Sapphire Fibres (KAR:SFL) Days Payable : 56.32 (As of Mar. 2024)

View and export this data going back to 1990. Start your Free Trial

What is Sapphire Fibres Days Payable?

Sapphire Fibres's average Accounts Payable for the three months ended in Mar. 2024 was ₨6,945 Mil. Sapphire Fibres's Cost of Goods Sold for the three months ended in Mar. 2024 was ₨11,252 Mil. Hence, Sapphire Fibres's Days Payable for the three months ended in Mar. 2024 was 56.32.

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

KAR:SFL' s Days Payable Range Over the Past 10 Years
Min: 23.61 Med: 31.01 Max: 52.29
Current: 42.79

During the past 12 years, Sapphire Fibres's highest Days Payable was 52.29. The lowest was 23.61. And the median was 31.01.

KAR:SFL's Days Payable is ranked worse than
63.01% of 1022 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 56.48 vs KAR:SFL: 42.79

Sapphire Fibres's Days Payable declined from Mar. 2023 (57.61) to Mar. 2024 (56.32). It may suggest that Sapphire Fibres accelerated paying its suppliers.

Sapphire Fibres Days Payable Historical Data

The historical data trend for Sapphire Fibres'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.

* Premium members only.

Sapphire Fibres Days Payable Chart

Sapphire Fibres Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Payable

Get a 7-Day Free Trial

23.61

29.24

28.56

27.74

35.26

Sapphire Fibres 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															57.61	34.60	30.46	58.01	56.32

Competitive Comparison of Sapphire Fibres's Days Payable

For the Textile Manufacturing subindustry, Sapphire Fibres'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.

Sapphire Fibres's Days Payable Distribution in the Manufacturing - Apparel & Accessories Industry

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

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

Sapphire Fibres 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.

Sapphire Fibres's Days Payable for the fiscal year that ended in Jun. 2023 is calculated as

	Days Payable (A: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jun. 2022 )	+	Accounts Payable (A: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2023 )	*	Days in Period
=	( (4969.642	+	5264.519)	/	2 )	/	52977.346	*	365
=	5117.0805					/	52977.346	*	365
=	35.26

Sapphire Fibres'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
=	( (6923.001	+	6966.737)	/	2 )	/	11252.209	*	365 / 4
=	6944.869					/	11252.209	*	365 / 4
=	56.32

Sapphire Fibres Days Payable Related Terms

Thank you for viewing the detailed overview of Sapphire Fibres's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Sapphire Fibres (KAR:SFL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Sapphire Fibres Ltd (KAR:SFL) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

73-E Main Jail Road, 1st Floor, Tricon Corporate Centre, Gulberg II, Lahore, PB, PAK

Website

https://www.sapphiretextiles.com.pk

Sapphire Fibres Ltd is engaged in the manufacturing and sale of yarn, fabrics, and garments. The company's operating segment includes Spinning; Knitting, processing and garments; Denim and Power.