Global Surfaces (NSE:GSLSU) Days Payable : 161.13 (As of Dec. 2023)

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What is Global Surfaces Days Payable?

Global Surfaces's average Accounts Payable for the three months ended in Dec. 2023 was ₹288 Mil. Global Surfaces's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹163 Mil. Hence, Global Surfaces's Days Payable for the three months ended in Dec. 2023 was 161.13.

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

NSE:GSLSU' s Days Payable Range Over the Past 10 Years
Min: 30.31 Med: 51.66 Max: 109.14
Current: 109.14

During the past 4 years, Global Surfaces's highest Days Payable was 109.14. The lowest was 30.31. And the median was 51.66.

NSE:GSLSU's Days Payable is ranked better than
73.05% of 371 companies
in the Building Materials industry
Industry Median: 67.69 vs NSE:GSLSU: 109.14

Global Surfaces's Days Payable increased from Dec. 2022 (108.03) to Dec. 2023 (161.13). It may suggest that Global Surfaces delayed paying its suppliers.

Global Surfaces Days Payable Historical Data

The historical data trend for Global Surfaces'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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Global Surfaces Days Payable Chart

Global Surfaces Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Days Payable

30.31

45.86

57.45

59.81

Global Surfaces Quarterly Data
	Mar20	Mar21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial					108.03	35.55	898.73	161.09	161.13

Competitive Comparison of Global Surfaces's Days Payable

For the Building Materials subindustry, Global Surfaces'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.

Global Surfaces's Days Payable Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Global Surfaces's Days Payable distribution charts can be found below:

* The bar in red indicates where Global Surfaces's Days Payable falls into.

Global Surfaces 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.

Global Surfaces'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
=	( (187.49	+	161.9)	/	2 )	/	1066.13	*	365
=	174.695					/	1066.13	*	365
=	59.81

Global Surfaces's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (287.95	+	0)	/	1 )	/	163.07	*	365 / 4
=	287.95					/	163.07	*	365 / 4
=	161.13

Global Surfaces Days Payable Related Terms

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Global Surfaces (NSE:GSLSU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Global Surfaces Ltd (NSE:GSLSU) » Definitions » Days Payable

Traded in Other Exchanges

543829:India

Address

Plot No. PA-10-006, Engineering and Related Industries SEZ, Mahindra World City Tehsil-Sanganer, Jaipur, RJ, IND, 302037

Website

https://www.globalsurfaces.in

Global Surfaces Ltd is engaged in processing natural stones and manufacturing engineered quartz. The Natural stones are produced through complex geological processes and forms various products like granite, limestone, marble, slate, quartzite, onyx, sandstone, travertine, and others that are quarried from the earth.

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