Linc (BOM:531241) Days Payable : 65.04 (As of Mar. 2024)

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What is Linc Days Payable?

Linc's average Accounts Payable for the three months ended in Mar. 2024 was ₹581 Mil. Linc's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹815 Mil. Hence, Linc's Days Payable for the three months ended in Mar. 2024 was 65.04.

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

BOM:531241' s Days Payable Range Over the Past 10 Years
Min: 37.82 Med: 45.63 Max: 84.78
Current: 55.02

During the past 13 years, Linc's highest Days Payable was 84.78. The lowest was 37.82. And the median was 45.63.

BOM:531241's Days Payable is ranked worse than
65.26% of 2936 companies
in the Industrial Products industry
Industry Median: 76.705 vs BOM:531241: 55.02

Linc's Days Payable increased from Mar. 2023 (44.53) to Mar. 2024 (65.04). It may suggest that Linc delayed paying its suppliers.

Linc Days Payable Historical Data

The historical data trend for Linc'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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Linc Days Payable Chart

Linc Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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49.68

84.78

60.43

49.25

58.52

Linc 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															44.53	54.83	44.34	48.89	65.04

Competitive Comparison of Linc's Days Payable

For the Business Equipment & Supplies subindustry, Linc'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.

Linc's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Linc's Days Payable distribution charts can be found below:

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

Linc 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.

Linc'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
=	( (393.574	+	581.08)	/	2 )	/	3039.643	*	365
=	487.327					/	3039.643	*	365
=	58.52

Linc'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	+	581.08)	/	1 )	/	815.291	*	365 / 4
=	581.08					/	815.291	*	365 / 4
=	65.04

Linc Days Payable Related Terms

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Linc (BOM:531241) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Linc Ltd (BOM:531241) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

LINC:India

Address

Sector V, Bidhannagar, Aurora Waterfront, 18th Floor, GN 34/1 Block, Kolkata, WB, IND, 700091

Website

https://www.lincpen.com

Linc Ltd formerly Linc Pen & Plastics Ltd is engaged in the manufacture and marketing of writing instruments and stationeries. The company offers products in domestic markets, which include Gel Pen, Ball Pen, Stationery, Notebook, and Files & Folders. Under Files & Folders, it offers Zipper Bag, Polyvinyl chloride (PVC) Mesh Zipper Bag Check, PVC Mesh Zipper Bag A4, Multi-Function Expanding File, and Elastic Expanding File. In international markets, the company offers Retractable Ball Pen, Stick Pen, Stationery, and Packaging. The company also offers personalized office business stationery. The group has only one primary business segment which is Writing Instrument and Stationary. It primarily operates in India.

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