Proventus Agrocom (NSE:PROV) Days Payable : 13.66 (As of Mar. 2024)

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What is Proventus Agrocom Days Payable?

Proventus Agrocom's average Accounts Payable for the six months ended in Mar. 2024 was ₹203 Mil. Proventus Agrocom's Cost of Goods Sold for the six months ended in Mar. 2024 was ₹2,708 Mil. Hence, Proventus Agrocom's Days Payable for the six months ended in Mar. 2024 was 13.66.

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

NSE:PROV' s Days Payable Range Over the Past 10 Years
Min: 3.47 Med: 9.53 Max: 16.26
Current: 16.26

During the past 5 years, Proventus Agrocom's highest Days Payable was 16.26. The lowest was 3.47. And the median was 9.53.

NSE:PROV's Days Payable is ranked worse than
90.53% of 1785 companies
in the Consumer Packaged Goods industry
Industry Median: 46.09 vs NSE:PROV: 16.26

Proventus Agrocom's Days Payable increased from Mar. 2023 (0.00) to Mar. 2024 (13.66). It may suggest that Proventus Agrocom delayed paying its suppliers.

Proventus Agrocom Days Payable Historical Data

The historical data trend for Proventus Agrocom'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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Proventus Agrocom Days Payable Chart

Proventus Agrocom Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

3.47

9.53

9.05

12.19

11.76

Proventus Agrocom Semi-Annual Data
	Mar20	Mar21	Mar22	Mar23	Sep23	Mar24
Days Payable	Get a 7-Day Free Trial			-	-	-	25.65	13.66

Competitive Comparison of Proventus Agrocom's Days Payable

For the Packaged Foods subindustry, Proventus Agrocom'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.

Proventus Agrocom's Days Payable Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Proventus Agrocom's Days Payable falls into.

Proventus Agrocom 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.

Proventus Agrocom'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
=	( (0	+	146.609)	/	1 )	/	4549.683	*	365
=	146.609					/	4549.683	*	365
=	11.76

Proventus Agrocom'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: Sep. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (258.873	+	146.609)	/	2 )	/	2707.692	*	365 / 2
=	202.741					/	2707.692	*	365 / 2
=	13.66

Proventus Agrocom Days Payable Related Terms

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Proventus Agrocom (NSE:PROV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Proventus Agrocom Ltd (NSE:PROV) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

Village Mulgaon, MV Road, Unit 515, 5th Floor, C Wing, 1 MTR Cabin, Atrium, Andheri East, Near Acme Plaza, Mumbai, MH, IND, 400 069

Website

https://www.proventusagro.com

Proventus Agrocom Ltd is an integrated health food brand with a presence in the entire range of dry fruits, nuts, seeds, berries, and healthy snacking products across the value chain. Its approach in the space focuses on diversifying across the baskets and intensifying its presence across the value chain; in the end, being a one-stop shop for the consumers. Its products include cashew, almonds, walnuts, raisins, sunflower seeds, pistachios and other dry fruits, nuts, seeds and berries.