Supreme (India) Impex (NSE:SIIL) Days Payable: 0.00 (As of Mar. 2018)


What is Supreme (India) Impex Days Payable?

Supreme (India) Impex NSE:SIIL Days Payable is 0.00 as of Mar. 2018.

Supreme (India) Impex's average Accounts Payable for the six months ended in Mar. 2018 was ₹707 Mil. Supreme (India) Impex's Cost of Goods Sold for the six months ended in Mar. 2018 was ₹0 Mil.

The historical rank and industry rank for Supreme (India) Impex's Days Payable or its related term are showing as below:

NSE:SIIL's Days Payable is not ranked *
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 54.045
* Ranked among companies with meaningful Days Payable only.

Supreme (India) Impex's Days Payable declined from Sep. 2016 (1.55) to Mar. 2018 (0.00). It may suggest that Supreme (India) Impex accelerated paying its suppliers.

Supreme (India) Impex Days Payable Historical Data

* Premium members only.

The historical data trend for Supreme (India) Impex'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.

Supreme (India) Impex Days Payable Chart

Supreme (India) Impex Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18
Days Payable
30.92 55.56 33.42 23.74 101.85

Supreme (India) Impex Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Mar18
Days Payable Get a 7-Day Free Trial 49.74 1.76 1.55 43.94 0.00

Supreme (India) Impex Days Payable Competitor Comparison

For the Textile Manufacturing subindustry, Supreme (India) Impex'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.

Supreme (India) Impex Days Payable vs Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Supreme (India) Impex's Days Payable falls into.


Supreme (India) Impex 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.

Supreme (India) Impex's Days Payable for the fiscal year that ended in Mar. 2018 is calculated as

Days Payable (A: Mar. 2018 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2017 ) + Accounts Payable (A: Mar. 2018 )) / count ) / Cost of Goods Sold (A: Mar. 2018 )*Days in Period
=( (380.359 + 1032.777) / 2 ) / 2532.106*365
=706.568 / 2532.106*365
=101.85

Supreme (India) Impex's Days Payable for the quarter that ended in Mar. 2018 is calculated as:

Days Payable (Q: Mar. 2018 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2017 ) + Accounts Payable (Q: Mar. 2018 )) / count ) / Cost of Goods Sold (Q: Mar. 2018 )*Days in Period
=( (380.359 + 1032.777) / 2 ) / 0*365 / 2
=706.568 / 0*365 / 2
=N/A

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 0.00 mean?
Supreme (India) Impex (NSE:SIIL) has a Days Payable of 0.00 as of Mar. 2018. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Supreme (India) Impex and its competitors.
Is Supreme (India) Impex's Days Payable too high?
Supreme (India) Impex's current Days Payable is 0.00.
How does Supreme (India) Impex's Days Payable compare to competitors?
Supreme (India) Impex's Days Payable of 0.00 can be compared against companies in the Manufacturing - Apparel & Accessories industry. The industry median Days Payable is 54.05. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Manufacturing - Apparel & Accessories company?
The median Days Payable among Manufacturing - Apparel & Accessories companies is 54.05, based on 1,016 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Supreme (India) Impex and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Payable is 54.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Supreme (India) Impex's current Days Payable is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Supreme (India) Impex stock overvalued right now?
Supreme (India) Impex (NSE:SIIL) has a current Days Payable of 0.00. The current Days Payable is 0.00. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Supreme (India) Impex (NSE:SIIL), the current Days Payable is 0.00 as of Mar. 2018. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Supreme (India) Impex Business Description

Address Plot No.823/2, Supreme House, Road No.8, GIDC, Sachin, Near Sagar Hotel, Opposite Jai Jinendra Prints Pvt. Ltd, Surat, GJ, IND, 394230
Supreme (India) Impex Ltd is an India-based firm which is engaged in manufacturing, trading, and distribution of fabrics, apparels, garments, dress materials and other related textile products. The company has also ventured into computerized embroidery business on sarees, cotton and other silk cloth. In addition, the company is also engaged in retailing of readymade garments and other textile products through its retail outlets. Its product portfolio comprises of a product like Textiles, Fabrics, Yarns, Garments, and other related clothes and possesses market recognition under the brand name MALKIE. It derives revenue from the Indian market, while it also has a presence in Africa, European countries and various other countries.