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Flair Writing Industries (BOM:544030) Days Payable : 48.55 (As of Mar. 2024)


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What is Flair Writing Industries Days Payable?

Flair Writing Industries's average Accounts Payable for the six months ended in Mar. 2024 was ₹646 Mil. Flair Writing Industries's Cost of Goods Sold for the six months ended in Mar. 2024 was ₹4,857 Mil. Hence, Flair Writing Industries's Days Payable for the six months ended in Mar. 2024 was 24.27.

The historical rank and industry rank for Flair Writing Industries's Days Payable or its related term are showing as below:

BOM:544030' s Days Payable Range Over the Past 10 Years
Min: 40.84   Med: 47.1   Max: 97.55
Current: 48.55

During the past 6 years, Flair Writing Industries's highest Days Payable was 97.55. The lowest was 40.84. And the median was 47.10.

BOM:544030's Days Payable is ranked worse than
71.76% of 2928 companies
in the Industrial Products industry
Industry Median: 76.585 vs BOM:544030: 48.55

Flair Writing Industries's Days Payable increased from Mar. 2022 (47.10) to Mar. 2024 (48.55). It may suggest that Flair Writing Industries delayed paying its suppliers.

Flair Writing Industries Days Payable Historical Data

The historical data trend for Flair Writing Industries'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.

Flair Writing Industries Days Payable Chart

Flair Writing Industries Annual Data
Trend Mar17 Mar18 Mar21 Mar22 Mar23 Mar24
Days Payable
Get a 7-Day Free Trial 44.93 97.55 47.10 40.84 48.55

Flair Writing Industries Semi-Annual Data
Mar17 Mar18 Mar21 Mar22 Mar23 Mar24
Days Payable Get a 7-Day Free Trial 44.93 97.55 47.10 40.84 48.55

Competitive Comparison of Flair Writing Industries's Days Payable

For the Business Equipment & Supplies subindustry, Flair Writing Industries'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.

Flair Writing Industries's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Flair Writing Industries's Days Payable distribution charts can be found below:

* The bar in red indicates where Flair Writing Industries's Days Payable falls into.


Flair Writing Industries 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.

Flair Writing Industries'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
=( (635.66 + 656.41) / 2 ) / 4856.95*365
=646.035 / 4856.95*365
=48.55

Flair Writing Industries'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
=( (635.66 + 656.41) / 2 ) / 4856.95*365 / 2
=646.035 / 4856.95*365 / 2
=24.27

* 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.

Flair Writing Industries Days Payable Related Terms

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Flair Writing Industries (BOM:544030) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Flair Writing Industries Ltd (BOM:544030) » Definitions » Days Payable
Comparable Companies
Traded in Other Exchanges
FLAIR:India
Address
63 B/C, Government Industrial Estate, Charkop, Kandivali West, Mumbai, MH, IND, 400 067
Website
https://www.flairworld.in
Flair Writing Industries Ltd is engaged in manufacturing pens and other products. It manufactures and distributes several brands in India and due to its ability to manufacture quality products and its distribution and retail capabilities, It is able to partner with various international brands in the writing instruments industry. Its products are sold under its Flair brand, its principal brands Hauser and Pierre Cardin and It has recently introduced ZOOX in India. Its products include ball pens, fountain pens, gel pens, roller pens and metal pens, mechanical pencils, highlighters, correction pens, markers, gel crayons, colouring range, erasers, geometry boxes and kids stationery kits, and calculators.

Flair Writing Industries (BOM:544030) Headlines

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