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Gandhar Oil Refinery (India) (BOM:544029) Days Payable : 49.75 (As of Dec. 2023)


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What is Gandhar Oil Refinery (India) Days Payable?

Gandhar Oil Refinery (India)'s average Accounts Payable for the three months ended in Dec. 2023 was ₹5,302 Mil. Gandhar Oil Refinery (India)'s Cost of Goods Sold for the three months ended in Dec. 2023 was ₹9,724 Mil. Hence, Gandhar Oil Refinery (India)'s Days Payable for the three months ended in Dec. 2023 was 49.75.

The historical rank and industry rank for Gandhar Oil Refinery (India)'s Days Payable or its related term are showing as below:

BOM:544029' s Days Payable Range Over the Past 10 Years
Min: 55.35   Med: 61.14   Max: 101.06
Current: 71.56

During the past 3 years, Gandhar Oil Refinery (India)'s highest Days Payable was 101.06. The lowest was 55.35. And the median was 61.14.

BOM:544029's Days Payable is ranked better than
55.56% of 900 companies
in the Oil & Gas industry
Industry Median: 61.045 vs BOM:544029: 71.56

Gandhar Oil Refinery (India)'s Days Payable increased from Mar. 2022 (0.00) to Dec. 2023 (49.75). It may suggest that Gandhar Oil Refinery (India) delayed paying its suppliers.

Gandhar Oil Refinery (India) Days Payable Historical Data

The historical data trend for Gandhar Oil Refinery (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.

Gandhar Oil Refinery (India) Days Payable Chart

Gandhar Oil Refinery (India) Annual Data
Trend Mar21 Mar22 Mar23
Days Payable
101.06 61.14 55.35

Gandhar Oil Refinery (India) Quarterly Data
Mar21 Mar22 Dec22 Mar23 Jun23 Dec23
Days Payable Get a 7-Day Free Trial - 48.16 58.86 52.87 49.75

Competitive Comparison of Gandhar Oil Refinery (India)'s Days Payable

For the Oil & Gas Refining & Marketing subindustry, Gandhar Oil Refinery (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.

Gandhar Oil Refinery (India)'s Days Payable Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Gandhar Oil Refinery (India)'s Days Payable distribution charts can be found below:

* The bar in red indicates where Gandhar Oil Refinery (India)'s Days Payable falls into.


Gandhar Oil Refinery (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.

Gandhar Oil Refinery (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
=( (5173.31 + 5672.54) / 2 ) / 35761.32*365
=5422.925 / 35761.32*365
=55.35

Gandhar Oil Refinery (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: Jun. 2023 ) + Accounts Payable (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (5301.76 + 0) / 1 ) / 9724.29*365 / 4
=5301.76 / 9724.29*365 / 4
=49.75

* 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.

Gandhar Oil Refinery (India) Days Payable Related Terms

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Gandhar Oil Refinery (India) (BOM:544029) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Gandhar Oil Refinery (India) Ltd (BOM:544029) » Definitions » Days Payable
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Traded in Other Exchanges
GANDHAR:India
Address
S.V. Road, 18th floor, DLH Park, Goregaon West, Mumbai, MH, IND, 400 062
Website
https://www.gandharoil.com
Gandhar Oil Refinery (India) Ltd is a manufacturer of white oils with a growing focus on the consumer and healthcare end industries. The Company is engaged in three segments namely, manufacturing and trading of petroleum products/specialty oils, trading of non-coking coal, and providing consignment, del-credere agency services for sale of polymers to local markets.

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