Polo Queen Industrial and Fintech (BOM:540717) Days Payable : 67.46 (As of Dec. 2023)

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What is Polo Queen Industrial and Fintech Days Payable?

Polo Queen Industrial and Fintech's average Accounts Payable for the three months ended in Dec. 2023 was ₹74.7 Mil. Polo Queen Industrial and Fintech's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹101.1 Mil. Hence, Polo Queen Industrial and Fintech's Days Payable for the three months ended in Dec. 2023 was 67.46.

The historical rank and industry rank for Polo Queen Industrial and Fintech's Days Payable or its related term are showing as below:

BOM:540717' s Days Payable Range Over the Past 10 Years
Min: 17.02 Med: 64.5 Max: 190.36
Current: 117.73

During the past 11 years, Polo Queen Industrial and Fintech's highest Days Payable was 190.36. The lowest was 17.02. And the median was 64.50.

BOM:540717's Days Payable is ranked better than
78.68% of 469 companies
in the Conglomerates industry
Industry Median: 58.29 vs BOM:540717: 117.73

Polo Queen Industrial and Fintech's Days Payable declined from Dec. 2022 (141.34) to Dec. 2023 (67.46). It may suggest that Polo Queen Industrial and Fintech accelerated paying its suppliers.

Polo Queen Industrial and Fintech Days Payable Historical Data

The historical data trend for Polo Queen Industrial and Fintech'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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Polo Queen Industrial and Fintech Days Payable Chart

Polo Queen Industrial and Fintech Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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68.26

190.36

100.16

84.83

90.40

Polo Queen Industrial and Fintech Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															141.34	84.76	131.28	69.19	67.46

Competitive Comparison of Polo Queen Industrial and Fintech's Days Payable

For the Conglomerates subindustry, Polo Queen Industrial and Fintech'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.

Polo Queen Industrial and Fintech's Days Payable Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Polo Queen Industrial and Fintech's Days Payable distribution charts can be found below:

* The bar in red indicates where Polo Queen Industrial and Fintech's Days Payable falls into.

Polo Queen Industrial and Fintech 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.

Polo Queen Industrial and Fintech's Days Payable for the fiscal year that ended in Mar. 2023 is calculated as

	Days Payable (A: Mar. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2022 )	+	Accounts Payable (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (148.549	+	164.563)	/	2 )	/	632.139	*	365
=	156.556					/	632.139	*	365
=	90.40

Polo Queen Industrial and Fintech's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (74.714	+	0)	/	1 )	/	101.058	*	365 / 4
=	74.714					/	101.058	*	365 / 4
=	67.46

Polo Queen Industrial and Fintech Days Payable Related Terms

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Polo Queen Industrial and Fintech (BOM:540717) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Polo Queen Industrial and Fintech Ltd (BOM:540717) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ganpatrao Kadam Marg, 303/4/5 , A to Z Industrial Estate, Lower Parel (West), Mumbai, MH, IND, 400013

Website

https://www.poloqueen.com

Polo Queen Industrial and Fintech Ltd has its activities spread over many businesses like production and marketing of FMCG products in the domestic market with supplies to defense sector, development of I.T. Park as well trading in chemicals and minerals. Its operating segments include: Trading; Non Banking Financial Business; Pharma and IT/ITES. Substantial revenue comes from the Trading segment.

Polo Queen Industrial and Fintech (BOM:540717) Headlines

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