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Brand Concepts (NSE:BCONCEPTS) Days Payable : 114.09 (As of Mar. 2024)


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What is Brand Concepts Days Payable?

Brand Concepts's average Accounts Payable for the three months ended in Mar. 2024 was ₹335 Mil. Brand Concepts's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹268 Mil. Hence, Brand Concepts's Days Payable for the three months ended in Mar. 2024 was 114.09.

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

NSE:BCONCEPTS' s Days Payable Range Over the Past 10 Years
Min: 87.12   Med: 141.74   Max: 373.85
Current: 113.16

During the past 12 years, Brand Concepts's highest Days Payable was 373.85. The lowest was 87.12. And the median was 141.74.

NSE:BCONCEPTS's Days Payable is ranked better than
81.99% of 1016 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 56.335 vs NSE:BCONCEPTS: 113.16

Brand Concepts's Days Payable declined from Mar. 2023 (118.07) to Mar. 2024 (114.09). It may suggest that Brand Concepts accelerated paying its suppliers.


Brand Concepts Days Payable Historical Data

The historical data trend for Brand Concepts'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.

Brand Concepts Days Payable Chart

Brand Concepts Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 289.26 373.85 157.99 101.25 87.12

Brand Concepts Quarterly Data
Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 118.07 79.16 146.17 158.46 114.09

Competitive Comparison of Brand Concepts's Days Payable

For the Footwear & Accessories subindustry, Brand Concepts'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.


Brand Concepts's Days Payable Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Brand Concepts's Days Payable falls into.



Brand Concepts 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.

Brand Concepts'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
=( (268.261 + 335.261) / 2 ) / 1264.247*365
=301.761 / 1264.247*365
=87.12

Brand Concepts'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 + 335.261) / 1 ) / 268.155*365 / 4
=335.261 / 268.155*365 / 4
=114.09

* 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.


Brand Concepts Days Payable Related Terms

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Brand Concepts (NSE:BCONCEPTS) Business Description

Traded in Other Exchanges
Address
140/2/2, Ring Road Square, Musakhedi, Indore, MP, IND, 452001
Brand Concepts Ltd is an Indian company engaged in Trading of Travel Bags and accessories. It offers products such as luggage trolleys, backpacks, small leather goods like belts, clutches, and wallets for both men and women, women's handbags, and lifestyle accessories. The company sells its products through Myntra Jabong India Pvt. Ltd. and Shoppers Stop Ltd. The company has one reportable segment i.e. "Trading of Travel Bags and Accessories".

Brand Concepts (NSE:BCONCEPTS) Headlines

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