Orient Cement (BOM:535754) Days Payable : 221.67 (As of Jun. 2024)

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What is Orient Cement Days Payable?

Orient Cement's average Accounts Payable for the three months ended in Jun. 2024 was ₹2,288 Mil. Orient Cement's Cost of Goods Sold for the three months ended in Jun. 2024 was ₹942 Mil. Hence, Orient Cement's Days Payable for the three months ended in Jun. 2024 was 221.67.

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

BOM:535754' s Days Payable Range Over the Past 10 Years
Min: 55.16 Med: 169.52 Max: 184.84
Current: 158.14

During the past 13 years, Orient Cement's highest Days Payable was 184.84. The lowest was 55.16. And the median was 169.52.

BOM:535754's Days Payable is ranked better than
83.78% of 376 companies
in the Building Materials industry
Industry Median: 67.175 vs BOM:535754: 158.14

Orient Cement's Days Payable increased from Jun. 2023 (159.20) to Jun. 2024 (221.67). It may suggest that Orient Cement delayed paying its suppliers.

Orient Cement Days Payable Historical Data

The historical data trend for Orient Cement'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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Orient Cement Days Payable Chart

Orient Cement Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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167.66

171.38

173.11

177.35

148.27

Orient Cement Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Days Payable	Get a 7-Day Free Trial															159.20	219.67	184.11	97.28	221.67

Competitive Comparison of Orient Cement's Days Payable

For the Building Materials subindustry, Orient Cement'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.

Orient Cement's Days Payable Distribution in the Building Materials Industry

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

* The bar in red indicates where Orient Cement's Days Payable falls into.

Orient Cement 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.

Orient Cement'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
=	( (2146.723	+	2288.278)	/	2 )	/	5458.832	*	365
=	2217.5005					/	5458.832	*	365
=	148.27

Orient Cement's Days Payable for the quarter that ended in Jun. 2024 is calculated as:

	Days Payable (Q: Jun. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2024 )	+	Accounts Payable (Q: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
=	( (2288.278	+	0)	/	1 )	/	941.961	*	365 / 4
=	2288.278					/	941.961	*	365 / 4
=	221.67

Orient Cement Days Payable Related Terms

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Orient Cement Business Description

Industry

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ORIENTCEM:India

Address

25, Barakhamba Road, Birla Tower, 3rd Floor, New Delhi, IND, 110 001

Website

https://www.orientcement.com

Orient Cement Ltd is a manufacturer and supplier of cement products. Its manufacturing facilities are located at Devapur in Telangana, Jalgaon in Maharashtra and Chittapur in Karnataka. Its product mix includes Ordinary Portland Cement (OPC) and Pozzolana Portland Cement (PPC) sold under the brand name of Birla A1. Most of its revenue is derived from the sale of cement.

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