ABM International (NSE:ABMINTLLTD) Days Payable : 93.47 (As of Dec. 2023)

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What is ABM International Days Payable?

ABM International's average Accounts Payable for the three months ended in Dec. 2023 was ₹234 Mil. ABM International's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹229 Mil. Hence, ABM International's Days Payable for the three months ended in Dec. 2023 was 93.47.

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

NSE:ABMINTLLTD' s Days Payable Range Over the Past 10 Years
Min: 0.47 Med: 30.97 Max: 77.56
Current: 77.56

During the past 13 years, ABM International's highest Days Payable was 77.56. The lowest was 0.47. And the median was 30.97.

NSE:ABMINTLLTD's Days Payable is ranked better than
64.27% of 1503 companies
in the Chemicals industry
Industry Median: 60.28 vs NSE:ABMINTLLTD: 77.56

ABM International's Days Payable declined from Dec. 2022 (100.79) to Dec. 2023 (93.47). It may suggest that ABM International accelerated paying its suppliers.

ABM International Days Payable Historical Data

The historical data trend for ABM International'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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ABM International Days Payable Chart

ABM International Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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41.54

30.07

18.67

5.95

31.86

ABM International 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															100.79	61.65	53.31	67.03	93.47

Competitive Comparison of ABM International's Days Payable

For the Specialty Chemicals subindustry, ABM International'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.

ABM International's Days Payable Distribution in the Chemicals Industry

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

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

ABM International 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.

ABM International'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
=	( (13.05	+	150.217)	/	2 )	/	935.26	*	365
=	81.6335					/	935.26	*	365
=	31.86

ABM International'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
=	( (234.375	+	0)	/	1 )	/	228.799	*	365 / 4
=	234.375					/	228.799	*	365 / 4
=	93.47

ABM International Days Payable Related Terms

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ABM International (NSE:ABMINTLLTD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » ABM International Ltd (NSE:ABMINTLLTD) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

10/60, Industrial Area, Kirti Nagar, New Delhi, IND, 110015

Website

http://www.abmintl.in

ABM International Ltd is an India-based company engaged in importing and distributing plastic raw materials. The company offers PVC resins, Dicumyl Peroxide(DCP), finished leathers, and other products. The revenue is generated from the sale of products. The nature of the industry in which the company operates is Trading in Plastic raw materials, PVC Leather Cloth, and Finished Leather.

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