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Yash Optics and Lens (NSE:YASHOPTICS) Days Payable : 99.98 (As of Sep. 2023)


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What is Yash Optics and Lens Days Payable?

Yash Optics and Lens's average Accounts Payable for the six months ended in Sep. 2023 was ₹33.0 Mil. Yash Optics and Lens's Cost of Goods Sold for the six months ended in Sep. 2023 was ₹60.2 Mil. Hence, Yash Optics and Lens's Days Payable for the six months ended in Sep. 2023 was 99.98.

The historical rank and industry rank for Yash Optics and Lens's Days Payable or its related term are showing as below:

NSE:YASHOPTICS' s Days Payable Range Over the Past 10 Years
Min: 57.45   Med: 133.99   Max: 199.96
Current: 199.96

During the past 3 years, Yash Optics and Lens's highest Days Payable was 199.96. The lowest was 57.45. And the median was 133.99.

NSE:YASHOPTICS's Days Payable is ranked better than
84.22% of 792 companies
in the Medical Devices & Instruments industry
Industry Median: 70.18 vs NSE:YASHOPTICS: 199.96

Yash Optics and Lens's Days Payable increased from Mar. 2022 (0.00) to Sep. 2023 (99.98). It may suggest that Yash Optics and Lens delayed paying its suppliers.


Yash Optics and Lens Days Payable Historical Data

The historical data trend for Yash Optics and Lens'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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Yash Optics and Lens Days Payable Chart

Yash Optics and Lens Annual Data
Trend Mar21 Mar22 Mar23
Days Payable
57.45 163.99 133.99

Yash Optics and Lens Semi-Annual Data
Mar21 Mar22 Mar23 Sep23
Days Payable - - - 99.98

Competitive Comparison of Yash Optics and Lens's Days Payable

For the Medical Instruments & Supplies subindustry, Yash Optics and Lens'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.


Yash Optics and Lens's Days Payable Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Yash Optics and Lens's Days Payable distribution charts can be found below:

* The bar in red indicates where Yash Optics and Lens's Days Payable falls into.



Yash Optics and Lens 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.

Yash Optics and Lens'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
=( (80.192 + 27.123) / 2 ) / 146.167*365
=53.6575 / 146.167*365
=133.99

Yash Optics and Lens's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

Days Payable (Q: Sep. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2023 ) + Accounts Payable (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (27.123 + 38.836) / 2 ) / 60.199*365 / 2
=32.9795 / 60.199*365 / 2
=99.98

* 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.


Yash Optics and Lens Days Payable Related Terms

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Yash Optics and Lens Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
1 st, Floor, Unit 70A, Kandiwali Industrial Estate, Charkop, Kandivali West, Mumbai, MH, IND, 400067
Yash Optics and Lens Ltd is is engaged in the business of manufacturing, trading, distribution and supplying of comprehensive range of spectacle/optical lenses. It offers products from single vision lenses to advanced progressive lenses, customized progressive lenses to personalized progressives for professionals along with wide range of coatings.

Yash Optics and Lens Headlines

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