Kamdhenu Ventures (BOM:543747) Days Payable : 137.21 (As of Mar. 2024)

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What is Kamdhenu Ventures Days Payable?

Kamdhenu Ventures's average Accounts Payable for the three months ended in Mar. 2024 was ₹702 Mil. Kamdhenu Ventures's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹467 Mil. Hence, Kamdhenu Ventures's Days Payable for the three months ended in Mar. 2024 was 137.21.

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

BOM:543747' s Days Payable Range Over the Past 10 Years
Min: 68.59 Med: 110.95 Max: 153.3
Current: 144.56

During the past 5 years, Kamdhenu Ventures's highest Days Payable was 153.30. The lowest was 68.59. And the median was 110.95.

BOM:543747's Days Payable is ranked better than
91.13% of 586 companies
in the Steel industry
Industry Median: 41.325 vs BOM:543747: 144.56

Kamdhenu Ventures's Days Payable increased from Mar. 2023 (125.58) to Mar. 2024 (137.21). It may suggest that Kamdhenu Ventures delayed paying its suppliers.

Kamdhenu Ventures Days Payable Historical Data

The historical data trend for Kamdhenu Ventures'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 Ventures Days Payable Chart

Kamdhenu Ventures Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

68.59

153.30

Kamdhenu Ventures Quarterly Data
	Mar20	Mar21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial						125.58	190.64	134.90	113.28	137.21

Competitive Comparison of Kamdhenu Ventures's Days Payable

For the Steel subindustry, Kamdhenu Ventures'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 Ventures's Days Payable Distribution in the Steel Industry

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

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

Kamdhenu Ventures 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 Ventures'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
=	( (640.01	+	702.252)	/	2 )	/	1597.958	*	365
=	671.131					/	1597.958	*	365
=	153.30

Kamdhenu Ventures'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	+	702.252)	/	1 )	/	467.025	*	365 / 4
=	702.252					/	467.025	*	365 / 4
=	137.21

Kamdhenu Ventures Days Payable Related Terms

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Kamdhenu Ventures (BOM:543747) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Kamdhenu Ventures Ltd (BOM:543747) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

KAMOPAINTS:India

Address

DLF Cyber City, 2nd Floor, Tower-A, Building No. 9, Phase-III, Gurgaon, HR, IND, 122 002

Website

https://www.kamdhenulimited.com

Kamdhenu Ventures Ltd is engaged in the manufacturing, marketing, branding, and distribution of diverse products including Reinforcement steel Bars, Structural steels, Binding Wire, Colour Coated Sheets, Plywood, Paints, and many more. The Group is also engaged in trading TMT Bars, structural steel, and manufacturing of paints products.

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