Laffans Petrochemicals (BOM:524522) Days Payable : 408.36 (As of Dec. 2024)

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What is Laffans Petrochemicals Days Payable?

Laffans Petrochemicals's average Accounts Payable for the three months ended in Dec. 2024 was ₹35.05 Mil. Laffans Petrochemicals's Cost of Goods Sold for the three months ended in Dec. 2024 was ₹7.83 Mil. Hence, Laffans Petrochemicals's Days Payable for the three months ended in Dec. 2024 was 408.36.

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

BOM:524522' s Days Payable Range Over the Past 10 Years
Min: 1.84 Med: 67.59 Max: 262.92
Current: 72.73

During the past 13 years, Laffans Petrochemicals's highest Days Payable was 262.92. The lowest was 1.84. And the median was 67.59.

BOM:524522's Days Payable is ranked better than
61.61% of 1511 companies
in the Chemicals industry
Industry Median: 58.22 vs BOM:524522: 72.73

Laffans Petrochemicals's Days Payable increased from Dec. 2023 (36.95) to Dec. 2024 (408.36). It may suggest that Laffans Petrochemicals delayed paying its suppliers.

Laffans Petrochemicals Days Payable Historical Data

The historical data trend for Laffans Petrochemicals'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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Laffans Petrochemicals Days Payable Chart

Laffans Petrochemicals Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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48.32

93.15

68.69

30.13

1.84

Laffans Petrochemicals 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															36.95	1.85	3.57	72.60	408.36

Competitive Comparison of Laffans Petrochemicals's Days Payable

For the Chemicals subindustry, Laffans Petrochemicals'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.

Laffans Petrochemicals's Days Payable Distribution in the Chemicals Industry

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

* The bar in red indicates where Laffans Petrochemicals's Days Payable falls into.

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Laffans Petrochemicals 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.

Laffans Petrochemicals'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
=	( (0.216	+	0.388)	/	2 )	/	60.033	*	365
=	0.302					/	60.033	*	365
=	1.84

Laffans Petrochemicals'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
=	( (35.05	+	0)	/	1 )	/	7.832	*	365 / 4
=	35.05					/	7.832	*	365 / 4
=	408.36

Laffans Petrochemicals Days Payable Related Terms

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Laffans Petrochemicals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Laffans Petrochemicals Ltd (BOM:524522) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

Plot No. C-66, G-Block, ONE BKC, 13th Floor, 1302, B-Wing, Bandra Kurla Complex, Bandra (East), Mumbai, MH, IND, 400051

Website

https://www.laffanspetrochemical.com

Laffans Petrochemicals Ltd is engaged in dealing with petroleum chemicals. Principally, it is in the business of trading specialty chemicals on a wholesale basis through various distributors.

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