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Raymond (NSE:RAYMOND) Days Payable : 127.59 (As of Dec. 2024)


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What is Raymond Days Payable?

Raymond's average Accounts Payable for the three months ended in Dec. 2024 was ₹8,359 Mil. Raymond's Cost of Goods Sold for the three months ended in Dec. 2024 was ₹5,979 Mil. Hence, Raymond's Days Payable for the three months ended in Dec. 2024 was 127.59.

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

NSE:RAYMOND' s Days Payable Range Over the Past 10 Years
Min: 63.13   Med: 125.26   Max: 213.89
Current: 92.95

During the past 13 years, Raymond's highest Days Payable was 213.89. The lowest was 63.13. And the median was 125.26.

NSE:RAYMOND's Days Payable is ranked better than
73.29% of 1011 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 54.01 vs NSE:RAYMOND: 92.95

Raymond's Days Payable declined from Dec. 2023 (352.03) to Dec. 2024 (127.59). It may suggest that Raymond accelerated paying its suppliers.


Raymond Days Payable Historical Data

The historical data trend for Raymond'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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Raymond Days Payable Chart

Raymond Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 133.87 213.89 141.43 129.18 131.51

Raymond Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 352.03 45.18 310.28 109.38 127.59

Competitive Comparison of Raymond's Days Payable

For the Textile Manufacturing subindustry, Raymond'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.


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

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

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


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Raymond 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.

Raymond'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
=( (16918.714 + 20639.752) / 2 ) / 52118.954*365
=18779.233 / 52118.954*365
=131.51

Raymond's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

Days Payable (Q: Dec. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2024 ) + Accounts Payable (Q: Dec. 2024 )) / count ) / Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=( (8359.3 + 0) / 1 ) / 5978.6*365 / 4
=8359.3 / 5978.6*365 / 4
=127.59

* 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.


Raymond Days Payable Related Terms

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Raymond Business Description

Traded in Other Exchanges
Address
Plot No. 156/H No. 2, Village Zadgaon, Ratnagiri, MH, IND, 415 612
Raymond Ltd is engaged in the textile and apparel business. The firm operates in various divisions namely Textile, Real estate development, Shirting, Apparel, Garments, Tools and Hardware, Auto components, and others which include apparel and non-scheduled airline operations. It generates a majority of its revenue from the textile business. The firm's brand profile consists of Park Avenue, Raymond, ColorPlus, Parx, And Ethnix among others.

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