Renaissance Global (NSE:RGL) Days Payable : 49.51 (As of Dec. 2024)

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What is Renaissance Global Days Payable?

Renaissance Global's average Accounts Payable for the three months ended in Dec. 2024 was ₹2,811 Mil. Renaissance Global's Cost of Goods Sold for the three months ended in Dec. 2024 was ₹5,180 Mil. Hence, Renaissance Global's Days Payable for the three months ended in Dec. 2024 was 49.51.

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

NSE:RGL' s Days Payable Range Over the Past 10 Years
Min: 32.08 Med: 52.19 Max: 96.75
Current: 61.49

During the past 13 years, Renaissance Global's highest Days Payable was 96.75. The lowest was 32.08. And the median was 52.19.

NSE:RGL's Days Payable is ranked better than
55.24% of 1088 companies
in the Retail - Cyclical industry
Industry Median: 54.295 vs NSE:RGL: 61.49

Renaissance Global's Days Payable declined from Dec. 2023 (53.07) to Dec. 2024 (49.51). It may suggest that Renaissance Global accelerated paying its suppliers.

Renaissance Global Days Payable Historical Data

The historical data trend for Renaissance Global'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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Renaissance Global Days Payable Chart

Renaissance Global Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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39.26

32.08

43.79

53.40

50.85

Renaissance Global 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															53.07	43.37	59.08	98.61	49.51

Competitive Comparison of Renaissance Global's Days Payable

For the Luxury Goods subindustry, Renaissance Global'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.

Renaissance Global's Days Payable Distribution in the Retail - Cyclical Industry

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

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

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Renaissance Global 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.

Renaissance Global'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
=	( (2265.783	+	1855.689)	/	2 )	/	14792.397	*	365
=	2060.736					/	14792.397	*	365
=	50.85

Renaissance Global'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
=	( (2810.56	+	0)	/	1 )	/	5179.575	*	365 / 4
=	2810.56					/	5179.575	*	365 / 4
=	49.51

Renaissance Global Days Payable Related Terms

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Renaissance Global Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Renaissance Global Ltd (NSE:RGL) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

532923:India

Address

Plot Number 36A and 37, SEEPZ - SEZ, MIDC, Marol, Andheri (East), Mumbai, MH, IND, 400 096

Website

https://www.renaissanceglobal.com

Renaissance Global Ltd is engaged in manufacturing, trading, and retail of Jewellery, Gems, Diamond, Furniture and accessories. The jewelry products include Gold, Silver, Platinum, Studded with Polished Diamonds, and Semi-precious and precious stones. Its portfolio consists of Rings, Earrings, Pendants, Bracelets, Necklaces, Bangles, Money clips, Tie pins and Cuff links, among others. The brands of the company are Irasva, Enchanted Disney and Hallmark, among others. It sells the products in India and also exports them to other countries, of which prime revenue is generated from the sales made outside of India.

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