Huhtamaki India (BOM:509820) Days Payable

: 106.08 (As of Mar. 2024)

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Huhtamaki India's average Accounts Payable for the three months ended in Mar. 2024 was ₹4,705 Mil. Huhtamaki India's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹4,047 Mil. Hence, Huhtamaki India's Days Payable for the three months ended in Mar. 2024 was 106.08.

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

BOM:509820' s Days Payable Range Over the Past 10 Years
Min: 64.82 Med: 86.5 Max: 99.17
Current: 97.66

During the past 13 years, Huhtamaki India's highest Days Payable was 99.17. The lowest was 64.82. And the median was 86.50.

BOM:509820's Days Payable is ranked better than
77.38% of 367 companies
in the Packaging & Containers industry
Industry Median: 57.52 vs BOM:509820: 97.66

Huhtamaki India's Days Payable increased from Mar. 2023 (95.24) to Mar. 2024 (106.08). It may suggest that Huhtamaki India delayed paying its suppliers.

Huhtamaki India Days Payable Historical Data

The historical data trend for Huhtamaki India'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.

Huhtamaki India Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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83.37

94.58

95.77

87.72

99.17

Huhtamaki India Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															95.24	97.59	91.33	104.20	106.08

Competitive Comparison

For the Packaging & Containers subindustry, Huhtamaki India'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.

Huhtamaki India Days Payable Distribution

For the Packaging & Containers industry and Consumer Cyclical sector, Huhtamaki India's Days Payable distribution charts can be found below:

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

Huhtamaki India 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.

Huhtamaki India's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (4809.3	+	4704.6)	/	2 )	/	17508.9	*	365
=	4756.95					/	17508.9	*	365
=	99.17

Huhtamaki India's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (4704.6	+	0)	/	1 )	/	4047	*	365 / 4
=	4704.6					/	4047	*	365 / 4
=	106.08

Huhtamaki India Days Payable Related Terms

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Huhtamaki India (BOM:509820) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Huhtamaki India Ltd (BOM:509820) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

HUHTAMAKI:India

Address

L.B.S. Marg, Majiwade, Thane (West), Thane, MH, IND, 400 601

Website

https://www.huhtamaki.com

Huhtamaki India Ltd is engaged in manufacture and sale of packaging material. It offers a hoard of packaging solutions that comprise flexible packaging, including various pouching solutions, labelling technologies, and shrink sleeve solutions. The company operates through consumer packaging segment and focuses on manufacturing finished goods, such as laminates and coated/uncoated paper and films, cartons, shrink sleeves and automotive and industrial products. Its products are used in various flexible packaging applications, which include food and beverages, personal, oral and healthcare, tube laminate, pharma and medical, and other industries which are mainly domestic.

Huhtamaki India (BOM:509820) Headlines

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