Gretex Industries (NSE:GRETEX) Days Payable : 0.00 (As of Mar. 2023)

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What is Gretex Industries Days Payable?

Gretex Industries's average Accounts Payable for the six months ended in Mar. 2023 was ₹5.5 Mil. Gretex Industries's Cost of Goods Sold for the six months ended in Mar. 2023 was ₹0.0 Mil.

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

NSE:GRETEX' s Days Payable Range Over the Past 10 Years
Min: 9.04 Med: 22.01 Max: 67.61
Current: 10.58

During the past 9 years, Gretex Industries's highest Days Payable was 67.61. The lowest was 9.04. And the median was 22.01.

NSE:GRETEX's Days Payable is ranked worse than
91.73% of 762 companies
in the Travel & Leisure industry
Industry Median: 58.665 vs NSE:GRETEX: 10.58

Gretex Industries's Days Payable declined from Sep. 2021 (19.64) to Mar. 2023 (0.00). It may suggest that Gretex Industries accelerated paying its suppliers.

Gretex Industries Days Payable Historical Data

The historical data trend for Gretex 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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Gretex Industries Days Payable Chart

Gretex Industries Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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34.50

45.89

22.01

9.04

10.58

Gretex Industries Semi-Annual Data
	Mar16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Mar23	Mar24
Days Payable	Get a 7-Day Free Trial									21.11	19.64	11.02	-	-

Competitive Comparison of Gretex Industries's Days Payable

For the Leisure subindustry, Gretex 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.

Gretex Industries's Days Payable Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Gretex Industries's Days Payable distribution charts can be found below:

* The bar in red indicates where Gretex Industries's Days Payable falls into.

Gretex 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.

Gretex 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
=	( (4.835	+	13.297)	/	2 )	/	312.772	*	365
=	9.066					/	312.772	*	365
=	10.58

Gretex Industries'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
=	( (6.197	+	4.835)	/	2 )	/	0	*	365 / 2
=	5.516					/	0	*	365 / 2
=	N/A

Gretex Industries Days Payable Related Terms

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Gretex Industries Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Gretex Industries Ltd (NSE:GRETEX) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

90, Phears Lane, 5th Floor, Kolkata, WB, IND, 700 012

Website

https://www.gretexindustries.com

Gretex Industries Ltd is engaged in the trading of musical instruments. The company's range of musical instruments includes; guitars, keyboards, piano, flute, violins, drums, and other percussion instruments. It also deals in equipment like microphones, headphones, amplifiers, studio monitor speakers, loudspeakers, mixers, and all types of accessories for pro audio and recording. The company is a distributor of brands like Yamaha, Daddario, Harman and Sennheiser, Alphatech, and amongst others.

Gretex Industries Headlines

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