TANFAC Industries (BOM:506854) Days Payable : 21.91 (As of Dec. 2024)

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What is TANFAC Industries Days Payable?

TANFAC Industries's average Accounts Payable for the three months ended in Dec. 2024 was ₹225 Mil. TANFAC Industries's Cost of Goods Sold for the three months ended in Dec. 2024 was ₹938 Mil. Hence, TANFAC Industries's Days Payable for the three months ended in Dec. 2024 was 21.91.

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

BOM:506854' s Days Payable Range Over the Past 10 Years
Min: 42.25 Med: 72.63 Max: 95.36
Current: 42.25

During the past 13 years, TANFAC Industries's highest Days Payable was 95.36. The lowest was 42.25. And the median was 72.63.

BOM:506854's Days Payable is ranked worse than
68.46% of 1509 companies
in the Chemicals industry
Industry Median: 59.08 vs BOM:506854: 42.25

TANFAC Industries's Days Payable declined from Dec. 2023 (51.15) to Dec. 2024 (21.91). It may suggest that TANFAC Industries accelerated paying its suppliers.

TANFAC Industries Days Payable Historical Data

The historical data trend for TANFAC 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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TANFAC Industries Days Payable Chart

TANFAC Industries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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72.40

87.31

60.45

62.99

72.86

TANFAC 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															51.15	57.14	74.73	36.51	21.91

Competitive Comparison of TANFAC Industries's Days Payable

For the Specialty Chemicals subindustry, TANFAC 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.

TANFAC Industries's Days Payable Distribution in the Chemicals Industry

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

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

TANFAC 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.

TANFAC 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
=	( (463.923	+	453.639)	/	2 )	/	2298.286	*	365
=	458.781					/	2298.286	*	365
=	72.86

TANFAC 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
=	( (225.165	+	0)	/	1 )	/	937.786	*	365 / 4
=	225.165					/	937.786	*	365 / 4
=	21.91

TANFAC Industries Days Payable Related Terms

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TANFAC Industries Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » TANFAC Industries Ltd (BOM:506854) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 66 Sir C.P. Ramaswamy Road, Oxford Centre, First Floor, Alwarpet, Chennai, TN, IND, 600 018

Website

https://www.tanfac.com

TANFAC Industries Ltd is a producer of hydrofluoric acid and its derivatives. It is engaged in the manufacture of anhydrous hydrofluoric acid, sulphuric acid, and oleum. aluminium fluoride, potassium fluoride, potassium bifluoride, boron trifluoride complexes, calcium sulphate (gypsum), isobutyl acetophenone, acetic acid, peracetic acid and poly aluminium chloride, etc.

TANFAC Industries Headlines

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