Akzo Nobel India (NSE:AKZOINDIA) Days Payable : 149.50 (As of Dec. 2023)

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What is Akzo Nobel India Days Payable?

Akzo Nobel India's average Accounts Payable for the three months ended in Dec. 2023 was ₹9,463 Mil. Akzo Nobel India's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹5,776 Mil. Hence, Akzo Nobel India's Days Payable for the three months ended in Dec. 2023 was 149.50.

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

NSE:AKZOINDIA' s Days Payable Range Over the Past 10 Years
Min: 3.93 Med: 142.09 Max: 190.93
Current: 150.14

During the past 13 years, Akzo Nobel India's highest Days Payable was 190.93. The lowest was 3.93. And the median was 142.09.

NSE:AKZOINDIA's Days Payable is ranked better than
89.42% of 1503 companies
in the Chemicals industry
Industry Median: 60.47 vs NSE:AKZOINDIA: 150.14

Akzo Nobel India's Days Payable increased from Dec. 2022 (137.44) to Dec. 2023 (149.50). It may suggest that Akzo Nobel India delayed paying its suppliers.

Akzo Nobel India Days Payable Historical Data

The historical data trend for Akzo Nobel 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.

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Akzo Nobel India Days Payable Chart

Akzo Nobel India Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

Get a 7-Day Free Trial

130.00

153.43

190.93

159.31

138.30

Akzo Nobel 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															137.44	148.40	143.21	163.14	149.50

Competitive Comparison of Akzo Nobel India's Days Payable

For the Specialty Chemicals subindustry, Akzo Nobel 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.

Akzo Nobel India's Days Payable Distribution in the Chemicals Industry

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

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

Akzo Nobel 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.

Akzo Nobel 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
=	( (8451	+	8935)	/	2 )	/	22942	*	365
=	8693					/	22942	*	365
=	138.30

Akzo Nobel 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
=	( (9463	+	0)	/	1 )	/	5776	*	365 / 4
=	9463					/	5776	*	365 / 4
=	149.50

Akzo Nobel India Days Payable Related Terms

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Akzo Nobel India (NSE:AKZOINDIA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Akzo Nobel India Ltd (NSE:AKZOINDIA) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

500710:India

Address

Golf Course Extension Road, 9th Floor, Magnum Towers, Sector 58, Gurugram, HR, IND, 122 011

Website

https://www.akzonobel.co.in

Akzo Nobel India Ltd manufactures and sells a variety of chemicals and coatings. The company organizes itself into only segments based on the product type. The coatings segment, which generates the vast majority of revenue, sells decorative paints under the Dulux brand and performance coatings for ships, cars, aircraft, and buildings. The vast majority of revenue comes from India.

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