Kesoram Industries (BOM:502937) Days Payable : 356.18 (As of Mar. 2024)

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What is Kesoram Industries Days Payable?

Kesoram Industries's average Accounts Payable for the three months ended in Mar. 2024 was ₹6,229 Mil. Kesoram Industries's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹1,596 Mil. Hence, Kesoram Industries's Days Payable for the three months ended in Mar. 2024 was 356.18.

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

BOM:502937' s Days Payable Range Over the Past 10 Years
Min: 75.33 Med: 246.14 Max: 534.47
Current: 446.29

During the past 13 years, Kesoram Industries's highest Days Payable was 534.47. The lowest was 75.33. And the median was 246.14.

BOM:502937's Days Payable is ranked better than
95.69% of 371 companies
in the Building Materials industry
Industry Median: 66.28 vs BOM:502937: 446.29

Kesoram Industries's Days Payable declined from Mar. 2023 (469.65) to Mar. 2024 (356.18). It may suggest that Kesoram Industries accelerated paying its suppliers.

Kesoram Industries Days Payable Historical Data

The historical data trend for Kesoram 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.

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Kesoram Industries Days Payable Chart

Kesoram Industries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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243.00

534.47

492.33

502.53

451.12

Kesoram Industries Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															469.65	490.77	386.19	646.06	356.18

Competitive Comparison of Kesoram Industries's Days Payable

For the Building Materials subindustry, Kesoram 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.

Kesoram Industries's Days Payable Distribution in the Building Materials Industry

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

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

Kesoram 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.

Kesoram Industries'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
=	( (5955.4	+	6228.5)	/	2 )	/	4929	*	365
=	6091.95					/	4929	*	365
=	451.12

Kesoram Industries'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: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (0	+	6228.5)	/	1 )	/	1595.7	*	365 / 4
=	6228.5					/	1595.7	*	365 / 4
=	356.18

Kesoram Industries Days Payable Related Terms

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Kesoram Industries (BOM:502937) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Kesoram Industries Ltd (BOM:502937) » Definitions » Days Payable

Traded in Other Exchanges

KESORAMIND:India

Address

9/1, R.N. Mukherjee Road, 8th Floor, Birla Building, Kolkata, WB, IND, 700001

Website

https://www.kesocorp.com

Kesoram Industries Ltd is an investment holding company. Its operating segment includes Cement and Rayon, TP, and chemicals. It generates maximum revenue from the Cement segment. The company markets cement under the Birla Shakti brand. Geographically, it derives a majority of its revenue from India.

Kesoram Industries (BOM:502937) Headlines

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