Afloat Enterprises (BOM:543377) Days Payable : 0.00 (As of Mar. 2024)

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What is Afloat Enterprises Days Payable?

Afloat Enterprises's average Accounts Payable for the six months ended in Mar. 2024 was ₹0.00 Mil. Afloat Enterprises's Cost of Goods Sold for the six months ended in Mar. 2024 was ₹0.00 Mil.

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

BOM:543377' s Days Payable Range Over the Past 10 Years
Min: 32.83 Med: 116.82 Max: 214.02
Current: 61.34

During the past 6 years, Afloat Enterprises's highest Days Payable was 214.02. The lowest was 32.83. And the median was 116.82.

BOM:543377's Days Payable is ranked better than
64.44% of 585 companies
in the Steel industry
Industry Median: 41.52 vs BOM:543377: 61.34

Afloat Enterprises's Days Payable declined from Mar. 2023 (16.41) to Mar. 2024 (0.00). It may suggest that Afloat Enterprises accelerated paying its suppliers.

Afloat Enterprises Days Payable Historical Data

The historical data trend for Afloat 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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Afloat Enterprises Days Payable Chart

Afloat Enterprises Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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214.02

160.28

116.82

32.83

61.34

Afloat Enterprises Semi-Annual Data
	Mar19	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Days Payable	Get a 7-Day Free Trial				12.25	376.72	16.41	30.67	-

Competitive Comparison of Afloat Enterprises's Days Payable

For the Steel subindustry, Afloat 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.

Afloat Enterprises's Days Payable Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Afloat Enterprises's Days Payable distribution charts can be found below:

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

Afloat 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.

Afloat 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
=	( (3.11	+	0)	/	1 )	/	18.506	*	365
=	3.11					/	18.506	*	365
=	61.34

Afloat Enterprises'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
=	( (0	+	0)	/	1 )	/	0	*	365 / 2
=	0					/	0	*	365 / 2
=	N/A

Afloat Enterprises Days Payable Related Terms

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Afloat Enterprises (BOM:543377) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Afloat Enterprises Ltd (BOM:543377) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Aggarwal Plaza, Plot 3, Shop 325, DDA Community Centre, Sector-14, Rohini, New Delhi, IND, 110085

Website

https://www.adishaktiloha.com

Afloat Enterprises Ltd is engaged in the business of trading metals with its core focus on trading in Iron and Steel.

Afloat Enterprises (BOM:543377) Headlines

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