Polylink Polymers (India) (BOM:531454) Days Payable : 17.38 (As of Dec. 2023)

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What is Polylink Polymers (India) Days Payable?

Polylink Polymers (India)'s average Accounts Payable for the three months ended in Dec. 2023 was ₹27.6 Mil. Polylink Polymers (India)'s Cost of Goods Sold for the three months ended in Dec. 2023 was ₹145.0 Mil. Hence, Polylink Polymers (India)'s Days Payable for the three months ended in Dec. 2023 was 17.38.

The historical rank and industry rank for Polylink Polymers (India)'s Days Payable or its related term are showing as below:

BOM:531454' s Days Payable Range Over the Past 10 Years
Min: 16.92 Med: 24.13 Max: 36.14
Current: 16.92

During the past 13 years, Polylink Polymers (India)'s highest Days Payable was 36.14. The lowest was 16.92. And the median was 24.13.

BOM:531454's Days Payable is ranked worse than
92.75% of 1503 companies
in the Chemicals industry
Industry Median: 60.89 vs BOM:531454: 16.92

Polylink Polymers (India)'s Days Payable declined from Dec. 2022 (23.16) to Dec. 2023 (17.38). It may suggest that Polylink Polymers (India) accelerated paying its suppliers.

Polylink Polymers (India) Days Payable Historical Data

The historical data trend for Polylink Polymers (India)'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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Polylink Polymers (India) Days Payable Chart

Polylink Polymers (India) Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

Get a 7-Day Free Trial

22.99

26.20

33.58

25.27

21.44

Polylink Polymers (India) 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															23.16	18.28	15.85	18.68	17.38

Competitive Comparison of Polylink Polymers (India)'s Days Payable

For the Specialty Chemicals subindustry, Polylink Polymers (India)'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.

Polylink Polymers (India)'s Days Payable Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Polylink Polymers (India)'s Days Payable distribution charts can be found below:

* The bar in red indicates where Polylink Polymers (India)'s Days Payable falls into.

Polylink Polymers (India) 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.

Polylink Polymers (India)'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
=	( (24.627	+	21.268)	/	2 )	/	390.725	*	365
=	22.9475					/	390.725	*	365
=	21.44

Polylink Polymers (India)'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
=	( (27.628	+	0)	/	1 )	/	145.025	*	365 / 4
=	27.628					/	145.025	*	365 / 4
=	17.38

Polylink Polymers (India) Days Payable Related Terms

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Polylink Polymers (India) (BOM:531454) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Polylink Polymers (India) Ltd (BOM:531454) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

506, Saffron Building, Near Center Point, Ambawadi, Ahmedabad, GJ, IND, 380006

Website

https://www.polylinkpolymers.com

Polylink Polymers (India) Ltd is engaged in the manufacture of polymer compounds. The company is predominantly engaged in only one segment being Polymeric Compounds business. It offers a range of products including Filled PP Compound for Plastic Chair and Engineering Applications, Black Masterbatches, Colour Masterbatches, Wire and Cable Compounds, Compounds for Cable Jointing Accessories, Additive Masterbatches, and Filler for Woven and Non-Woven. The company's wire and cable compounds are used in power and telecommunication cables; special compounds for cable accessories; addictive masterbatches; and cross-linked PE compounds for use in pipes. Geographically, it derives a majority of its revenue from India.

Polylink Polymers (India) (BOM:531454) Headlines

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