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Vipul Organics (BOM:530627) Days Payable : 168.99 (As of Dec. 2023)


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What is Vipul Organics Days Payable?

Vipul Organics's average Accounts Payable for the three months ended in Dec. 2023 was ₹455 Mil. Vipul Organics's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹245 Mil. Hence, Vipul Organics's Days Payable for the three months ended in Dec. 2023 was 168.99.

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

BOM:530627' s Days Payable Range Over the Past 10 Years
Min: 107.87   Med: 117.76   Max: 158.54
Current: 157.82

During the past 13 years, Vipul Organics's highest Days Payable was 158.54. The lowest was 107.87. And the median was 117.76.

BOM:530627's Days Payable is ranked better than
90.67% of 1501 companies
in the Chemicals industry
Industry Median: 60.45 vs BOM:530627: 157.82

Vipul Organics's Days Payable declined from Dec. 2022 (214.22) to Dec. 2023 (168.99). It may suggest that Vipul Organics accelerated paying its suppliers.


Vipul Organics Days Payable Historical Data

The historical data trend for Vipul Organics'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.

Vipul Organics Days Payable Chart

Vipul Organics Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 117.60 158.54 155.63 153.74 153.90

Vipul Organics Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 214.22 161.53 122.64 174.22 168.99

Competitive Comparison of Vipul Organics's Days Payable

For the Specialty Chemicals subindustry, Vipul Organics'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.


Vipul Organics's Days Payable Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Vipul Organics's Days Payable distribution charts can be found below:

* The bar in red indicates where Vipul Organics's Days Payable falls into.



Vipul Organics 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.

Vipul Organics's Days Payable for the fiscal year that ended in Mar. 2023 is calculated as

Days Payable (A: Mar. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2022 ) + Accounts Payable (A: Mar. 2023 )) / count ) / Cost of Goods Sold (A: Mar. 2023 )*Days in Period
=( (391.066 + 333.539) / 2 ) / 859.249*365
=362.3025 / 859.249*365
=153.90

Vipul Organics's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

Days Payable (Q: Dec. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2023 ) + Accounts Payable (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (454.584 + 0) / 1 ) / 245.464*365 / 4
=454.584 / 245.464*365 / 4
=168.99

* 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.


Vipul Organics Days Payable Related Terms

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Vipul Organics (BOM:530627) Business Description

Traded in Other Exchanges
N/A
Address
Off. Western Express Highway, Sahar Road, B-603, Kaledonia, Andheri (East), Mumbai, MH, IND, 400069
Vipul Organics Ltd is engaged in the business of Dyestuff, Organic pigments and Organic intermediates in India and internationally. The company manufactures various products such as pigment powder, pigment dispersions, reactive dyes, direct dyes, acid dyes, naphthols, fast color bases, fast color salts, vat dyes and vat paste, basic dyes, food colors and lake colors, intermediates for dyestuffs and pigments, and herbal extracts. In addition, it serves various industries ranging from textile, paint, printing ink, cosmetics and food industry, plastic and much more. It derives key revenue from the exporting its products outside India.

Vipul Organics (BOM:530627) Headlines

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