Indian Acrylics (BOM:514165) Days Payable : 160.90 (As of Mar. 2024)

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What is Indian Acrylics Days Payable?

Indian Acrylics's average Accounts Payable for the three months ended in Mar. 2024 was ₹1,285 Mil. Indian Acrylics's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹729 Mil. Hence, Indian Acrylics's Days Payable for the three months ended in Mar. 2024 was 160.90.

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

BOM:514165' s Days Payable Range Over the Past 10 Years
Min: 1.27 Med: 117.65 Max: 182.95
Current: 180.82

During the past 13 years, Indian Acrylics's highest Days Payable was 182.95. The lowest was 1.27. And the median was 117.65.

BOM:514165's Days Payable is ranked better than
90.4% of 1021 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 56.86 vs BOM:514165: 180.82

Indian Acrylics's Days Payable increased from Mar. 2023 (144.59) to Mar. 2024 (160.90). It may suggest that Indian Acrylics delayed paying its suppliers.

Indian Acrylics Days Payable Historical Data

The historical data trend for Indian Acrylics'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.

Indian Acrylics Days Payable Chart

Indian Acrylics Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

Get a 7-Day Free Trial

131.32

182.95

141.62

153.42

180.86

Indian Acrylics 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															144.59	255.61	128.27	204.29	160.90

Competitive Comparison of Indian Acrylics's Days Payable

For the Textile Manufacturing subindustry, Indian Acrylics'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.

Indian Acrylics's Days Payable Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Indian Acrylics's Days Payable distribution charts can be found below:

* The bar in red indicates where Indian Acrylics's Days Payable falls into.

Indian Acrylics 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.

Indian Acrylics'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
=	( (2392.853	+	1284.965)	/	2 )	/	3711.152	*	365
=	1838.909					/	3711.152	*	365
=	180.86

Indian Acrylics'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	+	1284.965)	/	1 )	/	728.714	*	365 / 4
=	1284.965					/	728.714	*	365 / 4
=	160.90

Indian Acrylics Days Payable Related Terms

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Indian Acrylics (BOM:514165) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Indian Acrylics Ltd (BOM:514165) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

Madhya Marg, SCO 49-50-51, Sector 26, Chandigarh, IND, 160019

Website

https://www.indianacrylics.com

Indian Acrylics Ltd is a manufacturer of acrylic fibre and acrylic yarn in India. The company operates in two segments: Fibre, which includes Staple Fibre, Tow and Tops, and Yarn, which include all kinds of Yarn manufactured and sold by the Company. Its products include Staple Fibre, Acrylic Fibre, Acrylic Tow, and Acrylic Tops. The majority of the revenue is generated in India and from the fibre segment and it exports to other countries as well.

Indian Acrylics (BOM:514165) Headlines

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