TGV Sraac (BOM:507753) Days Payable : 34.96 (As of Mar. 2024)

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What is TGV Sraac Days Payable?

TGV Sraac's average Accounts Payable for the three months ended in Mar. 2024 was ₹476 Mil. TGV Sraac's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹1,242 Mil. Hence, TGV Sraac's Days Payable for the three months ended in Mar. 2024 was 34.96.

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

BOM:507753' s Days Payable Range Over the Past 10 Years
Min: 41.88 Med: 59.39 Max: 84.21
Current: 42.24

During the past 13 years, TGV Sraac's highest Days Payable was 84.21. The lowest was 41.88. And the median was 59.39.

BOM:507753's Days Payable is ranked worse than
69.02% of 1501 companies
in the Chemicals industry
Industry Median: 60.59 vs BOM:507753: 42.24

TGV Sraac's Days Payable declined from Mar. 2023 (40.64) to Mar. 2024 (34.96). It may suggest that TGV Sraac accelerated paying its suppliers.

TGV Sraac Days Payable Historical Data

The historical data trend for TGV Sraac'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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TGV Sraac Days Payable Chart

TGV Sraac Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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54.25

59.98

53.73

41.88

42.48

TGV Sraac 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															40.64	48.14	44.43	40.97	34.96

Competitive Comparison of TGV Sraac's Days Payable

For the Chemicals subindustry, TGV Sraac'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.

TGV Sraac's Days Payable Distribution in the Chemicals Industry

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

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

TGV Sraac 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.

TGV Sraac'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
=	( (674.579	+	475.7)	/	2 )	/	4941.8	*	365
=	575.1395					/	4941.8	*	365
=	42.48

TGV Sraac'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	+	475.7)	/	1 )	/	1241.7	*	365 / 4
=	475.7					/	1241.7	*	365 / 4
=	34.96

TGV Sraac Days Payable Related Terms

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TGV Sraac (BOM:507753) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » TGV Sraac Ltd (BOM:507753) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

40-304, Krishna Jyothsna Complex, 2nd Floor, Bhagya Nagar, Kurnool, AP, IND, 518 004

Website

http://www.tgvgroup.com

TGV Sraac Ltd operates in the chemical business. The company has two segments namely Chemicals, Oils and Fats. The Chemical segment includes Caustic Soda Lye/ Flakes, Chlorine, Hydrochloric Acid, Potassium Hydroxide Lye/ Flakes and chloromethanes. Whereas Oils and Fats segment products consist of Hydrogenated Castor Oil, 12-Hydroxy Stearic Acid, Stearic Acid and Soap Noodles. It generates maximum revenue from the Chemicals segment.

TGV Sraac (BOM:507753) Headlines

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