Tinna Trade (BOM:541741) Days Payable : 37.65 (As of Mar. 2024)

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What is Tinna Trade Days Payable?

Tinna Trade's average Accounts Payable for the three months ended in Mar. 2024 was ₹343 Mil. Tinna Trade's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹831 Mil. Hence, Tinna Trade's Days Payable for the three months ended in Mar. 2024 was 37.65.

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

BOM:541741' s Days Payable Range Over the Past 10 Years
Min: 5.68 Med: 19.39 Max: 74.1
Current: 33.3

During the past 10 years, Tinna Trade's highest Days Payable was 74.10. The lowest was 5.68. And the median was 19.39.

BOM:541741's Days Payable is ranked worse than
66.11% of 301 companies
in the Retail - Defensive industry
Industry Median: 43.96 vs BOM:541741: 33.30

Tinna Trade's Days Payable increased from Mar. 2023 (28.11) to Mar. 2024 (37.65). It may suggest that Tinna Trade delayed paying its suppliers.

Tinna Trade Days Payable Historical Data

The historical data trend for Tinna Trade'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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Tinna Trade Days Payable Chart

Tinna Trade Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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10.42

14.03

20.90

25.68

39.12

Tinna Trade Quarterly Data
	Jun19	Sep19	Dec19	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															28.11	42.91	17.15	29.38	37.65

Competitive Comparison of Tinna Trade's Days Payable

For the Food Distribution subindustry, Tinna Trade'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.

Tinna Trade's Days Payable Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Tinna Trade's Days Payable distribution charts can be found below:

* The bar in red indicates where Tinna Trade's Days Payable falls into.

Tinna Trade 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.

Tinna Trade'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
=	( (151.564	+	342.986)	/	2 )	/	2307.227	*	365
=	247.275					/	2307.227	*	365
=	39.12

Tinna Trade'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	+	342.986)	/	1 )	/	831.285	*	365 / 4
=	342.986					/	831.285	*	365 / 4
=	37.65

Tinna Trade Days Payable Related Terms

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Tinna Trade (BOM:541741) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Tinna Trade Ltd (BOM:541741) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Mandi Road, No. 6 Sultanpur, Mehrauli, New Delhi, IND, 110030

Website

http://www.tinnatrade.in

Tinna Trade Ltd is an India-based company engaged in wholesale trade services of agricultural commodities. It deals in pulses like yellow peas, green peas, chickpeas, lentils, kaspa peas, toor, and in grains and oilseed like wheat, maize, millet, sorghum, barley, mustard, soybean, edible oils, rapeseed meal. It has three operating segments: Trading in Agro Commodities; Cargo handling agent services; and Storage and warehousing services.

Tinna Trade (BOM:541741) Headlines

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