Nakoda Group of Industries (BOM:541418) Days Payable : 33.59 (As of Dec. 2023)

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What is Nakoda Group of Industries Days Payable?

Nakoda Group of Industries's average Accounts Payable for the three months ended in Dec. 2023 was ₹48.9 Mil. Nakoda Group of Industries's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹132.8 Mil. Hence, Nakoda Group of Industries's Days Payable for the three months ended in Dec. 2023 was 33.59.

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

BOM:541418' s Days Payable Range Over the Past 10 Years
Min: 7.67 Med: 15.35 Max: 87.37
Current: 29.23

During the past 10 years, Nakoda Group of Industries's highest Days Payable was 87.37. The lowest was 7.67. And the median was 15.35.

BOM:541418's Days Payable is ranked worse than
73.14% of 1787 companies
in the Consumer Packaged Goods industry
Industry Median: 45.55 vs BOM:541418: 29.23

Nakoda Group of Industries's Days Payable increased from Dec. 2022 (22.80) to Dec. 2023 (33.59). It may suggest that Nakoda Group of Industries delayed paying its suppliers.

Nakoda Group of Industries Days Payable Historical Data

The historical data trend for Nakoda Group of 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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Nakoda Group of Industries Days Payable Chart

Nakoda Group of Industries Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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13.12

30.37

15.35

7.67

11.51

Nakoda Group of Industries Quarterly Data
	Dec17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															22.80	12.98	18.71	37.45	33.59

Competitive Comparison of Nakoda Group of Industries's Days Payable

For the Packaged Foods subindustry, Nakoda Group of 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.

Nakoda Group of Industries's Days Payable Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Nakoda Group of Industries's Days Payable distribution charts can be found below:

* The bar in red indicates where Nakoda Group of Industries's Days Payable falls into.

Nakoda Group of 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.

Nakoda Group of 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
=	( (14.721	+	14.338)	/	2 )	/	460.806	*	365
=	14.5295					/	460.806	*	365
=	11.51

Nakoda Group of 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
=	( (48.899	+	0)	/	1 )	/	132.842	*	365 / 4
=	48.899					/	132.842	*	365 / 4
=	33.59

Nakoda Group of Industries Days Payable Related Terms

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Nakoda Group of Industries (BOM:541418) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Nakoda Group of Industries Ltd (BOM:541418) » Definitions » Days Payable

Traded in Other Exchanges

NGIL:India

Address

South Old Bagad Ganj, Plot No. 239, Small Factory Area, Nagpur, MH, IND, 440008

Website

https://www.nakodas.com

Nakoda Group of Industries Ltd is engaged in the manufacturing of tutti fruity and canned fruit cubes. The company is also engaged in trading of sesame seeds, clove, cut peel murabba, karonda, daalchini and toor daal. Its product categories comprise of jams, candies, canned products, pickles, papads, bakery ingredients, edible seeds and nuts, fruit pulp, and chickpeas.

Nakoda Group of Industries (BOM:541418) Headlines

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