Raw Edge Industrial Solutions (BOM:541634) Days Payable : 111.59 (As of Mar. 2024)

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What is Raw Edge Industrial Solutions Days Payable?

Raw Edge Industrial Solutions's average Accounts Payable for the three months ended in Mar. 2024 was ₹84.6 Mil. Raw Edge Industrial Solutions's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹69.2 Mil. Hence, Raw Edge Industrial Solutions's Days Payable for the three months ended in Mar. 2024 was 111.59.

The historical rank and industry rank for Raw Edge Industrial Solutions's Days Payable or its related term are showing as below:

BOM:541634' s Days Payable Range Over the Past 10 Years
Min: 24.76 Med: 106.89 Max: 168.87
Current: 123.28

During the past 12 years, Raw Edge Industrial Solutions's highest Days Payable was 168.87. The lowest was 24.76. And the median was 106.89.

BOM:541634's Days Payable is ranked better than
76.8% of 375 companies
in the Building Materials industry
Industry Median: 66.04 vs BOM:541634: 123.28

Raw Edge Industrial Solutions's Days Payable declined from Mar. 2023 (134.00) to Mar. 2024 (111.59). It may suggest that Raw Edge Industrial Solutions accelerated paying its suppliers.

Raw Edge Industrial Solutions Days Payable Historical Data

The historical data trend for Raw Edge Industrial Solutions'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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Raw Edge Industrial Solutions Days Payable Chart

Raw Edge Industrial Solutions Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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168.87

122.63

137.07

144.94

127.84

Raw Edge Industrial Solutions Quarterly Data
	Sep18	Mar19	Sep19	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															134.00	130.55	108.75	137.55	111.59

Competitive Comparison of Raw Edge Industrial Solutions's Days Payable

For the Building Materials subindustry, Raw Edge Industrial Solutions'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.

Raw Edge Industrial Solutions's Days Payable Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Raw Edge Industrial Solutions's Days Payable distribution charts can be found below:

* The bar in red indicates where Raw Edge Industrial Solutions's Days Payable falls into.

Raw Edge Industrial Solutions 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.

Raw Edge Industrial Solutions'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
=	( (89.269	+	84.649)	/	2 )	/	248.272	*	365
=	86.959					/	248.272	*	365
=	127.84

Raw Edge Industrial Solutions'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	+	84.649)	/	1 )	/	69.222	*	365 / 4
=	84.649					/	69.222	*	365 / 4
=	111.59

Raw Edge Industrial Solutions Days Payable Related Terms

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Raw Edge Industrial Solutions (BOM:541634) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Raw Edge Industrial Solutions Ltd (BOM:541634) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

02, Navkruti Apartment, Behind B.R. Designs, Near Lal Bunglow, Athwa Lines, Surat, GJ, IND, 395007

Website

https://www.rawedge.in

Raw Edge Industrial Solutions Ltd is a manufacturer and supplier of minerals. Its product offerings include a quality range of Calcined Lime, Dolomitic Lime, Hydrated Lime, AAC Lime, Calcined Magnesite, Clinker, Quartz, Gypsum, and Imported Coal.

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