Jyoti Resins & Adhesives (BOM:514448) Days Payable : 41.17 (As of Dec. 2024)

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What is Jyoti Resins & Adhesives Days Payable?

Jyoti Resins & Adhesives's average Accounts Payable for the three months ended in Dec. 2024 was ₹97 Mil. Jyoti Resins & Adhesives's Cost of Goods Sold for the three months ended in Dec. 2024 was ₹214 Mil. Hence, Jyoti Resins & Adhesives's Days Payable for the three months ended in Dec. 2024 was 41.17.

The historical rank and industry rank for Jyoti Resins & Adhesives's Days Payable or its related term are showing as below:

BOM:514448' s Days Payable Range Over the Past 10 Years
Min: 6.79 Med: 39.16 Max: 115.02
Current: 46.7

During the past 13 years, Jyoti Resins & Adhesives's highest Days Payable was 115.02. The lowest was 6.79. And the median was 39.16.

BOM:514448's Days Payable is ranked worse than
62.54% of 1511 companies
in the Chemicals industry
Industry Median: 58.22 vs BOM:514448: 46.70

Jyoti Resins & Adhesives's Days Payable declined from Dec. 2023 (80.93) to Dec. 2024 (41.17). It may suggest that Jyoti Resins & Adhesives accelerated paying its suppliers.

Jyoti Resins & Adhesives Days Payable Historical Data

The historical data trend for Jyoti Resins & Adhesives'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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Jyoti Resins & Adhesives Days Payable Chart

Jyoti Resins & Adhesives Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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31.91

20.87

6.79

21.33

49.15

Jyoti Resins & Adhesives 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															80.93	29.50	43.88	46.94	41.17

Competitive Comparison of Jyoti Resins & Adhesives's Days Payable

For the Specialty Chemicals subindustry, Jyoti Resins & Adhesives'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.

Jyoti Resins & Adhesives's Days Payable Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Jyoti Resins & Adhesives's Days Payable distribution charts can be found below:

* The bar in red indicates where Jyoti Resins & Adhesives's Days Payable falls into.

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Jyoti Resins & Adhesives 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.

Jyoti Resins & Adhesives'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
=	( (142.048	+	99.019)	/	2 )	/	895.066	*	365
=	120.5335					/	895.066	*	365
=	49.15

Jyoti Resins & Adhesives'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
=	( (96.6	+	0)	/	1 )	/	214.1	*	365 / 4
=	96.6					/	214.1	*	365 / 4
=	41.17

Jyoti Resins & Adhesives Days Payable Related Terms

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Jyoti Resins & Adhesives Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Jyoti Resins & Adhesives Ltd (BOM:514448) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

S.G. Highway, 1104-1112 Ellite, Near Shapath Hexa, Near Sola Over bridge, Opposite Kargil Petrol pump, Ahmedabad, GJ, IND, 380060

Website

https://www.euro7000.com

Jyoti Resins & Adhesives Ltd is in the business of production of Wood Adhesives which are widely used in the fast-moving consumer market on days. The company has launched Euro 7000 under which it manufactures many types of wood adhesives. Some of its products include Euro 7000 Xtra, Euro WP, Euro Extreme3, Euro Ultra, and Euro PVC Glue.

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