Kansai Nerolac Paints (BOM:500165) Days Payable : 82.48 (As of Dec. 2023)

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What is Kansai Nerolac Paints Days Payable?

Kansai Nerolac Paints's average Accounts Payable for the three months ended in Dec. 2023 was ₹11,087 Mil. Kansai Nerolac Paints's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹12,266 Mil. Hence, Kansai Nerolac Paints's Days Payable for the three months ended in Dec. 2023 was 82.48.

The historical rank and industry rank for Kansai Nerolac Paints's Days Payable or its related term are showing as below:

BOM:500165' s Days Payable Range Over the Past 10 Years
Min: 66.88 Med: 74.2 Max: 86.48
Current: 77.84

During the past 13 years, Kansai Nerolac Paints's highest Days Payable was 86.48. The lowest was 66.88. And the median was 74.20.

BOM:500165's Days Payable is ranked better than
64.98% of 1505 companies
in the Chemicals industry
Industry Median: 61.03 vs BOM:500165: 77.84

Kansai Nerolac Paints's Days Payable increased from Dec. 2022 (81.54) to Dec. 2023 (82.48). It may suggest that Kansai Nerolac Paints delayed paying its suppliers.

Kansai Nerolac Paints Days Payable Historical Data

The historical data trend for Kansai Nerolac Paints'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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Kansai Nerolac Paints Days Payable Chart

Kansai Nerolac Paints Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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72.80

71.54

86.48

77.29

68.77

Kansai Nerolac Paints 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															81.54	76.36	66.38	80.29	82.48

Competitive Comparison of Kansai Nerolac Paints's Days Payable

For the Specialty Chemicals subindustry, Kansai Nerolac Paints'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.

Kansai Nerolac Paints's Days Payable Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Kansai Nerolac Paints's Days Payable distribution charts can be found below:

* The bar in red indicates where Kansai Nerolac Paints's Days Payable falls into.

Kansai Nerolac Paints 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.

Kansai Nerolac Paints'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
=	( (9806.4	+	10155.5)	/	2 )	/	52973.5	*	365
=	9980.95					/	52973.5	*	365
=	68.77

Kansai Nerolac Paints'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
=	( (11087.1	+	0)	/	1 )	/	12265.6	*	365 / 4
=	11087.1					/	12265.6	*	365 / 4
=	82.48

Kansai Nerolac Paints Days Payable Related Terms

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Kansai Nerolac Paints (BOM:500165) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Kansai Nerolac Paints Ltd (BOM:500165) » Definitions » Days Payable

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KANSAINER:India

Address

N. M. Joshi Marg, 28th Floor, A-Wing, Marathon Futurex, Mafatlal Mills Compound, Lower Parel, Mumbai, MH, IND, 400013

Website

https://www.nerolac.com

Kansai Nerolac Paints Ltd (or KNPL) is a paint company headquartered in India. KNPL operates through its paint business to provide a wide range of products and solutions in industrial and decorative coatings. KNPL's decorative coating solutions are used by customers in segments such as adhesives, wood, and construction chemicals. KNPL's industrial coatings include automotive, general industrial, powder, and high performance. The company's industrial coating products and services are applied to vehicles, electrical and agricultural equipment, refrigerators, and railways, among others. KNPL has operations in India, Nepal, Sri Lanka, and Bangladesh, with most of its sales from its activities in India.

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