Gajanand International (NSE:GAJANAND) Days Payable : 27.02 (As of Sep. 2024)

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What is Gajanand International Days Payable?

Gajanand International's average Accounts Payable for the six months ended in Sep. 2024 was ₹61 Mil. Gajanand International's Cost of Goods Sold for the six months ended in Sep. 2024 was ₹409 Mil. Hence, Gajanand International's Days Payable for the six months ended in Sep. 2024 was 27.02.

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

NSE:GAJANAND' s Days Payable Range Over the Past 10 Years
Min: 1.35 Med: 3.17 Max: 19
Current: 19

During the past 3 years, Gajanand International's highest Days Payable was 19.00. The lowest was 1.35. And the median was 3.17.

NSE:GAJANAND's Days Payable is ranked worse than
86.42% of 1833 companies
in the Consumer Packaged Goods industry
Industry Median: 45.74 vs NSE:GAJANAND: 19.00

Gajanand International's Days Payable increased from Sep. 2023 (6.33) to Sep. 2024 (27.02). It may suggest that Gajanand International delayed paying its suppliers.

Gajanand International Days Payable Historical Data

The historical data trend for Gajanand International'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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Gajanand International Days Payable Chart

Gajanand International Annual Data

Trend

Mar22

Mar23

Mar24

Days Payable

1.35

3.17

17.04

Gajanand International Semi-Annual Data
	Mar22	Mar23	Sep23	Mar24	Sep24
Days Payable	-	-	6.33	21.12	27.02

Competitive Comparison of Gajanand International's Days Payable

For the Farm Products subindustry, Gajanand International'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.

Gajanand International's Days Payable Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Gajanand International's Days Payable falls into.

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Gajanand International 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.

Gajanand International'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
=	( (9.937	+	87.316)	/	2 )	/	1041.324	*	365
=	48.6265					/	1041.324	*	365
=	17.04

Gajanand International'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
=	( (87.316	+	33.883)	/	2 )	/	409.342	*	365 / 2
=	60.5995					/	409.342	*	365 / 2
=	27.02

Gajanand International Days Payable Related Terms

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Gajanand International Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Gajanand International Ltd (NSE:GAJANAND) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jasdan-Atkot Road, Near Bypass Circle, Survey No. 1257/1266, Jasdan, Rajkot, GJ, IND, 360050

Website

https://www.gajanand-int.com

Gajanand International Ltd is engaged in producing contamination-free and sustainable cotton. It offers high-quality service to its consumers. Its products include MECH1 Cotton, SHANKAR6 Cotton, DCH 32, and Khol.

Gajanand International Headlines

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