Shri Venkatesh Refineries (BOM:543373) Days Payable : 16.64 (As of Mar. 2024)

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What is Shri Venkatesh Refineries Days Payable?

Shri Venkatesh Refineries's average Accounts Payable for the three months ended in Mar. 2024 was ₹289 Mil. Shri Venkatesh Refineries's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹1,587 Mil. Hence, Shri Venkatesh Refineries's Days Payable for the three months ended in Mar. 2024 was 16.64.

The historical rank and industry rank for Shri Venkatesh Refineries's Days Payable or its related term are showing as below:

BOM:543373' s Days Payable Range Over the Past 10 Years
Min: 2.52 Med: 6.65 Max: 15.64
Current: 15.64

During the past 6 years, Shri Venkatesh Refineries's highest Days Payable was 15.64. The lowest was 2.52. And the median was 6.65.

BOM:543373's Days Payable is ranked worse than
91.35% of 1792 companies
in the Consumer Packaged Goods industry
Industry Median: 46.25 vs BOM:543373: 15.64

Shri Venkatesh Refineries's Days Payable increased from Mar. 2023 (10.68) to Mar. 2024 (16.64). It may suggest that Shri Venkatesh Refineries delayed paying its suppliers.

Shri Venkatesh Refineries Days Payable Historical Data

The historical data trend for Shri Venkatesh Refineries'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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Shri Venkatesh Refineries Days Payable Chart

Shri Venkatesh Refineries Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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6.23

7.08

4.56

7.06

13.77

Shri Venkatesh Refineries Quarterly Data
	Mar19	Mar20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial											10.68	12.74	15.77	20.04	16.64

Competitive Comparison of Shri Venkatesh Refineries's Days Payable

For the Packaged Foods subindustry, Shri Venkatesh Refineries'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.

Shri Venkatesh Refineries's Days Payable Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Shri Venkatesh Refineries's Days Payable distribution charts can be found below:

* The bar in red indicates where Shri Venkatesh Refineries's Days Payable falls into.

Shri Venkatesh Refineries 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.

Shri Venkatesh Refineries'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
=	( (148.069	+	259.4)	/	2 )	/	5402.034	*	365
=	203.7345					/	5402.034	*	365
=	13.77

Shri Venkatesh Refineries'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
=	( (319.276	+	259.4)	/	2 )	/	1587.032	*	365 / 4
=	289.338					/	1587.032	*	365 / 4
=	16.64

Shri Venkatesh Refineries Days Payable Related Terms

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Shri Venkatesh Refineries (BOM:543373) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Shri Venkatesh Refineries Ltd (BOM:543373) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

Gat No.16, Umarde Village, At Post Erandol, Jalgaon, MH, IND, 425109

Website

http://www.richsoya.in

Shri Venkatesh Refineries Ltd is an edible oil refining company in Maharashtra under the brand name, Rich Soya. It primarily undertakes the refining and preservation of Edible oils. It is further engaged in the trading activities of soyabean oil, palm oil, cotton seed oil, and sunflower oil. Its reportable business segment is the Manufacturing and Trading of Refined Oil and Raw Oil.

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