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Valson Industries (BOM:530459) Days Payable : 26.10 (As of Dec. 2023)


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What is Valson Industries Days Payable?

Valson Industries's average Accounts Payable for the three months ended in Dec. 2023 was ₹59 Mil. Valson Industries's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹207 Mil. Hence, Valson Industries's Days Payable for the three months ended in Dec. 2023 was 26.10.

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

BOM:530459' s Days Payable Range Over the Past 10 Years
Min: 22.9   Med: 25.94   Max: 33
Current: 22.9

During the past 13 years, Valson Industries's highest Days Payable was 33.00. The lowest was 22.90. And the median was 25.94.

BOM:530459's Days Payable is ranked worse than
82.88% of 1022 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 57.25 vs BOM:530459: 22.90

Valson Industries's Days Payable declined from Dec. 2022 (30.26) to Dec. 2023 (26.10). It may suggest that Valson Industries accelerated paying its suppliers.


Valson Industries Days Payable Historical Data

The historical data trend for Valson 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.

* Premium members only.

Valson Industries Days Payable Chart

Valson Industries Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26.48 26.25 33.00 25.63 23.37

Valson 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 30.26 15.05 20.49 21.48 26.10

Competitive Comparison of Valson Industries's Days Payable

For the Textile Manufacturing subindustry, Valson 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.


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

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

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



Valson 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.

Valson 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
=( (80.392 + 54.934) / 2 ) / 1056.906*365
=67.663 / 1056.906*365
=23.37

Valson 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
=( (59.274 + 0) / 1 ) / 207.202*365 / 4
=59.274 / 207.202*365 / 4
=26.10

* 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.


Valson Industries Days Payable Related Terms

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Valson Industries (BOM:530459) Business Description

Traded in Other Exchanges
N/A
Address
Sir M. V. Road, Unit No.28, Ground Floor, Building No. 6, Mittal Industrial Estate, Andheri (East), Mumbai, MH, IND, 400059
Valson Industries Ltd is an Indian company engaged in the business of Polyester Dyed Yarn and processors of Cotton and other fancy yarn. The company is a manufacturer, exporter of Polyester Texturized, Twisted, Nylon, Spun, Fancy, Cellulosic Dyed yarns and processors (Dyer) of polyester, viscose,. The principal business activities of the company are Manufacture of synthetic or artificial filament yarn, tenacity yarn whether or not textured including high tenacity yarn. The single business segment is Yarn. The majority of the revenue is from domestic sales of texturized, twisted, Dyed & Fancy Yarn. Its products are used in a range of applications, including shirting, suiting's, label, upholstery, hosiery, furnishings, automotive, and ready-made garments industries.

Valson Industries (BOM:530459) Headlines

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