Magenta Lifecare (BOM:544188) Days Payable : 80.15 (As of Sep. 2024)

View and export this data going back to 2024. Start your Free Trial

What is Magenta Lifecare Days Payable?

Magenta Lifecare's average Accounts Payable for the six months ended in Sep. 2024 was ₹23.31 Mil. Magenta Lifecare's Cost of Goods Sold for the six months ended in Sep. 2024 was ₹53.08 Mil. Hence, Magenta Lifecare's Days Payable for the six months ended in Sep. 2024 was 80.15.

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

BOM:544188' s Days Payable Range Over the Past 10 Years
Min: 108.71 Med: 113.65 Max: 160.29
Current: 160.29

During the past 3 years, Magenta Lifecare's highest Days Payable was 160.29. The lowest was 108.71. And the median was 113.65.

BOM:544188's Days Payable is ranked better than
89.05% of 420 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 66.585 vs BOM:544188: 160.29

Magenta Lifecare's Days Payable increased from Mar. 2023 (0.00) to Sep. 2024 (80.15). It may suggest that Magenta Lifecare delayed paying its suppliers.

Magenta Lifecare Days Payable Historical Data

The historical data trend for Magenta Lifecare'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.

Magenta Lifecare Days Payable Chart

Magenta Lifecare Annual Data

Trend

Mar21

Mar22

Mar23

Days Payable

113.65

108.71

122.53

Magenta Lifecare Semi-Annual Data
	Mar21	Mar22	Mar23	Sep23	Sep24
Days Payable	-	-	-	129.55	80.15

Competitive Comparison of Magenta Lifecare's Days Payable

For the Furnishings, Fixtures & Appliances subindustry, Magenta Lifecare'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.

Magenta Lifecare's Days Payable Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Magenta Lifecare's Days Payable distribution charts can be found below:

* The bar in red indicates where Magenta Lifecare's Days Payable falls into.

Save Embed

;

Save Embed

;

Magenta Lifecare 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.

Magenta Lifecare's Days Payable for the fiscal year that ended in Mar. 2023 is calculated as

	Days Payable (A: Mar. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2022 )	+	Accounts Payable (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (17.76	+	24.768)	/	2 )	/	63.341	*	365
=	21.264					/	63.341	*	365
=	122.53

Magenta Lifecare'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: Sep. 2023 )	+	Accounts Payable (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (0	+	23.308)	/	1 )	/	53.075	*	365 / 2
=	23.308					/	53.075	*	365 / 2
=	80.15

Magenta Lifecare Days Payable Related Terms

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

Magenta Lifecare Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Magenta Lifecare Ltd (BOM:544188) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

N P Patel Estate, A & T Padamla, Vadodara, GJ, IND, 391350

Website

https://www.magentamattresses.com

Magenta Lifecare Ltd is a manufacturer of sales, and services of foam-based products such as mattresses and pillows which are marketed under the brand Magenta in India. It offers products such as memory foam, latex-based, bonded mattresses, pocketed springs, and pillows such as memory foam pillows, molded memory foam pillows, molded contour foam pillows, etc.

Magenta Lifecare Headlines

No Headlines