Apollo Pipes (BOM:531761) Days Payable : 80.98 (As of Mar. 2024)

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What is Apollo Pipes Days Payable?

Apollo Pipes's average Accounts Payable for the three months ended in Mar. 2024 was ₹1,669 Mil. Apollo Pipes's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹1,881 Mil. Hence, Apollo Pipes's Days Payable for the three months ended in Mar. 2024 was 80.98.

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

BOM:531761' s Days Payable Range Over the Past 10 Years
Min: 18.94 Med: 47.43 Max: 96.11
Current: 96.11

During the past 13 years, Apollo Pipes's highest Days Payable was 96.11. The lowest was 18.94. And the median was 47.43.

BOM:531761's Days Payable is ranked better than
61.02% of 1606 companies
in the Construction industry
Industry Median: 76.71 vs BOM:531761: 96.11

Apollo Pipes's Days Payable increased from Dec. 2022 (35.95) to Mar. 2024 (80.98). It may suggest that Apollo Pipes delayed paying its suppliers.

Apollo Pipes Days Payable Historical Data

The historical data trend for Apollo Pipes'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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Apollo Pipes Days Payable Chart

Apollo Pipes Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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64.01

56.88

31.98

44.25

72.83

Apollo Pipes Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															35.95	53.48	63.06	74.74	80.98

Competitive Comparison of Apollo Pipes's Days Payable

For the Building Products & Equipment subindustry, Apollo Pipes'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.

Apollo Pipes's Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, Apollo Pipes's Days Payable distribution charts can be found below:

* The bar in red indicates where Apollo Pipes's Days Payable falls into.

Apollo Pipes 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.

Apollo Pipes'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
=	( (1178.7	+	1669.315)	/	2 )	/	7136.204	*	365
=	1424.0075					/	7136.204	*	365
=	72.83

Apollo Pipes'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	+	1669.315)	/	1 )	/	1880.926	*	365 / 4
=	1669.315					/	1880.926	*	365 / 4
=	80.98

Apollo Pipes Days Payable Related Terms

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Apollo Pipes (BOM:531761) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Apollo Pipes Ltd (BOM:531761) » Definitions » Days Payable

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APOLLOPIPE:India

Address

A-140, Sector 136, Noida, UP, IND, 201301

Website

https://www.apollopipes.com

Apollo Pipes Ltd is engaged in the business of manufacturing a wide variety of pipes and related products used for agriculture, building and construction, and industrial purposes. The product portfolio includes CPVC pipes and fittings, uPVC and fittings (Threaded and Non-Threaded), SWR pipes and fittings, Sewerage pipes, HDPE pipes and fittings, Sprinkler System, uPVC pressure pipes and fittings, uPVC column pipes and Solvent cement.

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