Rajasthan Tube Manufacturing Co (BOM:530253) Days Payable : 32.79 (As of Dec. 2024)

View and export this data going back to 2001. Start your Free Trial

What is Rajasthan Tube Manufacturing Co Days Payable?

Rajasthan Tube Manufacturing Co's average Accounts Payable for the three months ended in Dec. 2024 was ₹61.4 Mil. Rajasthan Tube Manufacturing Co's Cost of Goods Sold for the three months ended in Dec. 2024 was ₹170.8 Mil. Hence, Rajasthan Tube Manufacturing Co's Days Payable for the three months ended in Dec. 2024 was 32.79.

The historical rank and industry rank for Rajasthan Tube Manufacturing Co's Days Payable or its related term are showing as below:

BOM:530253' s Days Payable Range Over the Past 10 Years
Min: 13.99 Med: 33.88 Max: 68.49
Current: 55.5

During the past 13 years, Rajasthan Tube Manufacturing Co's highest Days Payable was 68.49. The lowest was 13.99. And the median was 33.88.

BOM:530253's Days Payable is ranked better than
63.06% of 601 companies
in the Steel industry
Industry Median: 39.45 vs BOM:530253: 55.50

Rajasthan Tube Manufacturing Co's Days Payable declined from Dec. 2023 (44.72) to Dec. 2024 (32.79). It may suggest that Rajasthan Tube Manufacturing Co accelerated paying its suppliers.

Rajasthan Tube Manufacturing Co Days Payable Historical Data

The historical data trend for Rajasthan Tube Manufacturing Co'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.

Rajasthan Tube Manufacturing Co Days Payable Chart

Rajasthan Tube Manufacturing Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

Get a 7-Day Free Trial

35.68

13.99

26.58

23.31

32.08

Rajasthan Tube Manufacturing Co 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															44.72	55.48	42.40	92.65	32.79

Competitive Comparison of Rajasthan Tube Manufacturing Co's Days Payable

For the Steel subindustry, Rajasthan Tube Manufacturing Co'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.

Rajasthan Tube Manufacturing Co's Days Payable Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Rajasthan Tube Manufacturing Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Rajasthan Tube Manufacturing Co's Days Payable falls into.

Save Embed

;

Save Embed

;

Rajasthan Tube Manufacturing Co 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.

Rajasthan Tube Manufacturing Co'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
=	( (50.394	+	109.58)	/	2 )	/	910.072	*	365
=	79.987					/	910.072	*	365
=	32.08

Rajasthan Tube Manufacturing Co'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
=	( (61.39	+	0)	/	1 )	/	170.818	*	365 / 4
=	61.39					/	170.818	*	365 / 4
=	32.79

Rajasthan Tube Manufacturing Co Days Payable Related Terms

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

Rajasthan Tube Manufacturing Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Rajasthan Tube Manufacturing Co Ltd (BOM:530253) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Maharkala Road, Jatawali Mod, 28-37, Banke Bihari Industrial Area, Village Dehra, Teh. Chomu, Jaipur, RJ, IND, 303806

Website

https://www.rajtube.com

Rajasthan Tube Manufacturing Co Ltd manufactures and trades in steel tubes, pipes, and sheets in India. It offers Electric Resistance Welding (ERW) steel black pipes, ERW steel galvanized pipes, and hot rolled steel sheets. Its steel black and galvanized steel pipes/tubes are used in various applications, such as water pipelines, water mains, sewerage systems, industrial water lines, crude oil piping, and cross-country pipelines. Its hot rolled steel sheets are used in making tubular products, including hot rolled coils, pipes, LPG cylinders, shuttering plates, and off late in the construction sector; as a component in the making of pressure vessels, in buildings, and hull and steel structures, as well as in boiler usage; and making critical safety parts and automobile suspension.

Rajasthan Tube Manufacturing Co Headlines

No Headlines