GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Deccan Cements Ltd (BOM:502137) » Definitions » Days Payable

Deccan Cements (BOM:502137) Days Payable : 39.75 (As of Dec. 2023)


View and export this data going back to 1991. Start your Free Trial

What is Deccan Cements Days Payable?

Deccan Cements's average Accounts Payable for the three months ended in Dec. 2023 was ₹467 Mil. Deccan Cements's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹1,072 Mil. Hence, Deccan Cements's Days Payable for the three months ended in Dec. 2023 was 39.75.

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

BOM:502137' s Days Payable Range Over the Past 10 Years
Min: 4.53   Med: 34.2   Max: 170.2
Current: 38.98

During the past 13 years, Deccan Cements's highest Days Payable was 170.20. The lowest was 4.53. And the median was 34.20.

BOM:502137's Days Payable is ranked worse than
76.01% of 371 companies
in the Building Materials industry
Industry Median: 66.27 vs BOM:502137: 38.98

Deccan Cements's Days Payable increased from Dec. 2022 (37.37) to Dec. 2023 (39.75). It may suggest that Deccan Cements delayed paying its suppliers.


Deccan Cements Days Payable Historical Data

The historical data trend for Deccan Cements'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.

Deccan Cements Days Payable Chart

Deccan Cements Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.53 20.71 35.20 35.30 37.02

Deccan Cements 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 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 37.37 31.25 55.95 50.95 39.75

Competitive Comparison of Deccan Cements's Days Payable

For the Building Materials subindustry, Deccan Cements'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.


Deccan Cements's Days Payable Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Deccan Cements's Days Payable distribution charts can be found below:

* The bar in red indicates where Deccan Cements's Days Payable falls into.



Deccan Cements 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.

Deccan Cements's Days Payable for the fiscal year that ended in Mar. 2023 is calculated as

Days Payable (A: Mar. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2022 ) + Accounts Payable (A: Mar. 2023 )) / count ) / Cost of Goods Sold (A: Mar. 2023 )*Days in Period
=( (302.5 + 548.548) / 2 ) / 4195.853*365
=425.524 / 4195.853*365
=37.02

Deccan Cements'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
=( (467.036 + 0) / 1 ) / 1072.132*365 / 4
=467.036 / 1072.132*365 / 4
=39.75

* 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.


Deccan Cements Days Payable Related Terms

Thank you for viewing the detailed overview of Deccan Cements's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.


Deccan Cements (BOM:502137) Business Description

Traded in Other Exchanges
Address
Deccan Chambers, 6-3-666/B, 6th Floor, Somajiguda, Hyderabad, TG, IND, 500082
Deccan Cements Ltd is engaged in the manufacturing and marketing of cement in India. It produces cement in form of Clinker, Portland cement, Slag cement and similar. In addition, it is also engaged in the generation of electricity. Its power division includes Thermal, Hydel, and Wind. The firm sells its product under Deccan Cements brand.

Deccan Cements (BOM:502137) Headlines

No Headlines