Ecoboard Industries (BOM:523732) Days Payable : 136.70 (As of Dec. 2023)

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What is Ecoboard Industries Days Payable?

Ecoboard Industries's average Accounts Payable for the three months ended in Dec. 2023 was ₹80.6 Mil. Ecoboard Industries's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹53.8 Mil. Hence, Ecoboard Industries's Days Payable for the three months ended in Dec. 2023 was 136.70.

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

BOM:523732' s Days Payable Range Over the Past 10 Years
Min: 73.35 Med: 143.8 Max: 489.65
Current: 93.86

During the past 13 years, Ecoboard Industries's highest Days Payable was 489.65. The lowest was 73.35. And the median was 143.80.

BOM:523732's Days Payable is ranked better than
78.57% of 280 companies
in the Forest Products industry
Industry Median: 56.04 vs BOM:523732: 93.86

Ecoboard Industries's Days Payable declined from Dec. 2022 (178.81) to Dec. 2023 (136.70). It may suggest that Ecoboard Industries accelerated paying its suppliers.

Ecoboard Industries Days Payable Historical Data

The historical data trend for Ecoboard 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.

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Ecoboard Industries Days Payable Chart

Ecoboard Industries Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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166.41

489.65

255.05

73.35

77.06

Ecoboard 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															178.81	58.74	240.26	137.13	136.70

Competitive Comparison of Ecoboard Industries's Days Payable

For the Lumber & Wood Production subindustry, Ecoboard 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.

Ecoboard Industries's Days Payable Distribution in the Forest Products Industry

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

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

Ecoboard 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.

Ecoboard 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
=	( (36.505	+	86.593)	/	2 )	/	291.546	*	365
=	61.549					/	291.546	*	365
=	77.06

Ecoboard 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
=	( (80.625	+	0)	/	1 )	/	53.819	*	365 / 4
=	80.625					/	53.819	*	365 / 4
=	136.70

Ecoboard Industries Days Payable Related Terms

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Ecoboard Industries (BOM:523732) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Ecoboard Industries Ltd (BOM:523732) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Off Karve Road, 65/1A, Ecohouse, Akarshak Building, Opposite Nal Stop, Pune, MH, IND, 411004

Website

https://www.ecoboard.in

Ecoboard Industries Ltd manufactures and sells laminated particle boards in India. It has two business divisions: EcoBuild and EcoEnergy. The company's EcoBuild division is marketed under the brand name FORSTER which includes sustainable building materials and products, internal walls, internal ceiling, doors, structural flooring, shelves, etc. EcoEnergy includes energy from Industrial and agro-waste, wastewater treatment plants distilleries using sustainable technologies, and other industries. It operates mainly in two segments: Particle Boards and BioSystems. The Majority of its revenue is generated from the Particle Board segment.

Ecoboard Industries (BOM:523732) Headlines

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