RSWM (NSE:RSWM) Days Payable : 23.73 (As of Mar. 2024)

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What is RSWM Days Payable?

RSWM's average Accounts Payable for the three months ended in Mar. 2024 was ₹1,999 Mil. RSWM's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹7,687 Mil. Hence, RSWM's Days Payable for the three months ended in Mar. 2024 was 23.73.

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

NSE:RSWM' s Days Payable Range Over the Past 10 Years
Min: 10.26 Med: 20.55 Max: 33.08
Current: 21.22

During the past 13 years, RSWM's highest Days Payable was 33.08. The lowest was 10.26. And the median was 20.55.

NSE:RSWM's Days Payable is ranked worse than
85.01% of 1021 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 56.86 vs NSE:RSWM: 21.22

RSWM's Days Payable increased from Mar. 2023 (19.99) to Mar. 2024 (23.73). It may suggest that RSWM delayed paying its suppliers.

RSWM Days Payable Historical Data

The historical data trend for RSWM'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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RSWM Days Payable Chart

RSWM Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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23.87

33.08

24.90

23.63

23.41

RSWM Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															19.99	21.76	17.04	17.39	23.73

Competitive Comparison of RSWM's Days Payable

For the Textile Manufacturing subindustry, RSWM'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.

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

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

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

RSWM 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.

RSWM'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
=	( (1347.817	+	1999.4)	/	2 )	/	26090.7	*	365
=	1673.6085					/	26090.7	*	365
=	23.41

RSWM'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: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (0	+	1999.4)	/	1 )	/	7687.1	*	365 / 4
=	1999.4					/	7687.1	*	365 / 4
=	23.73

RSWM Days Payable Related Terms

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

RSWM (NSE:RSWM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » RSWM Ltd (NSE:RSWM) » Definitions » Days Payable

Traded in Other Exchanges

500350:India

Address

Bhilwara Towers, A-12, Sector - 1, NCR-Delhi, Noida, UP, IND, 201 301

Website

https://www.rswm.in

RSWM Ltd is an India based textile manufacturing company. It produces yarns like cotton, melange, synthetic, and novelty yarns suitable for suitings, shirtings, hosiery, carpet, denim, technical textiles, and industrial applications. The operating segments of the company are Yarn and Fabric, of which the majority of the revenue is generated from Yarn segment. Geographically, it generates maximum revenue from India.

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