Lux Industries (NSE:LUXIND) Days Payable : 61.44 (As of Mar. 2024)

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What is Lux Industries Days Payable?

Lux Industries's average Accounts Payable for the three months ended in Mar. 2024 was ₹3,363 Mil. Lux Industries's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹4,996 Mil. Hence, Lux Industries's Days Payable for the three months ended in Mar. 2024 was 61.44.

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

NSE:LUXIND' s Days Payable Range Over the Past 10 Years
Min: 66.91 Med: 100.61 Max: 117.41
Current: 74.95

During the past 10 years, Lux Industries's highest Days Payable was 117.41. The lowest was 66.91. And the median was 100.61.

NSE:LUXIND's Days Payable is ranked better than
63.48% of 1016 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 56.335 vs NSE:LUXIND: 74.95

Lux Industries's Days Payable increased from Mar. 2023 (55.10) to Mar. 2024 (61.44). It may suggest that Lux Industries delayed paying its suppliers.

Lux Industries Days Payable Historical Data

The historical data trend for Lux Industries'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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Lux Industries Days Payable Chart

Lux Industries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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100.48

104.81

117.41

66.91

75.31

Lux Industries Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															55.10	81.79	66.79	100.64	61.44

Competitive Comparison of Lux Industries's Days Payable

For the Apparel Manufacturing subindustry, Lux Industries'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.

Lux Industries's Days Payable Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Lux Industries's Days Payable falls into.

Lux Industries 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.

Lux Industries'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
=	( (3261.4	+	3363.4)	/	2 )	/	16053.5	*	365
=	3312.4					/	16053.5	*	365
=	75.31

Lux Industries'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: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (0	+	3363.4)	/	1 )	/	4995.6	*	365 / 4
=	3363.4					/	4995.6	*	365 / 4
=	61.44

Lux Industries Days Payable Related Terms

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Lux Industries (NSE:LUXIND) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Lux Industries Ltd (NSE:LUXIND) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

539542:India

Address

P.S. Srijan Tech Park, DN - 52, Sector - V, 10th Floor, Salt Lake City, Kolkata, WB, IND, 700 091

Website

https://www.luxinnerwear.com

Lux Industries Ltd is an Indian company which is engaged in manufacturing and sales of knitwear for men, women, and children. The company's products include briefs, trunks, drawers, vests, Bermudas, t-shirts, socks, leggings, bloomer, panties, slacks and slips and winter wear. It markets its products under the brand name Lux Cozi, Lux Cozi Bigshot, Lux Venus, Lux Classic, Lux Inferno, Lux Cottswool and others. The company has one primary segment which is manufacturing and the sale of Knitwear's. Geographically, it derives a majority of its revenue from India.

Lux Industries (NSE:LUXIND) Headlines

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