Arvind Fashions (BOM:542484) Days Payable : 159.93 (As of Mar. 2024)

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What is Arvind Fashions Days Payable?

Arvind Fashions's average Accounts Payable for the three months ended in Mar. 2024 was ₹9,362 Mil. Arvind Fashions's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹5,342 Mil. Hence, Arvind Fashions's Days Payable for the three months ended in Mar. 2024 was 159.93.

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

BOM:542484' s Days Payable Range Over the Past 10 Years
Min: 155.43 Med: 188.28 Max: 340.67
Current: 175.83

During the past 9 years, Arvind Fashions's highest Days Payable was 340.67. The lowest was 155.43. And the median was 188.28.

BOM:542484's Days Payable is ranked better than
90.24% of 1014 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 56.335 vs BOM:542484: 175.83

Arvind Fashions's Days Payable declined from Mar. 2023 (188.35) to Mar. 2024 (159.93). It may suggest that Arvind Fashions accelerated paying its suppliers.

Arvind Fashions Days Payable Historical Data

The historical data trend for Arvind Fashions'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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Arvind Fashions Days Payable Chart

Arvind Fashions Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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220.88

340.67

194.00

182.56

175.21

Arvind Fashions 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															188.35	205.95	164.30	200.50	159.93

Competitive Comparison of Arvind Fashions's Days Payable

For the Apparel Manufacturing subindustry, Arvind Fashions'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.

Arvind Fashions's Days Payable Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Arvind Fashions's Days Payable distribution charts can be found below:

* The bar in red indicates where Arvind Fashions's Days Payable falls into.

Arvind Fashions 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.

Arvind Fashions'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
=	( (10195	+	9362.2)	/	2 )	/	20371	*	365
=	9778.6					/	20371	*	365
=	175.21

Arvind Fashions'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	+	9362.2)	/	1 )	/	5341.7	*	365 / 4
=	9362.2					/	5341.7	*	365 / 4
=	159.93

Arvind Fashions Days Payable Related Terms

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Arvind Fashions (BOM:542484) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Arvind Fashions Ltd (BOM:542484) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

ARVINDFASN:India

Address

17, M.G Road, Du Parc Trinity, 8th Floor, Bangalore, KA, IND, 560 001

Website

https://www.arvind.com

Arvind Fashions Ltd is a branded apparel & Accessories company. The company's brands include US Polo, Tommy Hilfiger, Nautica, GAP, Calvin Klein, and others. Geographically, it derives a majority of its revenue from India. Its business activity falls within a single operating business segment of Branded Apparels.

Arvind Fashions (BOM:542484) Headlines

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