Multibase India (BOM:526169) Days Payable : 75.99 (As of Dec. 2023)

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What is Multibase India Days Payable?

Multibase India's average Accounts Payable for the three months ended in Dec. 2023 was ₹89.3 Mil. Multibase India's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹107.3 Mil. Hence, Multibase India's Days Payable for the three months ended in Dec. 2023 was 75.99.

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

BOM:526169' s Days Payable Range Over the Past 10 Years
Min: 40.84 Med: 67.99 Max: 101.27
Current: 61.7

During the past 13 years, Multibase India's highest Days Payable was 101.27. The lowest was 40.84. And the median was 67.99.

BOM:526169's Days Payable is ranked better than
51.5% of 1503 companies
in the Chemicals industry
Industry Median: 60.47 vs BOM:526169: 61.70

Multibase India's Days Payable increased from Dec. 2022 (54.64) to Dec. 2023 (75.99). It may suggest that Multibase India delayed paying its suppliers.

Multibase India Days Payable Historical Data

The historical data trend for Multibase India'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.

Multibase India Days Payable Chart

Multibase India Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

Get a 7-Day Free Trial

86.56

74.57

87.33

78.68

61.40

Multibase India 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															54.64	63.07	52.01	66.71	75.99

Competitive Comparison of Multibase India's Days Payable

For the Specialty Chemicals subindustry, Multibase India'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.

Multibase India's Days Payable Distribution in the Chemicals Industry

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

* The bar in red indicates where Multibase India's Days Payable falls into.

Multibase India 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.

Multibase India'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
=	( (96.598	+	76.629)	/	2 )	/	514.85	*	365
=	86.6135					/	514.85	*	365
=	61.40

Multibase India'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
=	( (89.345	+	0)	/	1 )	/	107.282	*	365 / 4
=	89.345					/	107.282	*	365 / 4
=	75.99

Multibase India Days Payable Related Terms

Thank you for viewing the detailed overview of Multibase India's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Multibase India (BOM:526169) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Multibase India Ltd (BOM:526169) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Bandra Kurla Complex Road, 81,82,83, 8th Floor, 2 North Avenue Maker Maxity, Bandra East, Mumbai, MH, IND, 400051

Website

https://www.multibaseindia.com

Multibase India Ltd is engaged in manufacturing trading and selling of Polypropylene Compound, Thermoplastic Elastomer, Silicon Master Batch and Thermoplastic Master Batch. Its products include TPSiV Multiflex, Thermoplastic Elastomer, Siloxane Masterbatch and Multipro. The company increased its presence in the Automotive and Silicon-based thermoplastics segment. It generates maximum revenue from India.

Multibase India (BOM:526169) Headlines

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