India Glycols (BOM:500201) Days Payable : 123.56 (As of Dec. 2023)

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What is India Glycols Days Payable?

India Glycols's average Accounts Payable for the three months ended in Dec. 2023 was ₹8,363 Mil. India Glycols's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹6,176 Mil. Hence, India Glycols's Days Payable for the three months ended in Dec. 2023 was 123.56.

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

BOM:500201' s Days Payable Range Over the Past 10 Years
Min: 78.71 Med: 120.7 Max: 165.88
Current: 153.56

During the past 13 years, India Glycols's highest Days Payable was 165.88. The lowest was 78.71. And the median was 120.70.

BOM:500201's Days Payable is ranked better than
89.44% of 1505 companies
in the Chemicals industry
Industry Median: 61 vs BOM:500201: 153.56

India Glycols's Days Payable declined from Dec. 2022 (223.54) to Dec. 2023 (123.56). It may suggest that India Glycols accelerated paying its suppliers.

India Glycols Days Payable Historical Data

The historical data trend for India Glycols'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.

India Glycols Days Payable Chart

India Glycols Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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131.19

148.97

165.25

121.15

165.88

India Glycols 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															223.54	196.42	183.99	153.46	123.56

Competitive Comparison of India Glycols's Days Payable

For the Chemicals subindustry, India Glycols'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.

India Glycols's Days Payable Distribution in the Chemicals Industry

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

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

India Glycols 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.

India Glycols'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
=	( (6799.362	+	8029.694)	/	2 )	/	16314.913	*	365
=	7414.528					/	16314.913	*	365
=	165.88

India Glycols'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
=	( (8362.6	+	0)	/	1 )	/	6175.7	*	365 / 4
=	8362.6					/	6175.7	*	365 / 4
=	123.56

India Glycols Days Payable Related Terms

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India Glycols (BOM:500201) Business Description

Industry

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INDIAGLYCO:India

Address

Plot No. 2B, Sector-126, District Gautam Budh Nagar, Noida, UP, IND, 201304

Website

https://www.indiaglycols.com

India Glycols Ltd is engaged in the manufacturing and marketing of chemicals. It offers Specialty chemicals, Ethyl Alcohol (Portable), Nutraceutical and herbal extraction, Natural Gum and its derivatives, and Industrial gases, among others. The company produces chemicals through agricultural route and manufactures ethoxylates and glycol ethers through molasses route. The demand for their products comes from the Pharmaceutical and Nutraceutical industries, Food industries, Textile industry, Automobile industry and Potable segment. The operating segments of the group are Industrial chemical; Ethyl Alcohol (Potable); and Nutraceutical, of which it derives key revenue from the Ethyl Alcohol (Potable) segment.

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