The South India Paper Mills (BOM:516108) Days Payable : 29.90 (As of Mar. 2024)

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What is The South India Paper Mills Days Payable?

The South India Paper Mills's average Accounts Payable for the three months ended in Mar. 2024 was ₹174 Mil. The South India Paper Mills's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹531 Mil. Hence, The South India Paper Mills's Days Payable for the three months ended in Mar. 2024 was 29.90.

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

BOM:516108' s Days Payable Range Over the Past 10 Years
Min: 31.46 Med: 43.6 Max: 62.97
Current: 60.31

During the past 13 years, The South India Paper Mills's highest Days Payable was 62.97. The lowest was 31.46. And the median was 43.60.

BOM:516108's Days Payable is ranked better than
52.88% of 278 companies
in the Forest Products industry
Industry Median: 57.6 vs BOM:516108: 60.31

The South India Paper Mills's Days Payable declined from Dec. 2022 (70.06) to Mar. 2024 (29.90). It may suggest that The South India Paper Mills accelerated paying its suppliers.

The South India Paper Mills Days Payable Historical Data

The historical data trend for The South India Paper Mills'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.

The South India Paper Mills Days Payable Chart

The South India Paper Mills Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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44.44

35.76

31.46

62.97

54.52

The South India Paper Mills Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															70.06	74.88	54.30	32.26	29.90

Competitive Comparison of The South India Paper Mills's Days Payable

For the Paper & Paper Products subindustry, The South India Paper Mills'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.

The South India Paper Mills's Days Payable Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, The South India Paper Mills's Days Payable distribution charts can be found below:

* The bar in red indicates where The South India Paper Mills's Days Payable falls into.

The South India Paper Mills 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.

The South India Paper Mills'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
=	( (340.843	+	174.047)	/	2 )	/	1723.526	*	365
=	257.445					/	1723.526	*	365
=	54.52

The South India Paper Mills'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	+	174.047)	/	1 )	/	531.236	*	365 / 4
=	174.047					/	531.236	*	365 / 4
=	29.90

The South India Paper Mills Days Payable Related Terms

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The South India Paper Mills (BOM:516108) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » The South India Paper Mills Ltd (BOM:516108) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

M.G. Road, No. 1205/1206, Prestige Meridian 2nd, Bangalore, KA, IND, 560001

Website

http://www.sipaper.com

The South India Paper Mills Ltd is the manufacturer of corrugating raw material and paper boards. It is also engaged in the manufacture of corrugated paper and paperboard, and containers of paper and paperboard and power generation. The company's only reportable business segment is Paper and paper products. The firm operates in India. The majority of the company's revenues are generated through paper and paper products.

The South India Paper Mills (BOM:516108) Headlines

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