Mish Designs (BOM:544015) Days Payable : 64.87 (As of Mar. 2024)

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What is Mish Designs Days Payable?

Mish Designs's average Accounts Payable for the six months ended in Mar. 2024 was ₹11.6 Mil. Mish Designs's Cost of Goods Sold for the six months ended in Mar. 2024 was ₹65.1 Mil. Hence, Mish Designs's Days Payable for the six months ended in Mar. 2024 was 32.44.

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

BOM:544015' s Days Payable Range Over the Past 10 Years
Min: 64.87 Med: 106.58 Max: 150.66
Current: 64.87

During the past 4 years, Mish Designs's highest Days Payable was 150.66. The lowest was 64.87. And the median was 106.58.

BOM:544015's Days Payable is ranked better than
57.38% of 1023 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 56.01 vs BOM:544015: 64.87

Mish Designs's Days Payable declined from Mar. 2022 (102.88) to Mar. 2024 (64.87). It may suggest that Mish Designs accelerated paying its suppliers.

Mish Designs Days Payable Historical Data

The historical data trend for Mish Designs'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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Mish Designs Days Payable Chart

Mish Designs Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Days Payable

150.66

102.88

110.27

64.87

Mish Designs Semi-Annual Data
	Mar21	Mar22	Mar23	Mar24
Days Payable	150.66	102.88	110.27	64.87

Competitive Comparison of Mish Designs's Days Payable

For the Apparel Manufacturing subindustry, Mish Designs'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.

Mish Designs's Days Payable Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Mish Designs's Days Payable distribution charts can be found below:

* The bar in red indicates where Mish Designs's Days Payable falls into.

Mish Designs 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.

Mish Designs'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
=	( (17.228	+	5.92)	/	2 )	/	65.121	*	365
=	11.574					/	65.121	*	365
=	64.87

Mish Designs'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: Mar. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (17.228	+	5.92)	/	2 )	/	65.121	*	365 / 2
=	11.574					/	65.121	*	365 / 2
=	32.44

Mish Designs Days Payable Related Terms

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Mish Designs Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Mish Designs Ltd (BOM:544015) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Hattibaug Love Lane, Gala No. 4, Gulati Industries, Mazgaon, Mumbai, MH, IND, 400010

Website

https://www.mishindia.com

Mish Designs Ltd is engaged in the process of fabrication of fabric into garments under the brand name MISH, CURVES BY MISH in India. It exports its product currently to the UAE under the brand name ZOEY. It offers a collection of over 1000 trending designs to cater to the diverse tastes of its customers. The company offers various products in the Women's wear segment such as Dresses, Gowns, Tops, Co-Ords, T-shirts, Trousers, and Palazzos.

Mish Designs Headlines

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