Mohini Health & Hygiene (NSE:MHHL) Days Payable : 20.78 (As of Mar. 2023)

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What is Mohini Health & Hygiene Days Payable?

Mohini Health & Hygiene's average Accounts Payable for the six months ended in Mar. 2023 was ₹89 Mil. Mohini Health & Hygiene's Cost of Goods Sold for the six months ended in Mar. 2023 was ₹784 Mil. Hence, Mohini Health & Hygiene's Days Payable for the six months ended in Mar. 2023 was 20.78.

The historical rank and industry rank for Mohini Health & Hygiene's Days Payable or its related term are showing as below:

NSE:MHHL' s Days Payable Range Over the Past 10 Years
Min: 19.97 Med: 25.28 Max: 35.8
Current: 23.31

During the past 7 years, Mohini Health & Hygiene's highest Days Payable was 35.80. The lowest was 19.97. And the median was 25.28.

NSE:MHHL's Days Payable is ranked worse than
82.43% of 1019 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 56.07 vs NSE:MHHL: 23.31

Mohini Health & Hygiene's Days Payable declined from Mar. 2022 (27.81) to Mar. 2023 (20.78). It may suggest that Mohini Health & Hygiene accelerated paying its suppliers.

Mohini Health & Hygiene Days Payable Historical Data

The historical data trend for Mohini Health & Hygiene'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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Mohini Health & Hygiene Days Payable Chart

Mohini Health & Hygiene Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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22.94

19.97

31.73

35.80

20.70

Mohini Health & Hygiene Semi-Annual Data
	Mar17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23
Days Payable	Get a 7-Day Free Trial							31.95	44.60	27.81	28.86	20.78

Competitive Comparison of Mohini Health & Hygiene's Days Payable

For the Textile Manufacturing subindustry, Mohini Health & Hygiene'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.

Mohini Health & Hygiene's Days Payable Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Mohini Health & Hygiene's Days Payable falls into.

Mohini Health & Hygiene 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.

Mohini Health & Hygiene'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
=	( (107.428	+	61.92)	/	2 )	/	1492.829	*	365
=	84.674					/	1492.829	*	365
=	20.70

Mohini Health & Hygiene's Days Payable for the quarter that ended in Mar. 2023 is calculated as:

	Days Payable (Q: Mar. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2022 )	+	Accounts Payable (Q: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2023 )	*	Days in Period
=	( (116.693	+	61.92)	/	2 )	/	784.253	*	365 / 2
=	89.3065					/	784.253	*	365 / 2
=	20.78

Mohini Health & Hygiene Days Payable Related Terms

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Mohini Health & Hygiene (NSE:MHHL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Mohini Health & Hygiene Ltd (NSE:MHHL) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

Plot No. 109, Sector 3 Industrial Area, Pithampur, Dhar, MP, IND, 454774

Website

https://www.mohinihealthandhygiene.com

Mohini Health & Hygiene Ltd is a manufacturer and exporter of cotton fibre and yarn. It manufactures absorbent cotton used for medical purposes. Some of its products include Surgical Bleached Absorbent Cotton, Cotton Balls, Zig Zag Cotton, Cotton Ear Buds, and Gamjee Rolls. The company generates revenue both from Domestic and International markets and generates a majority of its revenue from Exports.

Mohini Health & Hygiene (NSE:MHHL) Headlines

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