Gatron Industries (KAR:GATI) Days Payable : 78.80 (As of Sep. 2024)

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What is Gatron Industries Days Payable?

Gatron Industries's average Accounts Payable for the three months ended in Sep. 2024 was ₨5,047 Mil. Gatron Industries's Cost of Goods Sold for the three months ended in Sep. 2024 was ₨5,844 Mil. Hence, Gatron Industries's Days Payable for the three months ended in Sep. 2024 was 78.80.

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

KAR:GATI' s Days Payable Range Over the Past 10 Years
Min: 17.01 Med: 25.95 Max: 116.68
Current: 116.68

During the past 9 years, Gatron Industries's highest Days Payable was 116.68. The lowest was 17.01. And the median was 25.95.

KAR:GATI's Days Payable is ranked better than
80.61% of 1021 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 55.93 vs KAR:GATI: 116.68

Gatron Industries's Days Payable declined from Sep. 2023 (129.58) to Sep. 2024 (78.80). It may suggest that Gatron Industries accelerated paying its suppliers.

Gatron Industries Days Payable Historical Data

The historical data trend for Gatron 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.

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Gatron Industries Days Payable Chart

Gatron Industries Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Days Payable

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26.21

17.01

25.95

66.83

60.39

Gatron Industries Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Payable	Get a 7-Day Free Trial															129.58	125.65	137.32	103.96	78.80

Competitive Comparison of Gatron Industries's Days Payable

For the Textile Manufacturing subindustry, Gatron 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.

Gatron Industries's Days Payable Distribution in the Manufacturing - Apparel & Accessories Industry

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

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

Gatron 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.

Gatron Industries's Days Payable for the fiscal year that ended in Jun. 2024 is calculated as

	Days Payable (A: Jun. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jun. 2023 )	+	Accounts Payable (A: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2024 )	*	Days in Period
=	( (7168.313	+	3428.51)	/	2 )	/	32023.787	*	365
=	5298.4115					/	32023.787	*	365
=	60.39

Gatron Industries'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: Jun. 2024 )	+	Accounts Payable (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (3428.51	+	6665.687)	/	2 )	/	5844.206	*	365 / 4
=	5047.0985					/	5844.206	*	365 / 4
=	78.80

Gatron Industries Days Payable Related Terms

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Gatron Industries Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Gatron Industries Ltd (KAR:GATI) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jinnah Road, 1st Floor, Ahmed Complex, Room No. 32, Quetta, PAK

Website

http://www.gatron.com

Gatron Industries Ltd is involved in the manufacturing of Polyester Filament Yarn along with its raw material Yarn Grade Polyester Chips. The company also produces other varieties of Polyester Chips, Bottle Grade as well as PET Preforms. It operates in two segments: Polyester Filament Yarn and Polyester PET Preforms. Substantial revenue is generated from the Polyester Filament Yarn segment.

Gatron Industries Headlines

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