GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Gold Coin Health Foods Ltd (BOM:538542) » Definitions » Days Payable

Gold Coin Health Foods (BOM:538542) Days Payable : 1,835.04 (As of Mar. 2024)


View and export this data going back to 2014. Start your Free Trial

What is Gold Coin Health Foods Days Payable?

Gold Coin Health Foods's average Accounts Payable for the three months ended in Mar. 2024 was ₹2.01 Mil. Gold Coin Health Foods's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹0.10 Mil. Hence, Gold Coin Health Foods's Days Payable for the three months ended in Mar. 2024 was 1,835.04.

The historical rank and industry rank for Gold Coin Health Foods's Days Payable or its related term are showing as below:

BOM:538542' s Days Payable Range Over the Past 10 Years
Min: 0.98   Med: 100.21   Max: 2502.45
Current: 2502.45

During the past 11 years, Gold Coin Health Foods's highest Days Payable was 2502.45. The lowest was 0.98. And the median was 100.21.

BOM:538542's Days Payable is ranked better than
99.05% of 1794 companies
in the Consumer Packaged Goods industry
Industry Median: 46.18 vs BOM:538542: 2502.45

Gold Coin Health Foods's Days Payable increased from Mar. 2023 (1,584.01) to Mar. 2024 (1,835.04). It may suggest that Gold Coin Health Foods delayed paying its suppliers.


Gold Coin Health Foods Days Payable Historical Data

The historical data trend for Gold Coin Health Foods'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.

Gold Coin Health Foods Days Payable Chart

Gold Coin Health Foods 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 133.55 312.76 818.84 1,899.85 2,450.71

Gold Coin Health Foods 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 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 1,584.01 3,369.61 2,883.77 2,514.05 1,835.04

Competitive Comparison of Gold Coin Health Foods's Days Payable

For the Farm Products subindustry, Gold Coin Health Foods'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.


Gold Coin Health Foods's Days Payable Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Gold Coin Health Foods's Days Payable distribution charts can be found below:

* The bar in red indicates where Gold Coin Health Foods's Days Payable falls into.



Gold Coin Health Foods 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.

Gold Coin Health Foods'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
=( (2.031 + 2.011) / 2 ) / 0.301*365
=2.021 / 0.301*365
=2,450.71

Gold Coin Health Foods'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 + 2.011) / 1 ) / 0.1*365 / 4
=2.011 / 0.1*365 / 4
=1,835.04

* 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.


Gold Coin Health Foods Days Payable Related Terms

Thank you for viewing the detailed overview of Gold Coin Health Foods's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.


Gold Coin Health Foods (BOM:538542) Business Description

Traded in Other Exchanges
N/A
Address
66/392, Pragatinagar, Naranpura, Ahmedabad, GJ, IND, 380013
Gold Coin Health Foods Ltd is an India-based company engaged in the Trading of Food Products mainly, in milk. The Company collects Raw Materials and supplies them to the big dairy for finished products.

Gold Coin Health Foods (BOM:538542) Headlines

No Headlines