Andhra Cements (BOM:532141) Days Payable : 279.98 (As of Mar. 2024)

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What is Andhra Cements Days Payable?

Andhra Cements's average Accounts Payable for the three months ended in Mar. 2024 was ₹747 Mil. Andhra Cements's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹243 Mil. Hence, Andhra Cements's Days Payable for the three months ended in Mar. 2024 was 279.98.

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

BOM:532141' s Days Payable Range Over the Past 10 Years
Min: 428.87 Med: 966.25 Max: 868678.75
Current: 620.53

During the past 13 years, Andhra Cements's highest Days Payable was 868678.75. The lowest was 428.87. And the median was 966.25.

BOM:532141's Days Payable is ranked better than
95.73% of 375 companies
in the Building Materials industry
Industry Median: 66.04 vs BOM:532141: 620.53

Andhra Cements's Days Payable declined from Mar. 2023 (540.05) to Mar. 2024 (279.98). It may suggest that Andhra Cements accelerated paying its suppliers.

Andhra Cements Days Payable Historical Data

The historical data trend for Andhra Cements'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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Andhra Cements Days Payable Chart

Andhra Cements Annual Data

Trend

Mar14

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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3,250.43

387,728.45

868,678.75

74,876.32

479.27

Andhra Cements 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															540.05	37.70	-	649.15	279.98

Competitive Comparison of Andhra Cements's Days Payable

For the Building Materials subindustry, Andhra Cements'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.

Andhra Cements's Days Payable Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Andhra Cements's Days Payable distribution charts can be found below:

* The bar in red indicates where Andhra Cements's Days Payable falls into.

Andhra Cements 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.

Andhra Cements'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
=	( (29	+	746.5)	/	2 )	/	295.3	*	365
=	387.75					/	295.3	*	365
=	479.27

Andhra Cements'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	+	746.5)	/	1 )	/	243.3	*	365 / 4
=	746.5					/	243.3	*	365 / 4
=	279.98

Andhra Cements Days Payable Related Terms

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Andhra Cements (BOM:532141) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Andhra Cements Ltd (BOM:532141) » Definitions » Days Payable

Traded in Other Exchanges

ACL:India

Address

Road No. 10, Plot No.111, Jubilee Hills, Hyderabad, TG, IND, 500033

Website

https://www.andhracements.com

Andhra Cements Ltd is an Indian company engaged in the manufacture and sale of cement and cement-related products. Its product includes Ordinary Portland cement, Portland cement, and Portland Slag cement. Geographically, it derives a majority of revenue from India.

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