Aarti Industries (BOM:524208) Days Payable : 44.39 (As of Mar. 2024)

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What is Aarti Industries Days Payable?

Aarti Industries's average Accounts Payable for the three months ended in Mar. 2024 was ₹5,210 Mil. Aarti Industries's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹10,710 Mil. Hence, Aarti Industries's Days Payable for the three months ended in Mar. 2024 was 44.39.

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

BOM:524208' s Days Payable Range Over the Past 10 Years
Min: 35.62 Med: 45.71 Max: 58.74
Current: 49.4

During the past 13 years, Aarti Industries's highest Days Payable was 58.74. The lowest was 35.62. And the median was 45.71.

BOM:524208's Days Payable is ranked worse than
62.49% of 1501 companies
in the Chemicals industry
Industry Median: 60.48 vs BOM:524208: 49.40

Aarti Industries's Days Payable increased from Mar. 2023 (38.41) to Mar. 2024 (44.39). It may suggest that Aarti Industries delayed paying its suppliers.

Aarti Industries Days Payable Historical Data

The historical data trend for Aarti 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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Aarti Industries Days Payable Chart

Aarti Industries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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42.69

58.74

46.68

35.62

43.55

Aarti Industries 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															38.41	43.32	69.35	53.79	44.39

Competitive Comparison of Aarti Industries's Days Payable

For the Specialty Chemicals subindustry, Aarti 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.

Aarti Industries's Days Payable Distribution in the Chemicals Industry

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

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

Aarti 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.

Aarti 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
=	( (4049.3	+	5210)	/	2 )	/	38800	*	365
=	4629.65					/	38800	*	365
=	43.55

Aarti Industries'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	+	5210)	/	1 )	/	10710	*	365 / 4
=	5210					/	10710	*	365 / 4
=	44.39

Aarti Industries Days Payable Related Terms

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Aarti Industries (BOM:524208) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Aarti Industries Ltd (BOM:524208) » Definitions » Days Payable

Comparable Companies

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AARTIIND:India

Address

Mulund Goregaon Link Road, L.B.S. Marg, 71, Udyog Kshetra, 2nd Floor, Mulund (West), Mumbai, MH, IND, 400080

Website

https://www.aarti-industries.com

Aarti Industries Ltd manufactures and sells chemicals and chemical-based products in two segments based on the product type. The Specialty chemical segment, which generates the majority of revenue, sells benzene-based chemicals, which are used in agricultural products, dyes and pigments, and flavors and fragrances. The Pharmaceuticals segment sells drugs used to treat diarrhea, inflammation, asthma, as well as antibiotics and antidiabetics. More revenue comes from India than any other country or region.

Aarti Industries (BOM:524208) Headlines

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