RBZ Jewellers (NSE:RBZJEWEL) Days Payable : 20.28 (As of Sep. 2024)

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What is RBZ Jewellers Days Payable?

RBZ Jewellers's average Accounts Payable for the three months ended in Sep. 2024 was ₹221 Mil. RBZ Jewellers's Cost of Goods Sold for the three months ended in Sep. 2024 was ₹995 Mil. Hence, RBZ Jewellers's Days Payable for the three months ended in Sep. 2024 was 20.28.

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

NSE:RBZJEWEL' s Days Payable Range Over the Past 10 Years
Min: 11.83 Med: 18.49 Max: 23.28
Current: 14.88

During the past 4 years, RBZ Jewellers's highest Days Payable was 23.28. The lowest was 11.83. And the median was 18.49.

NSE:RBZJEWEL's Days Payable is ranked worse than
88.9% of 1081 companies
in the Retail - Cyclical industry
Industry Median: 52.75 vs NSE:RBZJEWEL: 14.88

RBZ Jewellers's Days Payable declined from Sep. 2023 (25.84) to Sep. 2024 (20.28). It may suggest that RBZ Jewellers accelerated paying its suppliers.

RBZ Jewellers Days Payable Historical Data

The historical data trend for RBZ Jewellers'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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RBZ Jewellers Days Payable Chart

RBZ Jewellers Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Days Payable

20.31

16.67

23.28

11.83

RBZ Jewellers Quarterly Data
	Mar21	Mar22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Payable	Get a 7-Day Free Trial					25.84	14.63	3.65	3.97	20.28

Competitive Comparison of RBZ Jewellers's Days Payable

For the Luxury Goods subindustry, RBZ Jewellers'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.

RBZ Jewellers's Days Payable Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, RBZ Jewellers's Days Payable distribution charts can be found below:

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

RBZ Jewellers 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.

RBZ Jewellers'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
=	( (148.076	+	28.387)	/	2 )	/	2721.336	*	365
=	88.2315					/	2721.336	*	365
=	11.83

RBZ Jewellers'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	+	221.166)	/	1 )	/	994.93	*	365 / 4
=	221.166					/	994.93	*	365 / 4
=	20.28

RBZ Jewellers Days Payable Related Terms

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RBZ Jewellers Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » RBZ Jewellers Ltd (NSE:RBZJEWEL) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

544060:India

Address

S.G. Highway, Block-D, Mondeal Retail Park, Near Rajpath Club, Beside Iscon Mall, Ahmedabad, GJ, IND, 380054

Website

https://www.rbzjewellers.com

RBZ Jewellers Ltd is an organized manufacturer of gold jewelry in India, specializing in Antique Gold Jewellery and distributing it to reputable nationwide retailers and regional players in India.

RBZ Jewellers Headlines

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