Raaj Medisafe India (BOM:524502) Days Payable : 19.33 (As of Dec. 2023)

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What is Raaj Medisafe India Days Payable?

Raaj Medisafe India's average Accounts Payable for the three months ended in Dec. 2023 was ₹14.5 Mil. Raaj Medisafe India's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹68.6 Mil. Hence, Raaj Medisafe India's Days Payable for the three months ended in Dec. 2023 was 19.33.

The historical rank and industry rank for Raaj Medisafe India's Days Payable or its related term are showing as below:

BOM:524502' s Days Payable Range Over the Past 10 Years
Min: 8.39 Med: 141.61 Max: 269.4
Current: 10.25

During the past 12 years, Raaj Medisafe India's highest Days Payable was 269.40. The lowest was 8.39. And the median was 141.61.

BOM:524502's Days Payable is ranked worse than
97.84% of 370 companies
in the Packaging & Containers industry
Industry Median: 58.225 vs BOM:524502: 10.25

Raaj Medisafe India's Days Payable increased from Dec. 2022 (3.54) to Dec. 2023 (19.33). It may suggest that Raaj Medisafe India delayed paying its suppliers.

Raaj Medisafe India Days Payable Historical Data

The historical data trend for Raaj Medisafe India'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.

* Premium members only.

Raaj Medisafe India Days Payable Chart

Raaj Medisafe India Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

Get a 7-Day Free Trial

141.61

35.70

25.43

11.77

8.39

Raaj Medisafe India 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															3.54	9.54	10.89	16.84	19.33

Competitive Comparison of Raaj Medisafe India's Days Payable

For the Packaging & Containers subindustry, Raaj Medisafe India'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.

Raaj Medisafe India's Days Payable Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Raaj Medisafe India's Days Payable distribution charts can be found below:

* The bar in red indicates where Raaj Medisafe India's Days Payable falls into.

Raaj Medisafe India 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.

Raaj Medisafe India'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
=	( (4.303	+	9.022)	/	2 )	/	289.786	*	365
=	6.6625					/	289.786	*	365
=	8.39

Raaj Medisafe India'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
=	( (14.523	+	0)	/	1 )	/	68.575	*	365 / 4
=	14.523					/	68.575	*	365 / 4
=	19.33

Raaj Medisafe India Days Payable Related Terms

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Raaj Medisafe India (BOM:524502) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Raaj Medisafe India Ltd (BOM:524502) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

75/2 and 3, Industrial Area, Maksi Road, Ujjain, MP, IND, 454774

Website

http://www.raajmedisafeindia.com

Raaj Medisafe India Ltd is an India-based company engaged in manufacturing and selling plastic bottles, caps, Plastic liners, and related products. The firm operates in a single segment which includes the plastic segment. The Company earns revenue mainly from the sale of packaging items.

Raaj Medisafe India (BOM:524502) Headlines

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