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RDB Rasayans (BOM:533608) Days Payable : 28.70 (As of Dec. 2023)


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What is RDB Rasayans Days Payable?

RDB Rasayans's average Accounts Payable for the three months ended in Dec. 2023 was ₹45 Mil. RDB Rasayans's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹144 Mil. Hence, RDB Rasayans's Days Payable for the three months ended in Dec. 2023 was 28.70.

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

BOM:533608' s Days Payable Range Over the Past 10 Years
Min: 14.46   Med: 20.64   Max: 34.87
Current: 18.67

During the past 13 years, RDB Rasayans's highest Days Payable was 34.87. The lowest was 14.46. And the median was 20.64.

BOM:533608's Days Payable is ranked worse than
93.78% of 370 companies
in the Packaging & Containers industry
Industry Median: 57.645 vs BOM:533608: 18.67

RDB Rasayans's Days Payable increased from Dec. 2022 (25.37) to Dec. 2023 (28.70). It may suggest that RDB Rasayans delayed paying its suppliers.


RDB Rasayans Days Payable Historical Data

The historical data trend for RDB Rasayans'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.

RDB Rasayans Days Payable Chart

RDB Rasayans Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.96 34.87 25.14 14.46 18.13

RDB Rasayans 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 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 25.37 9.84 18.79 25.76 28.70

Competitive Comparison of RDB Rasayans's Days Payable

For the Packaging & Containers subindustry, RDB Rasayans'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.


RDB Rasayans's Days Payable Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, RDB Rasayans's Days Payable distribution charts can be found below:

* The bar in red indicates where RDB Rasayans's Days Payable falls into.



RDB Rasayans 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.

RDB Rasayans'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
=( (42.995 + 30.727) / 2 ) / 742.252*365
=36.861 / 742.252*365
=18.13

RDB Rasayans'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
=( (45.436 + 0) / 1 ) / 144.475*365 / 4
=45.436 / 144.475*365 / 4
=28.70

* 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.


RDB Rasayans Days Payable Related Terms

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RDB Rasayans (BOM:533608) Business Description

Traded in Other Exchanges
N/A
Address
8/1 Lal Bazar Street, Bikaner Building, 3rd Floor, Room No. 9, Kolkata, WB, IND, 700001
RDB Rasayans Ltd is a manufacturer of polymer-based woven bags & FIBC (Jumbo bags) in India. It is engaged in the manufacturing of woven sacks, fabric, flexible intermediate bulk container (FIBC) and liner. Its woven sacks products include food grade bags, fertilizer bags, sugar bags, standard cement bags, and tea/coffee bags. Its fabric products include un-laminate and laminate fabric, ventilated fabric, transparent fabric, and polypropylene (PP) and jute mix fabric. Its FIBC products include circular bags, pallet-less baffle bags, sleeve bags, potato's bags, conical bags and asbestos bags. Geographically the company generates the majority of its revenue Within India.

RDB Rasayans (BOM:533608) Headlines

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