Punjab Chemicals & Crop Protection (BOM:506618) Days Payable : 89.16 (As of Mar. 2024)

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What is Punjab Chemicals & Crop Protection Days Payable?

Punjab Chemicals & Crop Protection's average Accounts Payable for the three months ended in Mar. 2024 was ₹1,181 Mil. Punjab Chemicals & Crop Protection's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹1,209 Mil. Hence, Punjab Chemicals & Crop Protection's Days Payable for the three months ended in Mar. 2024 was 89.16.

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

BOM:506618' s Days Payable Range Over the Past 10 Years
Min: 77.78 Med: 94.34 Max: 134.75
Current: 85.56

During the past 13 years, Punjab Chemicals & Crop Protection's highest Days Payable was 134.75. The lowest was 77.78. And the median was 94.34.

BOM:506618's Days Payable is ranked better than
68.73% of 1506 companies
in the Chemicals industry
Industry Median: 61.065 vs BOM:506618: 85.56

Punjab Chemicals & Crop Protection's Days Payable declined from Mar. 2023 (106.19) to Mar. 2024 (89.16). It may suggest that Punjab Chemicals & Crop Protection accelerated paying its suppliers.

Punjab Chemicals & Crop Protection Days Payable Historical Data

The historical data trend for Punjab Chemicals & Crop Protection'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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Punjab Chemicals & Crop Protection Days Payable Chart

Punjab Chemicals & Crop Protection Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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112.93

90.89

78.32

77.78

81.97

Punjab Chemicals & Crop Protection 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															106.19	69.62	92.27	105.70	89.16

Competitive Comparison of Punjab Chemicals & Crop Protection's Days Payable

For the Chemicals subindustry, Punjab Chemicals & Crop Protection'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.

Punjab Chemicals & Crop Protection's Days Payable Distribution in the Chemicals Industry

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

* The bar in red indicates where Punjab Chemicals & Crop Protection's Days Payable falls into.

Punjab Chemicals & Crop Protection 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.

Punjab Chemicals & Crop Protection'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
=	( (1389.6	+	1181.4)	/	2 )	/	5724.4	*	365
=	1285.5					/	5724.4	*	365
=	81.97

Punjab Chemicals & Crop Protection'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	+	1181.4)	/	1 )	/	1209.1	*	365 / 4
=	1181.4					/	1209.1	*	365 / 4
=	89.16

Punjab Chemicals & Crop Protection Days Payable Related Terms

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Punjab Chemicals & Crop Protection (BOM:506618) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Punjab Chemicals & Crop Protection Ltd (BOM:506618) » Definitions » Days Payable

Traded in Other Exchanges

PUNJABCHEM:India

Address

New Link Road, Plot Number 645-646, Oberoi Chambers II, 5th Floor, Andheri (West), Mumbai, MH, IND, 400 053

Website

https://www.punjabchemicals.com

Punjab Chemicals & Crop Protection Ltd is involved in the chemical business. It provides technical and bulk agrochemicals, such as herbicides, insecticides, and fungicides; and pharmaceutical products, including APIs, intermediates, anti-oxidants, and fine chemicals, as well as intermediates for APIs; and industrial chemicals comprising phosphorus derivatives, oxalates, and intermediates. Geographically, the group has a business presence in India, Europe, Japan, and other countries, of which key revenue is derived from India. The firm operates in a single segment namely Performance Chemicals.

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