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Antarctica (NSE:ANTGRAPHIC) Days Payable : 80.53 (As of Mar. 2023)


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What is Antarctica Days Payable?

Antarctica's average Accounts Payable for the three months ended in Mar. 2023 was ₹0.43 Mil. Antarctica's Cost of Goods Sold for the three months ended in Mar. 2023 was ₹0.49 Mil. Hence, Antarctica's Days Payable for the three months ended in Mar. 2023 was 80.53.

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

NSE:ANTGRAPHIC's Days Payable is not ranked *
in the Packaging & Containers industry.
Industry Median: 58.45
* Ranked among companies with meaningful Days Payable only.

Antarctica's Days Payable increased from Mar. 2022 (48.38) to Mar. 2023 (80.53). It may suggest that Antarctica delayed paying its suppliers.


Antarctica Days Payable Historical Data

The historical data trend for Antarctica'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.

Antarctica Days Payable Chart

Antarctica Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 126.35 246.83 146.69 118.51 224.02

Antarctica Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 48.38 132.84 - - 80.53

Competitive Comparison of Antarctica's Days Payable

For the Packaging & Containers subindustry, Antarctica'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.


Antarctica's Days Payable Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Antarctica's Days Payable distribution charts can be found below:

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



Antarctica 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.

Antarctica'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
=( (0.527 + 0.428) / 2 ) / 0.778*365
=0.4775 / 0.778*365
=224.02

Antarctica's Days Payable for the quarter that ended in Mar. 2023 is calculated as:

Days Payable (Q: Mar. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2022 ) + Accounts Payable (Q: Mar. 2023 )) / count ) / Cost of Goods Sold (Q: Mar. 2023 )*Days in Period
=( (0 + 0.428) / 1 ) / 0.485*365 / 4
=0.428 / 0.485*365 / 4
=80.53

* 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.


Antarctica Days Payable Related Terms

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Antarctica (NSE:ANTGRAPHIC) Business Description

Traded in Other Exchanges
N/A
Address
1A Vidyasagar Street, Kolkata, WB, IND, 700009
Antarctica Ltd is engaged in the packing and printing business. The company is involved in carton box manufacturing, with the option of lined cartons, including cartons with a tube inside, book printing and finishing, labels, contract packaging, tea bags, and posters. Its products include Folding cartons with an inner liner for powers, Granulated materials and liquids lock bottom, and Reverse tuck-in boxes; tea bags, such as hard tag double chambered tea bags with or without outer envelopes; tags, including printed hard tags tea bag making; paper cups, such as printed paper cups and poly extrusion (PE) coated, and books and brochures. The Company is a Paper-based Packaging & Publishing, product manufacturer. The revenue is generated from the sale of products.

Antarctica (NSE:ANTGRAPHIC) Headlines

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