Upsurge Seeds of Agriculture (NSE:USASEEDS) Days Payable : 31.03 (As of Mar. 2024)

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What is Upsurge Seeds of Agriculture Days Payable?

Upsurge Seeds of Agriculture's average Accounts Payable for the six months ended in Mar. 2024 was ₹85 Mil. Upsurge Seeds of Agriculture's Cost of Goods Sold for the six months ended in Mar. 2024 was ₹500 Mil. Hence, Upsurge Seeds of Agriculture's Days Payable for the six months ended in Mar. 2024 was 31.03.

The historical rank and industry rank for Upsurge Seeds of Agriculture's Days Payable or its related term are showing as below:

NSE:USASEEDS' s Days Payable Range Over the Past 10 Years
Min: 7.54 Med: 25.05 Max: 58.14
Current: 29.5

During the past 5 years, Upsurge Seeds of Agriculture's highest Days Payable was 58.14. The lowest was 7.54. And the median was 25.05.

NSE:USASEEDS's Days Payable is ranked worse than
81.28% of 235 companies
in the Agriculture industry
Industry Median: 75.32 vs NSE:USASEEDS: 29.50

Upsurge Seeds of Agriculture's Days Payable increased from Mar. 2023 (26.95) to Mar. 2024 (31.03). It may suggest that Upsurge Seeds of Agriculture delayed paying its suppliers.

Upsurge Seeds of Agriculture Days Payable Historical Data

The historical data trend for Upsurge Seeds of Agriculture'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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Upsurge Seeds of Agriculture Days Payable Chart

Upsurge Seeds of Agriculture Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

14.01

7.54

35.97

58.14

25.05

Upsurge Seeds of Agriculture Semi-Annual Data
	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Days Payable	Get a 7-Day Free Trial			58.12	45.84	26.95	32.25	31.03

Competitive Comparison of Upsurge Seeds of Agriculture's Days Payable

For the Agricultural Inputs subindustry, Upsurge Seeds of Agriculture'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.

Upsurge Seeds of Agriculture's Days Payable Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Upsurge Seeds of Agriculture's Days Payable distribution charts can be found below:

* The bar in red indicates where Upsurge Seeds of Agriculture's Days Payable falls into.

Upsurge Seeds of Agriculture 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.

Upsurge Seeds of Agriculture'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
=	( (114.9	+	46.369)	/	2 )	/	1175.037	*	365
=	80.6345					/	1175.037	*	365
=	25.05

Upsurge Seeds of Agriculture'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: Sep. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (123.68	+	46.369)	/	2 )	/	500.012	*	365 / 2
=	85.0245					/	500.012	*	365 / 2
=	31.03

Upsurge Seeds of Agriculture Days Payable Related Terms

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Upsurge Seeds of Agriculture (NSE:USASEEDS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Upsurge Seeds of Agriculture Ltd (NSE:USASEEDS) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Plot No. 17, Shreenathji Industrial Estate, National Highway 8-B, Kuvadva, Rajkot, GJ, IND, 360023

Website

https://www.usaseedslimited.com

Upsurge Seeds of Agriculture Ltd is a seeds manufacturing company engaged in the business of growing, developing, processing and marketing a variety of seeds for a range of field crops and vegetables. The company's product portfolio includes crop seeds for Groundnut, Wheat, Cumin, Green Gram, Black Gram and vegetable seeds for Onion, Coriander Seeds, Fenugreek and others.

Upsurge Seeds of Agriculture (NSE:USASEEDS) Headlines

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