TPL Plastech (BOM:526582) Days Payable : 79.03 (As of Mar. 2024)

View and export this data going back to 1994. Start your Free Trial

What is TPL Plastech Days Payable?

TPL Plastech's average Accounts Payable for the three months ended in Mar. 2024 was ₹564 Mil. TPL Plastech's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹651 Mil. Hence, TPL Plastech's Days Payable for the three months ended in Mar. 2024 was 79.03.

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

BOM:526582' s Days Payable Range Over the Past 10 Years
Min: 67.49 Med: 105.8 Max: 152.8
Current: 81.28

During the past 13 years, TPL Plastech's highest Days Payable was 152.80. The lowest was 67.49. And the median was 105.80.

BOM:526582's Days Payable is ranked better than
66.76% of 364 companies
in the Packaging & Containers industry
Industry Median: 59.95 vs BOM:526582: 81.28

TPL Plastech's Days Payable declined from Mar. 2023 (79.80) to Mar. 2024 (79.03). It may suggest that TPL Plastech accelerated paying its suppliers.

TPL Plastech Days Payable Historical Data

The historical data trend for TPL Plastech'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.

TPL Plastech Days Payable Chart

TPL Plastech Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

Get a 7-Day Free Trial

119.11

152.80

121.13

102.32

78.55

TPL Plastech 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															79.80	83.43	85.81	82.56	79.03

Competitive Comparison of TPL Plastech's Days Payable

For the Packaging & Containers subindustry, TPL Plastech'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.

TPL Plastech's Days Payable Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, TPL Plastech's Days Payable distribution charts can be found below:

* The bar in red indicates where TPL Plastech's Days Payable falls into.

TPL Plastech 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.

TPL Plastech'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
=	( (503.532	+	563.695)	/	2 )	/	2479.504	*	365
=	533.6135					/	2479.504	*	365
=	78.55

TPL Plastech'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	+	563.695)	/	1 )	/	650.896	*	365 / 4
=	563.695					/	650.896	*	365 / 4
=	79.03

TPL Plastech Days Payable Related Terms

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

TPL Plastech (BOM:526582) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » TPL Plastech Ltd (BOM:526582) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

TPLPLASTEH:India

Address

Andheri Kurla Road, 203, 2nd Floor, Centre Point, Near J B Nagar Chakala Metro Station, J B Nagar, , Andheri (East), Mumbai, MH, IND, 400059

Website

https://www.tplplastech.in

TPL Plastech Ltd is a manufacturer of plastic drums in India. The company's product includes Narrow mouth drums; Narrow mouth and Wide Mouth Carboys; Open Top Drums - Bulk and Medium; QuBC and COBO IBC and small pack. The Company's operations fall under a single segment which is Polymer Products and all its business operations are in India.

TPL Plastech (BOM:526582) Headlines

No Headlines