UR Sugar Industries (BOM:539097) Days Payable : 680.18 (As of Mar. 2024)

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What is UR Sugar Industries Days Payable?

UR Sugar Industries's average Accounts Payable for the three months ended in Mar. 2024 was ₹1.95 Mil. UR Sugar Industries's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹0.26 Mil. Hence, UR Sugar Industries's Days Payable for the three months ended in Mar. 2024 was 680.18.

The historical rank and industry rank for UR Sugar Industries's Days Payable or its related term are showing as below:

BOM:539097' s Days Payable Range Over the Past 10 Years
Min: 0.01 Med: 3.47 Max: 407.73
Current: 208.55

During the past 9 years, UR Sugar Industries's highest Days Payable was 407.73. The lowest was 0.01. And the median was 3.47.

BOM:539097's Days Payable is ranked better than
59.73% of 524 companies
in the Capital Markets industry
Industry Median: 103.365 vs BOM:539097: 208.55

UR Sugar Industries's Days Payable increased from Mar. 2023 (38.63) to Mar. 2024 (680.18). It may suggest that UR Sugar Industries delayed paying its suppliers.

UR Sugar Industries Days Payable Historical Data

The historical data trend for UR Sugar Industries'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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UR Sugar Industries Days Payable Chart

UR Sugar Industries Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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0.48

1.36

3.47

1.96

407.73

UR Sugar Industries Quarterly Data
	Mar16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															38.63	56.91	11.17	9.76	680.18

Competitive Comparison of UR Sugar Industries's Days Payable

For the Capital Markets subindustry, UR Sugar Industries'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.

UR Sugar Industries's Days Payable Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, UR Sugar Industries's Days Payable distribution charts can be found below:

* The bar in red indicates where UR Sugar Industries's Days Payable falls into.

UR Sugar Industries 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.

UR Sugar Industries'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
=	( (0.406	+	3.859)	/	2 )	/	1.909	*	365
=	2.1325					/	1.909	*	365
=	407.73

UR Sugar Industries'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
=	( (0.032	+	3.859)	/	2 )	/	0.261	*	365 / 4
=	1.9455					/	0.261	*	365 / 4
=	680.18

UR Sugar Industries Days Payable Related Terms

Thank you for viewing the detailed overview of UR Sugar Industries's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

UR Sugar Industries (BOM:539097) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » UR Sugar Industries Ltd (BOM:539097) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

UR Building, Basweshware Circle, Bellad-Bagewadi, Taluka Hukkeri, District Belgaum, Belgaum, KA, IND, 591305

Website

https://www.hkglimited.com

UR Sugar Industries Ltd formerly HKG Ltd connects small businesses and empowers them to grow through its web interfaces and services. Its services include My RERA, Area Online, My Notification, My Locker, and Mera Financial, among others. It is also engaged in the trading of securities. The business verticals of the group have a presence in industries like Retail, Hyperlocal, E-commerce, Real Estate, Digital Marketing, News and Information, Web Services, and others.

UR Sugar Industries (BOM:539097) Headlines

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