Cubex Tubings (BOM:526027) Days Payable : 26.78 (As of Mar. 2024)

View and export this data going back to 1993. Start your Free Trial

What is Cubex Tubings Days Payable?

Cubex Tubings's average Accounts Payable for the three months ended in Mar. 2024 was ₹131 Mil. Cubex Tubings's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹447 Mil. Hence, Cubex Tubings's Days Payable for the three months ended in Mar. 2024 was 26.78.

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

BOM:526027' s Days Payable Range Over the Past 10 Years
Min: 20.26 Med: 42.04 Max: 95.49
Current: 24.47

During the past 13 years, Cubex Tubings's highest Days Payable was 95.49. The lowest was 20.26. And the median was 42.04.

BOM:526027's Days Payable is ranked worse than
88.88% of 1070 companies
in the Metals & Mining industry
Industry Median: 138.82 vs BOM:526027: 24.47

Cubex Tubings's Days Payable increased from Mar. 2023 (20.95) to Mar. 2024 (26.78). It may suggest that Cubex Tubings delayed paying its suppliers.

Cubex Tubings Days Payable Historical Data

The historical data trend for Cubex Tubings'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.

Cubex Tubings Days Payable Chart

Cubex Tubings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

Get a 7-Day Free Trial

83.51

95.49

55.36

31.97

23.60

Cubex Tubings 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															20.95	24.93	22.85	25.56	26.78

Competitive Comparison of Cubex Tubings's Days Payable

For the Copper subindustry, Cubex Tubings'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.

Cubex Tubings's Days Payable Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Cubex Tubings's Days Payable distribution charts can be found below:

* The bar in red indicates where Cubex Tubings's Days Payable falls into.

Cubex Tubings 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.

Cubex Tubings'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
=	( (123.286	+	131.089)	/	2 )	/	1967.504	*	365
=	127.1875					/	1967.504	*	365
=	23.60

Cubex Tubings'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	+	131.089)	/	1 )	/	446.698	*	365 / 4
=	131.089					/	446.698	*	365 / 4
=	26.78

Cubex Tubings Days Payable Related Terms

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

Cubex Tubings (BOM:526027) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Cubex Tubings Ltd (BOM:526027) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

CUBEXTUB:India

Address

Sarojini Devi Road, 1-7-27 to 34, 2nd Floor, Shyam Towers, United Building Complex, Secunderabad, TG, IND, 500003

Website

https://www.cubextubings.com

Cubex Tubings Ltd is a producer of copper and copper-base alloy products. It manufactures seamless tubes, rods, strips, profiles, and wires of copper and copper-based alloys such as Cupronickel, admiralty Brass, and Aluminum Brass. The products are used by the industries such as Power plants, Power plant manufacturers, switchgear, Refineries, Furnace manufacturers, Sugar plants, Automobile, Electrical Equipment industries, and Shipbuilding. The company operates in only one segment which is Copper and copper alloy products.

Cubex Tubings (BOM:526027) Headlines

No Headlines