India Cements Capital (BOM:511355) Days Payable : 432.85 (As of Dec. 2023)

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What is India Cements Capital Days Payable?

India Cements Capital's average Accounts Payable for the three months ended in Dec. 2023 was ₹37 Mil. India Cements Capital's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹8 Mil. Hence, India Cements Capital's Days Payable for the three months ended in Dec. 2023 was 432.85.

The historical rank and industry rank for India Cements Capital's Days Payable or its related term are showing as below:

BOM:511355' s Days Payable Range Over the Past 10 Years
Min: 1.01 Med: 4.08 Max: 19.13
Current: 5.19

During the past 13 years, India Cements Capital's highest Days Payable was 19.13. The lowest was 1.01. And the median was 4.08.

BOM:511355's Days Payable is ranked worse than
89.9% of 525 companies
in the Capital Markets industry
Industry Median: 102.67 vs BOM:511355: 5.19

India Cements Capital's Days Payable increased from Dec. 2022 (368.08) to Dec. 2023 (432.85). It may suggest that India Cements Capital delayed paying its suppliers.

India Cements Capital Days Payable Historical Data

The historical data trend for India Cements Capital'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.

India Cements Capital Days Payable Chart

India Cements Capital Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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3.11

1.01

19.13

11.61

4.28

India Cements Capital 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															368.08	1.21	409.58	550.71	432.85

Competitive Comparison of India Cements Capital's Days Payable

For the Capital Markets subindustry, India Cements Capital'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.

India Cements Capital's Days Payable Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, India Cements Capital's Days Payable distribution charts can be found below:

* The bar in red indicates where India Cements Capital's Days Payable falls into.

India Cements Capital 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.

India Cements Capital'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
=	( (21.326	+	27.326)	/	2 )	/	2074.107	*	365
=	24.326					/	2074.107	*	365
=	4.28

India Cements Capital'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
=	( (37.346	+	0)	/	1 )	/	7.873	*	365 / 4
=	37.346					/	7.873	*	365 / 4
=	432.85

India Cements Capital Days Payable Related Terms

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India Cements Capital (BOM:511355) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » India Cements Capital Ltd (BOM:511355) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 827, Dhun Building, Anna Salai, 3rd Floor, Chennai, TN, IND, 600002

Website

https://www.iccaps.com

India Cements Capital Ltd is a non-banking finance company. It is engaged in providing fee-based activities including risk management services for importers and exporters, money changing, travel services, interbank Forex broking and share broking.

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