Ambo Agritec (BOM:543678) Days Payable : 17.96 (As of Mar. 2024)

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

What is Ambo Agritec Days Payable?

Ambo Agritec's average Accounts Payable for the six months ended in Mar. 2024 was ₹55 Mil. Ambo Agritec's Cost of Goods Sold for the six months ended in Mar. 2024 was ₹560 Mil. Hence, Ambo Agritec's Days Payable for the six months ended in Mar. 2024 was 17.96.

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

BOM:543678' s Days Payable Range Over the Past 10 Years
Min: 20.96 Med: 24.69 Max: 53.74
Current: 22.5

During the past 5 years, Ambo Agritec's highest Days Payable was 53.74. The lowest was 20.96. And the median was 24.69.

BOM:543678's Days Payable is ranked worse than
83.11% of 1835 companies
in the Consumer Packaged Goods industry
Industry Median: 45.93 vs BOM:543678: 22.50

Ambo Agritec's Days Payable increased from Mar. 2023 (0.00) to Mar. 2024 (17.96). It may suggest that Ambo Agritec delayed paying its suppliers.

Ambo Agritec Days Payable Historical Data

The historical data trend for Ambo Agritec'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.

Ambo Agritec Days Payable Chart

Ambo Agritec Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

35.41

53.74

20.96

24.69

23.21

Ambo Agritec Semi-Annual Data
	Mar20	Mar21	Mar22	Mar23	Sep23	Mar24
Days Payable	Get a 7-Day Free Trial			-	-	-	27.95	17.96

Competitive Comparison of Ambo Agritec's Days Payable

For the Packaged Foods subindustry, Ambo Agritec'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.

Ambo Agritec's Days Payable Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Ambo Agritec's Days Payable falls into.

Ambo Agritec 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.

Ambo Agritec'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
=	( (61.215	+	57.351)	/	2 )	/	932.482	*	365
=	59.283					/	932.482	*	365
=	23.21

Ambo Agritec'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
=	( (52.887	+	57.351)	/	2 )	/	559.976	*	365 / 2
=	55.119					/	559.976	*	365 / 2
=	17.96

Ambo Agritec Days Payable Related Terms

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

Ambo Agritec Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Ambo Agritec Ltd (BOM:543678) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

3, Pretoria Street, Chandrakunj Building, 2nd Floor, Kolkata, WB, IND, 700071

Website

https://www.amboagritec.com

Ambo Agritec Ltd is primarily engaged in the business of manufacturing biscuits, outsourced manufacturing of edible oils, vanaspati, and bengali speciality products. In addition to this, the company is also engaged in trading crude linseed oil, and soya bean meal.

Ambo Agritec Headlines

No Headlines