Paramount Cosmetics (India) (BOM:507970) Days Payable : 43.77 (As of Dec. 2023)

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What is Paramount Cosmetics (India) Days Payable?

Paramount Cosmetics (India)'s average Accounts Payable for the three months ended in Dec. 2023 was ₹22.8 Mil. Paramount Cosmetics (India)'s Cost of Goods Sold for the three months ended in Dec. 2023 was ₹47.5 Mil. Hence, Paramount Cosmetics (India)'s Days Payable for the three months ended in Dec. 2023 was 43.77.

The historical rank and industry rank for Paramount Cosmetics (India)'s Days Payable or its related term are showing as below:

BOM:507970' s Days Payable Range Over the Past 10 Years
Min: 57.17 Med: 143.7 Max: 210.31
Current: 57.17

During the past 13 years, Paramount Cosmetics (India)'s highest Days Payable was 210.31. The lowest was 57.17. And the median was 143.70.

BOM:507970's Days Payable is ranked better than
62.17% of 1787 companies
in the Consumer Packaged Goods industry
Industry Median: 45.77 vs BOM:507970: 57.17

Paramount Cosmetics (India)'s Days Payable declined from Dec. 2022 (84.17) to Dec. 2023 (43.77). It may suggest that Paramount Cosmetics (India) accelerated paying its suppliers.

Paramount Cosmetics (India) Days Payable Historical Data

The historical data trend for Paramount Cosmetics (India)'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.

Paramount Cosmetics (India) Days Payable Chart

Paramount Cosmetics (India) Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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116.96

140.84

210.31

191.38

85.71

Paramount Cosmetics (India) Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															84.17	36.14	93.89	47.95	43.77

Competitive Comparison of Paramount Cosmetics (India)'s Days Payable

For the Household & Personal Products subindustry, Paramount Cosmetics (India)'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.

Paramount Cosmetics (India)'s Days Payable Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Paramount Cosmetics (India)'s Days Payable distribution charts can be found below:

* The bar in red indicates where Paramount Cosmetics (India)'s Days Payable falls into.

Paramount Cosmetics (India) 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.

Paramount Cosmetics (India)'s Days Payable for the fiscal year that ended in Mar. 2023 is calculated as

	Days Payable (A: Mar. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2022 )	+	Accounts Payable (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (38.703	+	25.998)	/	2 )	/	137.767	*	365
=	32.3505					/	137.767	*	365
=	85.71

Paramount Cosmetics (India)'s Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (22.77	+	0)	/	1 )	/	47.465	*	365 / 4
=	22.77					/	47.465	*	365 / 4
=	43.77

Paramount Cosmetics (India) Days Payable Related Terms

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Paramount Cosmetics (India) (BOM:507970) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Paramount Cosmetics (India) Ltd (BOM:507970) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 29, Mahatma Gandhi Road, 902-904, 9th Floor, Prestige Meridian-1, Bangalore, KA, IND, 560001

Website

https://www.parammount.com

Paramount Cosmetics (India) Ltd operates in the cosmetics industry. The company is a manufacturer and marketer of cosmetics in India. The firm offers cosmetic products under the brands - Shilpa, Sunspot, Kromme, and Instinct. It operates in five segments namely body care, hair care, face care, hand care and color cosmetics. The company operates within India and outside India of which maximum revenue is generated from India.

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