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Saurashtra Cement (BOM:502175) Days Payable : 319.48 (As of Jun. 2024)


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What is Saurashtra Cement Days Payable?

Saurashtra Cement's average Accounts Payable for the three months ended in Jun. 2024 was ₹2,043 Mil. Saurashtra Cement's Cost of Goods Sold for the three months ended in Jun. 2024 was ₹584 Mil. Hence, Saurashtra Cement's Days Payable for the three months ended in Jun. 2024 was 319.48.

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

BOM:502175' s Days Payable Range Over the Past 10 Years
Min: 94.99   Med: 165.06   Max: 282.31
Current: 146.3

During the past 13 years, Saurashtra Cement's highest Days Payable was 282.31. The lowest was 94.99. And the median was 165.06.

BOM:502175's Days Payable is ranked better than
81.17% of 377 companies
in the Building Materials industry
Industry Median: 67.71 vs BOM:502175: 146.30

Saurashtra Cement's Days Payable increased from Jun. 2023 (103.27) to Jun. 2024 (319.48). It may suggest that Saurashtra Cement delayed paying its suppliers.


Saurashtra Cement Days Payable Historical Data

The historical data trend for Saurashtra Cement'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.

Saurashtra Cement Days Payable Chart

Saurashtra Cement Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 282.31 144.20 94.99 115.00 163.90

Saurashtra Cement Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 103.27 59.90 52.23 368.18 319.48

Competitive Comparison of Saurashtra Cement's Days Payable

For the Building Materials subindustry, Saurashtra Cement'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.


Saurashtra Cement's Days Payable Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Saurashtra Cement's Days Payable distribution charts can be found below:

* The bar in red indicates where Saurashtra Cement's Days Payable falls into.



Saurashtra Cement 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.

Saurashtra Cement'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
=( (1074.843 + 2043.215) / 2 ) / 3471.852*365
=1559.029 / 3471.852*365
=163.90

Saurashtra Cement's Days Payable for the quarter that ended in Jun. 2024 is calculated as:

Days Payable (Q: Jun. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2024 ) + Accounts Payable (Q: Jun. 2024 )) / count ) / Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=( (2043.215 + 0) / 1 ) / 583.592*365 / 4
=2043.215 / 583.592*365 / 4
=319.48

* 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.


Saurashtra Cement Days Payable Related Terms

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Saurashtra Cement Business Description

Traded in Other Exchanges
Address
Babubhai Chinai Marg, N. K. Mehta International House, Agrima Business Centre, 2nd Floor, 178, Backbay Reclamation, Mumbai, MH, IND, 400 020
Saurashtra Cement Ltd is a cement and clinker manufacturing company based in India. The company manufactures cement under the brand name HATHI. The firm generates maximum revenue from India. Majority of its revenue comes from the sales of the cement product. The Company operates in two reportable segment i.e. manufacture of Cement and Clinker and Paints. The company makes majority of its revenue from Cement and Clinker segment.

Saurashtra Cement Headlines

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