Godrej Agrovet (NSE:GODREJAGRO) Days Payable : 36.05 (As of Mar. 2024)

View and export this data going back to 2017. Start your Free Trial

What is Godrej Agrovet Days Payable?

Godrej Agrovet's average Accounts Payable for the three months ended in Mar. 2024 was ₹6,278 Mil. Godrej Agrovet's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹15,891 Mil. Hence, Godrej Agrovet's Days Payable for the three months ended in Mar. 2024 was 36.05.

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

NSE:GODREJAGRO' s Days Payable Range Over the Past 10 Years
Min: 30.01 Med: 47.97 Max: 82.82
Current: 32.67

During the past 12 years, Godrej Agrovet's highest Days Payable was 82.82. The lowest was 30.01. And the median was 47.97.

NSE:GODREJAGRO's Days Payable is ranked worse than
67.99% of 1787 companies
in the Consumer Packaged Goods industry
Industry Median: 46.07 vs NSE:GODREJAGRO: 32.67

Godrej Agrovet's Days Payable declined from Mar. 2023 (38.23) to Mar. 2024 (36.05). It may suggest that Godrej Agrovet accelerated paying its suppliers.

Godrej Agrovet Days Payable Historical Data

The historical data trend for Godrej Agrovet'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.

Godrej Agrovet Days Payable Chart

Godrej Agrovet Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

Get a 7-Day Free Trial

82.50

78.17

40.93

34.56

33.56

Godrej Agrovet 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															38.23	33.78	28.51	31.24	36.05

Competitive Comparison of Godrej Agrovet's Days Payable

For the Farm Products subindustry, Godrej Agrovet'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.

Godrej Agrovet's Days Payable Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Godrej Agrovet's Days Payable falls into.

Godrej Agrovet 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.

Godrej Agrovet'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
=	( (7043.3	+	6277.7)	/	2 )	/	72437.3	*	365
=	6660.5					/	72437.3	*	365
=	33.56

Godrej Agrovet'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	+	6277.7)	/	1 )	/	15891	*	365 / 4
=	6277.7					/	15891	*	365 / 4
=	36.05

Godrej Agrovet Days Payable Related Terms

Thank you for viewing the detailed overview of Godrej Agrovet's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Godrej Agrovet (NSE:GODREJAGRO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Godrej Agrovet Ltd (NSE:GODREJAGRO) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

540743:India

Address

Eastern Express Highway, Godrej One, 3rd Floor, Pirojshanagar, Vikhroli (East), Mumbai, MH, IND, 400 079

Website

https://www.godrejagrovet.com

Godrej Agrovet Ltd is an India-based company engaged in the manufacturing and marketing of animal feed, agricultural inputs, palm oil, and allied products. It operates through the following business divisions: Animal Feed, Crop Protection, Vegetable Oil, Real Estate Business, and Other business segments which include Seed Business and Energy Generation through Windmills. The key revenue is derived from the Animal Feed business segment. The company offers animal feed such as cattle, poultry, aqua, and specialty feed, as well as on-farm technical support services.

Godrej Agrovet (NSE:GODREJAGRO) Headlines

No Headlines