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Fairchem Organics (BOM:543252) Days Payable : 14.54 (As of Dec. 2024)


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What is Fairchem Organics Days Payable?

Fairchem Organics's average Accounts Payable for the three months ended in Dec. 2024 was ₹136 Mil. Fairchem Organics's Cost of Goods Sold for the three months ended in Dec. 2024 was ₹855 Mil. Hence, Fairchem Organics's Days Payable for the three months ended in Dec. 2024 was 14.54.

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

BOM:543252' s Days Payable Range Over the Past 10 Years
Min: 6.72   Med: 8.52   Max: 10.84
Current: 9.1

During the past 5 years, Fairchem Organics's highest Days Payable was 10.84. The lowest was 6.72. And the median was 8.52.

BOM:543252's Days Payable is ranked worse than
97.22% of 1511 companies
in the Chemicals industry
Industry Median: 58.22 vs BOM:543252: 9.10

Fairchem Organics's Days Payable increased from Dec. 2023 (6.95) to Dec. 2024 (14.54). It may suggest that Fairchem Organics delayed paying its suppliers.


Fairchem Organics Days Payable Historical Data

The historical data trend for Fairchem Organics'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.

Fairchem Organics Days Payable Chart

Fairchem Organics Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
Days Payable
10.17 10.84 7.27 6.72 8.52

Fairchem Organics Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 6.95 7.53 10.19 11.82 14.54

Competitive Comparison of Fairchem Organics's Days Payable

For the Specialty Chemicals subindustry, Fairchem Organics'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.


Fairchem Organics's Days Payable Distribution in the Chemicals Industry

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

* The bar in red indicates where Fairchem Organics's Days Payable falls into.


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Fairchem Organics 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.

Fairchem Organics'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
=( (105.695 + 130.22) / 2 ) / 5053.948*365
=117.9575 / 5053.948*365
=8.52

Fairchem Organics's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

Days Payable (Q: Dec. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2024 ) + Accounts Payable (Q: Dec. 2024 )) / count ) / Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=( (136.259 + 0) / 1 ) / 855.037*365 / 4
=136.259 / 855.037*365 / 4
=14.54

* 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.


Fairchem Organics Days Payable Related Terms

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Fairchem Organics Business Description

Traded in Other Exchanges
Address
253/P and 312, Chekhala, Sanand-Kadi Highway, Taluka Sanand, Ahmedabad, GJ, IND, 382 115
Fairchem Organics Ltd is a manufacturer of specialty chemical products. Its product category includes Aroma Chemicals; Nutraceuticals and Oleochemicals. Some of them include Alpha Damascone; Amber Fleur; Gamma Methyl Ionone; Tetrahydromyrcenol; Natural Concentrated Sterols; Distilled Fatty Acid and others.

Fairchem Organics Headlines

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