Eighty Jewellers (BOM:543518) Days Payable : 6.22 (As of Mar. 2024)

View and export this data going back to 2022. Start your Free Trial

What is Eighty Jewellers Days Payable?

Eighty Jewellers's average Accounts Payable for the six months ended in Mar. 2024 was ₹14.7 Mil. Eighty Jewellers's Cost of Goods Sold for the six months ended in Mar. 2024 was ₹431.9 Mil. Hence, Eighty Jewellers's Days Payable for the six months ended in Mar. 2024 was 6.22.

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

BOM:543518' s Days Payable Range Over the Past 10 Years
Min: 9.83 Med: 25.48 Max: 46.57
Current: 9.83

During the past 6 years, Eighty Jewellers's highest Days Payable was 46.57. The lowest was 9.83. And the median was 25.48.

BOM:543518's Days Payable is ranked worse than
92.78% of 1080 companies
in the Retail - Cyclical industry
Industry Median: 55.565 vs BOM:543518: 9.83

Eighty Jewellers's Days Payable declined from Mar. 2023 (14.32) to Mar. 2024 (6.22). It may suggest that Eighty Jewellers accelerated paying its suppliers.

Eighty Jewellers Days Payable Historical Data

The historical data trend for Eighty Jewellers'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.

Eighty Jewellers Days Payable Chart

Eighty Jewellers Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

Get a 7-Day Free Trial

46.57

23.80

19.80

27.15

10.04

Eighty Jewellers Semi-Annual Data
	Mar19	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Days Payable	Get a 7-Day Free Trial				21.91	32.38	14.32	14.41	6.22

Competitive Comparison of Eighty Jewellers's Days Payable

For the Luxury Goods subindustry, Eighty Jewellers'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.

Eighty Jewellers's Days Payable Distribution in the Retail - Cyclical Industry

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

* The bar in red indicates where Eighty Jewellers's Days Payable falls into.

Eighty Jewellers 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.

Eighty Jewellers'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
=	( (31.507	+	10.009)	/	2 )	/	754.5	*	365
=	20.758					/	754.5	*	365
=	10.04

Eighty Jewellers'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
=	( (19.431	+	10.009)	/	2 )	/	431.862	*	365 / 2
=	14.72					/	431.862	*	365 / 2
=	6.22

Eighty Jewellers Days Payable Related Terms

Thank you for viewing the detailed overview of Eighty Jewellers's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Eighty Jewellers (BOM:543518) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Eighty Jewellers Ltd (BOM:543518) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

A.T Palace, Kotwali Chowk, Sadar Bazar, Raipur, CT, IND, 492001

Website

https://www.eightyjewels.in

Eighty Jewellers Ltd is engaged in the trading of various jewellery, ornaments, watches and luxury articles made out of gold, silver, diamonds and platinum under the brand name of Anopchand Tilokchand Jewellers.

Eighty Jewellers (BOM:543518) Headlines

No Headlines