Prudential Sugar (NSE:PRUDMOULI) Days Payable : 0.12 (As of Dec. 2023)

View and export this data going back to 2001. Start your Free Trial

What is Prudential Sugar Days Payable?

Prudential Sugar's average Accounts Payable for the three months ended in Dec. 2023 was ₹0.3 Mil. Prudential Sugar's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹239.4 Mil. Hence, Prudential Sugar's Days Payable for the three months ended in Dec. 2023 was 0.12.

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

NSE:PRUDMOULI' s Days Payable Range Over the Past 10 Years
Min: 0.16 Med: 177.68 Max: 260.16
Current: 2.09

During the past 13 years, Prudential Sugar's highest Days Payable was 260.16. The lowest was 0.16. And the median was 177.68.

NSE:PRUDMOULI's Days Payable is ranked worse than
99.5% of 1788 companies
in the Consumer Packaged Goods industry
Industry Median: 45.835 vs NSE:PRUDMOULI: 2.09

Prudential Sugar's Days Payable declined from Dec. 2022 (2.22) to Dec. 2023 (0.12). It may suggest that Prudential Sugar accelerated paying its suppliers.

Prudential Sugar Days Payable Historical Data

The historical data trend for Prudential Sugar'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.

Prudential Sugar Days Payable Chart

Prudential Sugar Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

Get a 7-Day Free Trial

0.16

Prudential Sugar Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															2.22	0.18	0.48	-	0.12

Competitive Comparison of Prudential Sugar's Days Payable

For the Confectioners subindustry, Prudential Sugar'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.

Prudential Sugar's Days Payable Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Prudential Sugar's Days Payable distribution charts can be found below:

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

Prudential Sugar 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.

Prudential Sugar'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
=	( (0	+	0.341)	/	1 )	/	790.72	*	365
=	0.341					/	790.72	*	365
=	0.16

Prudential Sugar's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (0.315	+	0)	/	1 )	/	239.405	*	365 / 4
=	0.315					/	239.405	*	365 / 4
=	0.12

Prudential Sugar Days Payable Related Terms

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

Prudential Sugar (NSE:PRUDMOULI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Prudential Sugar Corp Ltd (NSE:PRUDMOULI) » Definitions » Days Payable

Traded in Other Exchanges

500342:India

Address

Akash Ganga, 4th Floor, Plot No 144, Srinagar Colony, Hyderabad, TG, IND, 500 073

Website

http://www.prudentialsugar.com

Prudential Sugar Corp Ltd produces and exports white crystal sugar. The company also manufactures alcohol through molasses fermentation. Its products include rectified spirit, industrial alcohol, extra neutral alcohol, and anhydrous alcohol.

Prudential Sugar (NSE:PRUDMOULI) Headlines

No Headlines