Shree Cement (BOM:500387) Days Payable : 44.47 (As of Dec. 2023)

View and export this data going back to 1992. Start your Free Trial

What is Shree Cement Days Payable?

Shree Cement's average Accounts Payable for the three months ended in Dec. 2023 was ₹9,094 Mil. Shree Cement's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹18,663 Mil. Hence, Shree Cement's Days Payable for the three months ended in Dec. 2023 was 44.47.

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

BOM:500387' s Days Payable Range Over the Past 10 Years
Min: 22.36 Med: 50.21 Max: 71.99
Current: 39.11

During the past 13 years, Shree Cement's highest Days Payable was 71.99. The lowest was 22.36. And the median was 50.21.

BOM:500387's Days Payable is ranked worse than
74.86% of 370 companies
in the Building Materials industry
Industry Median: 67.09 vs BOM:500387: 39.11

Shree Cement's Days Payable increased from Dec. 2022 (40.10) to Dec. 2023 (44.47). It may suggest that Shree Cement delayed paying its suppliers.

Shree Cement Days Payable Historical Data

The historical data trend for Shree Cement'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.

Shree Cement Days Payable Chart

Shree Cement Annual Data

Trend

Jun14

Jun15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

Get a 7-Day Free Trial

49.45

50.86

69.30

60.21

45.79

Shree Cement 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															40.10	35.71	52.78	42.90	44.47

Competitive Comparison of Shree Cement's Days Payable

For the Building Materials subindustry, Shree Cement'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.

Shree Cement's Days Payable Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Shree Cement's Days Payable distribution charts can be found below:

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

Shree Cement 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.

Shree Cement'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
=	( (8903.7	+	11960)	/	2 )	/	83151.8	*	365
=	10431.85					/	83151.8	*	365
=	45.79

Shree Cement'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
=	( (9094.3	+	0)	/	1 )	/	18663	*	365 / 4
=	9094.3					/	18663	*	365 / 4
=	44.47

Shree Cement Days Payable Related Terms

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

Shree Cement (BOM:500387) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Shree Cement Ltd (BOM:500387) » Definitions » Days Payable

Traded in Other Exchanges

SHREECEM:India

Address

21 Strand Road, Kolkata, WB, IND, 700 001

Website

https://www.shreecement.com

Shree Cement Ltd manufactures and sells cement and cement-related products to the building and construction industries. It derives revenue from Cement, Clinker and Power sales, of which Cement products contribute majorly to the revenue. The Cement products are offered under the brands Shree Jung Rodhak and Bangur, among others. Nearly all of the firm's revenue comes from India.

Shree Cement (BOM:500387) Headlines

No Headlines