Rain Industries (BOM:500339) Days Payable : 198.38 (As of Dec. 2023)

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What is Rain Industries Days Payable?

Rain Industries's average Accounts Payable for the six months ended in Dec. 2023 was ₹14,524 Mil. Rain Industries's Cost of Goods Sold for the six months ended in Dec. 2023 was ₹24,871 Mil. Hence, Rain Industries's Days Payable for the six months ended in Dec. 2023 was 106.58.

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

BOM:500339' s Days Payable Range Over the Past 10 Years
Min: 46.04 Med: 54.84 Max: 213.16
Current: 213.16

During the past 13 years, Rain Industries's highest Days Payable was 213.16. The lowest was 46.04. And the median was 54.84.

BOM:500339's Days Payable is ranked better than
94.92% of 1515 companies
in the Chemicals industry
Industry Median: 59.69 vs BOM:500339: 213.16

Rain Industries's Days Payable increased from Dec. 2021 (147.57) to Dec. 2023 (198.38). It may suggest that Rain Industries delayed paying its suppliers.

Rain Industries Days Payable Historical Data

The historical data trend for Rain 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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Rain Industries Days Payable Chart

Rain Industries Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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52.01

52.68

46.76

46.04

46.27

Rain Industries Semi-Annual Data
	Mar05	Mar06	Mar07	Dec08	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23
Days Payable	Get a 7-Day Free Trial														198.66	254.28	147.57	181.47	198.38

Competitive Comparison of Rain Industries's Days Payable

For the Chemicals subindustry, Rain 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.

Rain Industries's Days Payable Distribution in the Chemicals Industry

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

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

Rain 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.

Rain Industries'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
=	( (15530.72	+	13517.53)	/	2 )	/	114584.93	*	365
=	14524.125					/	114584.93	*	365
=	46.27

Rain 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: Dec. 2022 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (15530.72	+	13517.53)	/	2 )	/	24870.56	*	365 / 2
=	14524.125					/	24870.56	*	365 / 2
=	106.58

Rain Industries Days Payable Related Terms

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Rain Industries Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Rain Industries Ltd (BOM:500339) » Definitions » Days Payable

Traded in Other Exchanges

RAIN:India

Address

34, Srinagar Colony, Rain Center, Hyderabad, TG, IND, 500073

Website

https://www.rain-industries.com

Rain Industries Ltd engages in the production of cement and other related products. The group operates through three segments namely Carbon Products, Advanced Materials, and Cement. The product portfolio of the group consists of Calcined Petroleum Coke, Green Petroleum Coke, Coal Tar Pitch, Co-generated Energy and other derivatives of coal tar distillation. In addition, it also focuses on the downstream operations of coal tar distillation and modifiers and is also involved in the manufacture and sale of cement. Geographically, the business of the firm is spread across the region of Europe, the United States, North America, Asia, and others.

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