Tamilnadu Petroproducts (BOM:500777) Days Payable : 34.70 (As of Mar. 2024)

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What is Tamilnadu Petroproducts Days Payable?

Tamilnadu Petroproducts's average Accounts Payable for the three months ended in Mar. 2024 was ₹1,018 Mil. Tamilnadu Petroproducts's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹2,678 Mil. Hence, Tamilnadu Petroproducts's Days Payable for the three months ended in Mar. 2024 was 34.70.

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

BOM:500777' s Days Payable Range Over the Past 10 Years
Min: 21.11 Med: 38.71 Max: 90.74
Current: 34.14

During the past 13 years, Tamilnadu Petroproducts's highest Days Payable was 90.74. The lowest was 21.11. And the median was 38.71.

BOM:500777's Days Payable is ranked worse than
76.42% of 1501 companies
in the Chemicals industry
Industry Median: 60.44 vs BOM:500777: 34.14

Tamilnadu Petroproducts's Days Payable increased from Mar. 2023 (30.37) to Mar. 2024 (34.70). It may suggest that Tamilnadu Petroproducts delayed paying its suppliers.

Tamilnadu Petroproducts Days Payable Historical Data

The historical data trend for Tamilnadu Petroproducts'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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Tamilnadu Petroproducts Days Payable Chart

Tamilnadu Petroproducts Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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30.63

31.80

21.11

22.54

36.43

Tamilnadu Petroproducts 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															30.37	33.57	27.99	36.52	34.70

Competitive Comparison of Tamilnadu Petroproducts's Days Payable

For the Specialty Chemicals subindustry, Tamilnadu Petroproducts'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.

Tamilnadu Petroproducts's Days Payable Distribution in the Chemicals Industry

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

* The bar in red indicates where Tamilnadu Petroproducts's Days Payable falls into.

Tamilnadu Petroproducts 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.

Tamilnadu Petroproducts'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
=	( (927.047	+	1018.3)	/	2 )	/	9746.5	*	365
=	972.6735					/	9746.5	*	365
=	36.43

Tamilnadu Petroproducts'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	+	1018.3)	/	1 )	/	2677.8	*	365 / 4
=	1018.3					/	2677.8	*	365 / 4
=	34.70

Tamilnadu Petroproducts Days Payable Related Terms

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Tamilnadu Petroproducts (BOM:500777) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Tamilnadu Petroproducts Ltd (BOM:500777) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

TNPETRO:India

Address

Manali Express Highway, Manali, Chennai, TN, IND, 600 068

Website

https://www.tnpetro.com

Tamilnadu Petroproducts Ltd is engaged in the manufacturing and sale of petrochemical products. Its product portfolio includes Linear Alkyl Benzene (LAB), Caustic Soda Chlorine, and Derivatives. The company derives maximum revenue from the sale of Linear Alkyl Benzene (LAB) products. The company has its unit situated in Manali, Chennai. Geographically, it generates a majority of revenue from India.

Tamilnadu Petroproducts (BOM:500777) Headlines

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