Sicagen India (BOM:533014) Days Payable : 20.34 (As of Dec. 2024)

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What is Sicagen India Days Payable?

Sicagen India's average Accounts Payable for the three months ended in Dec. 2024 was ₹408 Mil. Sicagen India's Cost of Goods Sold for the three months ended in Dec. 2024 was ₹1,832 Mil. Hence, Sicagen India's Days Payable for the three months ended in Dec. 2024 was 20.34.

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

BOM:533014' s Days Payable Range Over the Past 10 Years
Min: 19.6 Med: 38.75 Max: 74.17
Current: 27.21

During the past 13 years, Sicagen India's highest Days Payable was 74.17. The lowest was 19.60. And the median was 38.75.

BOM:533014's Days Payable is ranked worse than
67.33% of 603 companies
in the Steel industry
Industry Median: 39.3 vs BOM:533014: 27.21

Sicagen India's Days Payable increased from Dec. 2023 (16.77) to Dec. 2024 (20.34). It may suggest that Sicagen India delayed paying its suppliers.

Sicagen India Days Payable Historical Data

The historical data trend for Sicagen 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.

Sicagen India Days Payable Chart

Sicagen India Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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74.17

59.15

42.53

40.12

37.37

Sicagen India Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Payable	Get a 7-Day Free Trial															16.77	41.89	40.35	21.56	20.34

Competitive Comparison of Sicagen India's Days Payable

For the Steel subindustry, Sicagen 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.

Sicagen India's Days Payable Distribution in the Steel Industry

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

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

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Sicagen 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.

Sicagen 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
=	( (534.5	+	921.5)	/	2 )	/	7111.1	*	365
=	728					/	7111.1	*	365
=	37.37

Sicagen India's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

	Days Payable (Q: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2024 )	+	Accounts Payable (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (408.4	+	0)	/	1 )	/	1831.8	*	365 / 4
=	408.4					/	1831.8	*	365 / 4
=	20.34

Sicagen India Days Payable Related Terms

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Sicagen India Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Sicagen India Ltd (BOM:533014) » Definitions » Days Payable

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Traded in Other Exchanges

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Address

No. 88, Mount Road, 4th Floor, SPIC House, Guindy, Chennai, TN, IND, 600 032

Website

https://www.sicagen.com

Sicagen India Ltd is an investment holding company. Its principal business lines are building materials, power and control systems, manufacturing of MS barrels and manufacturing of water treatment chemicals, industrial packaging, speciality chemicals, engineering, cable manufacturing, and fabrication. It serves a diverse range of markets including retail, institutional, dealers, corporate, builders, agriculturists, fabricators, and contractors. The company's segment includes Trading and Manufacturing. It generates maximum revenue from the Trading segment from India.

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