Jain Marmo Industries (BOM:539119) Days Payable : 305.51 (As of Dec. 2023)

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What is Jain Marmo Industries Days Payable?

Jain Marmo Industries's average Accounts Payable for the three months ended in Dec. 2023 was ₹5.01 Mil. Jain Marmo Industries's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹1.50 Mil. Hence, Jain Marmo Industries's Days Payable for the three months ended in Dec. 2023 was 305.51.

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

BOM:539119' s Days Payable Range Over the Past 10 Years
Min: 72.08 Med: 126.21 Max: 319.37
Current: 266.45

During the past 9 years, Jain Marmo Industries's highest Days Payable was 319.37. The lowest was 72.08. And the median was 126.21.

BOM:539119's Days Payable is not ranked
in the Construction industry.
Industry Median: 74.72 vs BOM:539119: 266.45

Jain Marmo Industries's Days Payable declined from Dec. 2022 (371.15) to Dec. 2023 (305.51). It may suggest that Jain Marmo Industries accelerated paying its suppliers.

Jain Marmo Industries Days Payable Historical Data

The historical data trend for Jain Marmo 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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Jain Marmo Industries Days Payable Chart

Jain Marmo Industries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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144.58

79.43

214.16

319.37

211.37

Jain Marmo Industries Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															371.15	86.96	936.27	1,284.68	305.51

Competitive Comparison of Jain Marmo Industries's Days Payable

For the Building Products & Equipment subindustry, Jain Marmo 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.

Jain Marmo Industries's Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, Jain Marmo Industries's Days Payable distribution charts can be found below:

* The bar in red indicates where Jain Marmo Industries's Days Payable falls into.

Jain Marmo 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.

Jain Marmo Industries's Days Payable for the fiscal year that ended in Mar. 2023 is calculated as

	Days Payable (A: Mar. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2022 )	+	Accounts Payable (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (3.586	+	3.427)	/	2 )	/	6.055	*	365
=	3.5065					/	6.055	*	365
=	211.37

Jain Marmo Industries's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (5.012	+	0)	/	1 )	/	1.497	*	365 / 4
=	5.012					/	1.497	*	365 / 4
=	305.51

Jain Marmo Industries Days Payable Related Terms

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Jain Marmo Industries (BOM:539119) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Jain Marmo Industries Ltd (BOM:539119) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

National Highway No. 8, Sukher, Udaipur, RJ, IND, 313 001

Website

https://www.jainmarmo.com

Jain Marmo Industries Ltd is an India-based company engaged in manufacturing Marble Blocks/Slabs/Other Stones. The company's product categories include Imported Marble, Domestic Marble, Granite - North, Granite - South, and Blue Onyx. It generates maximum revenue from domestic sales.

Jain Marmo Industries (BOM:539119) Headlines

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