Lambodhara Textiles (BOM:590075) Days Payable : 7.31 (As of Mar. 2024)

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What is Lambodhara Textiles Days Payable?

Lambodhara Textiles's average Accounts Payable for the three months ended in Mar. 2024 was ₹26 Mil. Lambodhara Textiles's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹320 Mil. Hence, Lambodhara Textiles's Days Payable for the three months ended in Mar. 2024 was 7.31.

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

BOM:590075' s Days Payable Range Over the Past 10 Years
Min: 5.7 Med: 9.99 Max: 22.46
Current: 7.3

During the past 13 years, Lambodhara Textiles's highest Days Payable was 22.46. The lowest was 5.70. And the median was 9.99.

BOM:590075's Days Payable is ranked worse than
96.46% of 1016 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 56.335 vs BOM:590075: 7.30

Lambodhara Textiles's Days Payable declined from Mar. 2023 (7.94) to Mar. 2024 (7.31). It may suggest that Lambodhara Textiles accelerated paying its suppliers.

Lambodhara Textiles Days Payable Historical Data

The historical data trend for Lambodhara Textiles'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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Lambodhara Textiles Days Payable Chart

Lambodhara Textiles Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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13.78

21.91

9.99

7.38

6.69

Lambodhara Textiles Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															7.94	6.90	8.16	7.96	7.31

Competitive Comparison of Lambodhara Textiles's Days Payable

For the Textile Manufacturing subindustry, Lambodhara Textiles'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.

Lambodhara Textiles's Days Payable Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Lambodhara Textiles's Days Payable falls into.

Lambodhara Textiles 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.

Lambodhara Textiles'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
=	( (30.131	+	25.626)	/	2 )	/	1521.047	*	365
=	27.8785					/	1521.047	*	365
=	6.69

Lambodhara Textiles'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: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (0	+	25.626)	/	1 )	/	319.854	*	365 / 4
=	25.626					/	319.854	*	365 / 4
=	7.31

Lambodhara Textiles Days Payable Related Terms

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Lambodhara Textiles (BOM:590075) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Lambodhara Textiles Ltd (BOM:590075) » Definitions » Days Payable

Traded in Other Exchanges

LAMBODHARA:India

Address

1075-B, Avinashi Road, 3A, 3rd Floor, B Block, Pioneer Apartment, Coimbatore, TN, IND, 641018

Website

https://www.lambodharatextiles.com

Lambodhara Textiles Ltd is an India-based operates in the textile division. The business activity of the group includes manufacturing of synthetic yarn. It operates through Textile, Power Generation, and Real Estate segment. It offers products related to yarn such as Slub yarns, Multicount and multi-twist yarns, Siro yarns and Neppy yarns, among others. The company derives revenues from the sale of manufactured goods and stock in trade. The company derives the majority of its revenue from Textiles segment.

Lambodhara Textiles (BOM:590075) Headlines

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