Kalahridhaan Trendz (NSE:KTL) Days Payable: 57.03 (As of Sep. 2023)


NSE:KTL Kalahridhaan Trendz Ltd NSE:KTL
10 GF Score
Price ₹4.85
View Full Analysis

What is Kalahridhaan Trendz Days Payable?

Kalahridhaan Trendz NSE:KTL 10 Days Payable is 57.03 as of Sep. 2023. GuruFocus rates NSE:KTL with a GF Score™ of 10/100.

Kalahridhaan Trendz's average Accounts Payable for the six months ended in Sep. 2023 was ₹228.2 Mil. Kalahridhaan Trendz's Cost of Goods Sold for the six months ended in Sep. 2023 was ₹730.3 Mil. Hence, Kalahridhaan Trendz's Days Payable for the six months ended in Sep. 2023 was 57.03.

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

NSE:KTL's Days Payable is not ranked *
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 54.045
* Ranked among companies with meaningful Days Payable only.

Kalahridhaan Trendz's Days Payable increased from Mar. 2022 (0.00) to Sep. 2023 (57.03). It may suggest that Kalahridhaan Trendz delayed paying its suppliers.

Kalahridhaan Trendz Days Payable Historical Data

* Premium members only.

The historical data trend for Kalahridhaan Trendz'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.

Kalahridhaan Trendz Days Payable Chart

Kalahridhaan Trendz Annual Data
Trend Mar21 Mar22 Mar23
Days Payable
53.16 58.68 71.16

Kalahridhaan Trendz Semi-Annual Data
Mar21 Mar22 Mar23 Sep23
Days Payable 0.00 0.00 0.00 57.03

Kalahridhaan Trendz Days Payable Competitor Comparison

For the Textile Manufacturing subindustry, Kalahridhaan Trendz'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.

Kalahridhaan Trendz Days Payable vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Kalahridhaan Trendz's Days Payable distribution charts can be found below:

* The bar in red indicates where Kalahridhaan Trendz's Days Payable falls into.


NSE:KTL
10GF Score
Kalahridhaan Trendz Ltd NSE:KTL
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kalahridhaan Trendz 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.

Kalahridhaan Trendz'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
=( (380.366 + 279.096) / 2 ) / 1691.291*365
=329.731 / 1691.291*365
=71.16

Kalahridhaan Trendz's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

Days Payable (Q: Sep. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2023 ) + Accounts Payable (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (279.096 + 177.356) / 2 ) / 730.296*365 / 2
=228.226 / 730.296*365 / 2
=57.03

* 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 57.03 mean?
Kalahridhaan Trendz (NSE:KTL) has a Days Payable of 57.03 as of Sep. 2023. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Kalahridhaan Trendz and its competitors.
Is Kalahridhaan Trendz's Days Payable too high?
Kalahridhaan Trendz's current Days Payable is 57.03. The Manufacturing - Apparel & Accessories industry median Days Payable is 54.05. Kalahridhaan Trendz's value of 57.03 is 5.5% above this industry median. Overall, Kalahridhaan Trendz has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Kalahridhaan Trendz's Days Payable compare to competitors?
Kalahridhaan Trendz's Days Payable of 57.03 can be compared against companies in the Manufacturing - Apparel & Accessories industry. The industry median Days Payable is 54.05. Kalahridhaan Trendz's value of 57.03 is 5.5% 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 Manufacturing - Apparel & Accessories company?
The median Days Payable among Manufacturing - Apparel & Accessories companies is 54.05, based on 1,016 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. Kalahridhaan Trendz's current Days Payable of 57.03 is 5.5% 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 Kalahridhaan Trendz and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Payable is 54.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kalahridhaan Trendz's current Days Payable is 57.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kalahridhaan Trendz stock overvalued right now?
Kalahridhaan Trendz (NSE:KTL) has a current Days Payable of 57.03. The current Days Payable is 57.03 and 5.5% above the Manufacturing - Apparel & Accessories industry median of 54.05. Kalahridhaan Trendz's overall GF Score™ is 10/100. 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 Kalahridhaan Trendz (NSE:KTL), the current Days Payable is 57.03 as of Sep. 2023. 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.

Kalahridhaan Trendz Business Description

Address Near Narol Cross Road, 57, Ashra Industrial Estate, Behind Mahalaxmi Fabrics, Narol, Ahmedabad, GJ, IND, 382405
Kalahridhaan Trendz Ltd is engaged mainly in the business of manufacturing and trading of Fabric with embroidery works, Trading of grey cloths, purchase of grey cloth and printing and dyeing for preparing suiting, shirting and dress materials for sale in the B2B market only. It is preparing the suiting, shirting & dress material products and focuses on the wholesale market. It is the first stage wholesalers, that directly supply the material to the wholesalers.
10GF Score

Get the complete analysis for NSE:KTL

Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹4.85
Price