REI Agro (LSE:REA) Days Payable: 25.73 (As of Mar. 2014)


What is REI Agro Days Payable?

REI Agro LSE:REA Days Payable is 25.73 as of Mar. 2014.

REI Agro's average Accounts Payable for the three months ended in Mar. 2014 was $41 Mil. REI Agro's Cost of Goods Sold for the three months ended in Mar. 2014 was $144 Mil. Hence, REI Agro's Days Payable for the three months ended in Mar. 2014 was 25.73.

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

LSE:REA's Days Payable is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 44.14
* Ranked among companies with meaningful Days Payable only.

REI Agro's Days Payable declined from Dec. 2012 (48.22) to Mar. 2014 (25.73). It may suggest that REI Agro accelerated paying its suppliers.

REI Agro Days Payable Historical Data

* Premium members only.

The historical data trend for REI Agro'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.

REI Agro Days Payable Chart

REI Agro Annual Data
Trend Mar05 Mar06 Mar07 Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.70 22.55 18.95 11.20 14.07

REI Agro Quarterly Data
Mar04 Mar05 Mar06 Mar07 Mar08 Mar09 Mar10 Mar11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Dec13 Mar14
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 48.22 14.00 15.01 0.00 25.73

REI Agro Days Payable Competitor Comparison

For the Packaged Foods subindustry, REI Agro'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.

REI Agro Days Payable vs Consumer Packaged Goods Industry

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

* The bar in red indicates where REI Agro's Days Payable falls into.


REI Agro 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.

REI Agro's Days Payable for the fiscal year that ended in Mar. 2014 is calculated as

Days Payable (A: Mar. 2014 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2013 ) + Accounts Payable (A: Mar. 2014 )) / count ) / Cost of Goods Sold (A: Mar. 2014 )*Days in Period
=( (69.343 + 40.549) / 2 ) / 1425.775*365
=54.946 / 1425.775*365
=14.07

REI Agro's Days Payable for the quarter that ended in Mar. 2014 is calculated as:

Days Payable (Q: Mar. 2014 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2013 ) + Accounts Payable (Q: Mar. 2014 )) / count ) / Cost of Goods Sold (Q: Mar. 2014 )*Days in Period
=( (0 + 40.549) / 1 ) / 143.779*365 / 4
=40.549 / 143.779*365 / 4
=25.73

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 25.73 mean?
REI Agro (LSE:REA) has a Days Payable of 25.73 as of Mar. 2014. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on REI Agro and its competitors.
Is REI Agro's Days Payable too high?
REI Agro's current Days Payable is 25.73. The Consumer Packaged Goods industry median Days Payable is 44.14. REI Agro's value of 25.73 is 41.7% below this industry median.
How does REI Agro's Days Payable compare to competitors?
REI Agro's Days Payable of 25.73 can be compared against companies in the Consumer Packaged Goods industry. The industry median Days Payable is 44.14. REI Agro's value of 25.73 is 41.7% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Consumer Packaged Goods company?
The median Days Payable among Consumer Packaged Goods companies is 44.14, based on 1,881 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. REI Agro's current Days Payable of 25.73 is 41.7% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on REI Agro and its competitors. For the Consumer Packaged Goods industry, the median Days Payable is 44.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. REI Agro's current Days Payable is 25.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is REI Agro stock overvalued right now?
REI Agro (LSE:REA) has a current Days Payable of 25.73. The current Days Payable is 25.73 and 41.7% below the Consumer Packaged Goods industry median of 44.14. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For REI Agro (LSE:REA), the current Days Payable is 25.73 as of Mar. 2014. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

REI Agro Business Description

Address 58A/1, Sainik Farm, Saket, New Delhi, IND, 110062
REI Agro Ltd is engaged in processing basmati rice and market its products under the brand name Raindrops. The company operates in two business segments - the business of processing, trading, and marketing of agro products and generation of power through Wind farm generators. The products of the company are sold both in domestic and international markets.