was ₹5.8 Mil. Bhilwara Technical Textiles's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹23.7 Mil. Hence, Bhilwara Technical Textiles's Days Payable for the three months ended in Dec. 2023 was 22.30.

The historical rank and industry rank for Bhilwara Technical Textiles's Days Payable or its related term are showing as below:

BOM:533108' s Days Payable Range Over the Past 10 Years
Min: 0.48 Med: 7.89 Max: 583.16
Current: 24.18

During the past 13 years, Bhilwara Technical Textiles's highest Days Payable was 583.16. The lowest was 0.48. And the median was 7.89.

BOM:533108's Days Payable is ranked worse than
81.12% of 1022 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 57.25 vs BOM:533108: 24.18

Bhilwara Technical Textiles's Days Payable increased from Dec. 2022 (0.00) to Dec. 2023 (22.30). It may suggest that Bhilwara Technical Textiles delayed paying its suppliers.

Bhilwara Technical Textiles Days Payable Historical Data

The historical data trend for Bhilwara Technical Textiles'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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Bhilwara Technical Textiles Days Payable Chart

Bhilwara Technical Textiles Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

Get a 7-Day Free Trial

583.16

121.03

0.48

0.63

13.16

Bhilwara Technical Textiles Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															-	25.91	24.10	24.25	22.30

Competitive Comparison of Bhilwara Technical Textiles's Days Payable

For the Textile Manufacturing subindustry, Bhilwara Technical Textiles'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.

Bhilwara Technical Textiles's Days Payable Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Bhilwara Technical Textiles's Days Payable falls into.

Bhilwara Technical Textiles 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.

Bhilwara Technical Textiles'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
=	( (0.47	+	7.495)	/	2 )	/	110.435	*	365
=	3.9825					/	110.435	*	365
=	13.16

Bhilwara Technical Textiles'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
=	( (5.799	+	0)	/	1 )	/	23.73	*	365 / 4
=	5.799					/	23.73	*	365 / 4
=	22.30

Bhilwara Technical Textiles Days Payable Related Terms

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Bhilwara Technical Textiles (BOM:533108) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Bhilwara Technical Textiles Ltd (BOM:533108) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

Bhilwara Towers, A-12, Sector-1, Noida, UP, IND, 201301

Website

https://www.bttl.co.in

Bhilwara Technical Textiles Ltd is engaged in the business of trading of yarns. The main objective of the company is to carry on the business of manufacturer, producer, dealer, importer, exporter, buyer, seller and dealer in and as broker, agent, stockist, distributor and supplier of all kinds of automotive and home furnishing fabrics, made-ups, apparels and other products, goods, nylon, articles and are made from or with cotton, silk, polyester, acrylic and other kinds of fiber.

Bhilwara Technical Textiles (BOM:533108) Headlines

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