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Thirumalai Chemicals (BOM:500412) Days Payable : 126.36 (As of Dec. 2024)


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What is Thirumalai Chemicals Days Payable?

Thirumalai Chemicals's average Accounts Payable for the three months ended in Dec. 2024 was ₹5,011 Mil. Thirumalai Chemicals's Cost of Goods Sold for the three months ended in Dec. 2024 was ₹3,619 Mil. Hence, Thirumalai Chemicals's Days Payable for the three months ended in Dec. 2024 was 126.36.

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

BOM:500412' s Days Payable Range Over the Past 10 Years
Min: 54.1   Med: 107.01   Max: 136.66
Current: 109.03

During the past 13 years, Thirumalai Chemicals's highest Days Payable was 136.66. The lowest was 54.10. And the median was 107.01.

BOM:500412's Days Payable is ranked better than
80.32% of 1509 companies
in the Chemicals industry
Industry Median: 58.5 vs BOM:500412: 109.03

Thirumalai Chemicals's Days Payable increased from Dec. 2023 (100.97) to Dec. 2024 (126.36). It may suggest that Thirumalai Chemicals delayed paying its suppliers.


Thirumalai Chemicals Days Payable Historical Data

The historical data trend for Thirumalai 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.

* Premium members only.

Thirumalai Chemicals Days Payable Chart

Thirumalai Chemicals Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 123.54 136.66 104.25 112.54 109.76

Thirumalai Chemicals Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 100.97 105.02 108.63 115.05 126.36

Competitive Comparison of Thirumalai Chemicals's Days Payable

For the Specialty Chemicals subindustry, Thirumalai 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.


Thirumalai Chemicals's Days Payable Distribution in the Chemicals Industry

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

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


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Thirumalai 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.

Thirumalai Chemicals'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
=( (4970.6 + 5163.2) / 2 ) / 16849.9*365
=5066.9 / 16849.9*365
=109.76

Thirumalai Chemicals's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

Days Payable (Q: Dec. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2024 ) + Accounts Payable (Q: Dec. 2024 )) / count ) / Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=( (5010.8 + 0) / 1 ) / 3618.6*365 / 4
=5010.8 / 3618.6*365 / 4
=126.36

* 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.


Thirumalai Chemicals Days Payable Related Terms

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Thirumalai Chemicals Business Description

Traded in Other Exchanges
Address
Road No. 29, Thirumalai House, Plot No. 101-102, Near Sion Hill Fort, Sion (East), Mumbai, MH, IND, 400 022
Thirumalai Chemicals Ltd is an India-based company engaged in the manufacturing and sale of organic chemicals. Its products include phthalic anhydride, maleic anhydride, malic acid, fumaric acid and diethyl phthalate. It serves the plastics, paints, food, cosmetic, and pharmaceutical industries. Geographically it earns majority of the revenue from India followed by the rest of the world.

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