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Shankar Lal Rampal Dye Chem (BOM:542232) Days Payable : 0.77 (As of Mar. 2024)


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What is Shankar Lal Rampal Dye Chem Days Payable?

Shankar Lal Rampal Dye Chem's average Accounts Payable for the three months ended in Mar. 2024 was ₹6 Mil. Shankar Lal Rampal Dye Chem's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹721 Mil. Hence, Shankar Lal Rampal Dye Chem's Days Payable for the three months ended in Mar. 2024 was 0.77.

The historical rank and industry rank for Shankar Lal Rampal Dye Chem's Days Payable or its related term are showing as below:

BOM:542232' s Days Payable Range Over the Past 10 Years
Min: 1.48   Med: 3.8   Max: 21.32
Current: 9.92

During the past 11 years, Shankar Lal Rampal Dye Chem's highest Days Payable was 21.32. The lowest was 1.48. And the median was 3.80.

BOM:542232's Days Payable is ranked worse than
96.73% of 1500 companies
in the Chemicals industry
Industry Median: 60.475 vs BOM:542232: 9.92

Shankar Lal Rampal Dye Chem's Days Payable declined from Mar. 2023 (1.88) to Mar. 2024 (0.77). It may suggest that Shankar Lal Rampal Dye Chem accelerated paying its suppliers.


Shankar Lal Rampal Dye Chem Days Payable Historical Data

The historical data trend for Shankar Lal Rampal Dye Chem'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.

Shankar Lal Rampal Dye Chem Days Payable Chart

Shankar Lal Rampal Dye Chem Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.34 3.08 5.75 5.24 1.48

Shankar Lal Rampal Dye Chem Quarterly Data
Sep18 Mar19 Sep19 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.88 2.80 27.53 22.33 0.77

Competitive Comparison of Shankar Lal Rampal Dye Chem's Days Payable

For the Specialty Chemicals subindustry, Shankar Lal Rampal Dye Chem'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.


Shankar Lal Rampal Dye Chem's Days Payable Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Shankar Lal Rampal Dye Chem's Days Payable distribution charts can be found below:

* The bar in red indicates where Shankar Lal Rampal Dye Chem's Days Payable falls into.



Shankar Lal Rampal Dye Chem 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.

Shankar Lal Rampal Dye Chem'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
=( (15.925 + 6.049) / 2 ) / 2713.804*365
=10.987 / 2713.804*365
=1.48

Shankar Lal Rampal Dye Chem'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 + 6.049) / 1 ) / 720.693*365 / 4
=6.049 / 720.693*365 / 4
=0.77

* 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.


Shankar Lal Rampal Dye Chem Days Payable Related Terms

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Shankar Lal Rampal Dye Chem (BOM:542232) Business Description

Traded in Other Exchanges
N/A
Address
S.G. 2730, Suwana, Near Kamal Ka Kuwa, Bhilwara, RJ, IND, 311001
Shankar Lal Rampal Dye Chem Ltd is engaged in the business of Trading in Dyes, Chemical, and allied products. The company is a trader, exporter, importer, and supplier of sulphur dyes, paraffin wax, phosphoric acid, sodium sulphide, hydrogen peroxide, citric acid monohydrate, phosphate chemicals, and refined glycerine. It exports its product to India, Malaysia, Indonesia, Bangladesh, and other countries. Geographically the company generates the majority of its revenue Within India.

Shankar Lal Rampal Dye Chem (BOM:542232) Headlines

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