Agro Tech Foods (BOM:500215) Days Payable : 47.65 (As of Mar. 2024)

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What is Agro Tech Foods Days Payable?

Agro Tech Foods's average Accounts Payable for the three months ended in Mar. 2024 was ₹593 Mil. Agro Tech Foods's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹1,135 Mil. Hence, Agro Tech Foods's Days Payable for the three months ended in Mar. 2024 was 47.65.

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

BOM:500215' s Days Payable Range Over the Past 10 Years
Min: 29.3 Med: 36.69 Max: 45.33
Current: 45.33

During the past 13 years, Agro Tech Foods's highest Days Payable was 45.33. The lowest was 29.30. And the median was 36.69.

BOM:500215's Days Payable is ranked worse than
51.03% of 1789 companies
in the Consumer Packaged Goods industry
Industry Median: 46.12 vs BOM:500215: 45.33

Agro Tech Foods's Days Payable increased from Mar. 2023 (38.27) to Mar. 2024 (47.65). It may suggest that Agro Tech Foods delayed paying its suppliers.

Agro Tech Foods Days Payable Historical Data

The historical data trend for Agro Tech Foods'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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Agro Tech Foods Days Payable Chart

Agro Tech Foods Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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35.71

32.56

37.66

39.98

43.77

Agro Tech Foods 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															38.27	42.16	46.53	48.04	47.65

Competitive Comparison of Agro Tech Foods's Days Payable

For the Packaged Foods subindustry, Agro Tech Foods'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.

Agro Tech Foods's Days Payable Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Agro Tech Foods's Days Payable distribution charts can be found below:

* The bar in red indicates where Agro Tech Foods's Days Payable falls into.

Agro Tech Foods 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.

Agro Tech Foods'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
=	( (534.74	+	592.7)	/	2 )	/	4701.3	*	365
=	563.72					/	4701.3	*	365
=	43.77

Agro Tech Foods'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	+	592.7)	/	1 )	/	1135	*	365 / 4
=	592.7					/	1135	*	365 / 4
=	47.65

Agro Tech Foods Days Payable Related Terms

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Agro Tech Foods (BOM:500215) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Agro Tech Foods Ltd (BOM:500215) » Definitions » Days Payable

Traded in Other Exchanges

ATFL:India

Address

Phase - II, DLF Cyber City, Tower C, 15th Floor, Building No. 10, Gurugram, HR, IND, 122002

Website

https://www.atfoods.com

Agro Tech Foods Ltd is an India-based company that engages in the business of manufacturing and marketing food and food ingredients to consumers and institutional customers. The company offers refined oil and ready-to-cook food products. The products are offered under the brand name Sundrop Oils, ACT II Popcorn, Sundrop Peanut Butter, Crystal, and others. Geographically, the firm generates a majority of its revenue from India.

Agro Tech Foods (BOM:500215) Headlines

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