Madhusudan Masala (NSE:MADHUSUDAN) Days Payable : 6.02 (As of Mar. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Madhusudan Masala Days Payable?

Madhusudan Masala's average Accounts Payable for the six months ended in Mar. 2024 was ₹23 Mil. Madhusudan Masala's Cost of Goods Sold for the six months ended in Mar. 2024 was ₹1,403 Mil. Hence, Madhusudan Masala's Days Payable for the six months ended in Mar. 2024 was 3.01.

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

NSE:MADHUSUDAN' s Days Payable Range Over the Past 10 Years
Min: 6.02 Med: 18.98 Max: 31.32
Current: 6.02

During the past 4 years, Madhusudan Masala's highest Days Payable was 31.32. The lowest was 6.02. And the median was 18.98.

NSE:MADHUSUDAN's Days Payable is ranked worse than
97.8% of 1820 companies
in the Consumer Packaged Goods industry
Industry Median: 45.78 vs NSE:MADHUSUDAN: 6.02

Madhusudan Masala's Days Payable declined from Mar. 2022 (31.32) to Mar. 2024 (6.02). It may suggest that Madhusudan Masala accelerated paying its suppliers.

Madhusudan Masala Days Payable Historical Data

The historical data trend for Madhusudan Masala'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.

* Premium members only.

Madhusudan Masala Days Payable Chart

Madhusudan Masala Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Days Payable

26.46

31.32

11.50

6.02

Madhusudan Masala Semi-Annual Data
	Mar21	Mar22	Mar23	Mar24
Days Payable	26.46	31.32	11.50	6.02

Competitive Comparison of Madhusudan Masala's Days Payable

For the Packaged Foods subindustry, Madhusudan Masala'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.

Madhusudan Masala's Days Payable Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Madhusudan Masala's Days Payable falls into.

Madhusudan Masala 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.

Madhusudan Masala'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
=	( (12.412	+	33.85)	/	2 )	/	1403.177	*	365
=	23.131					/	1403.177	*	365
=	6.02

Madhusudan Masala'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: Mar. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (12.412	+	33.85)	/	2 )	/	1403.177	*	365 / 2
=	23.131					/	1403.177	*	365 / 2
=	3.01

Madhusudan Masala Days Payable Related Terms

Thank you for viewing the detailed overview of Madhusudan Masala's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Madhusudan Masala Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Madhusudan Masala Ltd (NSE:MADHUSUDAN) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

Plot No. 1 - B Hapa Road, F. P. No. 19, Jamnagar, GJ, IND, 361001

Website

https://www.madhusudanmasala.com

Madhusudan Masala Ltd is engaged in the business of manufacturing and processing more than 32 types of Spices under the brand names of DOUBLE HATHI and MAHARAJA. It also sells products like Whole Spices, Tea and Other Grocery Products like Rajgira flour, Papad, Soya Products, Asafoetida (Hing), Achar masala (Ready to make pickle powder), Sanchar (Black salt powder), Sindhalu (Rock salt powder), Katlu powder (Food supplement), Kasuri Methi (Dry fenugreek), etc.

Madhusudan Masala Headlines

No Headlines