Euro India Fresh Foods (NSE:EIFFL) Days Payable : 33.81 (As of Mar. 2023)

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What is Euro India Fresh Foods Days Payable?

Euro India Fresh Foods's average Accounts Payable for the six months ended in Mar. 2023 was ₹94 Mil. Euro India Fresh Foods's Cost of Goods Sold for the six months ended in Mar. 2023 was ₹1,010 Mil. Hence, Euro India Fresh Foods's Days Payable for the six months ended in Mar. 2023 was 16.90.

The historical rank and industry rank for Euro India Fresh Foods's Days Payable or its related term are showing as below:

NSE:EIFFL' s Days Payable Range Over the Past 10 Years
Min: 33.81 Med: 66.79 Max: 183.84
Current: 33.81

During the past 12 years, Euro India Fresh Foods's highest Days Payable was 183.84. The lowest was 33.81. And the median was 66.79.

NSE:EIFFL's Days Payable is ranked worse than
66.22% of 1785 companies
in the Consumer Packaged Goods industry
Industry Median: 46.07 vs NSE:EIFFL: 33.81

Euro India Fresh Foods's Days Payable declined from Mar. 2021 (59.73) to Mar. 2023 (33.81). It may suggest that Euro India Fresh Foods accelerated paying its suppliers.

Euro India Fresh Foods Days Payable Historical Data

The historical data trend for Euro India Fresh Foods'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.

Euro India Fresh Foods Days Payable Chart

Euro India Fresh Foods Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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52.67

64.42

59.73

39.63

33.81

Euro India Fresh Foods Semi-Annual Data
	Mar12	Mar13	Mar14	Mar15	Mar16	Mar17	Mar18	Mar19	Mar20	Mar21	Mar22	Mar23
Days Payable	Get a 7-Day Free Trial							52.67	64.42	59.73	39.63	33.81

Competitive Comparison of Euro India Fresh Foods's Days Payable

For the Packaged Foods subindustry, Euro India Fresh Foods'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.

Euro India Fresh Foods's Days Payable Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Euro India Fresh Foods's Days Payable distribution charts can be found below:

* The bar in red indicates where Euro India Fresh Foods's Days Payable falls into.

Euro India Fresh Foods 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.

Euro India Fresh Foods's Days Payable for the fiscal year that ended in Mar. 2023 is calculated as

	Days Payable (A: Mar. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2022 )	+	Accounts Payable (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (80.8	+	106.3)	/	2 )	/	1010	*	365
=	93.55					/	1010	*	365
=	33.81

Euro India Fresh Foods's Days Payable for the quarter that ended in Mar. 2023 is calculated as:

	Days Payable (Q: Mar. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2022 )	+	Accounts Payable (Q: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2023 )	*	Days in Period
=	( (80.8	+	106.3)	/	2 )	/	1010	*	365 / 2
=	93.55					/	1010	*	365 / 2
=	16.90

Euro India Fresh Foods Days Payable Related Terms

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Euro India Fresh Foods (NSE:EIFFL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Euro India Fresh Foods Ltd (NSE:EIFFL) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

Andheri Kurla Road, Near Cinemax Theater, 501, 5th Floor, The Summit Business Bay, Andheri (East), Mumbai, MH, IND, 400059

Website

https://www.euroindiafoods.com

Euro India Fresh Foods Ltd is an Indian Food business firm. The company is engaged in manufacturing and selling processed food and beverages which is the only business segment. Company products include; Euro Chips, Euro Namkeens, Euro Getmore, Euro Wheels, packaged drinking water Euro Spa, Euro's mango drink Fresho, and lemon-based drinks Euro Lemoni. The firm has outlets in cities such as Surat, Ahmedabad, Bhavnagar, Mumbai and Others. Euro also exports products overseas however the majority of the revenue accrues from domestic sales.

Euro India Fresh Foods (NSE:EIFFL) Headlines

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