Maral Overseas (BOM:521018) Days Payable : 20.78 (As of Mar. 2024)

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What is Maral Overseas Days Payable?

Maral Overseas's average Accounts Payable for the three months ended in Mar. 2024 was ₹362 Mil. Maral Overseas's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹1,591 Mil. Hence, Maral Overseas's Days Payable for the three months ended in Mar. 2024 was 20.78.

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

BOM:521018' s Days Payable Range Over the Past 10 Years
Min: 19.72 Med: 35.99 Max: 53.65
Current: 24.12

During the past 13 years, Maral Overseas's highest Days Payable was 53.65. The lowest was 19.72. And the median was 35.99.

BOM:521018's Days Payable is ranked worse than
81.29% of 1021 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 56.86 vs BOM:521018: 24.12

Maral Overseas's Days Payable declined from Mar. 2023 (26.31) to Mar. 2024 (20.78). It may suggest that Maral Overseas accelerated paying its suppliers.

Maral Overseas Days Payable Historical Data

The historical data trend for Maral Overseas'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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Maral Overseas Days Payable Chart

Maral Overseas Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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45.43

53.65

44.83

43.57

26.71

Maral Overseas 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															26.31	31.39	18.20	20.94	20.78

Competitive Comparison of Maral Overseas's Days Payable

For the Textile Manufacturing subindustry, Maral Overseas'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.

Maral Overseas's Days Payable Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Maral Overseas's Days Payable falls into.

Maral Overseas 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.

Maral Overseas'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
=	( (527.98	+	362.2)	/	2 )	/	6082.5	*	365
=	445.09					/	6082.5	*	365
=	26.71

Maral Overseas'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	+	362.2)	/	1 )	/	1590.8	*	365 / 4
=	362.2					/	1590.8	*	365 / 4
=	20.78

Maral Overseas Days Payable Related Terms

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

Maral Overseas (BOM:521018) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Maral Overseas Ltd (BOM:521018) » Definitions » Days Payable

Traded in Other Exchanges

MARALOVER:India

Address

Bhilwara Towers, A-12, Sector-1, NCR-Delhi, Noida, UP, IND, 201301

Website

https://www.maraloverseas.com

Maral Overseas Ltd is a textile manufacturing company. The business of the company is organized into the following product segments: Yarn, Fabric, and Textile Made-ups. It manufactures garments for various categories like Activewear, Casual wear, and Sleepwear for Mens and Ladies in Conventional and Organic, Fair Trade garments and soft toys for infants, and kids.

Maral Overseas (BOM:521018) Headlines

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