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True Green Bio Energy (BOM:533407) Days Payable : 334.31 (As of Dec. 2024)


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What is True Green Bio Energy Days Payable?

True Green Bio Energy's average Accounts Payable for the three months ended in Dec. 2024 was ₹35.6 Mil. True Green Bio Energy's Cost of Goods Sold for the three months ended in Dec. 2024 was ₹9.7 Mil. Hence, True Green Bio Energy's Days Payable for the three months ended in Dec. 2024 was 334.31.

The historical rank and industry rank for True Green Bio Energy's Days Payable or its related term are showing as below:

BOM:533407' s Days Payable Range Over the Past 10 Years
Min: 60.73   Med: 72.39   Max: 114.87
Current: 62.76

During the past 13 years, True Green Bio Energy's highest Days Payable was 114.87. The lowest was 60.73. And the median was 72.39.

BOM:533407's Days Payable is ranked better than
56.38% of 1011 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 53.84 vs BOM:533407: 62.76

True Green Bio Energy's Days Payable increased from Dec. 2023 (0.00) to Dec. 2024 (334.31). It may suggest that True Green Bio Energy delayed paying its suppliers.


True Green Bio Energy Days Payable Historical Data

The historical data trend for True Green Bio Energy'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.

True Green Bio Energy Days Payable Chart

True Green Bio Energy Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 84.76 114.87 - - -

True Green Bio Energy 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 - - 130.82 23.25 334.31

Competitive Comparison of True Green Bio Energy's Days Payable

For the Textile Manufacturing subindustry, True Green Bio Energy'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.


True Green Bio Energy's Days Payable Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where True Green Bio Energy's Days Payable falls into.


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True Green Bio Energy 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.

True Green Bio Energy'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
=( (17.616 + 30.612) / 2 ) / 0*365
=24.114 / 0*365
=N/A

True Green Bio Energy'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
=( (35.574 + 0) / 1 ) / 9.71*365 / 4
=35.574 / 9.71*365 / 4
=334.31

* 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.


True Green Bio Energy Days Payable Related Terms

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True Green Bio Energy Business Description

Traded in Other Exchanges
N/A
Address
Shivranjani Cross Roads, Chiripal House, Satellite, Ahmedabad, GJ, IND, 380015
True Green Bio Energy Ltd, formerly CIL Nova Petrochemicals Ltd is a fibre manufacturing company based in India. The company is engaged in manufacturing of polyster oriented yarn and fully drawn yarn. In addition, it also includes blended manmade fibres and others.

True Green Bio Energy Headlines

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