Century Textiles & Industries (NSE:CENTURYTEX) Days Payable : 129.06 (As of Mar. 2024)

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What is Century Textiles & Industries Days Payable?

Century Textiles & Industries's average Accounts Payable for the three months ended in Mar. 2024 was ₹7,483 Mil. Century Textiles & Industries's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹5,291 Mil. Hence, Century Textiles & Industries's Days Payable for the three months ended in Mar. 2024 was 129.06.

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

NSE:CENTURYTEX' s Days Payable Range Over the Past 10 Years
Min: 63.99 Med: 104.99 Max: 141.75
Current: 111.67

During the past 13 years, Century Textiles & Industries's highest Days Payable was 141.75. The lowest was 63.99. And the median was 104.99.

NSE:CENTURYTEX's Days Payable is ranked better than
85.36% of 280 companies
in the Forest Products industry
Industry Median: 57.795 vs NSE:CENTURYTEX: 111.67

Century Textiles & Industries's Days Payable declined from Mar. 2023 (2,318.17) to Mar. 2024 (129.06). It may suggest that Century Textiles & Industries accelerated paying its suppliers.

Century Textiles & Industries Days Payable Historical Data

The historical data trend for Century Textiles & 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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Century Textiles & Industries Days Payable Chart

Century Textiles & Industries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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100.19

134.62

105.71

141.75

104.27

Century Textiles & Industries 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															2,318.17	107.12	115.95	112.52	129.06

Competitive Comparison of Century Textiles & Industries's Days Payable

For the Paper & Paper Products subindustry, Century Textiles & 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.

Century Textiles & Industries's Days Payable Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Century Textiles & Industries's Days Payable distribution charts can be found below:

* The bar in red indicates where Century Textiles & Industries's Days Payable falls into.

Century Textiles & 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.

Century Textiles & Industries'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
=	( (7855.1	+	7482.7)	/	2 )	/	26846.3	*	365
=	7668.9					/	26846.3	*	365
=	104.27

Century Textiles & Industries'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	+	7482.7)	/	1 )	/	5290.6	*	365 / 4
=	7482.7					/	5290.6	*	365 / 4
=	129.06

Century Textiles & Industries Days Payable Related Terms

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Century Textiles & Industries (NSE:CENTURYTEX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Century Textiles & Industries Ltd (NSE:CENTURYTEX) » Definitions » Days Payable

Traded in Other Exchanges

500040:India

Address

Dr. Annie Besant Road, Century Bhavan, Worli, Mumbai, MH, IND, 400030

Website

https://www.centurytextind.com

Century Textiles & Industries Ltd is a manufacturer with three main business segments: Textiles, Pulp and Paper, and Real Estate. The textiles division manufactures textiles, including suits, shirts, denim products, and bed linens, and rayon products, including various types of yarns and chemicals used to make textiles, tires, and household products. The Real Estates segment includes leased properties. The pulp and paper segment sells products including writing and printing paper, tissue paper, and paper board. Most of the company's revenue is generated in India. Exports comprise less than 10% of total sales.

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