Orbit Exports (NSE:ORBTEXP) Days Payable : 34.00 (As of Sep. 2024)

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What is Orbit Exports Days Payable?

Orbit Exports's average Accounts Payable for the three months ended in Sep. 2024 was ₹84 Mil. Orbit Exports's Cost of Goods Sold for the three months ended in Sep. 2024 was ₹226 Mil. Hence, Orbit Exports's Days Payable for the three months ended in Sep. 2024 was 34.00.

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

NSE:ORBTEXP' s Days Payable Range Over the Past 10 Years
Min: 11.64 Med: 24.44 Max: 47.24
Current: 39.15

During the past 13 years, Orbit Exports's highest Days Payable was 47.24. The lowest was 11.64. And the median was 24.44.

NSE:ORBTEXP's Days Payable is ranked worse than
65.3% of 1023 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 56.01 vs NSE:ORBTEXP: 39.15

Orbit Exports's Days Payable increased from Sep. 2023 (33.21) to Sep. 2024 (34.00). It may suggest that Orbit Exports delayed paying its suppliers.

Orbit Exports Days Payable Historical Data

The historical data trend for Orbit Exports'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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Orbit Exports Days Payable Chart

Orbit Exports Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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23.49

38.45

42.20

44.95

47.24

Orbit Exports 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															33.21	34.79	48.24	46.81	34.00

Competitive Comparison of Orbit Exports's Days Payable

For the Textile Manufacturing subindustry, Orbit Exports'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.

Orbit Exports's Days Payable Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Orbit Exports's Days Payable falls into.

Orbit Exports 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.

Orbit Exports'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
=	( (90.061	+	90.971)	/	2 )	/	699.306	*	365
=	90.516					/	699.306	*	365
=	47.24

Orbit Exports'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	+	84.103)	/	1 )	/	225.749	*	365 / 4
=	84.103					/	225.749	*	365 / 4
=	34.00

Orbit Exports Days Payable Related Terms

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Orbit Exports Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Orbit Exports Ltd (NSE:ORBTEXP) » Definitions » Days Payable

Traded in Other Exchanges

512626:India

Address

Dinshaw Wachha Road, 122, 2nd Floor, Mistry Bhavan, Near K C College, Churchgate, Mumbai, MH, IND, 400 020

Website

https://www.orbitexports.com

Orbit Exports Ltd is the manufacturer and exporter of fabrics. The company operates through two segments which include Manufacturing of textiles and Windmill Power Generation. Its products include Silky aspects, Fashion jacquards, and Christmas crafts. The Silky aspects products consist of Jacquard, Dupion, Silky charmeuse, and Taffeta. The company's Fashion jacquard products include Sylvia and Monza jacquard, Olivia jacquard, New sherwani jacquard, Monochrome jacquard, Mercury jacquard, Impression jacquard, Glossy jacquard, Florence jacquard, Feather jacquard, and Bamboo. The company sells its products in India and also exports them to various other countries. It drives the majority of revenue from the sale of products and services.

Orbit Exports Headlines

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