Shri Keshav Cements & Infra (BOM:530977) Days Payable : 16.69 (As of Dec. 2023)

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What is Shri Keshav Cements & Infra Days Payable?

Shri Keshav Cements & Infra's average Accounts Payable for the three months ended in Dec. 2023 was ₹36 Mil. Shri Keshav Cements & Infra's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹197 Mil. Hence, Shri Keshav Cements & Infra's Days Payable for the three months ended in Dec. 2023 was 16.69.

The historical rank and industry rank for Shri Keshav Cements & Infra's Days Payable or its related term are showing as below:

BOM:530977' s Days Payable Range Over the Past 10 Years
Min: 8.82 Med: 23.7 Max: 74.55
Current: 18.16

During the past 13 years, Shri Keshav Cements & Infra's highest Days Payable was 74.55. The lowest was 8.82. And the median was 23.70.

BOM:530977's Days Payable is ranked worse than
96.22% of 370 companies
in the Building Materials industry
Industry Median: 66.355 vs BOM:530977: 18.16

Shri Keshav Cements & Infra's Days Payable increased from Dec. 2022 (11.42) to Dec. 2023 (16.69). It may suggest that Shri Keshav Cements & Infra delayed paying its suppliers.

Shri Keshav Cements & Infra Days Payable Historical Data

The historical data trend for Shri Keshav Cements & Infra'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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Shri Keshav Cements & Infra Days Payable Chart

Shri Keshav Cements & Infra Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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40.17

74.55

46.79

16.65

16.12

Shri Keshav Cements & Infra 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															11.42	21.56	23.72	22.00	16.69

Competitive Comparison of Shri Keshav Cements & Infra's Days Payable

For the Building Materials subindustry, Shri Keshav Cements & Infra'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.

Shri Keshav Cements & Infra's Days Payable Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Shri Keshav Cements & Infra's Days Payable distribution charts can be found below:

* The bar in red indicates where Shri Keshav Cements & Infra's Days Payable falls into.

Shri Keshav Cements & Infra 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.

Shri Keshav Cements & Infra'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
=	( (17.644	+	47.675)	/	2 )	/	739.4	*	365
=	32.6595					/	739.4	*	365
=	16.12

Shri Keshav Cements & Infra'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
=	( (36.085	+	0)	/	1 )	/	197.325	*	365 / 4
=	36.085					/	197.325	*	365 / 4
=	16.69

Shri Keshav Cements & Infra Days Payable Related Terms

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Shri Keshav Cements & Infra (BOM:530977) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Shri Keshav Cements & Infra Ltd (BOM:530977) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

215/2, Jyoti Tower, Karbhar Galli, Nazar Camp, 6th Cross, Madhavpur Vadgaon, Belgaum, KA, IND, 590005

Website

https://www.keshavcement.com

Shri Keshav Cements & Infra Ltd is an Indian cement and cement products manufacturing company. It is engaged in the manufacture and sale of cement in Karnataka, Goa, and Maharashtra. Its segments include manufacturing and trading in cement, trading in coal, dealers of petrol and diesel, and solar energy generation and sale. The company generates a majority of its revenue from manufacturing and trading in the cement segment.

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