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Orient Paper & Industries (NSE:ORIENTPPR) Days Payable : 63.67 (As of Dec. 2023)


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What is Orient Paper & Industries Days Payable?

Orient Paper & Industries's average Accounts Payable for the three months ended in Dec. 2023 was ₹805 Mil. Orient Paper & Industries's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹1,154 Mil. Hence, Orient Paper & Industries's Days Payable for the three months ended in Dec. 2023 was 63.67.

The historical rank and industry rank for Orient Paper & Industries's Days Payable or its related term are showing as below:

NSE:ORIENTPPR' s Days Payable Range Over the Past 10 Years
Min: 51.76   Med: 111.1   Max: 406.68
Current: 59.86

During the past 13 years, Orient Paper & Industries's highest Days Payable was 406.68. The lowest was 51.76. And the median was 111.10.

NSE:ORIENTPPR's Days Payable is ranked better than
53.57% of 280 companies
in the Forest Products industry
Industry Median: 56.585 vs NSE:ORIENTPPR: 59.86

Orient Paper & Industries's Days Payable increased from Dec. 2022 (57.21) to Dec. 2023 (63.67). It may suggest that Orient Paper & Industries delayed paying its suppliers.


Orient Paper & Industries Days Payable Historical Data

The historical data trend for Orient Paper & Industries'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.

Orient Paper & Industries Days Payable Chart

Orient Paper & Industries 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 139.54 172.98 110.13 76.70 51.76

Orient Paper & Industries 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 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 57.21 46.28 54.00 82.67 63.67

Competitive Comparison of Orient Paper & Industries's Days Payable

For the Paper & Paper Products subindustry, Orient Paper & Industries'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.


Orient Paper & Industries's Days Payable Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Orient Paper & Industries's Days Payable distribution charts can be found below:

* The bar in red indicates where Orient Paper & Industries's Days Payable falls into.



Orient Paper & Industries 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.

Orient Paper & Industries'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
=( (895.006 + 759.786) / 2 ) / 5834.309*365
=827.396 / 5834.309*365
=51.76

Orient Paper & Industries'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
=( (805.339 + 0) / 1 ) / 1154.195*365 / 4
=805.339 / 1154.195*365 / 4
=63.67

* 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.


Orient Paper & Industries Days Payable Related Terms

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Orient Paper & Industries (NSE:ORIENTPPR) Business Description

Traded in Other Exchanges
Address
9/1, R. N. Mukherjee Road, 9th Floor, Birla Building, Kolkata, WB, IND, 700001
Orient Paper & Industries Ltd is engaged in the manufacturing and selling of paper and other paper-related products and chemicals. The company produces pulp and paper for writing, printing, industrial, and specialty papers. The company manages its business into segments namely Paper and Tissue, and Chemicals. The company generates maximum revenue from the Paper & Tissue segment. The company operates its business in India and overseas.

Orient Paper & Industries (NSE:ORIENTPPR) Headlines

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