United Leasing & Industries (BOM:507808) Days Payable : 7.40 (As of Dec. 2023)

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What is United Leasing & Industries Days Payable?

United Leasing & Industries's average Accounts Payable for the three months ended in Dec. 2023 was ₹1.31 Mil. United Leasing & Industries's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹16.20 Mil. Hence, United Leasing & Industries's Days Payable for the three months ended in Dec. 2023 was 7.40.

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

BOM:507808' s Days Payable Range Over the Past 10 Years
Min: 3.29 Med: 49.22 Max: 2794.22
Current: 51.9

During the past 13 years, United Leasing & Industries's highest Days Payable was 2794.22. The lowest was 3.29. And the median was 49.22.

BOM:507808's Days Payable is ranked worse than
53.76% of 1023 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 56.86 vs BOM:507808: 51.90

United Leasing & Industries's Days Payable declined from Dec. 2022 (40.65) to Dec. 2023 (7.40). It may suggest that United Leasing & Industries accelerated paying its suppliers.

United Leasing & Industries Days Payable Historical Data

The historical data trend for United Leasing & 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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United Leasing & Industries Days Payable Chart

United Leasing & Industries Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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53.25

2,794.22

45.18

10.17

3.29

United Leasing & Industries Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															40.65	3.02	9.20	13.48	7.40

Competitive Comparison of United Leasing & Industries's Days Payable

For the Textile Manufacturing subindustry, United Leasing & 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.

United Leasing & Industries's Days Payable Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where United Leasing & Industries's Days Payable falls into.

United Leasing & 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.

United Leasing & Industries's Days Payable for the fiscal year that ended in Mar. 2023 is calculated as

	Days Payable (A: Mar. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2022 )	+	Accounts Payable (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (1	+	0.325)	/	2 )	/	73.55	*	365
=	0.6625					/	73.55	*	365
=	3.29

United Leasing & Industries's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (1.314	+	0)	/	1 )	/	16.198	*	365 / 4
=	1.314					/	16.198	*	365 / 4
=	7.40

United Leasing & Industries Days Payable Related Terms

Thank you for viewing the detailed overview of United Leasing & Industries's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

United Leasing & Industries (BOM:507808) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » United Leasing & Industries Ltd (BOM:507808) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

D-41, South Extension, Part-II, New Delhi, IND, 110049

Website

https://www.ulilltd.com

United Leasing & Industries Ltd is an India-based company. It operates as a manufacturer of embroidered fabrics in India. It also holds real estate land parcel.

United Leasing & Industries (BOM:507808) Headlines

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