Empee Sugars And Chemicals (BOM:500132) Days Payable: 843.67 (As of Mar. 2018)

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What is Empee Sugars And Chemicals Days Payable?

Empee Sugars And Chemicals BOM:500132 Days Payable is 843.67 as of Mar. 2018.

Empee Sugars And Chemicals's average Accounts Payable for the six months ended in Mar. 2018 was ₹404.9 Mil. Empee Sugars And Chemicals's Cost of Goods Sold for the six months ended in Mar. 2018 was ₹175.2 Mil. Hence, Empee Sugars And Chemicals's Days Payable for the six months ended in Mar. 2018 was 421.84.

The historical rank and industry rank for Empee Sugars And Chemicals's Days Payable or its related term are showing as below:

BOM:500132's Days Payable is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 44.145
* Ranked among companies with meaningful Days Payable only.

Empee Sugars And Chemicals's Days Payable increased from Mar. 2016 (151.27) to Mar. 2018 (843.67). It may suggest that Empee Sugars And Chemicals delayed paying its suppliers.


Empee Sugars And Chemicals Days Payable Historical Data

* Premium members only.

The historical data trend for Empee Sugars And Chemicals'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.

Empee Sugars And Chemicals Days Payable Chart

Empee Sugars And Chemicals Annual Data
Trend Jun08 Mar09 Mar10 Mar11 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 176.59 119.22 151.27 141.76 843.67

Empee Sugars And Chemicals Semi-Annual Data
Jun07 Jun08 Mar10 Mar11 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only 176.59 119.22 151.27 141.76 843.67

Empee Sugars And Chemicals Days Payable Competitor Comparison

For the Confectioners subindustry, Empee Sugars And Chemicals'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.


Empee Sugars And Chemicals Days Payable vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Empee Sugars And Chemicals's Days Payable distribution charts can be found below:

* The bar in red indicates where Empee Sugars And Chemicals's Days Payable falls into.



Empee Sugars And Chemicals 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.

Empee Sugars And Chemicals's Days Payable for the fiscal year that ended in Mar. 2018 is calculated as

Days Payable (A: Mar. 2018 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2017 ) + Accounts Payable (A: Mar. 2018 )) / count ) / Cost of Goods Sold (A: Mar. 2018 )*Days in Period
=( (393.354 + 416.54) / 2 ) / 175.193*365
=404.947 / 175.193*365
=843.67

Empee Sugars And Chemicals's Days Payable for the quarter that ended in Mar. 2018 is calculated as:

Days Payable (Q: Mar. 2018 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2017 ) + Accounts Payable (Q: Mar. 2018 )) / count ) / Cost of Goods Sold (Q: Mar. 2018 )*Days in Period
=( (393.354 + 416.54) / 2 ) / 175.193*365 / 2
=404.947 / 175.193*365 / 2
=421.84

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 843.67 mean?
Empee Sugars And Chemicals (BOM:500132) has a Days Payable of 843.67 as of Mar. 2018. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Empee Sugars And Chemicals and its competitors.
Is Empee Sugars And Chemicals' Days Payable too high?
Empee Sugars And Chemicals' current Days Payable is 843.67. The Consumer Packaged Goods industry median Days Payable is 44.15. Empee Sugars And Chemicals' value of 843.67 is 1811.1% above this industry median.
How does Empee Sugars And Chemicals' Days Payable compare to competitors?
Empee Sugars And Chemicals' Days Payable of 843.67 can be compared against companies in the Consumer Packaged Goods industry. The industry median Days Payable is 44.15. Empee Sugars And Chemicals' value of 843.67 is 1811.1% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Consumer Packaged Goods company?
The median Days Payable among Consumer Packaged Goods companies is 44.15, based on 1,894 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Empee Sugars And Chemicals's current Days Payable of 843.67 is 1811.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Empee Sugars And Chemicals and its competitors. For the Consumer Packaged Goods industry, the median Days Payable is 44.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Empee Sugars And Chemicals's current Days Payable is 843.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Empee Sugars And Chemicals stock overvalued right now?
Empee Sugars And Chemicals (BOM:500132) has a current Days Payable of 843.67. The current Days Payable is 843.67 and 1811.1% above the Consumer Packaged Goods industry median of 44.15. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Empee Sugars And Chemicals (BOM:500132), the current Days Payable is 843.67 as of Mar. 2018. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Empee Sugars And Chemicals Business Description

Address No. 59, Harris Road, Empee Tower, Pudupet, Chennai, TN, IND, 600002
Empee Sugars And Chemicals Ltd engages in the manufacturing of sugar. The company operates sugar complex with downstream products like Molasses, Rectified Spirit / Extra Neutral Alcohol, Biomass Fertilizers, and Power. Its segments consist of Sugar, IAP, and Power. Majority of the revenue is derived from the sale of sugar and its by-products.