Saraswatiree Depot (NSE:SSDL) Days Payable : 69.45 (As of Mar. 2024)

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What is Saraswatiree Depot Days Payable?

Saraswatiree Depot's average Accounts Payable for the six months ended in Mar. 2024 was ₹1,016 Mil. Saraswatiree Depot's Cost of Goods Sold for the six months ended in Mar. 2024 was ₹5,341 Mil. Hence, Saraswatiree Depot's Days Payable for the six months ended in Mar. 2024 was 34.73.

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

NSE:SSDL' s Days Payable Range Over the Past 10 Years
Min: 64.77 Med: 67.6 Max: 69.45
Current: 69.45

During the past 4 years, Saraswatiree Depot's highest Days Payable was 69.45. The lowest was 64.77. And the median was 67.60.

NSE:SSDL's Days Payable is ranked better than
60.68% of 1081 companies
in the Retail - Cyclical industry
Industry Median: 52.75 vs NSE:SSDL: 69.45

Saraswatiree Depot's Days Payable increased from Mar. 2022 (64.77) to Mar. 2024 (69.45). It may suggest that Saraswatiree Depot delayed paying its suppliers.

Saraswatiree Depot Days Payable Historical Data

The historical data trend for Saraswatiree Depot'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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Saraswatiree Depot Days Payable Chart

Saraswatiree Depot Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Days Payable

64.77

67.60

69.45

Saraswatiree Depot Semi-Annual Data
	Mar21	Mar22	Mar23	Mar24
Days Payable	-	64.77	67.60	69.45

Competitive Comparison of Saraswatiree Depot's Days Payable

For the Apparel Retail subindustry, Saraswatiree Depot'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.

Saraswatiree Depot's Days Payable Distribution in the Retail - Cyclical Industry

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

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

Saraswatiree Depot 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.

Saraswatiree Depot'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
=	( (1084.54	+	947.97)	/	2 )	/	5340.94	*	365
=	1016.255					/	5340.94	*	365
=	69.45

Saraswatiree Depot'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: Mar. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (1084.54	+	947.97)	/	2 )	/	5340.94	*	365 / 2
=	1016.255					/	5340.94	*	365 / 2
=	34.73

Saraswatiree Depot Days Payable Related Terms

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Saraswatiree Depot Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Saraswati Saree Depot Ltd (NSE:SSDL) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

544230:India

Address

Gandhinagar Road, Sr No.144/1 Manademala, Near Tawade Hotel, Uchagaon, Kolhapur, MH, IND, 416005

Website

https://www.saraswatisareedepot.com

Saraswati Saree Depot Ltd is a key player in the sarees wholesale (B2B) segment. It is also engaged in the wholesale business of other women's apparel wear such as kurtis, dress materials, blouse pieces, lehengas, bottoms, etc.

Saraswatiree Depot Headlines

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