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Mercury Trade Links (BOM:512415) Days Payable : 11.23 (As of Dec. 2024)


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What is Mercury Trade Links Days Payable?

Mercury Trade Links's average Accounts Payable for the three months ended in Dec. 2024 was ₹11.2 Mil. Mercury Trade Links's Cost of Goods Sold for the three months ended in Dec. 2024 was ₹91.0 Mil. Hence, Mercury Trade Links's Days Payable for the three months ended in Dec. 2024 was 11.23.

The historical rank and industry rank for Mercury Trade Links's Days Payable or its related term are showing as below:

BOM:512415' s Days Payable Range Over the Past 10 Years
Min: 11.92   Med: 21.37   Max: 320.31
Current: 61.02

During the past 13 years, Mercury Trade Links's highest Days Payable was 320.31. The lowest was 11.92. And the median was 21.37.

BOM:512415's Days Payable is ranked worse than
57.55% of 245 companies
in the Agriculture industry
Industry Median: 70.91 vs BOM:512415: 61.02

Mercury Trade Links's Days Payable declined from Dec. 2023 (119.84) to Dec. 2024 (11.23). It may suggest that Mercury Trade Links accelerated paying its suppliers.


Mercury Trade Links Days Payable Historical Data

The historical data trend for Mercury Trade Links'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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Mercury Trade Links Days Payable Chart

Mercury Trade Links Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.95 11.92 63.25 320.31 125.77

Mercury Trade Links 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 119.84 252.21 104.29 13.29 11.23

Competitive Comparison of Mercury Trade Links's Days Payable

For the Agricultural Inputs subindustry, Mercury Trade Links'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.


Mercury Trade Links's Days Payable Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Mercury Trade Links's Days Payable distribution charts can be found below:

* The bar in red indicates where Mercury Trade Links's Days Payable falls into.


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Mercury Trade Links 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.

Mercury Trade Links'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
=( (2.847 + 79.238) / 2 ) / 119.106*365
=41.0425 / 119.106*365
=125.77

Mercury Trade Links'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
=( (11.199 + 0) / 1 ) / 90.981*365 / 4
=11.199 / 90.981*365 / 4
=11.23

* 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.


Mercury Trade Links Days Payable Related Terms

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Mercury Trade Links Business Description

Traded in Other Exchanges
N/A
Address
SP Ring Road, 518 Swati Crimson and Clover Shilaj Circle, Thaltej, Ahmedabad, GJ, IND, 380054
Mercury Trade Links Ltd is engaged in the business of trading of Agriculture Products and other related materials. The company trades agro products, such as fertilizers, manures, plant or animal foods, pesticides, including insecticides, herbicides or pesticides and fungicides, and all types of rice, maize, milo, seeds, cotton seeds, soybeans, ground nuts, castors, linseeds, sunflower, coconut, rapeseed, almond, sesame, mustard, sea seed, grapeseed, etc.

Mercury Trade Links Headlines

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