Parshva Enterprises (BOM:542694) Days Payable : 60.91 (As of Dec. 2024)

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What is Parshva Enterprises Days Payable?

Parshva Enterprises's average Accounts Payable for the three months ended in Dec. 2024 was ₹39.1 Mil. Parshva Enterprises's Cost of Goods Sold for the three months ended in Dec. 2024 was ₹58.5 Mil. Hence, Parshva Enterprises's Days Payable for the three months ended in Dec. 2024 was 60.91.

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

BOM:542694' s Days Payable Range Over the Past 10 Years
Min: 0 Med: 0 Max: 56.08
Current: 56.08

During the past 7 years, Parshva Enterprises's highest Days Payable was 56.08. The lowest was 0.00. And the median was 0.00.

BOM:542694's Days Payable is ranked better than
51.01% of 1090 companies
in the Retail - Cyclical industry
Industry Median: 54.98 vs BOM:542694: 56.08

Parshva Enterprises's Days Payable increased from Dec. 2023 (0.00) to Dec. 2024 (60.91). It may suggest that Parshva Enterprises delayed paying its suppliers.

Parshva Enterprises Days Payable Historical Data

The historical data trend for Parshva Enterprises'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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Parshva Enterprises Days Payable Chart

Parshva Enterprises Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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Parshva Enterprises Quarterly Data
	Mar19	Sep19	Mar20	Sep20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Payable	Get a 7-Day Free Trial															-	-	-	60.39	60.91

Competitive Comparison of Parshva Enterprises's Days Payable

For the Luxury Goods subindustry, Parshva Enterprises'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.

Parshva Enterprises's Days Payable Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Parshva Enterprises's Days Payable distribution charts can be found below:

* The bar in red indicates where Parshva Enterprises's Days Payable falls into.

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Parshva Enterprises 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.

Parshva Enterprises'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
=	( (0	+	0)	/	1 )	/	240.531	*	365
=	0					/	240.531	*	365
=	0.00

Parshva Enterprises's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

	Days Payable (Q: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2024 )	+	Accounts Payable (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (39.058	+	0)	/	1 )	/	58.516	*	365 / 4
=	39.058					/	58.516	*	365 / 4
=	60.91

Parshva Enterprises Days Payable Related Terms

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Parshva Enterprises Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Parshva Enterprises Ltd (BOM:542694) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

Ramchandra Lane Extension, A-Wing, 811, Jaswanti Allied Business Centre, Malad (West), Mumbai, MH, IND, 400064

Website

http://www.parshvaenterprises.co.in

Parshva Enterprises Ltd deals in a variety of diamonds which include both rough and polished diamonds. It is also engaged in gold jewellery business. It sells gold jewellery such as Bangles, Necklace, Bracelet, Earrings, Pendant, and other related products. Further, it is also engaged in investment in real estate properties in Mumbai for the purpose of selling them for trading gains.

Parshva Enterprises Headlines

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