Apcotex Industries (BOM:523694) Days Payable : 55.28 (As of Sep. 2024)

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What is Apcotex Industries Days Payable?

Apcotex Industries's average Accounts Payable for the three months ended in Sep. 2024 was ₹1,610 Mil. Apcotex Industries's Cost of Goods Sold for the three months ended in Sep. 2024 was ₹2,658 Mil. Hence, Apcotex Industries's Days Payable for the three months ended in Sep. 2024 was 55.28.

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

BOM:523694' s Days Payable Range Over the Past 10 Years
Min: 19.38 Med: 46.23 Max: 67.6
Current: 53.09

During the past 13 years, Apcotex Industries's highest Days Payable was 67.60. The lowest was 19.38. And the median was 46.23.

BOM:523694's Days Payable is ranked worse than
57.11% of 1504 companies
in the Chemicals industry
Industry Median: 60.18 vs BOM:523694: 53.09

Apcotex Industries's Days Payable increased from Sep. 2023 (49.36) to Sep. 2024 (55.28). It may suggest that Apcotex Industries delayed paying its suppliers.

Apcotex Industries Days Payable Historical Data

The historical data trend for Apcotex Industries'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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Apcotex Industries Days Payable Chart

Apcotex Industries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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51.30

67.60

52.55

51.70

55.17

Apcotex Industries Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Payable	Get a 7-Day Free Trial															49.36	52.75	55.26	49.86	55.28

Competitive Comparison of Apcotex Industries's Days Payable

For the Specialty Chemicals subindustry, Apcotex Industries'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.

Apcotex Industries's Days Payable Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Apcotex Industries's Days Payable distribution charts can be found below:

* The bar in red indicates where Apcotex Industries's Days Payable falls into.

Apcotex Industries 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.

Apcotex Industries'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
=	( (1021.158	+	1347.843)	/	2 )	/	7836.499	*	365
=	1184.5005					/	7836.499	*	365
=	55.17

Apcotex Industries's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

	Days Payable (Q: Sep. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2024 )	+	Accounts Payable (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (0	+	1609.918)	/	1 )	/	2657.528	*	365 / 4
=	1609.918					/	2657.528	*	365 / 4
=	55.28

Apcotex Industries Days Payable Related Terms

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Apcotex Industries Business Description

Industry

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APCOTEXIND:India

Address

Babubhai M. Chinai Marg, N. K. Mehta International House, 178, Backbay Reclamation, Mumbai, MH, IND, 400 020

Website

https://www.apcotex.com

Apcotex Industries Ltd is an India-based company engaged in producing emulsion polymers. It operates in a single primary business segment, i.e. Synthetic Lattices & Rubber. The various grades of Synthetic Rubber find application in products such as Automotive Components, Hoses, Gaskets, Rice De-husking Rollers, Printing and Industrial Rollers, Friction Materials, Belting, and Footwear. Latexes are used for Paper/Paper Board Coating, Carpet Backing, Tyre Cord Dipping, Construction, and others. Its market coverage includes sales in India and Overseas Countries. The company derives the majority of its revenue from Indian markets.

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