R&B Denims (BOM:538119) Days Payable : 17.51 (As of Mar. 2024)

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What is R&B Denims Days Payable?

R&B Denims's average Accounts Payable for the three months ended in Mar. 2024 was ₹180 Mil. R&B Denims's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹937 Mil. Hence, R&B Denims's Days Payable for the three months ended in Mar. 2024 was 17.51.

The historical rank and industry rank for R&B Denims's Days Payable or its related term are showing as below:

BOM:538119' s Days Payable Range Over the Past 10 Years
Min: 14.51 Med: 23.72 Max: 43.01
Current: 21.69

During the past 11 years, R&B Denims's highest Days Payable was 43.01. The lowest was 14.51. And the median was 23.72.

BOM:538119's Days Payable is ranked worse than
84.25% of 1022 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 57.25 vs BOM:538119: 21.69

R&B Denims's Days Payable increased from Mar. 2023 (17.19) to Mar. 2024 (17.51). It may suggest that R&B Denims delayed paying its suppliers.

R&B Denims Days Payable Historical Data

The historical data trend for R&B Denims'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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R&B Denims Days Payable Chart

R&B Denims Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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29.55

36.52

21.73

25.70

20.20

R&B Denims 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															17.19	27.76	31.88	20.04	17.51

Competitive Comparison of R&B Denims's Days Payable

For the Textile Manufacturing subindustry, R&B Denims'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.

R&B Denims's Days Payable Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where R&B Denims's Days Payable falls into.

R&B Denims 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.

R&B Denims'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
=	( (103.81	+	179.906)	/	2 )	/	2563.485	*	365
=	141.858					/	2563.485	*	365
=	20.20

R&B Denims'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	+	179.906)	/	1 )	/	937.298	*	365 / 4
=	179.906					/	937.298	*	365 / 4
=	17.51

R&B Denims Days Payable Related Terms

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R&B Denims (BOM:538119) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » R&B Denims Ltd (BOM:538119) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

Sachin Palsana Road, Block No. 467, Palsana, Surat, GJ, IND, 394315

Website

https://www.rnbdenims.com

R&B Denims Ltd is a textile manufacturing company. Principally, it is engaged in the business of manufacturing and selling denim textile products. The company's product consists of open-end or ring spun yarns, slub yarns, multi-count, cotton and polyester spandex products with indigo dyed, sulphur dyed, indigo bottom sulphur toppings, sulphur-bottom and indigo toppings with foam and wet finishes. In addition, it also provides fancy yarn play in weft patterns in various weave designs, such as plain, twill, and broken twill, oxford, satin, matty, dobby, and knitted dobby. The Company has three segments. Denims manufacturing, Solar, and Windmill. The company generates the majority of its revenue from the denim segment.

R&B Denims (BOM:538119) Headlines

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