Jagatjit Industries (BOM:507155) Days Payable : 86.23 (As of Mar. 2024)

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What is Jagatjit Industries Days Payable?

Jagatjit Industries's average Accounts Payable for the three months ended in Mar. 2024 was ₹783 Mil. Jagatjit Industries's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹828 Mil. Hence, Jagatjit Industries's Days Payable for the three months ended in Mar. 2024 was 86.23.

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

BOM:507155' s Days Payable Range Over the Past 10 Years
Min: 64.91 Med: 98.6 Max: 198.41
Current: 68.92

During the past 13 years, Jagatjit Industries's highest Days Payable was 198.41. The lowest was 64.91. And the median was 98.60.

BOM:507155's Days Payable is ranked better than
59.32% of 472 companies
in the Conglomerates industry
Industry Median: 59.465 vs BOM:507155: 68.92

Jagatjit Industries's Days Payable increased from Mar. 2023 (57.70) to Mar. 2024 (86.23). It may suggest that Jagatjit Industries delayed paying its suppliers.

Jagatjit Industries Days Payable Historical Data

The historical data trend for Jagatjit Industries'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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Jagatjit Industries Days Payable Chart

Jagatjit Industries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

Get a 7-Day Free Trial

96.05

90.92

65.29

64.91

67.70

Jagatjit Industries 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															57.70	57.09	71.38	63.73	86.23

Competitive Comparison of Jagatjit Industries's Days Payable

For the Conglomerates subindustry, Jagatjit Industries'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.

Jagatjit Industries's Days Payable Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Jagatjit Industries's Days Payable distribution charts can be found below:

* The bar in red indicates where Jagatjit Industries's Days Payable falls into.

Jagatjit Industries 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.

Jagatjit Industries'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
=	( (495	+	782.8)	/	2 )	/	3444.4	*	365
=	638.9					/	3444.4	*	365
=	67.70

Jagatjit Industries'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	+	782.8)	/	1 )	/	828.4	*	365 / 4
=	782.8					/	828.4	*	365 / 4
=	86.23

Jagatjit Industries Days Payable Related Terms

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Jagatjit Industries (BOM:507155) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Jagatjit Industries Ltd (BOM:507155) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

4th Floor, Bhandari House, 91, Nehru Place, New Delhi, IND, 110019

Website

https://www.jagatjit.com

Jagatjit Industries Ltd is a multi-product company. Its segments include Beverages, Food, and Others. The Beverages segment includes manufacturing and supply of Bottled Indian Made Foreign Liquor, Country Liquor, Industrial Alcohol, and licensing the use of its IMFL brands. Its Food segment includes manufacturing and supplies of food products and providing services for the manufacture of food products. The Others segment includes the sale of Petroleum products. It generates the majority of its revenue from the Beverages Segment.

Jagatjit Industries (BOM:507155) Headlines

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