ELANTAS Beck India (BOM:500123) Days Payable : 62.13 (As of Dec. 2023)

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What is ELANTAS Beck India Days Payable?

ELANTAS Beck India's average Accounts Payable for the three months ended in Dec. 2023 was ₹877 Mil. ELANTAS Beck India's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹1,287 Mil. Hence, ELANTAS Beck India's Days Payable for the three months ended in Dec. 2023 was 62.13.

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

BOM:500123' s Days Payable Range Over the Past 10 Years
Min: 44.04 Med: 62.03 Max: 73.39
Current: 65.76

During the past 13 years, ELANTAS Beck India's highest Days Payable was 73.39. The lowest was 44.04. And the median was 62.03.

BOM:500123's Days Payable is ranked better than
54.96% of 1501 companies
in the Chemicals industry
Industry Median: 60.47 vs BOM:500123: 65.76

ELANTAS Beck India's Days Payable increased from Dec. 2022 (53.08) to Dec. 2023 (62.13). It may suggest that ELANTAS Beck India delayed paying its suppliers.

ELANTAS Beck India Days Payable Historical Data

The historical data trend for ELANTAS Beck 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.

ELANTAS Beck India Days Payable Chart

ELANTAS Beck India Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

58.54

73.39

68.33

60.85

66.67

ELANTAS Beck India 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															53.08	63.23	65.01	72.09	62.13

Competitive Comparison of ELANTAS Beck India's Days Payable

For the Specialty Chemicals subindustry, ELANTAS Beck 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.

ELANTAS Beck India's Days Payable Distribution in the Chemicals Industry

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

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

ELANTAS Beck 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.

ELANTAS Beck 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
=	( (735.456	+	876.553)	/	2 )	/	4412.751	*	365
=	806.0045					/	4412.751	*	365
=	66.67

ELANTAS Beck India'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
=	( (0	+	876.553)	/	1 )	/	1287.335	*	365 / 4
=	876.553					/	1287.335	*	365 / 4
=	62.13

ELANTAS Beck India Days Payable Related Terms

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ELANTAS Beck India (BOM:500123) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » ELANTAS Beck India Ltd (BOM:500123) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

147, Mumbai-Pune Road, Pimpri, Pune, MH, IND, 411 018

Website

https://www.elantas.com/beck-india

ELANTAS Beck India Ltd is engaged in producing insulating materials for the electrical and electronics industry. The company's operating segment include Electrical Insulations, and Engineering and Electronic Resins and Materials. It generates maximum revenue from the Electrical Insulations segment. The Electrical Insulation System business line comprises three product groups: wire enamels, insulating varnishes and resins, and casting and potting compounds. Geographically, it derives a majority of revenue from India.

ELANTAS Beck India (BOM:500123) Headlines

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