Sunil Industries (BOM:521232) Days Payable : 56.18 (As of Dec. 2023)

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What is Sunil Industries Days Payable?

Sunil Industries's average Accounts Payable for the three months ended in Dec. 2023 was ₹233 Mil. Sunil Industries's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹378 Mil. Hence, Sunil Industries's Days Payable for the three months ended in Dec. 2023 was 56.18.

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

BOM:521232' s Days Payable Range Over the Past 10 Years
Min: 10.31 Med: 28.19 Max: 84.92
Current: 84.92

During the past 13 years, Sunil Industries's highest Days Payable was 84.92. The lowest was 10.31. And the median was 28.19.

BOM:521232's Days Payable is ranked better than
70.23% of 1021 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 56.86 vs BOM:521232: 84.92

Sunil Industries's Days Payable declined from Dec. 2022 (446.71) to Dec. 2023 (56.18). It may suggest that Sunil Industries accelerated paying its suppliers.

Sunil Industries Days Payable Historical Data

The historical data trend for Sunil 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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Sunil Industries Days Payable Chart

Sunil Industries Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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25.78

40.63

54.54

42.49

26.95

Sunil 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															446.71	112.23	20.03	74.90	56.18

Competitive Comparison of Sunil Industries's Days Payable

For the Textile Manufacturing subindustry, Sunil 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.

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

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

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

Sunil 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.

Sunil 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
=	( (125.116	+	117.6)	/	2 )	/	1643.8	*	365
=	121.358					/	1643.8	*	365
=	26.95

Sunil 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
=	( (233.04	+	0)	/	1 )	/	378.486	*	365 / 4
=	233.04					/	378.486	*	365 / 4
=	56.18

Sunil Industries Days Payable Related Terms

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Sunil Industries (BOM:521232) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Sunil Industries Ltd (BOM:521232) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

315, Rewa Chambers, New Marine Lines, Mumbai, MH, IND, 400020

Website

https://www.sunilgroup.com

Sunil Industries Ltd is in the business of textiles. The company owns a manufacturing unit where it spins, weaves, knits, processes, stitches, and supplies finished textile products. The firm has manufacturing plants at Ichalkaranji, Dindigul & Dombivli that have Singeing, Shearing and Cropping, Open Width Bleaching, Continuous Dyeing Range, Double Width Mercerizing, and Sanforising technologies. Company products consist of bleached, dyed, printed cotton fabrics, flannelette cloth, flannelette rolls, woolen blended fabric, synthetic web equipment, etc. It is also engaged in S.D. Parachute Fabric, Nylon fabric for Parachute, and camouflage pattern printed on all types of fabric.

Sunil Industries (BOM:521232) Headlines

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