Mercator (NSE:MERCATOR) Days Payable : 1,109,417.50 (As of Dec. 2023)

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What is Mercator Days Payable?

Mercator's average Accounts Payable for the three months ended in Dec. 2023 was ₹2,066.86 Mil. Mercator's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹0.17 Mil. Hence, Mercator's Days Payable for the three months ended in Dec. 2023 was 1,109,417.50.

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

NSE:MERCATOR' s Days Payable Range Over the Past 10 Years
Min: 66.52 Med: 463.47 Max: 837760
Current: 837760

During the past 13 years, Mercator's highest Days Payable was 837760.00. The lowest was 66.52. And the median was 463.47.

NSE:MERCATOR's Days Payable is not ranked
in the Other Energy Sources industry.
Industry Median: 64.77 vs NSE:MERCATOR: 837760.00

Mercator's Days Payable increased from Dec. 2022 (673,288.13) to Dec. 2023 (1,109,417.50). It may suggest that Mercator delayed paying its suppliers.

Mercator Days Payable Historical Data

The historical data trend for Mercator'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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Mercator Days Payable Chart

Mercator Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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343.83

474.11

1,547.38

548,220.59

664,528.13

Mercator 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															673,288.13	677,075.00	752,305.56	1,047,783.19	1,109,417.50

Competitive Comparison of Mercator's Days Payable

For the Thermal Coal subindustry, Mercator'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.

Mercator's Days Payable Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Mercator's Days Payable distribution charts can be found below:

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

Mercator 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.

Mercator'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
=	( (1429	+	1484)	/	2 )	/	0.8	*	365
=	1456.5					/	0.8	*	365
=	664,528.13

Mercator'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
=	( (2066.86	+	0)	/	1 )	/	0.17	*	365 / 4
=	2066.86					/	0.17	*	365 / 4
=	1,109,417.50

Mercator Days Payable Related Terms

Thank you for viewing the detailed overview of Mercator's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Mercator (NSE:MERCATOR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » Mercator Ltd (NSE:MERCATOR) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

Nariman Point, 83-87, 8th Floor, B-Wing, Mittal Tower, Mumbai, MH, IND, 400 021

Website

https://www.mercator.co.in

Mercator Ltd is an Indian company engaged in diversified business with interests in coal, oil & gas, shipping and dredging. The company operates a variety of shipping fleets including crude carriers, gas carriers, petroleum product carriers, and bulk carriers. It operates in single primary business segment of Water transport.

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