Gleam Fabmat (BOM:542477) Days Payable : 495.99 (As of Mar. 2024)

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What is Gleam Fabmat Days Payable?

Gleam Fabmat's average Accounts Payable for the six months ended in Mar. 2024 was ₹16.70 Mil. Gleam Fabmat's Cost of Goods Sold for the six months ended in Mar. 2024 was ₹6.14 Mil. Hence, Gleam Fabmat's Days Payable for the six months ended in Mar. 2024 was 495.99.

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

BOM:542477' s Days Payable Range Over the Past 10 Years
Min: 52.3 Med: 248.62 Max: 997.65
Current: 997.65

During the past 6 years, Gleam Fabmat's highest Days Payable was 997.65. The lowest was 52.30. And the median was 248.62.

BOM:542477's Days Payable is not ranked
in the Metals & Mining industry.
Industry Median: 138.105 vs BOM:542477: 997.65

Gleam Fabmat's Days Payable increased from Mar. 2023 (0.00) to Mar. 2024 (495.99). It may suggest that Gleam Fabmat delayed paying its suppliers.

Gleam Fabmat Days Payable Historical Data

The historical data trend for Gleam Fabmat'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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Gleam Fabmat Days Payable Chart

Gleam Fabmat Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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248.62

52.30

403.55

990.31

Gleam Fabmat Semi-Annual Data
	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Days Payable	Get a 7-Day Free Trial							-	-	-	-	495.99

Competitive Comparison of Gleam Fabmat's Days Payable

For the Aluminum subindustry, Gleam Fabmat'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.

Gleam Fabmat's Days Payable Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Gleam Fabmat's Days Payable distribution charts can be found below:

* The bar in red indicates where Gleam Fabmat's Days Payable falls into.

Gleam Fabmat 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.

Gleam Fabmat'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
=	( (16.982	+	16.352)	/	2 )	/	6.143	*	365
=	16.667					/	6.143	*	365
=	990.31

Gleam Fabmat'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: Sep. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (17.038	+	16.352)	/	2 )	/	6.143	*	365 / 2
=	16.695					/	6.143	*	365 / 2
=	495.99

Gleam Fabmat Days Payable Related Terms

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Gleam Fabmat (BOM:542477) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Gleam Fabmat Ltd (BOM:542477) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

Prahladnagar Trade Center Radio Mirchi Road, D-1209, Vejalpur, Ahmedabad, GJ, IND, 380051

Website

http://www.gflaluminum.in

Gleam Fabmat Ltd is engaged in two primary businesses Segment Trading in aluminum and allied metal products and Trading in textiles products Trading in aluminum and allied metal products have a major contribution towards total Revenue.

Gleam Fabmat (BOM:542477) Headlines

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