TCPL Packaging (BOM:523301) Days Payable : 74.02 (As of Mar. 2024)

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What is TCPL Packaging Days Payable?

TCPL Packaging's average Accounts Payable for the three months ended in Mar. 2024 was ₹1,807 Mil. TCPL Packaging's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹2,228 Mil. Hence, TCPL Packaging's Days Payable for the three months ended in Mar. 2024 was 74.02.

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

BOM:523301' s Days Payable Range Over the Past 10 Years
Min: 50.3 Med: 64.46 Max: 72.61
Current: 69.02

During the past 13 years, TCPL Packaging's highest Days Payable was 72.61. The lowest was 50.30. And the median was 64.46.

BOM:523301's Days Payable is ranked better than
57.58% of 363 companies
in the Packaging & Containers industry
Industry Median: 60.37 vs BOM:523301: 69.02

TCPL Packaging's Days Payable increased from Mar. 2023 (62.57) to Mar. 2024 (74.02). It may suggest that TCPL Packaging delayed paying its suppliers.

TCPL Packaging Days Payable Historical Data

The historical data trend for TCPL Packaging'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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TCPL Packaging Days Payable Chart

TCPL Packaging Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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50.96

65.83

72.61

67.52

70.80

TCPL Packaging 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															62.57	69.28	61.47	68.18	74.02

Competitive Comparison of TCPL Packaging's Days Payable

For the Packaging & Containers subindustry, TCPL Packaging'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.

TCPL Packaging's Days Payable Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, TCPL Packaging's Days Payable distribution charts can be found below:

* The bar in red indicates where TCPL Packaging's Days Payable falls into.

TCPL Packaging 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.

TCPL Packaging'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
=	( (1621.509	+	1807.039)	/	2 )	/	8837.904	*	365
=	1714.274					/	8837.904	*	365
=	70.80

TCPL Packaging'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	+	1807.039)	/	1 )	/	2227.684	*	365 / 4
=	1807.039					/	2227.684	*	365 / 4
=	74.02

TCPL Packaging Days Payable Related Terms

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TCPL Packaging (BOM:523301) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » TCPL Packaging Ltd (BOM:523301) » Definitions » Days Payable

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TCPLPACK:India

Address

414, Senapati Bapat Marg, Empire Mills Complex, Lower Parel (West), Mumbai, MH, IND, 400 013

Website

https://www.tcpl.in

TCPL Packaging Ltd is engaged in the Printing and Packaging business. The company manufactures folding cartons, printed blanks and outers, litho-lamination, plastic cartons, blister packs, and shelf-ready packaging. Geographically, it derives a majority of its revenue from India. It serves FMCG, Food and Beverage, Liquor, Pharmaceuticals, and Other industries. It has one segment of business, which is Printing and Packaging.

TCPL Packaging (BOM:523301) Headlines

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