HCP Plastene Bulkpack (BOM:526717) Days Payable : 6.63 (As of Mar. 2024)

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What is HCP Plastene Bulkpack Days Payable?

HCP Plastene Bulkpack's average Accounts Payable for the three months ended in Mar. 2024 was ₹36 Mil. HCP Plastene Bulkpack's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹491 Mil. Hence, HCP Plastene Bulkpack's Days Payable for the three months ended in Mar. 2024 was 6.63.

The historical rank and industry rank for HCP Plastene Bulkpack's Days Payable or its related term are showing as below:

BOM:526717' s Days Payable Range Over the Past 10 Years
Min: 9.67 Med: 47.28 Max: 1365.43
Current: 10.62

During the past 13 years, HCP Plastene Bulkpack's highest Days Payable was 1365.43. The lowest was 9.67. And the median was 47.28.

BOM:526717's Days Payable is ranked worse than
98.07% of 363 companies
in the Packaging & Containers industry
Industry Median: 60.37 vs BOM:526717: 10.62

HCP Plastene Bulkpack's Days Payable declined from Mar. 2023 (11.12) to Mar. 2024 (6.63). It may suggest that HCP Plastene Bulkpack accelerated paying its suppliers.

HCP Plastene Bulkpack Days Payable Historical Data

The historical data trend for HCP Plastene Bulkpack'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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HCP Plastene Bulkpack Days Payable Chart

HCP Plastene Bulkpack Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

Get a 7-Day Free Trial

1,365.43

521.63

52.63

19.21

9.67

HCP Plastene Bulkpack 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															11.12	15.08	11.61	11.50	6.63

Competitive Comparison of HCP Plastene Bulkpack's Days Payable

For the Packaging & Containers subindustry, HCP Plastene Bulkpack'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.

HCP Plastene Bulkpack's Days Payable Distribution in the Packaging & Containers Industry

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

* The bar in red indicates where HCP Plastene Bulkpack's Days Payable falls into.

HCP Plastene Bulkpack 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.

HCP Plastene Bulkpack'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
=	( (70.435	+	35.669)	/	2 )	/	2002.515	*	365
=	53.052					/	2002.515	*	365
=	9.67

HCP Plastene Bulkpack'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	+	35.669)	/	1 )	/	491.001	*	365 / 4
=	35.669					/	491.001	*	365 / 4
=	6.63

HCP Plastene Bulkpack Days Payable Related Terms

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HCP Plastene Bulkpack (BOM:526717) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » HCP Plastene Bulkpack Ltd (BOM:526717) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

13, Nav Bharat society, H.B.Jirawala House, Usmanpura, Ahmedabad, GJ, IND, 380013

Website

http://www.gopalapolyplast.com

HCP Plastene Bulkpack Ltd, formerly Gopala Polyplast Ltd manufactures and sells woven sacks and labels primarily in India. The company provides high-density polyethylene woven bags & sacks and textile woven labels. The firm operates its business through two segments: Woven Sacks and Woven Label. The Woven Sacks segment which accounts for a majority of the firm's revenue offers package solutions to the manufacturing and cement industries. Its products include Bopp Laminated PP Woven Bags, Woven Fabric / Label / Laces, PP Woven Sacks, and AD*STAR bags which are used for cement packaging. Geographically all the activities function through the region of India.

HCP Plastene Bulkpack (BOM:526717) Headlines

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