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Standard Industries (NSE:SIL) Days Payable : 151.94 (As of Dec. 2023)


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What is Standard Industries Days Payable?

Standard Industries's average Accounts Payable for the three months ended in Dec. 2023 was ₹53.6 Mil. Standard Industries's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹32.2 Mil. Hence, Standard Industries's Days Payable for the three months ended in Dec. 2023 was 151.94.

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

NSE:SIL' s Days Payable Range Over the Past 10 Years
Min: 13.1   Med: 99.27   Max: 287.42
Current: 141.56

During the past 13 years, Standard Industries's highest Days Payable was 287.42. The lowest was 13.10. And the median was 99.27.

NSE:SIL's Days Payable is ranked better than
85.85% of 1025 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 56.44 vs NSE:SIL: 141.56

Standard Industries's Days Payable increased from Sep. 2022 (125.66) to Dec. 2023 (151.94). It may suggest that Standard Industries delayed paying its suppliers.

Standard Industries Days Payable Historical Data

The historical data trend for Standard Industries'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.

Standard Industries Days Payable Chart

Standard Industries Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 98.65 99.88 287.42 13.10 147.26

Standard Industries Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 125.66 155.09 96.67 109.21 151.94

Competitive Comparison of Standard Industries's Days Payable

For the Textile Manufacturing subindustry, Standard Industries'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.

Standard Industries's Days Payable Distribution in the Manufacturing - Apparel & Accessories Industry

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

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


Standard Industries 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.

Standard Industries'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
=( (68.678 + 44.658) / 2 ) / 140.455*365
=56.668 / 140.455*365
=147.26

Standard Industries'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
=( (53.638 + 0) / 1 ) / 32.213*365 / 4
=53.638 / 32.213*365 / 4
=151.94

* 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.

Standard Industries Days Payable Related Terms

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

Standard Industries (NSE:SIL) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Standard Industries Ltd (NSE:SIL) » Definitions » Days Payable
Comparable Companies
BOM:514010 BOM:509692 BOM:514300 NSE:SWARAJ BOM:590056 NSE:MHHL BOM:512038 BOM:530331 BOM:533638 BOM:539979 HKSE:02313 SHSE:600346 SZSE:000301 IST:SASA TSE:3402 TPE:1402 SHSE:601233 BOM:532889 SHSE:600295 AIN
Traded in Other Exchanges
530017:India
Address
57A, Dr. G. Deshmukh Marg, Vijyalaxmi Mafatlal Centre, Mumbai, MH, IND, 400 026
Website
http://www.standardindustries.co
Standard Industries Ltd is an investment holding company. The company's operating segment includes Property and Trading. It generates maximum revenue from the Trading division segment. The company offers products such as Cotton towels, Bed sheets, Interlining Fabric, Cotton and blended dhoti, Cotton/PC blended and poly-viscose suiting, PC Poplins and shirtings, Rubia, Rubia in cotton as well as PC Blended and Punjabi suits.