Pearl Global Industries (BOM:532808) Days Payable : 108.79 (As of Mar. 2024)

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What is Pearl Global Industries Days Payable?

Pearl Global Industries's average Accounts Payable for the three months ended in Mar. 2024 was ₹4,864 Mil. Pearl Global Industries's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹4,080 Mil. Hence, Pearl Global Industries's Days Payable for the three months ended in Mar. 2024 was 108.79.

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

BOM:532808' s Days Payable Range Over the Past 10 Years
Min: 33.99 Med: 67.95 Max: 127.48
Current: 95.48

During the past 13 years, Pearl Global Industries's highest Days Payable was 127.48. The lowest was 33.99. And the median was 67.95.

BOM:532808's Days Payable is ranked better than
64.09% of 1022 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 57.25 vs BOM:532808: 95.48

Pearl Global Industries's Days Payable increased from Mar. 2023 (100.30) to Mar. 2024 (108.79). It may suggest that Pearl Global Industries delayed paying its suppliers.

Pearl Global Industries Days Payable Historical Data

The historical data trend for Pearl Global 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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Pearl Global Industries Days Payable Chart

Pearl Global Industries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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66.92

83.93

68.98

93.00

94.39

Pearl Global Industries Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															100.30	78.95	77.90	135.93	108.79

Competitive Comparison of Pearl Global Industries's Days Payable

For the Apparel Manufacturing subindustry, Pearl Global 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.

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

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

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

Pearl Global 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.

Pearl Global Industries'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
=	( (3916.869	+	4864.467)	/	2 )	/	16978.886	*	365
=	4390.668					/	16978.886	*	365
=	94.39

Pearl Global Industries'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	+	4864.467)	/	1 )	/	4080.255	*	365 / 4
=	4864.467					/	4080.255	*	365 / 4
=	108.79

Pearl Global Industries Days Payable Related Terms

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Pearl Global Industries (BOM:532808) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Pearl Global Industries Ltd (BOM:532808) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

PGIL:India

Address

Pearl Tower, Plot No. 51, Sector - 32, Gurgaon, HR, IND, 122001

Website

https://www.pearlglobal.com

Pearl Global Industries Ltd is engaged in the manufacturing, sourcing, distribution, and export of ready-to-wear apparel through its domestic and global facilities and operations. The geographical segments of the company include Hong Kong, Bangladesh, India, and Others. The company earns majority of its revenue outside India. The company's product range comprises of knits, woven and bottoms across men, women, and kids wear segments.

Pearl Global Industries (BOM:532808) Headlines

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