PNGS Gargi Fashion Jewellery (BOM:543709) Days Payable : 56.95 (As of Dec. 2024)

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What is PNGS Gargi Fashion Jewellery Days Payable?

PNGS Gargi Fashion Jewellery's average Accounts Payable for the three months ended in Dec. 2024 was ₹128 Mil. PNGS Gargi Fashion Jewellery's Cost of Goods Sold for the three months ended in Dec. 2024 was ₹206 Mil. Hence, PNGS Gargi Fashion Jewellery's Days Payable for the three months ended in Dec. 2024 was 56.95.

The historical rank and industry rank for PNGS Gargi Fashion Jewellery's Days Payable or its related term are showing as below:

BOM:543709' s Days Payable Range Over the Past 10 Years
Min: 30.34 Med: 39.63 Max: 69.34
Current: 34.27

During the past 5 years, PNGS Gargi Fashion Jewellery's highest Days Payable was 69.34. The lowest was 30.34. And the median was 39.63.

BOM:543709's Days Payable is ranked worse than
70.76% of 1091 companies
in the Retail - Cyclical industry
Industry Median: 55 vs BOM:543709: 34.27

PNGS Gargi Fashion Jewellery's Days Payable increased from Dec. 2023 (19.15) to Dec. 2024 (56.95). It may suggest that PNGS Gargi Fashion Jewellery delayed paying its suppliers.

PNGS Gargi Fashion Jewellery Days Payable Historical Data

The historical data trend for PNGS Gargi Fashion Jewellery'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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PNGS Gargi Fashion Jewellery Days Payable Chart

PNGS Gargi Fashion Jewellery Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

69.34

30.34

39.63

PNGS Gargi Fashion Jewellery Quarterly Data
	Mar20	Mar21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Payable	Get a 7-Day Free Trial										19.15	49.25	15.89	88.97	56.95

Competitive Comparison of PNGS Gargi Fashion Jewellery's Days Payable

For the Luxury Goods subindustry, PNGS Gargi Fashion Jewellery'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.

PNGS Gargi Fashion Jewellery's Days Payable Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, PNGS Gargi Fashion Jewellery's Days Payable distribution charts can be found below:

* The bar in red indicates where PNGS Gargi Fashion Jewellery's Days Payable falls into.

PNGS Gargi Fashion Jewellery 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.

PNGS Gargi Fashion Jewellery'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
=	( (13.816	+	49.496)	/	2 )	/	291.53	*	365
=	31.656					/	291.53	*	365
=	39.63

PNGS Gargi Fashion Jewellery's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

	Days Payable (Q: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2024 )	+	Accounts Payable (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (128.392	+	0)	/	1 )	/	205.728	*	365 / 4
=	128.392					/	205.728	*	365 / 4
=	56.95

PNGS Gargi Fashion Jewellery Days Payable Related Terms

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PNGS Gargi Fashion Jewellery Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » PNGS Gargi Fashion Jewellery Ltd (BOM:543709) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Sinhgad Road, Plot No. 8A, Sr No.37/1 and 37/2, Opposite Maruti Service Center, Wadgaon Khurd, Nanded, Haveli, Pune, MH, IND, 411 041

Website

https://www.gargibypng.com

PNGS Gargi Fashion Jewellery Ltd is engaged in the retail business of costume and fashion jewellery under the brand name Gargi. It offers a wide range of products from artificial jewellery segments for special occasions such as weddings and festivals to daily-wear jewellery for all ages, genders and across various price points. The company's product line includes earrings, necklaces, pendants, chains, finger rings, bracelets, anklets, nose pins, mangal sutra, pendant sets, bangles in brass or silver for females of age groups as well as male accessories such as rings, cufflinks, button set and others. Its portfolio offers customers a wide variety of traditional, Indo-western, & modern designs and jewellery.

PNGS Gargi Fashion Jewellery Headlines

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