Andhra Petrochemicals (BOM:500012) Days Payable : 2.55 (As of Mar. 2024)

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What is Andhra Petrochemicals Days Payable?

Andhra Petrochemicals's average Accounts Payable for the three months ended in Mar. 2024 was ₹57 Mil. Andhra Petrochemicals's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹2,045 Mil. Hence, Andhra Petrochemicals's Days Payable for the three months ended in Mar. 2024 was 2.55.

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

BOM:500012' s Days Payable Range Over the Past 10 Years
Min: 3.18 Med: 6.88 Max: 42.62
Current: 3.18

During the past 13 years, Andhra Petrochemicals's highest Days Payable was 42.62. The lowest was 3.18. And the median was 6.88.

BOM:500012's Days Payable is ranked worse than
99.47% of 1501 companies
in the Chemicals industry
Industry Median: 60.44 vs BOM:500012: 3.18

Andhra Petrochemicals's Days Payable declined from Mar. 2023 (3.28) to Mar. 2024 (2.55). It may suggest that Andhra Petrochemicals accelerated paying its suppliers.

Andhra Petrochemicals Days Payable Historical Data

The historical data trend for Andhra Petrochemicals'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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Andhra Petrochemicals Days Payable Chart

Andhra Petrochemicals Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

Get a 7-Day Free Trial

7.52

13.20

7.60

4.02

3.26

Andhra Petrochemicals 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															3.28	2.84	3.35	4.55	2.55

Competitive Comparison of Andhra Petrochemicals's Days Payable

For the Chemicals subindustry, Andhra Petrochemicals'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.

Andhra Petrochemicals's Days Payable Distribution in the Chemicals Industry

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

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

Andhra Petrochemicals 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.

Andhra Petrochemicals'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
=	( (50.256	+	57.155)	/	2 )	/	6011.898	*	365
=	53.7055					/	6011.898	*	365
=	3.26

Andhra Petrochemicals'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	+	57.155)	/	1 )	/	2045.403	*	365 / 4
=	57.155					/	2045.403	*	365 / 4
=	2.55

Andhra Petrochemicals Days Payable Related Terms

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Andhra Petrochemicals (BOM:500012) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Andhra Petrochemicals Ltd (BOM:500012) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

Venkatarayapuram, West Godavari District, Tanuku, AP, IND, 534215

Website

https://www.andhrapetrochemicals.com

Andhra Petrochemicals Ltd is an India-based company, which is engaged in the manufacturing of oxo-alcohols. The company's products/services include 2 Ethyl Hexanol and Butanols. It offers Normal Butanol and Iso Butanol. Its 2 Ethyl Hexanol has applications in plasticizers, stabilizers, solvents, acrylates, and finishing compounds for ink. Other applications of 2 Ethyl Hexanol include nitrate esters, lube and fuel additives, surfactants, mining, stabilizers, solvent extractions, oil flotations, agricultural chemicals, and engine machinery lubrication. Its facilities include steam generation, diesel power generation, seawater cooling towers, and raw water storage.

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