Kanpur Plastipacks (BOM:507779) Days Payable : 17.61 (As of Mar. 2024)

View and export this data going back to 1991. Start your Free Trial

What is Kanpur Plastipacks Days Payable?

Kanpur Plastipacks's average Accounts Payable for the three months ended in Mar. 2024 was ₹188 Mil. Kanpur Plastipacks's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹975 Mil. Hence, Kanpur Plastipacks's Days Payable for the three months ended in Mar. 2024 was 17.61.

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

BOM:507779' s Days Payable Range Over the Past 10 Years
Min: 10.73 Med: 13.95 Max: 19.6
Current: 19.04

During the past 13 years, Kanpur Plastipacks's highest Days Payable was 19.60. The lowest was 10.73. And the median was 13.95.

BOM:507779's Days Payable is ranked worse than
93.66% of 363 companies
in the Packaging & Containers industry
Industry Median: 59.64 vs BOM:507779: 19.04

Kanpur Plastipacks's Days Payable declined from Mar. 2023 (19.00) to Mar. 2024 (17.61). It may suggest that Kanpur Plastipacks accelerated paying its suppliers.

Kanpur Plastipacks Days Payable Historical Data

The historical data trend for Kanpur Plastipacks'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.

Kanpur Plastipacks Days Payable Chart

Kanpur Plastipacks Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

Get a 7-Day Free Trial

10.73

14.04

13.85

18.11

19.60

Kanpur Plastipacks 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															19.00	22.63	19.78	16.56	17.61

Competitive Comparison of Kanpur Plastipacks's Days Payable

For the Packaging & Containers subindustry, Kanpur Plastipacks'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.

Kanpur Plastipacks's Days Payable Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Kanpur Plastipacks's Days Payable distribution charts can be found below:

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

Kanpur Plastipacks 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.

Kanpur Plastipacks'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
=	( (143.432	+	188.182)	/	2 )	/	3088.012	*	365
=	165.807					/	3088.012	*	365
=	19.60

Kanpur Plastipacks'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	+	188.182)	/	1 )	/	975.128	*	365 / 4
=	188.182					/	975.128	*	365 / 4
=	17.61

Kanpur Plastipacks Days Payable Related Terms

Thank you for viewing the detailed overview of Kanpur Plastipacks's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Kanpur Plastipacks (BOM:507779) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Kanpur Plastipacks Ltd (BOM:507779) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

KANPRPLA:India

Address

D-19-20, Panki Industrial Area, P.O. Udyog Nagar, Kanpur, UP, IND, 208 022

Website

https://www.kanplas.com

Kanpur Plastipacks Ltd is engaged in the business of manufacturing HDPE/PP Woven Sacks, PP Box Bags, Flexible Intermediate Bulk Containers (FIBC's), Fabrics and High Tenacity PP Multi Filament Yam (MFY). Its primary segments include Plastic Division, Consignment Stockiest, and Solar Power Division. The company generates the majority of its revenue from the Plastic Division segment. The Plastic Division segment is engaged in the domestic and export sale of manufactured and traded plastic products. The Solar power division is engaged in the generation and supply of power. The same is consumed by the company in its manufacturing operations.

Kanpur Plastipacks (BOM:507779) Headlines

No Headlines