Epigral (NSE:EPIGRAL) Days Payable : 56.53 (As of Mar. 2024)

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What is Epigral Days Payable?

Epigral's average Accounts Payable for the three months ended in Mar. 2024 was ₹1,653 Mil. Epigral's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹2,668 Mil. Hence, Epigral's Days Payable for the three months ended in Mar. 2024 was 56.53.

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

NSE:EPIGRAL' s Days Payable Range Over the Past 10 Years
Min: 32.46 Med: 47.39 Max: 53.02
Current: 47.6

During the past 7 years, Epigral's highest Days Payable was 53.02. The lowest was 32.46. And the median was 47.39.

NSE:EPIGRAL's Days Payable is ranked worse than
63.94% of 1503 companies
in the Chemicals industry
Industry Median: 60.89 vs NSE:EPIGRAL: 47.60

Epigral's Days Payable increased from Mar. 2023 (32.62) to Mar. 2024 (56.53). It may suggest that Epigral delayed paying its suppliers.

Epigral Days Payable Historical Data

The historical data trend for Epigral'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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Epigral Days Payable Chart

Epigral Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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51.93

53.02

38.64

32.46

47.39

Epigral Quarterly Data
	Mar18	Mar19	Mar20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial											32.62	36.66	46.83	51.36	56.53

Competitive Comparison of Epigral's Days Payable

For the Chemicals subindustry, Epigral'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.

Epigral's Days Payable Distribution in the Chemicals Industry

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

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

Epigral 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.

Epigral's Days Payable for the fiscal year that ended in Mar. 2024 is calculated as

	Days Payable (A: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2023 )	+	Accounts Payable (A: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2024 )	*	Days in Period
=	( (1101.73	+	1652.824)	/	2 )	/	10608.149	*	365
=	1377.277					/	10608.149	*	365
=	47.39

Epigral'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
=	( (0	+	1652.824)	/	1 )	/	2667.916	*	365 / 4
=	1652.824					/	2667.916	*	365 / 4
=	56.53

Epigral Days Payable Related Terms

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Epigral (NSE:EPIGRAL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Epigral Ltd (NSE:EPIGRAL) » Definitions » Days Payable

Traded in Other Exchanges

543332:India

Address

Corporate Road, 5th Floor, 6th Floor & 7th Floor, Meghmani House, Behind Safal Profitaire, Prahladnagar, Ahmedabad, GJ, IND, 380015

Website

https://www.meghmanifinechem.com

Epigral Ltd Formerly Meghmani Finechem Ltd is a producer of Chlor-Alkali and its Derivatives and specialty chemicals with backward and forward integration facilities. It manufactures Caustic Soda, Caustic Potash, CPVC Resin, Epichlorohydrin, Chlorine, Hydrogen, Chloromethanes, and Hydrogen Peroxide. The company is focused on servicing domestic as well as international markets.

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