D K Enterprises Global (NSE:DKEGL) Days Payable: 40.06 (As of Sep. 2024)

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NSE:DKEGL D K Enterprises Global Ltd NSE:DKEGL
42 GF Score
Price ₹65.90
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What is D K Enterprises Global Days Payable?

D K Enterprises Global NSE:DKEGL 42 Days Payable is 40.06 as of Sep. 2024. GuruFocus rates NSE:DKEGL with a GF Score™ of 42/100.

D K Enterprises Global's average Accounts Payable for the six months ended in Sep. 2024 was ₹161 Mil. D K Enterprises Global's Cost of Goods Sold for the six months ended in Sep. 2024 was ₹734 Mil. Hence, D K Enterprises Global's Days Payable for the six months ended in Sep. 2024 was 40.06.

The historical rank and industry rank for D K Enterprises Global's Days Payable or its related term are showing as below:

NSE:DKEGL's Days Payable is not ranked *
in the Packaging & Containers industry.
Industry Median: 57.265
* Ranked among companies with meaningful Days Payable only.

D K Enterprises Global's Days Payable declined from Sep. 2023 (43.15) to Sep. 2024 (40.06). It may suggest that D K Enterprises Global accelerated paying its suppliers.


D K Enterprises Global Days Payable Historical Data

* Premium members only.

The historical data trend for D K Enterprises Global'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.

D K Enterprises Global Days Payable Chart

D K Enterprises Global Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
Days Payable
73.97 57.39 46.90 38.12 42.80

D K Enterprises Global Semi-Annual Data
Mar20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
Days Payable Get a 7-Day Free Trial Premium Member Only 30.07 42.61 43.15 48.88 40.06

NSE:DKEGL vs IP, SW, AMCR: Days Payable Comparison

For the Packaging & Containers subindustry, D K Enterprises Global'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.


D K Enterprises Global Days Payable vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, D K Enterprises Global's Days Payable distribution charts can be found below:

* The bar in red indicates where D K Enterprises Global's Days Payable falls into.


NSE:DKEGL
42GF Score
D K Enterprises Global Ltd NSE:DKEGL
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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D K Enterprises Global 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.

D K Enterprises Global'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
=( (147.851 + 148.376) / 2 ) / 1263.061*365
=148.1135 / 1263.061*365
=42.80

D K Enterprises Global'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: Mar. 2024 ) + Accounts Payable (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (148.376 + 174.02) / 2 ) / 734.311*365 / 2
=161.198 / 734.311*365 / 2
=40.06

* 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 40.06 mean?
D K Enterprises Global (NSE:DKEGL) has a Days Payable of 40.06 as of Sep. 2024. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on D K Enterprises Global and its competitors.
Is D K Enterprises Global's Days Payable too high?
D K Enterprises Global's current Days Payable is 40.06. The Packaging & Containers industry median Days Payable is 57.27. D K Enterprises Global's value of 40.06 is 30% below this industry median. Overall, D K Enterprises Global has a GF Score™ of 42/100, reflecting its overall financial health beyond just this single metric.
How does D K Enterprises Global's Days Payable compare to IP and SW?
D K Enterprises Global's Days Payable of 40.06 can be compared against companies in the Packaging & Containers industry. The industry median Days Payable is 57.27. D K Enterprises Global's value of 40.06 is 30% 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 Packaging & Containers company?
The median Days Payable among Packaging & Containers companies is 57.27, based on 382 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. D K Enterprises Global's current Days Payable of 40.06 is 30% 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 D K Enterprises Global and its competitors. For the Packaging & Containers industry, the median Days Payable is 57.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. D K Enterprises Global's current Days Payable is 40.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is D K Enterprises Global stock overvalued right now?
D K Enterprises Global (NSE:DKEGL) has a current Days Payable of 40.06. The current Days Payable is 40.06 and 30% below the Packaging & Containers industry median of 57.27. D K Enterprises Global's overall GF Score™ is 42/100. 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 D K Enterprises Global (NSE:DKEGL), the current Days Payable is 40.06 as of Sep. 2024. 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.

D K Enterprises Global Business Description

Address Plot Number - 235, Industrial Area Phase-2, Panchkula, HR, IND, 134109
D K Enterprises Global Ltd manufactures paper-based packaging materials, self-adhesive tapes, and laminated products. The company operates in the business segment BOPP Tape & laminates, Corrugated sheets & boxes and Soap Stiffener & Wrapper. . The company generates revenue from the BOPP tape and Laminates segment.
42GF Score

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