La Tim Metal & Industries (BOM:505693) Days Payable : 59.41 (As of Dec. 2024)

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What is La Tim Metal & Industries Days Payable?

La Tim Metal & Industries's average Accounts Payable for the three months ended in Dec. 2024 was ₹281 Mil. La Tim Metal & Industries's Cost of Goods Sold for the three months ended in Dec. 2024 was ₹432 Mil. Hence, La Tim Metal & Industries's Days Payable for the three months ended in Dec. 2024 was 59.41.

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

BOM:505693' s Days Payable Range Over the Past 10 Years
Min: 26.85 Med: 60.92 Max: 607.32
Current: 56.93

During the past 13 years, La Tim Metal & Industries's highest Days Payable was 607.32. The lowest was 26.85. And the median was 60.92.

BOM:505693's Days Payable is ranked better than
63.73% of 601 companies
in the Steel industry
Industry Median: 39.45 vs BOM:505693: 56.93

La Tim Metal & Industries's Days Payable declined from Dec. 2023 (66.51) to Dec. 2024 (59.41). It may suggest that La Tim Metal & Industries accelerated paying its suppliers.

La Tim Metal & Industries Days Payable Historical Data

The historical data trend for La Tim Metal & 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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La Tim Metal & Industries Days Payable Chart

La Tim Metal & Industries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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65.54

51.50

47.60

71.77

26.85

La Tim Metal & Industries 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															66.51	25.63	24.78	44.38	59.41

Competitive Comparison of La Tim Metal & Industries's Days Payable

For the Steel subindustry, La Tim Metal & 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.

La Tim Metal & Industries's Days Payable Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, La Tim Metal & Industries's Days Payable distribution charts can be found below:

* The bar in red indicates where La Tim Metal & Industries's Days Payable falls into.

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La Tim Metal & 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.

La Tim Metal & Industries'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
=	( (287.885	+	186.588)	/	2 )	/	3224.812	*	365
=	237.2365					/	3224.812	*	365
=	26.85

La Tim Metal & Industries'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
=	( (281.129	+	0)	/	1 )	/	431.799	*	365 / 4
=	281.129					/	431.799	*	365 / 4
=	59.41

La Tim Metal & Industries Days Payable Related Terms

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La Tim Metal & Industries Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » La Tim Metal & Industries Ltd (BOM:505693) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Bajaj Road, 2nd Floor, 201, Navkar Plaza, Vile Parle (West), Mumbai, MH, IND, 400056

Website

http://www.latimmetal.com

La Tim Metal & Industries Ltd is engaged in the business of importing coils and profile sheets of steel and trading them into the Indian market. The color coated coils and profiles are mainly consumed in construction and infrastructure sector. The company's two reporting segments are Trading of Goods and Real Estate Development Activity.

La Tim Metal & Industries Headlines

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