Shree Bhavya Fabrics (BOM:521131) Days Payable : 187.79 (As of Dec. 2023)

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What is Shree Bhavya Fabrics Days Payable?

Shree Bhavya Fabrics's average Accounts Payable for the three months ended in Dec. 2023 was ₹232 Mil. Shree Bhavya Fabrics's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹113 Mil. Hence, Shree Bhavya Fabrics's Days Payable for the three months ended in Dec. 2023 was 187.79.

The historical rank and industry rank for Shree Bhavya Fabrics's Days Payable or its related term are showing as below:

BOM:521131' s Days Payable Range Over the Past 10 Years
Min: 21.54 Med: 51 Max: 82.1
Current: 57.34

During the past 13 years, Shree Bhavya Fabrics's highest Days Payable was 82.10. The lowest was 21.54. And the median was 51.00.

BOM:521131's Days Payable is ranked better than
50.34% of 1021 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 56.86 vs BOM:521131: 57.34

Shree Bhavya Fabrics's Days Payable increased from Dec. 2022 (164.76) to Dec. 2023 (187.79). It may suggest that Shree Bhavya Fabrics delayed paying its suppliers.

Shree Bhavya Fabrics Days Payable Historical Data

The historical data trend for Shree Bhavya Fabrics'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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Shree Bhavya Fabrics Days Payable Chart

Shree Bhavya Fabrics Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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57.08

67.79

82.10

55.87

45.03

Shree Bhavya Fabrics 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															164.76	20.81	131.87	102.41	187.79

Competitive Comparison of Shree Bhavya Fabrics's Days Payable

For the Textile Manufacturing subindustry, Shree Bhavya Fabrics'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.

Shree Bhavya Fabrics's Days Payable Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Shree Bhavya Fabrics's Days Payable falls into.

Shree Bhavya Fabrics 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.

Shree Bhavya Fabrics'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
=	( (176.494	+	252.835)	/	2 )	/	1739.958	*	365
=	214.6645					/	1739.958	*	365
=	45.03

Shree Bhavya Fabrics'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
=	( (231.805	+	0)	/	1 )	/	112.638	*	365 / 4
=	231.805					/	112.638	*	365 / 4
=	187.79

Shree Bhavya Fabrics Days Payable Related Terms

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Shree Bhavya Fabrics (BOM:521131) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Shree Bhavya Fabrics Ltd (BOM:521131) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

252 New Cloth Market, O/S Raipur Gate, Ahmedabad, GJ, IND, 380002

Website

https://www.shreebhavyafabrics.com

Shree Bhavya Fabrics Ltd ventures in the textile industry. The company is engaged in textile manufacturing and related activities. It offers fabric and grey fabrics, including fabricated and home textiles. It offers products, including home furnishings, bottom-weight fabric, and shirting fabric. Its home furnishings include bed sheets, quilt covers/duvet covers, flat sheets, fitted sheets, and cushion covers. The company's bottom-weight products include dobbies, double cloth, corduroys, cotton twills, and others. Its shirting fabric products include casuals, plaid, striped, military, and western.

Shree Bhavya Fabrics (BOM:521131) Headlines

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