Phoenix Overseas (NSE:PHOGLOBAL) Days Payable : 32.02 (As of Sep. 2024)

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What is Phoenix Overseas Days Payable?

Phoenix Overseas's average Accounts Payable for the six months ended in Sep. 2024 was ₹311 Mil. Phoenix Overseas's Cost of Goods Sold for the six months ended in Sep. 2024 was ₹1,772 Mil. Hence, Phoenix Overseas's Days Payable for the six months ended in Sep. 2024 was 32.02.

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

NSE:PHOGLOBAL' s Days Payable Range Over the Past 10 Years
Min: 26.76 Med: 35.64 Max: 41.81
Current: 26.76

During the past 4 years, Phoenix Overseas's highest Days Payable was 41.81. The lowest was 26.76. And the median was 35.64.

NSE:PHOGLOBAL's Days Payable is ranked worse than
89.61% of 154 companies
in the Industrial Distribution industry
Industry Median: 54.075 vs NSE:PHOGLOBAL: 26.76

Phoenix Overseas's Days Payable declined from Sep. 2023 (47.09) to Sep. 2024 (32.02). It may suggest that Phoenix Overseas accelerated paying its suppliers.

Phoenix Overseas Days Payable Historical Data

The historical data trend for Phoenix Overseas'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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Phoenix Overseas Days Payable Chart

Phoenix Overseas Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Days Payable

33.06

28.37

38.21

41.81

Phoenix Overseas Semi-Annual Data
	Mar21	Mar22	Mar23	Sep23	Mar24	Sep24
Days Payable	Get a 7-Day Free Trial			-	-	47.09	36.47	32.02

Competitive Comparison of Phoenix Overseas's Days Payable

For the Industrial Distribution subindustry, Phoenix Overseas'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.

Phoenix Overseas's Days Payable Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Phoenix Overseas's Days Payable distribution charts can be found below:

* The bar in red indicates where Phoenix Overseas's Days Payable falls into.

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Phoenix Overseas 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.

Phoenix Overseas'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
=	( (645.05	+	493.549)	/	2 )	/	4969.425	*	365
=	569.2995					/	4969.425	*	365
=	41.81

Phoenix Overseas'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: Mar. 2024 )	+	Accounts Payable (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (493.549	+	128.353)	/	2 )	/	1772.032	*	365 / 2
=	310.951					/	1772.032	*	365 / 2
=	32.02

Phoenix Overseas Days Payable Related Terms

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

Phoenix Overseas Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Phoenix Overseas Ltd (NSE:PHOGLOBAL) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

13B Bidhan Sarani Amherst Street, Chanda Plaza 4th Floor, Kolkata, WB, IND, 700006

Website

https://www.phxglobal.net

Phoenix Overseas Ltd is engaged into trading and marketing of animal feeds and agricultural produce and commodities such as corn, oil cakes, spices like dry red chilies, coriander, cumin seeds, food grains like rice, wheat, corn, sorghum and tea, pulses and agricultural feed like soya bean meal and rice bran de-oiled cake. It exports are to Bangladesh among other Asian Countries. It is also engaged in manufacturing of bags for men and women made of jute, cotton, canvas, and leather as well as various other fashion accessories for buyers based in European Countries like France, Italy, Germany, UAE and also in Australia. The company include three segments: Fashion Accessories, Merchant Export and Cold storage. Key revenue is generated from Merchant Export.

Phoenix Overseas Headlines

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