Shree Ajit Pulp And Paper (BOM:538795) Days Payable : 51.11 (As of Mar. 2024)

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What is Shree Ajit Pulp And Paper Days Payable?

Shree Ajit Pulp And Paper's average Accounts Payable for the three months ended in Mar. 2024 was ₹355 Mil. Shree Ajit Pulp And Paper's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹635 Mil. Hence, Shree Ajit Pulp And Paper's Days Payable for the three months ended in Mar. 2024 was 51.11.

The historical rank and industry rank for Shree Ajit Pulp And Paper's Days Payable or its related term are showing as below:

BOM:538795' s Days Payable Range Over the Past 10 Years
Min: 30.35 Med: 35.54 Max: 60.87
Current: 60.45

During the past 13 years, Shree Ajit Pulp And Paper's highest Days Payable was 60.87. The lowest was 30.35. And the median was 35.54.

BOM:538795's Days Payable is ranked better than
53.24% of 278 companies
in the Forest Products industry
Industry Median: 57.6 vs BOM:538795: 60.45

Shree Ajit Pulp And Paper's Days Payable increased from Mar. 2023 (41.48) to Mar. 2024 (51.11). It may suggest that Shree Ajit Pulp And Paper delayed paying its suppliers.

Shree Ajit Pulp And Paper Days Payable Historical Data

The historical data trend for Shree Ajit Pulp And Paper'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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Shree Ajit Pulp And Paper Days Payable Chart

Shree Ajit Pulp And Paper Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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42.05

43.54

30.35

34.62

60.87

Shree Ajit Pulp And Paper 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															41.48	42.37	64.23	118.06	51.11

Competitive Comparison of Shree Ajit Pulp And Paper's Days Payable

For the Paper & Paper Products subindustry, Shree Ajit Pulp And Paper'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.

Shree Ajit Pulp And Paper's Days Payable Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Shree Ajit Pulp And Paper's Days Payable distribution charts can be found below:

* The bar in red indicates where Shree Ajit Pulp And Paper's Days Payable falls into.

Shree Ajit Pulp And Paper 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.

Shree Ajit Pulp And Paper'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
=	( (214.899	+	355.466)	/	2 )	/	1710.184	*	365
=	285.1825					/	1710.184	*	365
=	60.87

Shree Ajit Pulp And Paper'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	+	355.466)	/	1 )	/	634.663	*	365 / 4
=	355.466					/	634.663	*	365 / 4
=	51.11

Shree Ajit Pulp And Paper Days Payable Related Terms

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Shree Ajit Pulp And Paper (BOM:538795) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Shree Ajit Pulp And Paper Ltd (BOM:538795) » Definitions » Days Payable

Traded in Other Exchanges

890195:India

Address

Survey No 239, Village Salvav, 106,107,108P & 105P, Near Morai Railway Crossing, District Valsad, Vapi, GJ, IND, 396191

Website

https://www.shreeajit.com

Shree Ajit Pulp And Paper Ltd is engaged in the manufacturing of kraft paper. The company operates through a single operating segment which is the manufacturing of kraft paper. The product includes multilayer test liner and test liner paper and is available in two shades which are natural and golden yellow. The kraft papers of the company are mainly used for making corrugated boxes, duplex cartons, and packaging material.

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