Mayank Cattle Food (BOM:544106) Days Payable : 8.29 (As of Sep. 2024)

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What is Mayank Cattle Food Days Payable?

Mayank Cattle Food's average Accounts Payable for the six months ended in Sep. 2024 was ₹75 Mil. Mayank Cattle Food's Cost of Goods Sold for the six months ended in Sep. 2024 was ₹1,663 Mil. Hence, Mayank Cattle Food's Days Payable for the six months ended in Sep. 2024 was 8.29.

The historical rank and industry rank for Mayank Cattle Food's Days Payable or its related term are showing as below:

BOM:544106' s Days Payable Range Over the Past 10 Years
Min: 5.5 Med: 6.63 Max: 16.57
Current: 16.57

During the past 4 years, Mayank Cattle Food's highest Days Payable was 16.57. The lowest was 5.50. And the median was 6.63.

BOM:544106's Days Payable is ranked worse than
89.89% of 1829 companies
in the Consumer Packaged Goods industry
Industry Median: 45.8 vs BOM:544106: 16.57

Mayank Cattle Food's Days Payable increased from Mar. 2023 (0.00) to Sep. 2024 (8.29). It may suggest that Mayank Cattle Food delayed paying its suppliers.

Mayank Cattle Food Days Payable Historical Data

The historical data trend for Mayank Cattle Food'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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Mayank Cattle Food Days Payable Chart

Mayank Cattle Food Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Days Payable

11.30

6.27

5.50

6.99

Mayank Cattle Food Semi-Annual Data
	Mar21	Mar22	Mar23	Mar24	Sep24
Days Payable	-	-	-	-	8.29

Competitive Comparison of Mayank Cattle Food's Days Payable

For the Farm Products subindustry, Mayank Cattle Food'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.

Mayank Cattle Food's Days Payable Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Mayank Cattle Food's Days Payable falls into.

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Mayank Cattle Food 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.

Mayank Cattle Food'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
=	( (37.431	+	68.074)	/	2 )	/	2756.52	*	365
=	52.7525					/	2756.52	*	365
=	6.99

Mayank Cattle Food's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

	Days Payable (Q: Sep. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2024 )	+	Accounts Payable (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (68.074	+	82.92)	/	2 )	/	1662.588	*	365 / 2
=	75.497					/	1662.588	*	365 / 2
=	8.29

Mayank Cattle Food Days Payable Related Terms

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Mayank Cattle Food Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Mayank Cattle Food Ltd (BOM:544106) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Rajkot Jamnagar Highway, R. S. No. 162, Near Khandheri Stadium, Village Naranka, Tal. Paddhari, Rajkot, GJ, IND, 360110

Website

https://www.mayankcattlefood.com

Mayank Cattle Food Ltd is engaged in the manufacturing of Maize Cake (Cattle Feed) and maize Oil (Non-edible). The business process involves the purchase of the Maize Germ, then mechanized expelling, packaging, and selling of the Maize Oil and Maize Cake, and trade in Cotton cakes and Cotton Bales. Maize Oil or Corn Oil is extracted from the germ of Maize (Corn) and Maize Cake is the by-product obtained from the extraction of Maize Oil which is very high in fat or oil content.

Mayank Cattle Food Headlines

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