Vishal Fabrics (BOM:538598) Days Payable : 23.22 (As of Mar. 2024)

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What is Vishal Fabrics Days Payable?

Vishal Fabrics's average Accounts Payable for the three months ended in Mar. 2024 was ₹939 Mil. Vishal Fabrics's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹3,692 Mil. Hence, Vishal Fabrics's Days Payable for the three months ended in Mar. 2024 was 23.22.

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

BOM:538598' s Days Payable Range Over the Past 10 Years
Min: 29.73 Med: 46.43 Max: 84.37
Current: 30.21

During the past 11 years, Vishal Fabrics's highest Days Payable was 84.37. The lowest was 29.73. And the median was 46.43.

BOM:538598's Days Payable is ranked worse than
75.27% of 1019 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 56.07 vs BOM:538598: 30.21

Vishal Fabrics's Days Payable declined from Mar. 2023 (32.48) to Mar. 2024 (23.22). It may suggest that Vishal Fabrics accelerated paying its suppliers.

Vishal Fabrics Days Payable Historical Data

The historical data trend for Vishal Fabrics'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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Vishal Fabrics Days Payable Chart

Vishal Fabrics Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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49.24

60.71

37.18

35.75

29.73

Vishal Fabrics 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															32.48	36.45	36.86	28.07	23.22

Competitive Comparison of Vishal Fabrics's Days Payable

For the Textile Manufacturing subindustry, Vishal Fabrics'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.

Vishal Fabrics's Days Payable Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Vishal Fabrics's Days Payable falls into.

Vishal Fabrics 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.

Vishal Fabrics'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
=	( (1177.6	+	939.185)	/	2 )	/	12995.866	*	365
=	1058.3925					/	12995.866	*	365
=	29.73

Vishal Fabrics'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	+	939.185)	/	1 )	/	3691.59	*	365 / 4
=	939.185					/	3691.59	*	365 / 4
=	23.22

Vishal Fabrics Days Payable Related Terms

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Vishal Fabrics (BOM:538598) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Vishal Fabrics Ltd (BOM:538598) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

Bopal - Ambli Road, Shanti Corporate House, Near Hira Rupa Hall, Bopal, Ahmedabad, GJ, IND, 380058

Website

https://www.vishalfabricsltd.com

Vishal Fabrics Ltd is an Indian company engaged in the business of manufacturing and sale of textile. Its activities include dying, printing, and processing of fabrics of its own and also on job work basis. The company mainly procures grey fabric and dyes, and prints. The company sells Manufactured goods; which includes fabric sales, grey fabric sales, and yarn sales and Trading goods; which include chips sales. It also offers services which include Job work sales. The group operates its business primarily in India.

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