Scarnose International (BOM:543537) Days Payable : 84.23 (As of Sep. 2023)

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What is Scarnose International Days Payable?

Scarnose International's average Accounts Payable for the six months ended in Sep. 2023 was ₹62.4 Mil. Scarnose International's Cost of Goods Sold for the six months ended in Sep. 2023 was ₹135.2 Mil. Hence, Scarnose International's Days Payable for the six months ended in Sep. 2023 was 84.23.

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

BOM:543537' s Days Payable Range Over the Past 10 Years
Min: 14.42 Med: 81.16 Max: 365
Current: 55.62

During the past 3 years, Scarnose International's highest Days Payable was 365.00. The lowest was 14.42. And the median was 81.16.

BOM:543537's Days Payable is ranked worse than
51.37% of 1022 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 57.25 vs BOM:543537: 55.62

Scarnose International's Days Payable increased from Sep. 2022 (43.20) to Sep. 2023 (84.23). It may suggest that Scarnose International delayed paying its suppliers.

Scarnose International Days Payable Historical Data

The historical data trend for Scarnose International'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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Scarnose International Days Payable Chart

Scarnose International Annual Data

Trend

Mar20

Mar21

Mar22

Days Payable

365.00

81.16

14.42

Scarnose International Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23
Days Payable	Get a 7-Day Free Trial			-	-	43.20	27.93	84.23

Competitive Comparison of Scarnose International's Days Payable

For the Textile Manufacturing subindustry, Scarnose International'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.

Scarnose International's Days Payable Distribution in the Manufacturing - Apparel & Accessories Industry

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

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

Scarnose International 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.

Scarnose International's Days Payable for the fiscal year that ended in Mar. 2022 is calculated as

	Days Payable (A: Mar. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2021 )	+	Accounts Payable (A: Mar. 2022 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2022 )	*	Days in Period
=	( (18.579	+	55.356)	/	2 )	/	935.849	*	365
=	36.9675					/	935.849	*	365
=	14.42

Scarnose International'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
=	( (30.468	+	94.339)	/	2 )	/	135.204	*	365 / 2
=	62.4035					/	135.204	*	365 / 2
=	84.23

Scarnose International Days Payable Related Terms

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Scarnose International (BOM:543537) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Scarnose International Ltd (BOM:543537) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

Off C. G. Road, 503, Sun Square, Nr Hotel Nest, Navrangpura, Ahmedabad, GJ, IND, 380006

Website

https://www.scarnose.com

Scarnose International Ltd manufactures and trades agricultural commodities such as cotton trading, garment manufacturing, yarn trading, and fabric trading. The companies product portfolio includes raw cotton, cotton bales, yarn and garments for ladies.

Scarnose International (BOM:543537) Headlines

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