Shivamshree Businesses (BOM:538520) Days Payable : 11.28 (As of Mar. 2024)

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What is Shivamshree Businesses Days Payable?

Shivamshree Businesses's average Accounts Payable for the three months ended in Mar. 2024 was ₹3.5 Mil. Shivamshree Businesses's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹28.2 Mil. Hence, Shivamshree Businesses's Days Payable for the three months ended in Mar. 2024 was 11.28.

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

BOM:538520' s Days Payable Range Over the Past 10 Years
Min: 8.77 Med: 39.77 Max: 198.27
Current: 8.77

During the past 11 years, Shivamshree Businesses's highest Days Payable was 198.27. The lowest was 8.77. And the median was 39.77.

BOM:538520's Days Payable is not ranked
in the Consumer Packaged Goods industry.
Industry Median: 46.18 vs BOM:538520: 8.77

Shivamshree Businesses's Days Payable increased from Mar. 2023 (0.00) to Mar. 2024 (11.28). It may suggest that Shivamshree Businesses delayed paying its suppliers.

Shivamshree Businesses Days Payable Historical Data

The historical data trend for Shivamshree Businesses'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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Shivamshree Businesses Days Payable Chart

Shivamshree Businesses Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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43.72

25.45

18.09

8.77

Shivamshree Businesses Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															-	-	60.58	3.58	11.28

Competitive Comparison of Shivamshree Businesses's Days Payable

For the Farm Products subindustry, Shivamshree Businesses'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.

Shivamshree Businesses's Days Payable Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Shivamshree Businesses's Days Payable distribution charts can be found below:

* The bar in red indicates where Shivamshree Businesses's Days Payable falls into.

Shivamshree Businesses 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.

Shivamshree Businesses'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
=	( (0.385	+	3.486)	/	2 )	/	80.548	*	365
=	1.9355					/	80.548	*	365
=	8.77

Shivamshree Businesses's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (0	+	3.486)	/	1 )	/	28.207	*	365 / 4
=	3.486					/	28.207	*	365 / 4
=	11.28

Shivamshree Businesses Days Payable Related Terms

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Shivamshree Businesses (BOM:538520) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Shivamshree Businesses Ltd (BOM:538520) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

Prernatirth Derasar Road, 1st Floor, 12, Pushpak Apartment, Opposite Ratnakar 6, Jodhpur Gam, Satellite, Ahmedabad, GJ, IND, 380015

Website

http://www.shivamshree.com

Shivamshree Businesses Ltd is engaged in commercial dairy farming. It operates in the business segment of Dairy Products and Electric power generation using solar energy. The company also provides design, technology, and equipment which are the basis for establishing or upgrading dairy farms. It generates maximum revenue from the Trading of Goods.

Shivamshree Businesses (BOM:538520) Headlines

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