Megastar Foods (BOM:541352) Days Payable : 3.90 (As of Mar. 2024)

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What is Megastar Foods Days Payable?

Megastar Foods's average Accounts Payable for the three months ended in Mar. 2024 was ₹24 Mil. Megastar Foods's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹564 Mil. Hence, Megastar Foods's Days Payable for the three months ended in Mar. 2024 was 3.90.

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

BOM:541352' s Days Payable Range Over the Past 10 Years
Min: 0.54 Med: 3.51 Max: 8.55
Current: 8.55

During the past 12 years, Megastar Foods's highest Days Payable was 8.55. The lowest was 0.54. And the median was 3.51.

BOM:541352's Days Payable is ranked worse than
96.65% of 1792 companies
in the Consumer Packaged Goods industry
Industry Median: 46.25 vs BOM:541352: 8.55

Megastar Foods's Days Payable increased from Mar. 2023 (2.80) to Mar. 2024 (3.90). It may suggest that Megastar Foods delayed paying its suppliers.

Megastar Foods Days Payable Historical Data

The historical data trend for Megastar 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.

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Megastar Foods Days Payable Chart

Megastar Foods Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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1.32

3.72

4.47

3.29

4.19

Megastar Foods Quarterly Data
	Dec17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															2.80	5.97	15.96	14.95	3.90

Competitive Comparison of Megastar Foods's Days Payable

For the Packaged Foods subindustry, Megastar 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.

Megastar Foods's Days Payable Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Megastar Foods's Days Payable falls into.

Megastar 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.

Megastar 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
=	( (31.697	+	24.141)	/	2 )	/	2434.13	*	365
=	27.919					/	2434.13	*	365
=	4.19

Megastar 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	+	24.141)	/	1 )	/	564.453	*	365 / 4
=	24.141					/	564.453	*	365 / 4
=	3.90

Megastar Foods Days Payable Related Terms

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Megastar Foods (BOM:541352) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Megastar Foods Ltd (BOM:541352) » Definitions » Days Payable

Traded in Other Exchanges

MEGASTAR:India

Address

Plot Number 807, Industrial Area, Phase II, Chandigarh, PB, IND, 160002

Website

https://www.megastarfoods.com

Megastar Foods Ltd is engaged in the manufacturing of food products such as wheat flour, organic wheat flour products, and allied flour products. The company produces food products related to wheat such as Atta-wheat flour products, Maida-Fine wheat flour products, Suji/Rawa-Semolina, Chokar/Wheat Bran, Organic Atta, Organic whole Wheat flour and Organic wheat flour, and others.

Megastar Foods (BOM:541352) Headlines

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