V-Mart Retail (NSE:VMART) Days Payable : 126.62 (As of Mar. 2024)

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What is V-Mart Retail Days Payable?

V-Mart Retail's average Accounts Payable for the three months ended in Mar. 2024 was ₹6,337 Mil. V-Mart Retail's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹4,567 Mil. Hence, V-Mart Retail's Days Payable for the three months ended in Mar. 2024 was 126.62.

The historical rank and industry rank for V-Mart Retail's Days Payable or its related term are showing as below:

NSE:VMART' s Days Payable Range Over the Past 10 Years
Min: 49.23 Med: 68.47 Max: 113.68
Current: 113.68

During the past 13 years, V-Mart Retail's highest Days Payable was 113.68. The lowest was 49.23. And the median was 68.47.

NSE:VMART's Days Payable is ranked better than
79.28% of 1081 companies
in the Retail - Cyclical industry
Industry Median: 56.64 vs NSE:VMART: 113.68

V-Mart Retail's Days Payable increased from Mar. 2023 (110.21) to Mar. 2024 (126.62). It may suggest that V-Mart Retail delayed paying its suppliers.

V-Mart Retail Days Payable Historical Data

The historical data trend for V-Mart Retail'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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V-Mart Retail Days Payable Chart

V-Mart Retail Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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55.35

97.00

79.74

89.00

112.19

V-Mart Retail 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															110.21	102.25	148.13	92.82	126.62

Competitive Comparison of V-Mart Retail's Days Payable

For the Department Stores subindustry, V-Mart Retail'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.

V-Mart Retail's Days Payable Distribution in the Retail - Cyclical Industry

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

* The bar in red indicates where V-Mart Retail's Days Payable falls into.

V-Mart Retail 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.

V-Mart Retail'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
=	( (4883.318	+	6336.6)	/	2 )	/	18250.9	*	365
=	5609.959					/	18250.9	*	365
=	112.19

V-Mart Retail'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	+	6336.6)	/	1 )	/	4566.6	*	365 / 4
=	6336.6					/	4566.6	*	365 / 4
=	126.62

V-Mart Retail Days Payable Related Terms

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V-Mart Retail (NSE:VMART) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » V-Mart Retail Ltd (NSE:VMART) » Definitions » Days Payable

Traded in Other Exchanges

534976:India

Address

Plot No. 862, Udyog Vihar, Phase V, Industrial Area, Gurugram, HR, IND, 122016

Website

https://www.vmartretail.com

V-Mart Retail Ltd is engaged in retailing of readymade garments, accessories and other products. It is involved in the business of Value Retailing through the chain of stores situated at various cities in India. It provides a range of apparels and accessories for men, women, boys, girls, and toddlers. The company's general merchandise includes Footwear, Home furnishing, Kitchenware, Toys and games, Bags and luggage and Crockery. The company has two segments such as Retail Trade which includes Domestic sale to customer at stores and Digital Marketplace includes Commission and other income by providing Limeroad platform to vendors. It generates majority of its revenue from Retail Trade segment.

V-Mart Retail (NSE:VMART) Headlines

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