Kothari Sugars & Chemicals (NSE:KOTARISUG) Days Payable : 43.75 (As of Dec. 2023)

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What is Kothari Sugars & Chemicals Days Payable?

Kothari Sugars & Chemicals's average Accounts Payable for the three months ended in Dec. 2023 was ₹504 Mil. Kothari Sugars & Chemicals's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹1,052 Mil. Hence, Kothari Sugars & Chemicals's Days Payable for the three months ended in Dec. 2023 was 43.75.

The historical rank and industry rank for Kothari Sugars & Chemicals's Days Payable or its related term are showing as below:

NSE:KOTARISUG' s Days Payable Range Over the Past 10 Years
Min: 49.82 Med: 77.96 Max: 116.6
Current: 51.3

During the past 13 years, Kothari Sugars & Chemicals's highest Days Payable was 116.60. The lowest was 49.82. And the median was 77.96.

NSE:KOTARISUG's Days Payable is ranked better than
56.46% of 1789 companies
in the Consumer Packaged Goods industry
Industry Median: 46.09 vs NSE:KOTARISUG: 51.30

Kothari Sugars & Chemicals's Days Payable increased from Dec. 2022 (42.01) to Dec. 2023 (43.75). It may suggest that Kothari Sugars & Chemicals delayed paying its suppliers.

Kothari Sugars & Chemicals Days Payable Historical Data

The historical data trend for Kothari Sugars & Chemicals'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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Kothari Sugars & Chemicals Days Payable Chart

Kothari Sugars & Chemicals Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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116.60

108.95

89.27

97.44

66.65

Kothari Sugars & Chemicals 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															42.01	49.80	74.38	62.42	43.75

Competitive Comparison of Kothari Sugars & Chemicals's Days Payable

For the Confectioners subindustry, Kothari Sugars & Chemicals'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.

Kothari Sugars & Chemicals's Days Payable Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Kothari Sugars & Chemicals's Days Payable distribution charts can be found below:

* The bar in red indicates where Kothari Sugars & Chemicals's Days Payable falls into.

Kothari Sugars & Chemicals 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.

Kothari Sugars & Chemicals'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
=	( (772.957	+	854.309)	/	2 )	/	4455.462	*	365
=	813.633					/	4455.462	*	365
=	66.65

Kothari Sugars & Chemicals'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
=	( (504.168	+	0)	/	1 )	/	1051.513	*	365 / 4
=	504.168					/	1051.513	*	365 / 4
=	43.75

Kothari Sugars & Chemicals Days Payable Related Terms

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Kothari Sugars & Chemicals (NSE:KOTARISUG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Kothari Sugars & Chemicals Ltd (NSE:KOTARISUG) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 115, Mahatma Gandhi Salai, Kothari Buildings, Nungambakkam, Chennai, TN, IND, 600 034

Website

http://www.hckotharigroup.com

Kothari Sugars & Chemicals Ltd is a manufacturer of Sugar, Alcohol, and Powerhaving units manufacturer in India. It is engaged in three segments, namely Sugar, Cogeneration of power (Cogen) and Distillery. The majority of the revenue is derived from Sugar. Geographically, The company operates in India and Asia, it derives a majority of revenue from India.

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