Panama Petrochem (BOM:524820) Days Payable : 36.04 (As of Mar. 2024)

View and export this data going back to 2000. Start your Free Trial

What is Panama Petrochem Days Payable?

Panama Petrochem's average Accounts Payable for the three months ended in Mar. 2024 was ₹2,447 Mil. Panama Petrochem's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹6,195 Mil. Hence, Panama Petrochem's Days Payable for the three months ended in Mar. 2024 was 36.04.

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

BOM:524820' s Days Payable Range Over the Past 10 Years
Min: 45.7 Med: 94.74 Max: 144.05
Current: 45.7

During the past 13 years, Panama Petrochem's highest Days Payable was 144.05. The lowest was 45.70. And the median was 94.74.

BOM:524820's Days Payable is ranked worse than
61.29% of 899 companies
in the Oil & Gas industry
Industry Median: 61.13 vs BOM:524820: 45.70

Panama Petrochem's Days Payable declined from Mar. 2023 (57.16) to Mar. 2024 (36.04). It may suggest that Panama Petrochem accelerated paying its suppliers.

Panama Petrochem Days Payable Historical Data

The historical data trend for Panama Petrochem'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.

Panama Petrochem Days Payable Chart

Panama Petrochem Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

Get a 7-Day Free Trial

120.27

94.69

82.66

71.07

46.68

Panama Petrochem 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															57.16	53.89	44.51	50.34	36.04

Competitive Comparison of Panama Petrochem's Days Payable

For the Oil & Gas Refining & Marketing subindustry, Panama Petrochem'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.

Panama Petrochem's Days Payable Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Panama Petrochem's Days Payable distribution charts can be found below:

* The bar in red indicates where Panama Petrochem's Days Payable falls into.

Panama Petrochem 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.

Panama Petrochem'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
=	( (2607	+	2446.9)	/	2 )	/	19756.99	*	365
=	2526.95					/	19756.99	*	365
=	46.68

Panama Petrochem'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	+	2446.9)	/	1 )	/	6194.99	*	365 / 4
=	2446.9					/	6194.99	*	365 / 4
=	36.04

Panama Petrochem Days Payable Related Terms

Thank you for viewing the detailed overview of Panama Petrochem's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Panama Petrochem (BOM:524820) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Panama Petrochem Ltd (BOM:524820) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

PANAMAPET:India

Address

24, Turner Road, No. 401, Aza House, Next to Andhra Bank, Bandra (West), Mumbai, MH, IND, 400 050

Website

https://www.panamapetro.com

Panama Petrochem Ltd manufactures and exports petroleum specialty products. Its products are white oil/liquid paraffin oil, petroleum jelly, transformer oil, rubber process oil, industrial oils and greases, drilling fluids, and others. The products are used in inks and resins, printing, textiles, rubber, pharmaceuticals, cosmetics, power, cables, and for other industrial purposes. The geographical segment of the sales is divided into two segments Domestic and Overseas.

Panama Petrochem (BOM:524820) Headlines

No Headlines