KN Agri Resources (NSE:KNAGRI) Days Payable : 1.49 (As of Mar. 2024)

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What is KN Agri Resources Days Payable?

KN Agri Resources's average Accounts Payable for the six months ended in Mar. 2024 was ₹79 Mil. KN Agri Resources's Cost of Goods Sold for the six months ended in Mar. 2024 was ₹9,606 Mil. Hence, KN Agri Resources's Days Payable for the six months ended in Mar. 2024 was 1.49.

The historical rank and industry rank for KN Agri Resources's Days Payable or its related term are showing as below:

NSE:KNAGRI' s Days Payable Range Over the Past 10 Years
Min: 0.97 Med: 1.43 Max: 2.26
Current: 1.36

During the past 6 years, KN Agri Resources's highest Days Payable was 2.26. The lowest was 0.97. And the median was 1.43.

NSE:KNAGRI's Days Payable is ranked worse than
99.5% of 1792 companies
in the Consumer Packaged Goods industry
Industry Median: 46.25 vs NSE:KNAGRI: 1.36

KN Agri Resources's Days Payable declined from Mar. 2023 (4.32) to Mar. 2024 (1.49). It may suggest that KN Agri Resources accelerated paying its suppliers.

KN Agri Resources Days Payable Historical Data

The historical data trend for KN Agri Resources'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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KN Agri Resources Days Payable Chart

KN Agri Resources Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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1.94

0.97

1.65

1.06

1.20

KN Agri Resources Semi-Annual Data
	Mar19	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Days Payable	Get a 7-Day Free Trial				1.42	5.44	4.32	1.35	1.49

Competitive Comparison of KN Agri Resources's Days Payable

For the Farm Products subindustry, KN Agri Resources'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.

KN Agri Resources's Days Payable Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where KN Agri Resources's Days Payable falls into.

KN Agri Resources 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.

KN Agri Resources'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
=	( (14.7	+	86.3)	/	2 )	/	15385.5	*	365
=	50.5					/	15385.5	*	365
=	1.20

KN Agri Resources'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: Sep. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (70.8	+	86.3)	/	2 )	/	9606.4	*	365 / 2
=	78.55					/	9606.4	*	365 / 2
=	1.49

KN Agri Resources Days Payable Related Terms

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KN Agri Resources (NSE:KNAGRI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » KN Agri Resources Ltd (NSE:KNAGRI) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

B1 - 506, Marathon Nextgen Innova, Opposite Peninsula Corporate Park, Lower Parel, Mumbai, MH, IND, 400013

Website

https://www.knagri.com

KN Agri Resources Ltd is an agro-based company, involved in the business of solvent extraction and oil refining and trading of various agro-commodities. The wide range of processed and manufactured products includes soya de-oiled cake, Hipro Soya Meal, soya refined oil, soya crude oil, degummed oil, soya lecithin, acid oil, soya husk, cottonseed oil, refined rapeseed oil, and rapeseed de-oiled cake. Its segment includes Agro Product and Power. Under the agro-commodities business, the company trade in various agro commodities such as maize, gram, pulses, sugar, soyabean, wheat, and other.

KN Agri Resources (NSE:KNAGRI) Headlines

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