Kamdhenu (BOM:532741) Days Payable : 17.68 (As of Mar. 2024)

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What is Kamdhenu Days Payable?

Kamdhenu's average Accounts Payable for the three months ended in Mar. 2024 was ₹240 Mil. Kamdhenu's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹1,239 Mil. Hence, Kamdhenu's Days Payable for the three months ended in Mar. 2024 was 17.68.

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

BOM:532741' s Days Payable Range Over the Past 10 Years
Min: 14.97 Med: 38.4 Max: 93.49
Current: 22.17

During the past 13 years, Kamdhenu's highest Days Payable was 93.49. The lowest was 14.97. And the median was 38.40.

BOM:532741's Days Payable is ranked worse than
75.94% of 586 companies
in the Steel industry
Industry Median: 41.325 vs BOM:532741: 22.17

Kamdhenu's Days Payable declined from Dec. 2022 (17.98) to Mar. 2024 (17.68). It may suggest that Kamdhenu accelerated paying its suppliers.

Kamdhenu Days Payable Historical Data

The historical data trend for Kamdhenu'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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Kamdhenu Days Payable Chart

Kamdhenu Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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59.39

93.49

77.52

36.38

14.97

Kamdhenu Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															17.98	14.32	14.47	20.25	17.68

Competitive Comparison of Kamdhenu's Days Payable

For the Steel subindustry, Kamdhenu'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.

Kamdhenu's Days Payable Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Kamdhenu's Days Payable distribution charts can be found below:

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

Kamdhenu 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.

Kamdhenu's Days Payable for the fiscal year that ended in Mar. 2024 is calculated as

	Days Payable (A: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2023 )	+	Accounts Payable (A: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2024 )	*	Days in Period
=	( (191.567	+	240.175)	/	2 )	/	5264.457	*	365
=	215.871					/	5264.457	*	365
=	14.97

Kamdhenu's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (0	+	240.175)	/	1 )	/	1239.329	*	365 / 4
=	240.175					/	1239.329	*	365 / 4
=	17.68

Kamdhenu Days Payable Related Terms

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Kamdhenu (BOM:532741) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Kamdhenu Ltd (BOM:532741) » Definitions » Days Payable

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KAMDHENU:India

Address

Tower - A, 2nd Floor, Building Number 9, DLF Cyber City, Phase - III, Gurugram, HR, IND, 122 002

Website

https://www.kamdhenulimited.com

Kamdhenu Ltd is engaged in manufacturing, distributing, marketing, and branding of steel. The company is engaged in the business of steel segment only. It generates maximum revenue from the Steel segment. The steel portfolio includes TMT bars which are used in general-purpose concrete reinforcement structures, bridges and flyovers, dams, thermal and hydel power plants, industrial structures, high-rise buildings, underground platforms in metro railway, and rapid transport systems. Geographically, it derives its revenue from India.

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