Star Cement (BOM:540575) Days Payable : 577.68 (As of Mar. 2024)

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What is Star Cement Days Payable?

Star Cement's average Accounts Payable for the three months ended in Mar. 2024 was ₹2,197 Mil. Star Cement's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹347 Mil. Hence, Star Cement's Days Payable for the three months ended in Mar. 2024 was 577.68.

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

BOM:540575' s Days Payable Range Over the Past 10 Years
Min: 88.86 Med: 130.09 Max: 270.92
Current: 189.07

During the past 9 years, Star Cement's highest Days Payable was 270.92. The lowest was 88.86. And the median was 130.09.

BOM:540575's Days Payable is ranked better than
85.87% of 375 companies
in the Building Materials industry
Industry Median: 66.04 vs BOM:540575: 189.07

Star Cement's Days Payable increased from Mar. 2023 (0.00) to Mar. 2024 (577.68). It may suggest that Star Cement delayed paying its suppliers.

Star Cement Days Payable Historical Data

The historical data trend for Star 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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Star Cement Days Payable Chart

Star Cement Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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99.31

88.86

100.83

270.92

194.08

Star Cement 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															-	132.23	179.61	171.70	577.68

Competitive Comparison of Star Cement's Days Payable

For the Building Materials subindustry, Star 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.

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

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

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

Star 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.

Star 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
=	( (2902.658	+	2197.02)	/	2 )	/	4795.367	*	365
=	2549.839					/	4795.367	*	365
=	194.08

Star Cement'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	+	2197.02)	/	1 )	/	347.043	*	365 / 4
=	2197.02					/	347.043	*	365 / 4
=	577.68

Star Cement Days Payable Related Terms

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Star Cement (BOM:540575) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Star Cement Ltd (BOM:540575) » Definitions » Days Payable

Traded in Other Exchanges

STARCEMENT:India

Address

P-15/1, Taratala Main Road, Century House, 2nd Floor, CPT Colony, Kolkata, WB, IND, 700 088

Website

https://www.starcement.co.in

Star Cement Ltd is a cement company in India. It offers Cement and Cement linker products. The group markets clinker to different grinding units in North East India and parts of Eastern India. It also exports clinker to neighbouring countries like Nepal and Bhutan. The company's product range comprises Ordinary portland cement, Portland pozzolana cement, and Portland slag cement. The company sells its products in India, Nepal and Bhutan, of which prime revenue is generated from the sales made in India.

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