Gulf Oil Lubricants India (BOM:538567) Days Payable : 92.20 (As of Dec. 2023)

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What is Gulf Oil Lubricants India Days Payable?

Gulf Oil Lubricants India's average Accounts Payable for the three months ended in Dec. 2023 was ₹4,749 Mil. Gulf Oil Lubricants India's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹4,700 Mil. Hence, Gulf Oil Lubricants India's Days Payable for the three months ended in Dec. 2023 was 92.20.

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

BOM:538567' s Days Payable Range Over the Past 10 Years
Min: 33.97 Med: 77.72 Max: 109.26
Current: 77.72

During the past 10 years, Gulf Oil Lubricants India's highest Days Payable was 109.26. The lowest was 33.97. And the median was 77.72.

BOM:538567's Days Payable is ranked better than
64.65% of 1502 companies
in the Chemicals industry
Industry Median: 60.4 vs BOM:538567: 77.72

Gulf Oil Lubricants India's Days Payable increased from Dec. 2022 (71.45) to Dec. 2023 (92.20). It may suggest that Gulf Oil Lubricants India delayed paying its suppliers.

Gulf Oil Lubricants India Days Payable Historical Data

The historical data trend for Gulf Oil Lubricants 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.

Gulf Oil Lubricants India Days Payable Chart

Gulf Oil Lubricants India Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

Get a 7-Day Free Trial

78.78

96.22

109.26

76.25

63.59

Gulf Oil Lubricants 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															71.45	67.75	72.46	91.88	92.20

Competitive Comparison of Gulf Oil Lubricants India's Days Payable

For the Specialty Chemicals subindustry, Gulf Oil Lubricants 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.

Gulf Oil Lubricants India's Days Payable Distribution in the Chemicals Industry

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

* The bar in red indicates where Gulf Oil Lubricants India's Days Payable falls into.

Gulf Oil Lubricants 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.

Gulf Oil Lubricants 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
=	( (2707.402	+	3906.474)	/	2 )	/	18981.272	*	365
=	3306.938					/	18981.272	*	365
=	63.59

Gulf Oil Lubricants 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
=	( (4749.212	+	0)	/	1 )	/	4700.186	*	365 / 4
=	4749.212					/	4700.186	*	365 / 4
=	92.20

Gulf Oil Lubricants India Days Payable Related Terms

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Gulf Oil Lubricants India (BOM:538567) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Gulf Oil Lubricants India Ltd (BOM:538567) » Definitions » Days Payable

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GULFOILLUB:India

Address

IN Centre, 49/50, 12th Road, M.I.D.C., Andheri (East), Mumbai, MH, IND, 400093

Website

https://www.gulfoilindia.com

Gulf Oil Lubricants India Ltd manufactures, markets, and trades lubricants and greases used in the automotive and industrial industries. The company is a subsidiary of the Hinduja Group, which owns businesses in a variety of sectors in multiple continents. The company provides products for all types of commercial vehicles to individual and institutional customers across the automotive, agricultural, industrial, construction, and marine divisions. The company exports some of its products, however, a large majority of revenue is derived from sales inside India.

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