GSM Foils (NSE:GSMFOILS) Days Payable : 24.14 (As of Dec. 2024)

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What is GSM Foils Days Payable?

GSM Foils's average Accounts Payable for the three months ended in Dec. 2024 was ₹80.1 Mil. GSM Foils's Cost of Goods Sold for the three months ended in Dec. 2024 was ₹302.7 Mil. Hence, GSM Foils's Days Payable for the three months ended in Dec. 2024 was 24.14.

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

NSE:GSMFOILS' s Days Payable Range Over the Past 10 Years
Min: 2.49 Med: 4.11 Max: 80.88
Current: 80.88

During the past 3 years, GSM Foils's highest Days Payable was 80.88. The lowest was 2.49. And the median was 4.11.

NSE:GSMFOILS's Days Payable is ranked better than
56.49% of 793 companies
in the Medical Devices & Instruments industry
Industry Median: 70.23 vs NSE:GSMFOILS: 80.88

GSM Foils's Days Payable increased from Mar. 2022 (0.00) to Dec. 2024 (24.14). It may suggest that GSM Foils delayed paying its suppliers.

GSM Foils Days Payable Historical Data

The historical data trend for GSM Foils'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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GSM Foils Days Payable Chart

GSM Foils Annual Data

Trend

Mar21

Mar22

Mar23

Days Payable

2.49

4.11

11.64

GSM Foils Quarterly Data
	Mar21	Mar22	Mar23	Dec23	Sep24	Dec24
Days Payable	Get a 7-Day Free Trial			-	-	-	-	24.14

Competitive Comparison of GSM Foils's Days Payable

For the Medical Instruments & Supplies subindustry, GSM Foils'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.

GSM Foils's Days Payable Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, GSM Foils's Days Payable distribution charts can be found below:

* The bar in red indicates where GSM Foils's Days Payable falls into.

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GSM Foils 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.

GSM Foils'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
=	( (12.809	+	24.909)	/	2 )	/	591.463	*	365
=	18.859					/	591.463	*	365
=	11.64

GSM Foils's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

	Days Payable (Q: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2024 )	+	Accounts Payable (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (80.089	+	0)	/	1 )	/	302.723	*	365 / 4
=	80.089					/	302.723	*	365 / 4
=	24.14

GSM Foils Days Payable Related Terms

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GSM Foils Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » GSM Foils Ltd (NSE:GSMFOILS) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Gala No 06, 106, 206, 306, Sapphire Building, Diamond Industrial Estate, Vasai East IE, Thane, MH, IND, 401208

Website

https://www.gsmfoils.com

GSM Foils Ltd is engaged in the business of manufacturing Blister Foils and Aluminium Pharma Foils (also known as "Strip Foils") which is used in packing of pharmaceutical medicines which includes capsules and tablets both. It products includes plain and printed aluminium foils and strip foils along with alu alu base foils and it ranges from 0.020/ 0.025/ 0.030/ 0.040 micron for coated /ploy laminated/ blister/ strip printed foils. Aluminium Foil or Strip Foils are one of the packaging options for highly sensitive pharmaceutical products that protects the medicines from oxygen, moisture, and other environmental influences. Blister Foils are commonly used as unit-dose packaging for pharmaceutical tablets.

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