Alkosign (BOM:543453) Days Payable : 52.99 (As of Sep. 2023)

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What is Alkosign Days Payable?

Alkosign's average Accounts Payable for the six months ended in Sep. 2023 was ₹23.4 Mil. Alkosign's Cost of Goods Sold for the six months ended in Sep. 2023 was ₹80.7 Mil. Hence, Alkosign's Days Payable for the six months ended in Sep. 2023 was 52.99.

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

BOM:543453' s Days Payable Range Over the Past 10 Years
Min: 21.05 Med: 77.82 Max: 98.59
Current: 21.05

During the past 3 years, Alkosign's highest Days Payable was 98.59. The lowest was 21.05. And the median was 77.82.

BOM:543453's Days Payable is ranked worse than
94.48% of 2936 companies
in the Industrial Products industry
Industry Median: 76.705 vs BOM:543453: 21.05

Alkosign's Days Payable increased from Sep. 2022 (-24.77) to Sep. 2023 (52.99). It may suggest that Alkosign delayed paying its suppliers.

Alkosign Days Payable Historical Data

The historical data trend for Alkosign'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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Alkosign Days Payable Chart

Alkosign Annual Data

Trend

Mar21

Mar22

Mar23

Days Payable

98.59

77.82

23.26

Alkosign Semi-Annual Data
	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Payable	Get a 7-Day Free Trial			179.93	24.00	-24.77	-11.53	52.99

Competitive Comparison of Alkosign's Days Payable

For the Business Equipment & Supplies subindustry, Alkosign'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.

Alkosign's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Alkosign's Days Payable distribution charts can be found below:

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

Alkosign 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.

Alkosign'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
=	( (4.899	+	11.55)	/	2 )	/	129.047	*	365
=	8.2245					/	129.047	*	365
=	23.26

Alkosign's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

	Days Payable (Q: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (11.55	+	35.31)	/	2 )	/	80.687	*	365 / 2
=	23.43					/	80.687	*	365 / 2
=	52.99

Alkosign Days Payable Related Terms

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Alkosign (BOM:543453) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Alkosign Ltd (BOM:543453) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

S NO: 12A, MIDC, Near Mother Dairy, Saravli, Bhiwandi, Thane, Mumbai, MH, IND, 421 311

Website

https://www.alkosign.com

Alkosign Ltd is engaged in manufacturing of visual presentation systems namely writing boards/display boards/notice boards of different types along with its associated accessories and stands used for these boards, school benches, desks, and their accessories. The company generates all of its revenue from the sale of goods in the domestic market.

Alkosign (BOM:543453) Headlines

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