RR Metalmakers India (BOM:531667) Days Payable : 115.86 (As of Mar. 2024)

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What is RR Metalmakers India Days Payable?

RR Metalmakers India's average Accounts Payable for the three months ended in Mar. 2024 was ₹234.4 Mil. RR Metalmakers India's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹184.6 Mil. Hence, RR Metalmakers India's Days Payable for the three months ended in Mar. 2024 was 115.86.

The historical rank and industry rank for RR Metalmakers India's Days Payable or its related term are showing as below:

BOM:531667' s Days Payable Range Over the Past 10 Years
Min: 40.53 Med: 74.82 Max: 144.27
Current: 76.47

During the past 13 years, RR Metalmakers India's highest Days Payable was 144.27. The lowest was 40.53. And the median was 74.82.

BOM:531667's Days Payable is ranked better than
73.58% of 583 companies
in the Steel industry
Industry Median: 41.6 vs BOM:531667: 76.47

RR Metalmakers India's Days Payable increased from Mar. 2023 (95.74) to Mar. 2024 (115.86). It may suggest that RR Metalmakers India delayed paying its suppliers.

RR Metalmakers India Days Payable Historical Data

The historical data trend for RR Metalmakers 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.

* Premium members only.

RR Metalmakers India Days Payable Chart

RR Metalmakers India Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

Get a 7-Day Free Trial

54.90

73.17

72.19

94.95

76.47

RR Metalmakers India 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															95.74	26.81	-	-	115.86

Competitive Comparison of RR Metalmakers India's Days Payable

For the Steel subindustry, RR Metalmakers 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.

RR Metalmakers India's Days Payable Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, RR Metalmakers India's Days Payable distribution charts can be found below:

* The bar in red indicates where RR Metalmakers India's Days Payable falls into.

RR Metalmakers 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.

RR Metalmakers India'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
=	( (140.137	+	234.403)	/	2 )	/	893.91	*	365
=	187.27					/	893.91	*	365
=	76.47

RR Metalmakers India'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	+	234.403)	/	1 )	/	184.608	*	365 / 4
=	234.403					/	184.608	*	365 / 4
=	115.86

RR Metalmakers India Days Payable Related Terms

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RR Metalmakers India (BOM:531667) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » RR Metalmakers India Ltd (BOM:531667) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

93/95, Kazi Sayed Street, 2nd Floor, Sugar House, Masjid Bunder West, Mumbai, MH, IND, 400 003

Website

https://www.rrmetalmakers.com

RR Metalmakers India Ltd is engaged in the trading business of Steel and Iron Ores segments. It offers ERW PIPES, PPGI COLOUR COILS, PPGI courrgated profile sheets, Galvanised G.P. coils/sheets, Galvanised corrugated sheets, Hot Rolled Steel Coils / Sheets, etc. The company operates in two segments which are the Trade and manufacturing of Iron Ores and Steel. It generates key revenue from Steel and Iron Ores Trading.

RR Metalmakers India (BOM:531667) Headlines

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