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Ibrahim Fibres (KAR:IBFL) Days Payable : 16.83 (As of Sep. 2024)


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What is Ibrahim Fibres Days Payable?

Ibrahim Fibres's average Accounts Payable for the three months ended in Sep. 2024 was ₨4,576 Mil. Ibrahim Fibres's Cost of Goods Sold for the three months ended in Sep. 2024 was ₨24,805 Mil. Hence, Ibrahim Fibres's Days Payable for the three months ended in Sep. 2024 was 16.83.

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

KAR:IBFL' s Days Payable Range Over the Past 10 Years
Min: 6.02   Med: 11.84   Max: 19.92
Current: 17.67

During the past 13 years, Ibrahim Fibres's highest Days Payable was 19.92. The lowest was 6.02. And the median was 11.84.

KAR:IBFL's Days Payable is ranked worse than
88.64% of 1021 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 55.93 vs KAR:IBFL: 17.67

Ibrahim Fibres's Days Payable increased from Sep. 2023 (16.56) to Sep. 2024 (16.83). It may suggest that Ibrahim Fibres delayed paying its suppliers.


Ibrahim Fibres Days Payable Historical Data

The historical data trend for Ibrahim Fibres'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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Ibrahim Fibres Days Payable Chart

Ibrahim Fibres Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.84 11.90 6.02 6.26 9.77

Ibrahim Fibres 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 16.56 16.99 16.44 20.53 16.83

Competitive Comparison of Ibrahim Fibres's Days Payable

For the Textile Manufacturing subindustry, Ibrahim Fibres'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.


Ibrahim Fibres's Days Payable Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Ibrahim Fibres's Days Payable falls into.



Ibrahim Fibres 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.

Ibrahim Fibres's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

Days Payable (A: Dec. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2022 ) + Accounts Payable (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (2007.305 + 3925.799) / 2 ) / 110794.024*365
=2966.552 / 110794.024*365
=9.77

Ibrahim Fibres'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
=( (4984.868 + 4167.264) / 2 ) / 24805.063*365 / 4
=4576.066 / 24805.063*365 / 4
=16.83

* 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.


Ibrahim Fibres Days Payable Related Terms

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Ibrahim Fibres Business Description

Traded in Other Exchanges
N/A
Address
15 - Club Road, Ibrahim Centre, Faisalabad, PB, PAK, 38000
Ibrahim Fibres Ltd is engaged in Textile manufacturing. Its activities include Polyester Yarn production, Polyester Staple Fibre Production, Financial Services, and Energy. Its Polyester Plants produce a wide range of Polyester Staple Fibre (PSF) in different varieties, lusters, cut lengths, and fineness.

Ibrahim Fibres Headlines

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