Karuturi Global (NSE:KGL) Days Payable: 417.73 (As of Dec. 2018)


What is Karuturi Global Days Payable?

Karuturi Global NSE:KGL Days Payable is 417.73 as of Dec. 2018.

Karuturi Global's average Accounts Payable for the three months ended in Dec. 2018 was ₹1,327 Mil. Karuturi Global's Cost of Goods Sold for the three months ended in Dec. 2018 was ₹290 Mil. Hence, Karuturi Global's Days Payable for the three months ended in Dec. 2018 was 417.73.

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

NSE:KGL's Days Payable is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 44.14
* Ranked among companies with meaningful Days Payable only.

Karuturi Global's Days Payable increased from Dec. 2017 (349.59) to Dec. 2018 (417.73). It may suggest that Karuturi Global delayed paying its suppliers.

Karuturi Global Days Payable Historical Data

* Premium members only.

The historical data trend for Karuturi Global'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.

Karuturi Global Days Payable Chart

Karuturi Global Annual Data
Trend Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 298.39 408.20 394.72 417.22 418.31

Karuturi Global Quarterly Data
Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 349.59 245.42 567.35 474.97 417.73

NSE:KGL vs SIAF: Days Payable Comparison

For the Farm Products subindustry, Karuturi Global'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.

Karuturi Global Days Payable vs Consumer Packaged Goods Industry

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

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


Karuturi Global 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.

Karuturi Global's Days Payable for the fiscal year that ended in Mar. 2018 is calculated as

Days Payable (A: Mar. 2018 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2017 ) + Accounts Payable (A: Mar. 2018 )) / count ) / Cost of Goods Sold (A: Mar. 2018 )*Days in Period
=( (1586.566 + 1432.979) / 2 ) / 1317.363*365
=1509.7725 / 1317.363*365
=418.31

Karuturi Global's Days Payable for the quarter that ended in Dec. 2018 is calculated as:

Days Payable (Q: Dec. 2018 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2018 ) + Accounts Payable (Q: Dec. 2018 )) / count ) / Cost of Goods Sold (Q: Dec. 2018 )*Days in Period
=( (1326.866 + 0) / 1 ) / 289.847*365 / 4
=1326.866 / 289.847*365 / 4
=417.73

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 417.73 mean?
Karuturi Global (NSE:KGL) has a Days Payable of 417.73 as of Dec. 2018. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Karuturi Global and its competitors.
Is Karuturi Global's Days Payable too high?
Karuturi Global's current Days Payable is 417.73. The Consumer Packaged Goods industry median Days Payable is 44.14. Karuturi Global's value of 417.73 is 846.4% above this industry median.
How does Karuturi Global's Days Payable compare to SIAF?
Karuturi Global's Days Payable of 417.73 can be compared against companies in the Consumer Packaged Goods industry. The industry median Days Payable is 44.14. Karuturi Global's value of 417.73 is 846.4% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Consumer Packaged Goods company?
The median Days Payable among Consumer Packaged Goods companies is 44.14, based on 1,881 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Karuturi Global's current Days Payable of 417.73 is 846.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Karuturi Global and its competitors. For the Consumer Packaged Goods industry, the median Days Payable is 44.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Karuturi Global's current Days Payable is 417.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Karuturi Global stock overvalued right now?
Karuturi Global (NSE:KGL) has a current Days Payable of 417.73. The current Days Payable is 417.73 and 846.4% above the Consumer Packaged Goods industry median of 44.14. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Karuturi Global (NSE:KGL), the current Days Payable is 417.73 as of Dec. 2018. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Karuturi Global Business Description

Address 11, Crescent Road, Number 204, Embassy Center, Bangalore, KA, IND, 560001
Karuturi Global Ltd is engaged in the manufacturing of flowers, plant and plant materials. The company is a producer and exporter of cut roses and has its operations in India, Ethiopia, Dubai, and Kenya. It is involved in the business of Floriculture, Agriculture, Food processing and Information technology (IT). The Floriculture products consist of cut flowers, pot plants, seeds bulbs, rooted cuttings and dried flowers. Its Agriculture business produces cereal crops like maize, corn, sugarcane, and oilseeds. The Food processing business specializes in gherkin processing such as bay valley foods, mount olive, vlassic, heinz, and lidl. The IT business offers customized e-commerce solutions to companies dealing with perishable goods and commodities, paper industries, and government agencies.