Aarti Surfactants (BOM:543210) Days Payable : 50.21 (As of Mar. 2024)

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What is Aarti Surfactants Days Payable?

Aarti Surfactants's average Accounts Payable for the three months ended in Mar. 2024 was ₹673 Mil. Aarti Surfactants's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹1,223 Mil. Hence, Aarti Surfactants's Days Payable for the three months ended in Mar. 2024 was 50.21.

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

BOM:543210' s Days Payable Range Over the Past 10 Years
Min: 37.5 Med: 48.79 Max: 55.12
Current: 47.94

During the past 6 years, Aarti Surfactants's highest Days Payable was 55.12. The lowest was 37.50. And the median was 48.79.

BOM:543210's Days Payable is ranked worse than
63.89% of 1501 companies
in the Chemicals industry
Industry Median: 60.44 vs BOM:543210: 47.94

Aarti Surfactants's Days Payable increased from Mar. 2023 (42.07) to Mar. 2024 (50.21). It may suggest that Aarti Surfactants delayed paying its suppliers.

Aarti Surfactants Days Payable Historical Data

The historical data trend for Aarti Surfactants'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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Aarti Surfactants Days Payable Chart

Aarti Surfactants Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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37.50

45.66

55.12

48.90

50.77

Aarti Surfactants Quarterly Data
	Mar19	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													42.07	45.29	44.11	46.03	50.21

Competitive Comparison of Aarti Surfactants's Days Payable

For the Specialty Chemicals subindustry, Aarti Surfactants'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.

Aarti Surfactants's Days Payable Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Aarti Surfactants's Days Payable distribution charts can be found below:

* The bar in red indicates where Aarti Surfactants's Days Payable falls into.

Aarti Surfactants 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.

Aarti Surfactants'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
=	( (569.237	+	673.011)	/	2 )	/	4465.522	*	365
=	621.124					/	4465.522	*	365
=	50.77

Aarti Surfactants'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	+	673.011)	/	1 )	/	1223.034	*	365 / 4
=	673.011					/	1223.034	*	365 / 4
=	50.21

Aarti Surfactants Days Payable Related Terms

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Aarti Surfactants (BOM:543210) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Aarti Surfactants Ltd (BOM:543210) » Definitions » Days Payable

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AARTISURF:India

Address

Mulund-Goregaon Link Road, 2nd Floor, Unit 202, Plot 71, Udyog Kshetra, L.B.S. Marg, Mulund (West), Mumbai, MH, IND, 400 080

Website

https://www.aarti-surfactants.com

Aarti Surfactants Ltd is the producer of ionic and non-ionic surfactants and specialty products, serving Home and Personal Care, Industrial Applications, and the Agro and Oil industries. The company's product portfolio includes Surfactants, Mild surfactants, Rheology modifiers, Pearlising agents, UV filters, Syndet and soap bases, and Active ingredients, as well as conditioning agents, blends, proteins, and quats. Geographically the group has a business presence in India and Outside India, of which a majority of its revenue is derived from India. The products of the group have application in consumer-centric personal care and home care products, including, inter alia, skin care, oral care, hair care, cosmetics, toiletries and detergent products.

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