United Polyfab Gujarat (NSE:UNITEDPOLY) Days Payable : 10.35 (As of Mar. 2024)

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What is United Polyfab Gujarat Days Payable?

United Polyfab Gujarat's average Accounts Payable for the three months ended in Mar. 2024 was ₹222 Mil. United Polyfab Gujarat's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹1,955 Mil. Hence, United Polyfab Gujarat's Days Payable for the three months ended in Mar. 2024 was 10.35.

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

NSE:UNITEDPOLY' s Days Payable Range Over the Past 10 Years
Min: 6.98 Med: 21.59 Max: 62.33
Current: 8.96

During the past 13 years, United Polyfab Gujarat's highest Days Payable was 62.33. The lowest was 6.98. And the median was 21.59.

NSE:UNITEDPOLY's Days Payable is ranked worse than
95.49% of 1019 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 56.07 vs NSE:UNITEDPOLY: 8.96

United Polyfab Gujarat's Days Payable increased from Mar. 2023 (4.88) to Mar. 2024 (10.35). It may suggest that United Polyfab Gujarat delayed paying its suppliers.

United Polyfab Gujarat Days Payable Historical Data

The historical data trend for United Polyfab Gujarat'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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United Polyfab Gujarat Days Payable Chart

United Polyfab Gujarat Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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25.25

33.62

10.95

9.96

6.98

United Polyfab Gujarat Quarterly Data
	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															4.88	4.57	12.16	12.10	10.35

Competitive Comparison of United Polyfab Gujarat's Days Payable

For the Textile Manufacturing subindustry, United Polyfab Gujarat'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.

United Polyfab Gujarat's Days Payable Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where United Polyfab Gujarat's Days Payable falls into.

United Polyfab Gujarat 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.

United Polyfab Gujarat'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
=	( (97.111	+	221.737)	/	2 )	/	8342.178	*	365
=	159.424					/	8342.178	*	365
=	6.98

United Polyfab Gujarat'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	+	221.737)	/	1 )	/	1955.152	*	365 / 4
=	221.737					/	1955.152	*	365 / 4
=	10.35

United Polyfab Gujarat Days Payable Related Terms

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United Polyfab Gujarat (NSE:UNITEDPOLY) Business Description

Industry

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

Traded in Other Exchanges

N/A

Address

Narol-Sarkhej Highway, Survey No. 238, 239, Shahwadi, Opposite New Aarvee Denim, Ahmedabad, GJ, IND, 382405

Website

https://www.upgl.in

United Polyfab Gujarat Ltd is an India-based company engaged in the business of trading and manufacturing of woven fabrics and yarn. The company also does the job work of manufacturing and weaving of grey denim, grey fabric, and grey cotton fabric. Its product portfolio comprises of products like Cotton yarn, Dyed fabric, Grey fabric, and Denim fabric. Majority of the revenue comes from the Indian market.

United Polyfab Gujarat (NSE:UNITEDPOLY) Headlines

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