Goblin India (BOM:542850) Days Payable : 126.98 (As of Sep. 2023)

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What is Goblin India Days Payable?

Goblin India's average Accounts Payable for the six months ended in Sep. 2023 was ₹116.3 Mil. Goblin India's Cost of Goods Sold for the six months ended in Sep. 2023 was ₹167.1 Mil. Hence, Goblin India's Days Payable for the six months ended in Sep. 2023 was 126.98.

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

BOM:542850' s Days Payable Range Over the Past 10 Years
Min: 19.39 Med: 40.64 Max: 131.4
Current: 119.86

During the past 7 years, Goblin India's highest Days Payable was 131.40. The lowest was 19.39. And the median was 40.64.

BOM:542850's Days Payable is ranked better than
82.58% of 1022 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 57.25 vs BOM:542850: 119.86

Goblin India's Days Payable increased from Sep. 2022 (67.20) to Sep. 2023 (126.98). It may suggest that Goblin India delayed paying its suppliers.

Goblin India Days Payable Historical Data

The historical data trend for Goblin India'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.

* Premium members only.

Goblin India Days Payable Chart

Goblin India Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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36.04

19.39

54.39

131.40

111.60

Goblin India Semi-Annual Data
	Mar17	Mar18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Payable	Get a 7-Day Free Trial							212.30	91.61	67.20	128.50	126.98

Competitive Comparison of Goblin India's Days Payable

For the Footwear & Accessories subindustry, Goblin India'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.

Goblin India's Days Payable Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Goblin India's Days Payable falls into.

Goblin India 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.

Goblin India's Days Payable for the fiscal year that ended in Mar. 2023 is calculated as

	Days Payable (A: Mar. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2022 )	+	Accounts Payable (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (50.974	+	123.831)	/	2 )	/	285.852	*	365
=	87.4025					/	285.852	*	365
=	111.60

Goblin India's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

	Days Payable (Q: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (123.831	+	108.737)	/	2 )	/	167.124	*	365 / 2
=	116.284					/	167.124	*	365 / 2
=	126.98

Goblin India Days Payable Related Terms

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Goblin India (BOM:542850) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Goblin India Ltd (BOM:542850) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Stadium Commercial Road, Camex House, 1st Floor, Navrangpura, Ahmedabad, GJ, IND, 380009

Website

http://www.goblinindia.com

Goblin India Ltd is engaged in manufacturing of traveling gear solutions. The company offers a variety of Travelling Gears including Hard Luggage, Soft Luggage and other accessories like wallets, purses, travel neck pillow. Geographically, operating in India. The company is operating only one business segment of trading in luggage bags, travel accessories and corporate gifts.

Goblin India (BOM:542850) Headlines

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