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Indokem (BOM:504092) Days Payable : 103.42 (As of Dec. 2024)


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What is Indokem Days Payable?

Indokem's average Accounts Payable for the three months ended in Dec. 2024 was ₹337 Mil. Indokem's Cost of Goods Sold for the three months ended in Dec. 2024 was ₹297 Mil. Hence, Indokem's Days Payable for the three months ended in Dec. 2024 was 103.42.

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

BOM:504092' s Days Payable Range Over the Past 10 Years
Min: 75.29   Med: 95.85   Max: 122.84
Current: 102.27

During the past 13 years, Indokem's highest Days Payable was 122.84. The lowest was 75.29. And the median was 95.85.

BOM:504092's Days Payable is ranked better than
77.55% of 1510 companies
in the Chemicals industry
Industry Median: 58.385 vs BOM:504092: 102.27

Indokem's Days Payable increased from Dec. 2023 (95.39) to Dec. 2024 (103.42). It may suggest that Indokem delayed paying its suppliers.


Indokem Days Payable Historical Data

The historical data trend for Indokem'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.

Indokem Days Payable Chart

Indokem 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 98.48 117.02 78.83 75.29 92.18

Indokem 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 95.39 104.47 114.60 103.21 103.42

Competitive Comparison of Indokem's Days Payable

For the Specialty Chemicals subindustry, Indokem'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.


Indokem's Days Payable Distribution in the Chemicals Industry

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

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


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Indokem 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.

Indokem'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
=( (254.8 + 314.6) / 2 ) / 1127.3*365
=284.7 / 1127.3*365
=92.18

Indokem'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
=( (336.5 + 0) / 1 ) / 296.9*365 / 4
=336.5 / 296.9*365 / 4
=103.42

* 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.


Indokem Days Payable Related Terms

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Indokem Business Description

Traded in Other Exchanges
N/A
Address
Mogul Lane, Plot No. 410 / 411, Khatau House, Mahim (West), Mumbai, MH, IND, 400016
Indokem Ltd is an India-based company engaged in the business of dyes, auxiliaries, and sizing chemicals and auxiliaries used in the textile industry. It is also engaged in the manufacturing and marketing of resins and chemicals. The company operates in two segments: including textile dyes and chemicals; and electrical capacitors. It generates the majority of the revenues from the sale of manufactured goods and traded goods.

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