Libas Consumer Products (NSE:LIBAS) Days Payable: 39.96 (As of Sep. 2024)


NSE:LIBAS Libas Consumer Products Ltd NSE:LIBAS
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What is Libas Consumer Products Days Payable?

Libas Consumer Products NSE:LIBAS -0.85% 4 Days Payable is 39.96 as of Sep. 2024. GuruFocus rates NSE:LIBAS with a GF Score™ of 4/100.

Libas Consumer Products's average Accounts Payable for the three months ended in Sep. 2024 was ₹66.9 Mil. Libas Consumer Products's Cost of Goods Sold for the three months ended in Sep. 2024 was ₹152.8 Mil. Hence, Libas Consumer Products's Days Payable for the three months ended in Sep. 2024 was 39.96.

The historical rank and industry rank for Libas Consumer Products's Days Payable or its related term are showing as below:

NSE:LIBAS's Days Payable is not ranked *
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 54.13
* Ranked among companies with meaningful Days Payable only.

Libas Consumer Products's Days Payable declined from Sep. 2023 (134.97) to Sep. 2024 (39.96). It may suggest that Libas Consumer Products accelerated paying its suppliers.

Libas Consumer Products Days Payable Historical Data

* Premium members only.

The historical data trend for Libas Consumer Products'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.

Libas Consumer Products Days Payable Chart

Libas Consumer Products Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.95 41.17 51.15 64.35 36.09

Libas Consumer Products Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 134.97 110.55 15.92 24.84 39.96

NSE:LIBAS vs RL, LEVI, VFC: Days Payable Comparison

For the Apparel Manufacturing subindustry, Libas Consumer Products'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.

Libas Consumer Products Days Payable vs Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Libas Consumer Products's Days Payable falls into.


NSE:LIBAS
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Libas Consumer Products Ltd NSE:LIBAS
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Libas Consumer Products 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.

Libas Consumer Products'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
=( (94.917 + 40.037) / 2 ) / 682.388*365
=67.477 / 682.388*365
=36.09

Libas Consumer Products's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

Days Payable (Q: Sep. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2024 ) + Accounts Payable (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (0 + 66.927) / 1 ) / 152.817*365 / 4
=66.927 / 152.817*365 / 4
=39.96

* 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 39.96 mean?
Libas Consumer Products (NSE:LIBAS) has a Days Payable of 39.96 as of Sep. 2024. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Libas Consumer Products and its competitors.
Is Libas Consumer Products' Days Payable too high?
Libas Consumer Products' current Days Payable is 39.96. The Manufacturing - Apparel & Accessories industry median Days Payable is 54.13. Libas Consumer Products' value of 39.96 is 26.2% below this industry median. Overall, Libas Consumer Products has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Libas Consumer Products' Days Payable compare to RL and LEVI?
Libas Consumer Products' Days Payable of 39.96 can be compared against companies in the Manufacturing - Apparel & Accessories industry. The industry median Days Payable is 54.13. Libas Consumer Products' value of 39.96 is 26.2% below 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 54.13, based on 1,019 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. Libas Consumer Products's current Days Payable of 39.96 is 26.2% below 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 Libas Consumer Products and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Payable is 54.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Libas Consumer Products's current Days Payable is 39.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Libas Consumer Products stock overvalued right now?
Libas Consumer Products (NSE:LIBAS) has a current Days Payable of 39.96. The current Days Payable is 39.96 and 26.2% below the Manufacturing - Apparel & Accessories industry median of 54.13. Libas Consumer Products' overall GF Score™ is 4/100. 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 Libas Consumer Products (NSE:LIBAS), the current Days Payable is 39.96 as of Sep. 2024. 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.

Libas Consumer Products Business Description

Address Off New Link Road, Lokhanwala Complex, 401, 4th Floor, Crescent Royale, Andheri (West), Mumbai, MH, IND, 400053
Libas Consumer Products Ltd is an Indian firm engaged in the business of manufacturing apparel. The company offers clothing for men and women which includes shirts, trousers, blazers, jackets, suits, sarees, among others. The business operates in a single segment being manufacturing and dealing in textiles. It derives revenue from the domestic sale of goods.
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